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Clouds playing hide and seek in the sunlight, the image of a flying white swinging horse is created in the sky. Photo from Kawran Bazar.
In a landmark development aimed at advancing digital finance in Bangladesh, the International Finance Corporation (IFC) and Bangladesh Bank have formalized a new agreement. With the sponsorship of the Australian government, this agreement aims to support Bangladesh Bank in creating a conducive environment for the widespread adoption of digital payments within the country. Through targeted efforts, the IFC-Bangladesh Bank partnership intends to overcome prevailing challenges and pave the way for a more seamless digital payment landscape in Bangladesh.The Bangladesh economy has reached an inflection point in digital finance with the adoption of mobile financial services and digitalization of banking facilities in the country.The adoption and acceptance of digital payments particularlyin small businesses is the next critical step for a drive toward a cashless economy.The project aims to support Bangladesh Bank in issuing new policy to drive digital payment adoption, conduct coun...
17h ago