Bank Asia’s Micro Merchant initiative wins FinTech Innovation 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 expanded digital payment access and strengthened financial inclusion at the grassroots level.

The award was presented at a ceremony organised by the Bangladesh Brand Forum at the Pan Pacific Sonargaon in Dhaka on November 8, 2025. Bangladesh Bank Governor Dr Ahsan H Mansur attended the event as chief guest. Bank Asia Managing Director Sohail R K Hussain and Deputy Managing Director Mohammad Ziaul Hassan Molla received the award on behalf of the bank.

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, facilitating more than 20 million transactions worth Tk 36,646.72 million to date.

The initiative complements Bank Asia's Agent Banking model, introduced in 2014, which continues to play a vital role in advancing financial inclusion across Bangladesh.