For the last three years, bKash- a mobile financial service provider has been facing losses. In the first nine months of this year, the company has incurred a loss of Tk 104 crore, which is almost 100% more than the same period last year.
In the first nine months of last year (January-September), the loss was only Tk 52 crore. At the same time this year, the company’s losses have increased to Tk 104 crores.
At this time, the total income of the company is Tk 487 crores. But Tk 519 crore has been spent on salaries and allowances of the employees and in paying taxes.
Although only 15 mobile service providers in the country provide banking services, only two to three companies are controlling the entire banking sector. However, the position of bKash is at the top in services and activities.