GP, Bank Asia introduce device financing scheme

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Business Desk :
Grameenphone in partnership with Bank Asia has introduced a 4G device financing scheme titled ‘Loan Diye Phone’, which will enable its customers to buy 4G handsets with own choice.
Under this scheme, Bank Asia will provide loans to customers to buy 4G devices with a nine-month repay time.
The financing scheme was launched at a programme held at Grameenphone Center on Wednesday, a GP press release said.
Device financing is a new concept in Bangladesh where only 19 percent of the population has access to banking services. The minimum benchmark for personal loans from banks is Taka 50,000. This artnership between Grameenphone and Bank Asia will allow customers to purchase handsets priced below the aforementioned range.
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