Banking sector to be digitalised in 5yr: Palak

State minister for information and communication technology Zunaid Ahmed Palak. Photo: UNB
State minister for information and communication technology Zunaid Ahmed Palak. Photo: UNB

Bangladesh’s banking sector will be digitalised within the next five years, said state minister for information and communication technology Zunaid Ahmed Palak on Friday.

“All financial institutions will be brought under Digital Interoperable and Digital Transaction,” he said, reports news agency UNB, quoting a PID handout.

He was addresseing at Millennium’s ‘Tahkik’ audit system inauguration programme at a city hotel.

Bangladesh Bankers Association chairman Ali Reza Iftekhar, Millennium chairman Niaz Ahmed and Islamic Banks Consultative Forum (IBCF) vice chairman AKM Nurul Fazal Bulbul, among others, spoke at the programme.