Digital bank
Nagad Digital Bank becomes country’s first scheduled digital bank
Bangladesh Bank gave digital bank licence to Nagad today
Bangladesh plans more licences for digital banks in push to go cashless
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
Nine building blocks for a future-proof digital bank
To be successful, digital banks must address the needs of these untapped low-moderate-income segments by capturing the alternate sources of data
Two digital banks given go-ahead
The two are: Nagad Digital Bank Plc, Kori Digital Bank Plc
BB nod likely today for setting up digital banks
Bangladesh Bank is likely to give primary approval today for the formation of digital banks in the country.
Why digital banks may be more successful
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.
BB allows Nagad to surrender NBFI licence
Nagad wants to establish a digital bank
Genex Infosys, Navana Pharma, Aramit to invest in UPAY 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.
52 digital bank licences sought
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.
Prime Bank to set up 2 subsidiaries, invest in digital bank
Prime Bank has decided to set up two subsidiaries to provide financial and asset management services.
Dutch-Bangla Bank to invest in digital bank, open merchant bank
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.
A fifth of banks jump on digital bandwagon to power growth
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.
Digital bank’s application deadline extended until Aug 17
Entrepreneurs will get more time to prepare quality applications: BB
Crystal Insurance to invest Tk 12.5 crore for digital bank
The company is yet to finalise the name of the bank
BB frames rules for setting up digital banks
The Bangladesh Bank yesterday approved the guideline on digital banks, paving the way for establishing branchless banking operations, a development that is expected to accelerate cashless transactions and digital transformation.
Digital bank guideline approved
Interested investors should have a paid-up capital of Tk 125 crore