Metropolis Desk-
The largest digital services provider in Bangladesh, Pathao, has applied for a license to operate a digital bank and offer banking services through its proposed Pathao Digital Bank.
The action is being taken as prominent lenders in the nation express interest in launching digital banks.
Pathao Digital Bank wants to improve the lives of its 500,000 drivers, delivery people, and SME business owners while reshaping banking in Bangladesh.
The bank is looking for investors with a minimum invested amount of Tk 50 lakh and a minimum paid-up capital of Tk 125 crore.
August 17 marked the end of the application period for the digital bank.
