The government will examine the possibility of establishing digital banks in the country to expand and accelerate financial inclusion.
Finance Minister AHM Mustafa Kamal in his budget speech on Thursday said that it is to be noted that establishing digital banks is under either initial implementation or experimental stage in various developed countries and some developing countries in Asia including Singapore, Malaysia and India.
Once digital banks are established, huge employment opportunities will be generated for young IT workers, he added.
So the government will examine the possibility of establishing digital banks for expanding and accelerate financial inclusion in the country, he said.
