Agent banking is the latest innovation in banking services available in Bangladesh aiming to provide formal banking services to the unbanked. The aim is to provide a secure alternative delivery channel of banking services to the underprivileged and under-served population who live in remote locations.
Mr. Arfan Ali, the founding Chairman of “Zaytoon Business Solutions” is the pioneer of Agent Banking in Bangladesh. He has promoted “Financial Inclusion” of the un-served and unreached people of the country, and worked tirelessly to include them in the financial ecosystem.
However, despite Bangladesh Bank directives, banks have not been able to successfully deliver banking services to the rural and secluded population through agent banking outlets. Zaytoon Business Solutions in association with a2i project of the Government has taken the initiative to deliver all financial and other e-services, including agent banking services so that village people do not need to go elsewhere for the services.