Dhaka, Aug. 26 -- Banking in Bangladesh is set for a digital leap, as Bangladesh Bank has called for applications to establish the country's first-ever digital banks, promising faster and better accessible financial services.

The application window is open from September 1 to September 30 of 2025 to receive such applications.

The central bank's notice, signed by Md Bayezid Sarkar, General Manager of the Banking Regulation and Policy Department (BRPD), says that the licensing of digital banks comes in response to global shifts in the technology-driven financial sector.

The initiative aims to expand the reach and efficiency of financial services, particularly for small, cottage and medium-sized enterprises (CMSMEs).

The central bank say...