Mobile financial service, or MFS, accounts in Bangladesh have surged by nearly 20 million, marking an 8.71 percent increase over the past year.A recent update from Bangladesh Bank revealed that by September 2024, the total number of MFS accounts reached 233.7 million, up from 215 million in the same month in 2023.This indicates a rise of 18.7 million accounts.The data also shows a steady upward trend in the number of MFS accounts. In September 2022, the total was 185.2 million.Shamsuddin Haider Dalim, head of the communications department at bKash, attributed the growth to the increasing use of mobile financial services, which has gained more trust among consumers. "People are gradually becoming more accustomed to using mobile financial services," he told bdnews24.com. "bKash and other institutions are always striving to introduce new services for customers. —bdnews24.com

Source: bd News24 November 18, 2024 15:01 UTC