As many as 10 private banks have taken the initiative to form a consortium in wanting to launch a digital bank. The proposed digital bank will be named Digi10 Bank PLC. The City Bank was the first to publish the news of the approval of the consortium by its board on the Dhaka Stock Exchange website on Wednesday. It has decided to invest Tk 138.8 million in the digital bank. Syed Mahbubur Rahman, managing director of Mutual Trust Bank, told http://bdnews24.com on Wednesday that the bank decided to invest in the proposed digital bank.

Source: bd News24 August 09, 2023 20:44 UTC