Bangladesh requires digital banking, not an increase in bank numbers
Experts question whether issuing new digital bank licences will truly expand financial inclusion or merely intensify competition in an already crowded market.
The primary concern remains whether digital banking can effectively integrate more individuals and businesses into the formal financial sector while offering credit at lower costs and with greater efficiency. If these objectives are not met, the issuance of five new licences will simply result in additional banks competing for the same existing market share.
