Mamun Rashid

Despite a lot of loud discussions regarding financial inclusion, a large number of people in Bangladesh are far from being granted access to basic financial services, making financial inclusion development an essential project in the country.

As Bangladesh has covered considerable ground into achieving the coveted middle-income country status, a robust insurance sector will be vital in consolidating the growth story.

A few weeks back, I attended a financial sector specialist meet at New York. Apart from rapid technology transformation issues, a major discussion took place about transitioning from LIBOR to a new order, popularly termed as IBOR or Inter-bank Offered Rate, to shift the power from traders to finance or independent units for rate fixation.

Aadhaar is a one-time identity card issued by the Unique Identification Authority of India (UIDAI) free of cost for all residents of India, making it the world’s largest biometric identification programme.

It is being discussed in the corridors that the accounting or finance profession is going to be most impacted in the era of artificial intelligence and machine learning. We also know that the global job markets are likely to take a 360 degree shift with the advent of data driven economy.

Today, much of the developed world’s central banks are built after the “Bundesbank model.”

Banking as a sector has always been an attractive target of fraud and embezzlement due to the abundance of cash resources it