Dhaka, Aug. 27 -- Now the much-hyped Nagad is destined to be privatised as part of government plan to bring more competition in the mobile financial services (MFS) sector.

Bangladesh Bank (BB) Governor Dr Ahsan H. Mansur disclosed Wednesday the decision made by the post-uprising government, after years of contentions surrounding the state-sector MFS outfit.

"Keeping the broader objective in mind," the central bank governor said, "an advertisement inviting bids from potential investors to operate the MFS here will probably be issued within a week."

The BB governor shared the information while speaking as the chief guest at 'The Cashless Bangladesh Summit 2025', jointly organised by the Institute of Cost and Management Accountants of Ban...