Dhaka, April 9 -- As Bangladesh prepares for a more digital financial future, banks are seeking regulatory changes to expand agent banking networks and reduce reliance on traditional brick-and-mortar infrastructure.

To achieve this, the Association of Bankers Bangladesh (ABB) on Thursday has proposed following the model of mobile financial services (MFS).

The proposal was placed during a meeting with Bangladesh Bank Governor Mostaqur Rahman.

The banks are required to obtain central bank approval and board clearance to appoint agents at the moment, often restricted to areas without physical branches.

In contrast, MFS providers can appoint agents anywhere based on demand without specific distance limits.

"We have asked for a level play...