Is Bangladesh ready for digital only banks?

Is Bangladesh ready for digital only banks?

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Episode
1460 of 1991
Længde
18M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

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


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