Topic of Presentation

MOBILE BANKING IN BANGLADESH

 AIM

The aim of our presentation is to tell you the present

situation of mobile banking in Bangladesh
 Sequence of our presentation
• What is mobile banking?

• The history of mobile banking.

• History of Mobile Banking in Bangladesh.

• How does Mobile Banking works?

• Advantage & Disadvantage.

 Sequence of our presentation
• Mobile Banking and Economic Development.

• Finding

• Recommendation

• Conclusion
WHAT IS MOBILE BANKING?
Mobile banking is a term used for performing different task through a mobile
device such as a mobile phone or Personal Digital Assistant (PDA).
THE HISTORY OF MOBILE BANKING
• London in 1967.

• At first there was only SMS

• The first cash point machine in London in 1967.

• Internet banking in the mid 1990s.

• Founder of Mobile Banking is “Pay box”

• “Mobi Pago” to “Mobi Pay”

 History of Mobile Banking in Bangladesh

Recent developments have dramatically altered the banking landscape and

transformed the relationships between banks and their customers.

 Dutch-Bangla Bank Limited (DBBL)

 BRAC Bank Limited
 MOBILE BANKING SERVICES
 Account Information

Payment, Deposits, Withdrawals & Transfers

Investments

Support

Content Services
How does Mobile Banking works
Mobile Banking and Economic Development

Use of Mobile Phones as Electronic Wallet

Mobile Banking and Microfinance

Challenge
 Advantage & Disadvantage of M-Banking
Advantage
• Mobile as a technology provides
all the support required to
leverage Banking transactions.
• Mobile as a technology provides
all the support required to
leverage Banking transactions.
• Rapid growth of Mobile and
wireless market.
Disadvantage
• Lack of awareness about the
new channel among the mobile
users.
• Lack of awareness about the
new channel among the mobile
users.
• Mobile Handset Operability.
• Application distribution
 Findings
• Most of the rural area people are the potential customer of mobile
banking.
• Mobile banking is not available on every device. Some banks do not
provide mobile banking at all.
• Mobile banking is not available on every device. Some banks do not
provide mobile banking at all.
• Some village people do not trust mobile banking as traditional
banking system.
• Most people heard about it but not have a clear idea.
 Recommendation
• Government must have to take adequate measures to ensure the
uninterrupted supply of raw materials for M-Banking.
• To reduced M-Banking limitation all banks should provide this
opportunity.
• Government should easier the process to lunch mobile banking service.
• User guide should be provided to all intended customers.
• Banks should use all mobile service operators available in Bangladesh.
• More services should be included in M- banking.
 Conclusion
• More than three billion mobile phones are currently in operation
worldwide and fully 70% of the total population of developing
countries fall within the coverage of existing cellular networks.
• As 99 percent of the people of Bangladesh are under the mobile
phone network, almost all will have access to the formal financial
channel.
• More than 7.5 crore people are using mobile phones. If the banks can
reach out to the un- banked people, the dream of more people
having bank accounts can be fulfilled.
 sources
www.google.com
www.answer.com
www.bkash.com
www.dbbl.com.bd
The Daily star-Friday, July 22, 2011
http://www.thedailystar.net/newDesign/news-details.php?nid=195176
Dutch bangle bank ltd Mobile banking
http://www.dutchbanglabank.com/electronic_banking/mobile_bankin g.html BRAC
Bank mobile bank news.
Benamati, J. S., & Serva, M. A. (2007). Trust and distrust in online banking: Their role
in developing countries. Information Technology for Development, 13(2), 161-175.