PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606325

Primary Business Area

Financial Institutions Group

Disclosure Date

Oct 26, 2023

Country

Bangladesh

Region

South Asia

IFC Approval Date

Jun 28, 2021

Status

Active

Estimated Total Budget

$1,012,402.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 2, 2023

Project Estimated Start Date

Jul 1, 2021

Project Estimated End Date

Jun 30, 2025

Client Legal Name

BFIU

Project Description

Through the partnership with BFIU, this project will: 1. Develop a comprehensive eKYC regulatory guideline. 2. Conduct capacity development of BFIU and financial sector in implementation of eKYC. 3. Establish monitoring and supervision tool for BFIU on the eKYC process. 4. Create business cases for private sector financial institutions to invest in their digital infrastructure.

Development Results

E&S Risks / Impacts and Mitigation