Dear Members, Colleagues, and Stakeholders,
It is a pleasure to share the August edition of the FICCI Monthly Bulletin, themed CASHLESS BANGLADESH: EMPOWERING PEOPLE THROUGH DIGITAL FINANCE. Bangladesh's financial landscape is evolving rapidly with the widespread adoption of mobile banking, digital payments, and fintech innovations. The vision of a cashless economy will become a reality, as we reshape as individuals, businesses, and institutions to be future fit to operate in an increasingly digital world.
Digital transactions provide speed, security, and convenience while expanding financial inclusion for previously underserved populations. This is particularly impactful for women, small entrepreneurs, and rural communities who have historically faced limited access to traditional banking. By leveraging mobile money, QR-based payments, and fintech solutions, Bangladesh is bridging gaps and enabling broader participation in economic growth.
A cashless ecosystem also enhances transparency, accountability, and efficiency. It reduces the risks associated with cash handling, strengthens trust in the financial system, and enables the government to deliver social and economic services more effectively. Digital finance is a key driver of entrepreneurship, SME growth, and integration into regional and global value chains.
For foreign investors, a robust digital finance infrastructure signals opportunity, lowering transaction costs and enabling innovation in e-commerce, supply chains, and cross-border trade. Bangladesh's youthful population, rising internet penetration, and government commitment to building a smart nation provide strong momentum for this transformation.
Achieving a cashless society requires close collaboration among regulators, financial institutions, technology providers, and the private sector. Key priorities include cybersecurity, digital literacy, and maintaining a balance between innovation and consumer protection.
At FICCI, we see digital finance not just as modernization but as a pathway to inclusive, sustainable, and resilient growth. A cashless Bangladesh is an empowered Bangladesh, where individuals and enterprises can thrive in a transparent, efficient, and digitally connected economy.
This edition brings together expert analyses, diverse perspectives, and practical insights, alongside stories from member companies highlighting their contributions across sectors. I extend my sincere thanks to all contributors, sponsors, and the FICCI Secretariat for making this publication possible.
Together, let us continue to advocate for thoughtful reforms that drive Bangladesh's long-term prosperity. Thank you for your continued support and commitment to FICCI.
Warm regards,
Zaved Akhtar
President, FICCI
