Money for nothing

27 01 2013

That has many questioning the role of the banks, and it surprised us that our commercial banks are actually responsible for creating 97 per cent of money. The way they do that, they create money into existence with a few taps on a keyboard.

Full story: AlJazeera.com

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Islami Bank Bangladesh Limited to launch ‘Islami Bank mCash’ with Robi

3 09 2012

Islami Bank Bangladesh Limited is going to launch mobile banking service ‘Islami Bank mCash’.

What is Islami Bank mCash (detailed info)? mCash is likely to add a new dimension to Islami Bank’s service. mCash clients can enjoy banking facility any time and from any place. It facilitates to money deposit, cash withdrawal, fund transfer to other accounts and remit money from overseas to mobile accounts in shortest time. Besides it accommodates mobile top-up, commodity buying and selling and salary/wage transfer facility. The service will be available in any operator’s mobile phone. Account opening is free of cost with a primary balance of 20 taka only. The client himself/herself can accomplish all the operations except cash transaction.

Full story: Islami Bank Bangladesh Limited

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Bangladesh Banks

17 09 2009

Central Bank of Bangladesh

Dutch-Bangla Bank – Mobile Banking in partnership with Airtel

Islami Bank– Mobile Banking in partnership with Robi

BRAC Bank – via bKash provide Mobile Banking in partnership with Robi

AB Bank