Dhaka, July 13 -- The total disbursement of the joint digital loan service by City Bank and bKash has crossed the milestone of Tk 10,000 crore, marking a significant breakthrough in the digital financial inclusion.

Since its commercial launch in December 2021, around 35 lakh bKash app users have availed of this digital loan facility across a total of 3.19 crore loan accounts.

According to City Bank's data, each customer has taken this short-term loan an average of nine or more times, reflecting strong reuse of the service and a growing public demand for hassle-free, small-scale credit. Currently, the loan facility is accessible to more than 1.20 crore eligible bKash users.

The service has successfully reached segments of the population...