bKash signs Distributor Agreement with Continental Courier Services

March 27, 2012 Dhaka, Bangladesh

bKash Limited signed an agreement with Continental Courier Services Limited for nationwide mobile financial service distribution on 27th March, 2012 in Dhaka. This milestone accord will bring a significant impact on the delivery of mobile financial services in the country, as bKash partners with Continental Courier Services to facilitate cash-in, cash-out and other services for customers across the country.

Continental is the largest courier company in Bangladesh which has been operating successfully for almost three decades, with a strong foothold in domestic courier services delivered through more than 5,000 agents nationwide. bKash, a subsidiary of BRAC Bank, provides comprehensive mobile financial services, currently available over Robi and Grameenphone phone networks. The services are convenient, affordable and reliable, and aims to widen the net of financial inclusion. This partnership of the two organizations is a step forward in ensuring accessibility to financial services and inclusive development for the people of Bangladesh.

Kamal S. Quadir CEO of bKash Ltd. And M. Nurul Imran Chisty, MD of Continental Courier Services Limited signed the agreement on behalf of their respective companies. Mr. Sayed Mahbubur Rahman, MD of BRAC Bank, Captain Syed Monirul Huq, Executive Director (Continental), Rezaul Hossain, Head of Sales & Distribution (bKash), Sania Mahmood, Head of Marketing (bKash), and other high officials of both the companies were present on the occasion.