Version 1
: Received: 19 March 2018 / Approved: 21 March 2018 / Online: 21 March 2018 (03:18:47 CET)
How to cite:
Omar Khayum, H.M.; Tasneem, N. Financial Inclusion in Bangladesh: Policy Recommendations for Modified Unit Banking System. Preprints2018, 2018030183. https://doi.org/10.20944/preprints201803.0183.v1
Omar Khayum, H.M.; Tasneem, N. Financial Inclusion in Bangladesh: Policy Recommendations for Modified Unit Banking System. Preprints 2018, 2018030183. https://doi.org/10.20944/preprints201803.0183.v1
Omar Khayum, H.M.; Tasneem, N. Financial Inclusion in Bangladesh: Policy Recommendations for Modified Unit Banking System. Preprints2018, 2018030183. https://doi.org/10.20944/preprints201803.0183.v1
APA Style
Omar Khayum, H.M., & Tasneem, N. (2018). Financial Inclusion in Bangladesh: Policy Recommendations for Modified Unit Banking System. Preprints. https://doi.org/10.20944/preprints201803.0183.v1
Chicago/Turabian Style
Omar Khayum, H.M. and Noshin Tasneem. 2018 "Financial Inclusion in Bangladesh: Policy Recommendations for Modified Unit Banking System" Preprints. https://doi.org/10.20944/preprints201803.0183.v1
Abstract
The financial inclusion, including all the people with the finance, is very concerned issue all over the world where Bangladesh is also trying to include all the people with the finance. Bangladesh lies in such a group of countries where only 17.6% - 38.6% adults are presently under the reach of the formal financial services. This is because the present banks and other formal financial modes consider the outcome and profitability in a way that, the rural and non-developed areas are always out of the consideration. But these areas consist of the most population of Bangladesh. And only then financial inclusiveness will be successful in Bangladesh when people from these regions will be under formal financial consideration. The paper seeks for a solution to the issue and presents the Unit Banking System as a probable way towards financial inclusion. For implementing the system in Bangladesh, the system needs a slight modification to cope in Bangladeshi economic condition and address the specific needs without hampering the surroundings. Considering all these, the paper shows the status, problems and key points of financial scenario of inclusion in Bangladesh and shows policy for a Modified Unit banking System.
Keywords
financial inclusion; unit banking; banking in Bangladesh; banking policy
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
