BB asks banks to follow bank-led model
Bangladesh Bank has asked scheduled banks to follow the bank-led model of mobile financial service to avoid confusion over who is the principal provider of the service, said BB officials.
A central bank official told New Age on Thursday that the BB on Monday issued letters to the managing directors and chief executive officers of all banks, asking them not to sign
mobile banking service
BRAC Bank launches mobile banking service
BRAC Bank introduced a complete mobile financial service yesterday with assistance from its subsidiary company bKash Ltd. Now mobile phones will be used as bank accounts and they will also serve as wallet for transaction of money.
BRAC Bank said customers will be able to receive electronic money into their bKash accounts
First-ever mobile banking launched in country
The first-ever mobile banking service in the country was launched on Thursday as a part of modernising the banking sector.
Dutch-Bangla Bank Limited launched the service in collaboration with mobile phone operators Banglalink and CityCell in the capital