Dhaka, Feb. 17 -- Agent banking continues changing the rural socioeconomic landscape with formal credit inflow, deposit netting, and injection of inward remittance, marking a remarkable increase in the least-developed regions.
Since access to finance is one of the key challenges facing financial inclusion, lending through agent banking is explicitly beneficial to rural customers.
Banking on this facility of easy access to the stakeholders, the operations of agent banking recorded a sharp growth in the fourth quarter (Q4) of 2024.
At the end of December 2024, lending through agent banking rose by around 56 per cent year on year to reach Tk 240.283 billion. The volume of loans disbursed till December 2023 was Tk 154.083 billion.
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