Financial inclusiveness and financial stability are key to success
Bangladesh has achieved strong growth, but still needs to modernise finance
Bangladesh Bank (BB) has led a sustained effort to ingrain an inclusive, socially responsible financing ethos throughout the country. This, combined with new IT infrastructure – for example, through the introduction of cost-efficient, off-branch mobile phone/smart card-based banking and payment delivery modes – has had a major impact in facilitating financial deepening in the country. Inclusive financing in turn helps to support output and employment growth, and also underpins financial
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