PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608717

Primary Business Area

Financial Institutions Group

Disclosure Date

Dec 18, 2024

Country

Bangladesh

Region

South Asia

IFC Approval Date

Mar 3, 2024

Status

Active

Estimated Total Budget

$500,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Dec 19, 2024

Project Estimated Start Date

Mar 1, 2024

Project Estimated End Date

Aug 31, 2026

Client Legal Name

BANGLADESH BANK

Project Description

The broad objective of the project is to develop a conducive environment for potential neo/digital banks by addressing digital payment adoption hurdles. The project will carry out activities under the following components. Component 1: Review of Merchant Onboarding Requirements in Financial Institutions Component 2: Cost of Cash Study Component 3: Review of Payment Pricing Component 4: Regulatory Capacity Building and Market Awareness

Development Results

E&S Risks / Impacts and Mitigation