Summary
At a market level, there are more than 16 million mobile money subscribers in Bangladesh
today, of which 40% are active accounts; this is above the global average of
30%8. However, there is still much room for growth as only 16% of adults are mobile money
users, and it is here that we believe operators are well positioned to provide leadership, and
that there is therefore a strong case for market liberalization to permit this. For starters,
most operators in the country are already involved in the value chain through partnerships
with banks to facilitate MFS by providing connectivity and distribution. Network scale is a
key asset in reaching the still financially unserved audience but who are mobile subscribers
— indeed, GSMA’s annual global survey of mobile money services has consistently shown
operator-led services to be among the fastest growing.
bangladesh Bank