BB nods Digital Bank guideline

The board of Bangladesh Bank (BB) has approved the guideline of 'Digital Bank' keeping provision for paid-up capital at Tk 125 crore.

Md Abul Bashar, BB Executive Director and spokesperson, confirmed about the approval.

The guideline says that the licence of the Digital Bank will be given under the Banking Company Act 1991.

 According to the approved guideline, the payment service will be operated under the Bangladesh Payment and Settlement System Regulations, 2014.