Explainer: How digital banks actually operate
Bangladesh Bank has taken a major step toward making the banking system more accessible, technology-driven, and inclusive. As part of fully modernizing the country's financial sector, five institutions have been given preliminary approval to operate digital banks. Out of 12 applications scrutinized, four new institutions have been issued a 'Letter of Intent' (LoI), according to Bangladesh...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
