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Is Bangladesh ready for digital only banks?

Is Bangladesh ready for digital only banks?

FromBusiness Daily


Is Bangladesh ready for digital only banks?

FromBusiness Daily

ratings:
Length:
18 minutes
Released:
Aug 21, 2023
Format:
Podcast episode

Description

The government in Bangladesh is trying to modernise its economy and has announced a policy to create digital only banks. The idea is to move away from traditional bricks and mortar banks and provide more financial services to people in remote areas.

For fintech companies that operate digital wallets – this is a gamechanger. However, many people in the country don’t have access to smartphones or the internet, so how will these banks work for them and for Bangladesh’s economy?

Presenter / producer: Devina Gupta
Image: Money exchange; Credit: Getty Images
Released:
Aug 21, 2023
Format:
Podcast episode

Titles in the series (100)

The daily drama of money and work from the BBC.