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2020 | 9 | nr 1 | 31--56
Tytuł artykułu

Innovation in Financial Services: the Case of Bangladesh

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The financial services industry of Bangladesh has achieved phenomenal success and advancing day by day for the growth of technology. Bangladesh has long been considered a role model for financial inclusion, first with the emergence of proliferation and prominence of microfinance institutions, especially in rural areas. This paper examines the financial services innovation in Bangladesh by presenting the changes in the industry over the years. The paper also analyses the comparative picture of Bangladesh's financial inclusion and world financial inclusion. This study is a descriptive study where quantitative data has been collected from secondary sources. The study reflects a very positive picture of financial innovation in Bangladesh. We expect that the study can be used by concerned business people in decision making for the better implication of financial innovation. (original abstract)
Rocznik
Tom
9
Numer
Strony
31--56
Opis fizyczny
Twórcy
  • East West University, Dhaka, Bangladesh
  • East West University, Dhaka, Bangladesh
  • East West University, Dhaka, Bangladesh
autor
  • East West University, Dhaka, Bangladesh
Bibliografia
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  • Armendáriz, B., & Morduch, J. (2005). The economics of microfinances. London: MIT Press Direct.
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  • Bangladesh Bank (2020). Mobile Financial Services (MFS) comparative summary statement of February, 2020 and March, 2020, https://www.bb.org.bd/fnansys/paymentsys/ mfsdata.php (accessed: 15.03.2020).
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  • Frame, W.S., & White, L.J. (2004). Empirical studies of financial innovation: lots of talk, little action? Journal of Economic Literature, 42(1), 116-144.
  • InterResearch (2017). Financial market and agent banking: Bangladesh context (InterResearch Working Paper). Dhaka: InterResearch.
  • Khalil, M.I., Ahmad, I., & Khan, M.D.H. (2017). Internet Banking: Development and Prospects in Bangladesh. CiteSeerX, 1-18.
  • Khan, R. (2014). Mobile Banking: An Innovative Way to Improve Banking Performance. International Journal of Scientific & Engineering Research, 5(12), 2229-5518.
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  • Miller, M.H. (1992). Financial innovation: achievements and prospects. Journal of Applied Corporate Finance, 4(2), 4-11. https://dx.doi.org/10.111/j.1745-6622.1992.tb00213.x.
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  • Sadiku, M.N.O., Tembely, M., Musa, S.M., & Momoh, O.D. (2017). Mobile Banking. International Journals of Advanced Research in Computer Science and Software Engineering, 7(6), 75-76. https://dx.doi.org/10.23956/ijarcsse/V7I6/01615.
  • Siddik, M.N.A., Sun, G., Yanjuan, C.U.I., & Kabiraj, S. (2014). Financial inclusion through mobile banking: a case of Bangladesh. Journal of Applied Finance and Banking, 4(6), 109-136.
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  • Sultana, B., & Khan, M.R. (2017). Are mobile financial services promoting financial inclusion in Bangladesh? An assessment study (No. id: 11914).
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  • Verghese, S.K. (1990). Financial innovation and lessons for India. Economic and Political weekly, 25(5), 265-272.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171597373

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