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2023-05-24 18:39:30

BB plans to introduce digital bank

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BB plans to introduce digital bank

Bangladesh Bank (BB) Governor Abdur Rouf Talukder said they are planning to introduce a digital bank in the country.

"Soon we will introduce digital bank in the country. We are also planning to introduce an online real-time credit rating system very soon,” he said.

He made the disclosure while speaking as chief guest at the first Digital Transformation Summit-2023 at a local hotel in the capital.

The Association of Bankers Bangladesh Limited (ABB) is hosting the two-day summit with the theme "Banking on Digital Transformation”.

In his speech, Abdur Rouf Talukder informed that they are very close to issuing national debt cards.

He said the most talked about issue in the banking sector now is corporate governance and non-performing loans.

"We have successfully implemented the Digital Bangladesh vision. Now, we are taking steps to achieve the Smart Bangladesh vision," the central bank governor further said.

He said the banking operations holistically changed all over the world because of the intervention of artificial intelligence (AI) in the era of the fourth industrial revolution (4IR).

So, the bankers have to prepare themselves digitally to cope with rapid change in the business, he added.

Bd-pratidin English/Golam Rosul    

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