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Bangladesh Bank okays Digital Bank guideline


Bangladesh Bank okays Digital Bank guideline

The board of Bangladesh Bank has approved the 'Digital Bank' guideline keeping provision for paid-up capital at Tk 125 crore. BB Executive Director and spokesperson Md Abul Bashar on Wednesday (Jun 14) confirmed about the approval, local media reported.

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.

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