Digital Financial Services (DFS)

Despite significant socio-economic developments, Bangladesh still remains to have less than 1% of GDP allocation for the healthcare sector. While public spending increases at a rate slower than the growing demand, how can we attract more private funding into the Healthcare sector? Public Healthcare Sector Bangladesh has made significant socio-economic developments in recent years, with […]

Bangladesh’s overall financial inclusion increased by 56.3% between 2011 to 2018, driven by strong policy support from the government, initiatives by the private sector, and involvement by the multilateral development partners. For equitable economic growth and poverty reduction, it is essential to increase access and usage of innovative financial products and services. Giving underprivileged groups financial access […]

Over the last decade, the payments landscape in Bangladesh has undergone a structural shift. With the change in consumer behavior, the landscape is becoming digital —moving towards contactless and cashless transactions. Meanwhile, COVID-19 has accelerated the growth of the digital payments landscape. A Promising Landscape Fuelled By A Growing Economy The Bangladesh economy has withstood […]

Digital Banking has redefined the financial landscape in Bangladesh during the Covid-19 pandemic. Overnight, people needed to figure out how to use banking services electronically because, despite a pandemic, the demand for credit did not disappear. While residents in the cities rushed to adopt digital banking, rural communities were still hesitant to embrace the technology. […]

An Overview of the G2P Payments Sector Bangladesh is experiencing unprecedented growth and success in all sectors. Year after year per capita income is rising, millions of people are being lifted out of poverty, government services are becoming more digitized, and the country is one of the global leaders in RMG exports. In this ongoing […]

FinTech has strongly emerged in developed markets FinTech, the emerging sector that uses technology to revamp financial services for both businesses and consumers, can have prodigious impact on economic activities. FinTech encompasses products and services within the categories of lending, personal finance, retail and institutional investments, equity financing, consumer banking and many more. Today’s digital […]

Munad, a PayPal engineer and a non-residential Bangladeshi, has come to visit Bangladesh after a long time and is in constant awe of the amount of transformation the country has gone through in the last decade. From technology integration to developed infrastructure, he was hard-pressed to find similarities between the Bangladesh he had lived in […]

The current generation in Bangladesh is growing up with smart devices and convenience services as a greater number of businesses seek to bring their products and services to the doorsteps of consumers. In finance, however, businesses are using smartphones and other devices to bring financial services as close as to the palm of our hands. […]

As of 2018, Bangladesh has a lot to be proud of. We have entered the lower rungs of middle income nation as per World Bank, have maintained a gross domestic product (GDP) growth rate that is second in the region, with a GDP of $250 billion+ it is the 34th largest economy and we have […]