The story of financial inclusion in Bangladesh began with microfinance institutions. Towards the Sustainable Development Goals (SDGs), financial inclusion may well become an alternative framework for guiding allocation of international resources. In Bangladesh, policy-makers have recognized the social, economic and commercial importance of financial inclusion. The Bangladesh Bank has set up a Financial Inclusion Department and a National Financial Inclusion Strategy (NFIS) is currently being formulated. In this thought leadership article (TLA), we consider the latest avatars of digital financial services (DFS), agent banking and mobile financial services (MFS), with a view towards their progress and challenges that remain; and offer insights for their development.
The report can be found here: A Closer Look at Financial Inclusion in Bangladesh.
Read more in these News articles regarding this TLA in the Dhaka Tribune and in detail in The Financial Express.