Maxima assures support for affordable financial services for low-income groups
July 11th, 2019 at 5:27 pm
Maxima assures support for affordable financial services for low-income groups

Dhaka – The Netherlands Queen Maxima Zorreguieta Cerruti has assured Bangladesh of further cooperation to ensure safe and affordable financial services available for low-income groups and small and medium-sized enterprises.

The Queen, who works as the UN Secretary General’s Special Advocate for Inclusive Finance for Development, came up with the assurance at a meeting with Bangladeshi entrepreneurs and the executives of financial institutes in Dhaka.

Maxima, who has been working on Inclusive Finance for Development, arrived in Dhaka on Tuesday on her UN roles to hold meeting with the bankers and executives, including the leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMRA).

The Queen, who also praised the expansion of financial inclusion in Bangladesh through simplification of the digital financial services,assured Bangladesh of extending cooperation to enhance the participation of the women folk in the financial services.

Bangladeshi Foreign Minister Abul Kalam Abdul Momen received Queen Maxima of the Netherlands – PID photo

State-run Bangladesh Sangbad Sangstha news agency reported quoting BGMEA President Rubana Huq that the meeting discussed on how to bring cent percent garment workers into digital transaction system through establishing an eco-system in the sector.

The Dutch Queen mentioned that if necessary initiative could be taken to exchange technical expertise with those international institutions which are working well with digital financial services worldwide.

BRAC Bank managing director Selim RF Hossain said the Queen observed Bangladesh’s marked improvement in financial inclusion over the last couple of years although gender discrimination.

The meeting was informed that the women are lagging behind the males in terms of getting banking and financial services.

The Queen mentioned about 4.5 million workers in the garment sector, disbursing their salaries through online would help them online shopping and also could make other online transactions.