MOBILE USES AND MFS LANDSCAPE IN BANGLADESH
      Bangladesh is one of the most populous and most 
       densely populated countries in the world. 
      Mobile penetration levels are relatively high, even in 
       rural  areas  (something  not  seen  in  most  other 
       emerging markets). 
      Mobile operators has immense scope to develop new 
       revenue streams beyond core mobile connectivity – 
       services  that  support  basic  human  needs  around 
       agriculture, education, businesses  and employment.
      The  use  of  mobile  in  driving  socio-economic 
       improvement is on the rise. MFS growth for the last 
       few years were phenomenal. 
   MOBILE USES AND MFS LANDSCAPE IN BANGLADESH
    The country now has a relatively solid mobile consumer base, 
      much of which still  have immense potential for serving core life 
      needs like mobile money and its ancillary and related services.
    Bangladesh Bank the mobile money regulator in the country 
      sees the existing bank led model suitable for the country while 
      being open to new investment in innovation and technology
    Mobile operators are demonstrating the potential for social VAS, 
      while  MFS  provider  are  coming  up  with  various  VAS  in  the 
      mobile  money  landscape.  We  expect  this  to  continue  to  grow, 
      while we also understand it will take time. 
    There is still an opportunity for public and private investment in 
      providing seed capital for the innovation that is not yet ‘market-
      led’, with a key role for government in facilitating this process.
    Although we have introduced simplified CDD for MFS account 
      but all activities are under AML/CFT regulation of Bangladesh 
      Bank.
          BANGLADESH DEMOGRAPHIC 
          CHARACTERISTICS
                 Rural Urban divide 
                             Rural     Urban
                                            88%
                                         43%            46%
                              35%                   38%
                                 21%                                          Age Structure----------65% working age population  
                                                                            65 + years        5
                                                                           55-64 years          5.9
                                                                           25-54 years                                                            38
      Poverty Head count ratio at national poverty incidence               15-24 years                              18.8
                                                                            0-14 years                                                   32.3
     FINANCIAL SYSTEM OF BANGLADESH 
                                               4  State owned 
                                   Schedul     Commercial Banks
                     ATMs            ed        4 Specialized Banks
                    network-                   39 Private commercial 
                                    Banks      Banks 
                      6035           56        9 Foreign Banks
                                               • 9400 Branches country 
                                                wide
                            Central       Non Bank 
                                          Financial 
                            Banks        Institutions 
                                            -33
                     MFIs-          4 Non 
                      697,         Schedul
                      MFIs           ed 
                    branches-       Banks
                     18000
  DIGITAL FINANCIAL SERVICES INFRASTRUCTURE
  Digital Initiatives are in two fronts
  Digital Initiatives are in two fronts
   In the Banking through introduction of internet, SMS, ATMs, POS based 
   In the Banking through introduction of internet, SMS, ATMs, POS based 
   transaction
   transaction
   Through MFS by the mobile bank account /mobile wallet
   Through MFS by the mobile bank account /mobile wallet
  BB has built a robust technology infrastructure  with various enablement's to 
  BB has built a robust technology infrastructure  with various enablement's to 
  support digital financial services:
  support digital financial services:
   Online Credit & Supervisory reporting
   Online Credit & Supervisory reporting
   Electronic Fund transfer 
   Electronic Fund transfer 
   Bangladesh Automated clearing house
   Bangladesh Automated clearing house
   National Payment Switch 
   National Payment Switch 
   Real-time Gross Settlement systems 
   Real-time Gross Settlement systems 
  Bangladesh Bank in association with the NID authority further wants to connect NID 
  Bangladesh Bank in association with the NID authority further wants to connect NID 
  with the digital banking and MFS system to introduce e-KYC. Following initiatives are 
  with the digital banking and MFS system to introduce e-KYC. Following initiatives are 
  underway :
  underway :
   NID linked G2P payments 
   NID linked G2P payments 
   Union Digital Centers 
   Union Digital Centers 
   Agent Banking; POS, rural branches, Rural Savings Bank 
   Agent Banking; POS, rural branches, Rural Savings Bank