The board of Bangladesh Bank (BB) has approved the ‘Digital Bank’ guideline keeping provision for paid-up capital at Tk 125 crore.
BB Executive Director and spokesperson Md Abul Bashar today confirmed about the approval.
As per the guideline, the licence of the Digital Bank will be given under the Banking Company Act 1991.
The payment service will be operated under the Bangladesh Payment and Settlement System Regulations, 2014, according to the approved guideline.
Source: Bangladesh Sangbad Sangstha