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Conclusion Electronic Banking

Electronic banking has opened opportunities for financial institutions and boosted economic growth, though Bangladesh still lags globally in digital finance due to its developing status. While digital financial inclusion can promote development and stability, careful implementation is needed to avoid risks to banks. Regulators may see it as transformative but gaining rural trust in e-banking remains a challenge requiring focused outreach from banks.

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3K views1 page

Conclusion Electronic Banking

Electronic banking has opened opportunities for financial institutions and boosted economic growth, though Bangladesh still lags globally in digital finance due to its developing status. While digital financial inclusion can promote development and stability, careful implementation is needed to avoid risks to banks. Regulators may see it as transformative but gaining rural trust in e-banking remains a challenge requiring focused outreach from banks.

Uploaded by

Mahira
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Conclusion

Electronic banking has opened up the opportunities to the financial services and existing banks.
E-banking is becoming a crucial part of corporate strategy and a wonderful economic growth
booster. Bangladesh as a third-world developing nation, has a long way to go before it can catch
up to the norm in the global financial system. Digital financial inclusion promotes economic
growth, and integrated digital financial inclusion by banks is not just a tool for achieving the
sustainable development growth but it also requires careful implementation for the bank's own
financial stability. As a result, the government, policymakers, standard-setters, and regulatory
organizations may view digital financial inclusion as a revolutionary force that might result in a
massive change of Bangladesh's entire financial system. However, the majority of people in
Bangladesh in rural area do not trust electronic banking services. So, the bank should take the
appropriate action, in order to build trust and promote literacy at the local level.

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