Dhaka, Dec. 16 -- Customers have taken collateral-free digital loans more than 12.7 million times from The City Bank through the bKash app, with over Tk50 billion disbursed within three years of the service's launch.

So far, more than 1.9 million customers from all 64 districts of the country have availed the facility, with women accounting for 25 percent of the borrowers. Most users have taken the loan multiple times, indicating repeat usage of the service.

The instant digital loan facility offered through the bKash app has expanded access to finance, particularly for unbanked and underserved customers, contributing to sustainable financial inclusion. Without any paperwork or collateral, customers can access instant loans ranging from ...