Bank Asia wins ‘FinTech Innovation of the Year-Financial Inclusion’ award

Bank Asia PLC has won the "FinTech Innovation of the Year-Financial Inclusion" award at the 3rd Bangladesh FinTech Award 2025 for its Micro Merchant initiative, which has significantly expanded digital payment access and strengthened financial inclusion at the grassroots level.

Ahsan H Mansur, governor of Bangladesh Bank, attended the event as the chief guest and handed over the awards to the recipients at the Pan Pacific Sonargaon Dhaka in the capital on Saturday, according to a press release.

Sohail RK Hussain, managing director of Bank Asia PLC, and Mohammad Ziaul Hassan Molla, deputy managing director, received the award on behalf of the bank at the award-giving ceremony organised by the Bangladesh Brand Forum.

Launched in July 2020, the Micro Merchant service enables fast, affordable, and secure digital transactions at the community level through mobile app-based operations.

Currently, 28,000 micro merchants are active across the country and have facilitated more than 20 million transactions amounting to Tk 36,646.72 million to date.

The initiative supplements Bank Asia's agent banking model, introduced in 2014, which continues to play a key role in promoting financial inclusion across Bangladesh.