The expansion of financial inclusion in Bangladesh: a study on ONE Bank Limited

Abstract

Banking sector, one of the fastest growing sector in Bangladesh, plays incredibly significant and major role in the country’s economy. Sound and effective financial practices are very much required to accomplish the improvement and financial growth. OBL has put utmost attention in financial inclusion and various financial measures have been taken to make this agenda successful. This report titled “The Expansion of Financial Inclusion in Bangladesh: A Study on ONE Bank Limited” portrays the importance of financial inclusion and ONE Bank’s initiatives regarding this agenda. This also reflects the challenges and future prospects of financial inclusion in Bangladesh. Financial inclusion aims to help people secure financial products and services at economical prices such as deposits, loans, fund transfer services, payment services etc. A large number of unbanked populations can contribute to the country’s economy if they get the opportunity to use financial services properly. OBL’s inclusion strategies and initiatives are currently making strong impacts on many peoples’ socio-economic wellbeing.