The banking landscape in Bangladesh is evolving rapidly, with customer expectations shifting toward more digital, convenient, and inclusive solutions. Against this backdrop, AB Bank has announced a strategic partnership with Filps Limited, a UAE-based fintech firm with proven expertise across South Asia, to introduce nano loans and accelerate digital transformation in the market.
Meeting the Next Generation of Banking Needs
AB Bank’s MD and CEO, Syed Mizanur Rahman, highlighted how the rise of young, digitally savvy customers is reshaping what is expected of banking services in Bangladesh. He emphasized that nano loans are a critical step in expanding financial access and meeting customer needs in real time.
“The banking landscape in Bangladesh is changing very fast. Young people are more into digital banking nowadays and in line with that we are thinking of expanding our digital banking network by incorporating nano loans. That’s where Filps came in. With their strong footprint in Sri Lanka, Malaysia, and Nepal, and their experience in enabling institutions globally, this partnership will give us the insight and technology to move fast as a first mover in this space.”
– Syed Mizanur Rahman, MD & CEO, AB Bank PLC
With Filps’s 20+ years of experience designing and scaling digital financial solutions across emerging markets, we’re focusing on enabling nano loans, providing a fully digital credit option for customers without requiring branch visits. By leveraging Filps’s API-driven architecture, AB Bank is set to accelerate implementation while ensuring operational reliability and regulatory compliance.
Looking Ahead
The partnership reflects a broader trend in Bangladesh’s banking industry: the drive to embrace customer-first digital innovation. Together, the two institutions are working to set new benchmarks for accessibility, speed, and scale in financial services, laying the foundation for a future where banking meets people where they are, powered by technology and insight.