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Bangladesh had 132m mobile subscribers at the end of April 2016.1
This is a mobile density of approximately 78%
Bangladesh launched biometric SIM card registration, linked with the national identity card database of the Election Commission. Subscribers verify their identity with a fingerprint and will be allowed to register a maximum of 20 mobile SIM cards against their national identity card.2
MNOs are not allowed to participate in DFS as lDFS icensees, although Grameenphone has limited DFS-type services such as bill pay.
BKash (BRAC Bank Limited)
DBBL Mobile Banking (Dutch-Bangla Bank Limited)
mCash (Islami Bank Bangladesh Limited)
MYCash (Mercantile Bank Limited)
UCash (United Commercial Bank Limited)
IFIC Mobile Banking (IFIC Bank Limited)
Trust Bank Mobile Money (Trust Bank Limited)
OK banking (ONE Bank Limited)
FSIBL FirstPay SureCash (First Security Islami Bank Limited)
Hello (Bank Asia Limited)
Sure Cash (Sure Cash)
 CIA (2017) Bangladesh, available https://www.cia.gov/library/publications/the-world-factbook/geos/bg.html
 Mondato (2016) Regional: Promoting Remittance for Development Finance
Communications: Bangladesh Telecommunications Regulatory Commission (BTRC)
The BTRC was founded in 2001 by the Bangladesh Telecommunications Act and is designed as the primary regulatory body over the Bangladesh Telecom system.
They offer the licenses and permits for businesses looking to enter the field and publish and update the guidelines that allow someone to maintain the license.
AML: Bangladesh Financial Intelligence Unit
The Bangladesh Financial Intelligence Unit (BFIU) is part of Bangladesh Bank.
IEB Bhaban (5th, 6th, 7th floor)
Ramna, Dhaka, Bangladesh
+880 2 9611111
Central Bank: Bangladesh Bank
The Bangladesh Bank functions as the main monetary regulator in Bangladesh and is responsible for managing international reserves of Bangladeshi currency.
Recently, the bank has worked on expanding to many more rural areas outside of Dhaka and now has 10 offices in the aim of improving financial penetration.
Competition: Bangladesh Competition Commission
The Bangladesh Competition Commission (BCC) was founded and chartered in mid-2016
Their overall goal will be to protect consumers from unfair practices and to ensure that companies follow fair practice laws.
DFS Model Type2