Friday , December 1 2023

Those who applied for digital bank licences?

It is known that a consortium of 10 banks named ‘Digi Ten Plc’ has announced investment in Digital Bank. These 10 banks have reported an investment of Tk 127 crore 78 lakh. This alliance includes City Bank, Eastern Bank, Mercantile Bank, Midland Bank, Mutual Trust Bank, NCC Bank, Prime Bank, Pubali Bank, Trust Bank and Dutch-Bangla Bank.

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52 companies apply for licences for digital bank

Apart from this, the proposed ‘Bkash Digital Bank’ along with the current entrepreneur BRAC Bank, USA’s ‘Money in Motion LLC, International Finance Corporation, Bill and Melinda Gates Foundation, Ant Group and Softbank Vision Fund. The present and some other entrepreneurs of Nagad have also applied for formation of ‘Nagad Digital Bank Plc’.

Apart from this, three state-owned commercial banks, Sonali, Rupali, Agrani, have applied to form a digital bank in alliance. Mobile phone operator Banglalink and their parent company Veon have submitted an application to form a digital bank.

A coalition led by private United Commercial Bank (UCB) mobile financial services company has applied. Its name has been fixed as ‘Upay Digital Bank Plc’. This alliance includes private banks NRBC and Meghna. Alongside this is UCB’s entrepreneurial company Aramit, which mainly manufactures corrugated sheets. The alliance also includes UCB’s entrepreneurial company Navana Pharmaceuticals and IT services company Genex Infosys. Genex Infosys is a company owned by some of the entrepreneurs of NRBC.

Apart from this, digital service provider Patho has also shown interest in doing digital banking. The company wants to make this bank as ‘Pathao Digital Bank’. The organization says that many young people will benefit from the approval of digital bank

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