HSBC highlights key trends shaping real-time payments in Bangladesh

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh recently hosted a forum titled "Redefining Treasury through Real-time Payments", focusing on the evolving landscape of real-time payments and their implications for businesses.

The session featured speakers including Arief Hossain Khan, executive director of the Payment Systems Department at Bangladesh Bank; A.K.M. Mukhlesur Rahman, senior functional consultant (Electronic Payment & Transfer), Ministry of Finance; Md Khairul Anam, additional director, Payment Systems Department, Bangladesh Bank; Uzma Chowdhury, director of finance, Pran-RFL Group; and Patrick Zhu, managing director and head of Corporate Sales Asia, Global Payments Solutions, HSBC.

Discussions explored the evolution of real-time payments in Bangladesh, upcoming government initiatives, and the opportunities presented by the digital transformation of treasury management. Speakers underscored the importance of collaboration between regulators and corporates to advance the payment ecosystem.

"Real-time payments are no longer optional; they are now the backbone of modern financial infrastructure," said Arief Hossain Khan, chief guest of the event.

Delivering the keynote, Patrick Zhu noted, "Real-time payments are unlocking speed and efficiency for the business community, supported by strong regulatory efforts. Bangladesh can seize this opportunity to further digitise its payment infrastructure not only for domestic but also for international settlements. With its expertise and industry-leading solutions, HSBC is keen to play a pivotal role in supporting this journey."

HSBC also highlighted insights from its recent survey of over 460 treasury and finance leaders across eight Asia-Pacific markets, published in the report Redefining Treasury in Asia Pacific: Voices of Treasury.