Technology Driven Banking in Bangladesh: Present Status, Future Prospects and Challenges

Technology Driven Banking in Bangladesh: Present Status, Future Prospects and Challenges

Published Jan 2012

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The paper tries to identify the common technology driven banking services provided by the banks in Bangladesh; their present condition, future prospects and challenges. Out of 47 schedule banks, 38 banks are selected for this study. It is found that the Foreign Commercial Banks and a few Private Commercial Banks are playing a significant role in providing technology driven banking services. Though technology driven banking is at present facing some challenges, it shows promise for the future. Without this type of banking it will not be possible for the Bangladeshi banks' to survive in a competitive global business environment.

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