Electronic banking in Bangladesh: An analysis of present scenario, prospects and problems
Md. Mahbubur Rahaman
Banking industry of has developed to a large extent than before. It has established an excellent image in its different activities including electronic banking. Now contemporary banking services have launched by several foreign, local private commercial banks as well as nationalized banks. Electronic banking is one of the important additions in banking sector, especially in Bangladesh. This paper tried to reveal the present status of electronic banking in Bangladesh. The study found poor technological infrastructure is the main obstacle for internet banking. Banks are still unwilling to use full internet base banking activities. Nationalized commercial banks are far behind Compared to private and foreign banks in implementing internet banking system in banking transactions. The Government should give emphasis on internet banking services by developing the technological infrastructure of Bangladesh, especially at the rural areas.