Dutch-Bangla Bank (DBBL) and Mastercard today jointly announced to introduce prepaid cards exclusively for women, students and travelers to provide new financial products and services to meet the diverse needs of customers.
A strategic partnership of banks, fintech and mobile financial services (MFS) could boost Bangladesh’s banking sector by delivering better, cheaper and more inclusive services, according to the top executives of some lenders in the country.
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Twenty-five banks are suffering from a collective default loan of Tk 974.4 crore after several non-bank financial institutions (NBFIs) failed to pay back funds despite maturity, in another sign of feeble state in the financial industry.