Bangladesh Bank and IFC-World Bank Group have signed a cooperation agreement to promote financial inclusion of Bangladeshi women through increased adoption of mobile financial services (MFS).
The project will conduct a comprehensive study to provide a set of data and insights that MFS providers will optimise to pursue the women segment.
In addition, MFS providers will obtain women agent acquisition toolkit and a women focused MFS product design.
These will be used to build dedicated products and a delivery channel of women agents so that they can accelerate female MFS use.
Deputy Governor of Bangladesh Bank SK Sur Chowdhury said, “Bangladesh Bank has been working relentlessly in financial inclusion programmes, especially for women.”
IFC’s Country Manager for Bangladesh, Bhutan and Nepal Wendy Jo Werner said: “By signing the cooperation agreement with Bangladesh Bank, we hope to bring IFC and the World Bank Group’s global expertise to help the financial inclusion agenda and aid Bangladesh Bank’s objectives to ultimately empower Bangladeshi women and promote gender equality.”