DFIM Circular No. 02: Issuance of licence in favour of Nagad Finance PLC. as Financial Institution.

Website: www.bb.org.bd

Financial Institutions and Markets Department Bangladesh Bank Head Office Dhaka.

DFIM Circular No. 2
Date: 2 Jyeshtha 1430
17 May 2023

Chief Executive/Managing Director, All Financial Institutions and Scheduled Banks operating in Bangladesh

Dear Sir,

Regarding the issuance of licence to a new Financial Institution.

This is to inform you that, under the authority granted by Section 4(1) of the Financial Institutions Act, 1993, the Bangladesh Bank has issued a Financial Institution Licence (No. DFIM(L)/42, Date: 31 Baisakh 1430/ 14 May 2023) to 'Nagad Finance PLC.' to conduct financial business in Bangladesh. A copy of the Notification No. DFIM(L)1053/105/2023-1580 issued by the Bangladesh Bank on 2 Jyeshtha 1430/ 16 May 2023 regarding this matter is attached herewith for your information and necessary action.

Yours faithfully,

(Signature)
(Md. Amir Uddin)
Director (DFIM)
Phone: 9530178

Enclosure: 1 (One).

Bangladesh Bank
Head Office
Dhaka.

Notification No. DFIM(L)1053/105/2023-1580 Date: Dhaka, 2 Jyeshtha 1430/ 16 May 2023

This is to notify the public that, under the authority granted by Section 4(1) of the Financial Institutions Act, 1993, the Bangladesh Bank has issued a Financial Institution Licence (No. DFIM(L)/42, Date: 31 Baisakh 1430/ 14 May 2023) to Nagad Finance PLC., Delta Dahlia Tower, 36, Kamal Ataturk Avenue, Banani, Dhaka-1213, to conduct financial business in Bangladesh.

(Signature)
Ahmed Jamal
Deputy Governor.