The company will soon apply to introduce “Munafa Digital Bank”
Bangladesh Bank has once again invited applications from interested investors willing to establish a digital bank.
Bangladesh Bank gave digital bank licence to Nagad today
BB plans to offer more permissions for digital banks in order to pave the way for full-fledged financial services based on a 100 percent branchless banking system
To be successful, digital banks must address the needs of these untapped low-moderate-income segments by capturing the alternate sources of data
The two are: Nagad Digital Bank Plc, Kori Digital Bank Plc
Bangladesh Bank is likely to give primary approval today for the formation of digital banks in the country.
Bangladesh Bank issued comprehensive guidelines for establishing digital banks in mid-June. This important decision has generated a lot of excitement among different groups, including major banks, non-banking financial institutions (NBFIs) and innovative startups.
Nagad wants to establish a digital bank
Bangladesh Bank is likely to give primary approval today for the formation of digital banks in the country.
Bangladesh Bank issued comprehensive guidelines for establishing digital banks in mid-June. This important decision has generated a lot of excitement among different groups, including major banks, non-banking financial institutions (NBFIs) and innovative startups.
Nagad wants to establish a digital bank
Genex Infosys Ltd, Navana Pharmaceuticals Ltd and Aramit Ltd have decided to invest in the proposed digital bank named UPAY Digital Bank PLC.
Fifty-two applications have been filed by companies such as banks, fintec firms and mobile financial service providers to roll out digital banks, Bangladesh Bank Spokesperson Md Mezbaul Haque confirmed today.
The ride-sharing company will utilise its own fund
Prime Bank has decided to set up two subsidiaries to provide financial and asset management services.
Dutch-Bangla Bank Ltd (DBBL) is going to invest in a digital bank and form two subsidiaries in order to expand business in capital market, the bank said today.
Nearly a fifth of conventional banks in Bangladesh are preparing to establish digital banks to expand their reach to every nook and cranny of the country, win and retain tech-savvy customers without physical presence.
Entrepreneurs will get more time to prepare quality applications: BB
