Welcome

To Our Presentation

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Grope Name: No Risk No Gain

Name ID ProgramMd Mozammal Haque

12102471 BBA

Md Mozammel Hoque

12102428 BBA

Mohammed Asif Ikbal

14102485 BBA

Abu Rahain BBAUmme Habiba Rinty

13302216 BBA

Sumyea Islam Zinia 13202060 BBA

TOPIC NAME

MOBILE BANKING IN BANGLADESH

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The aim of our presentation is to tell you the present situation of mobile banking in Bangladesh

AIM

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Sequence of our presentation

1. What is mobile banking?

2. The history of mobile banking.

3.Mobile banking conceptual model

4. History of Mobile Banking in Bangladesh.

5. How does Mobile Banking works?

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6. Present condition of Mobile Banking.

7. Advantage & Disadvantage.

8. Mobile Banking and Economic Development.

9. Comparison between neighboring Countries.

Sequence of our presentationContinue…

6. Methodology of The Study

7. Finding

8. Recommendation

9. Conclusion

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Continue…

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WHAT IS MOBILE BANKING?

Mobile banking is a term used for performing different task through a mobile device such as a mobile phone or Personal Digital Assistant (PDA).

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THE HISTORY OF MOBILE BANKING

•London, in 1967.•At first there was only SMS •The first cash point machine in London, in 1967• Internet banking in the mid 1990s

•Founder of Mobile Banking is “Pay box”•“Mobi Pago” to “Mobi Pay”

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Mobile banking conceptual model

In one academic model Mobile banking business models Bank-focused model Bank-led model Non-bank-led model

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History of Mobile Banking in Bangladesh

Recent developments have dramatically altered the banking landscape and transformed the relationships between banks and their customers

Dutch-Bangla Bank Limited (DBBL)BRAC Bank Limited

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Mobile service operators of M-banking

 Name of Banks Mobile service operators

Brack Bank GrameenPhone, Aktel.Dhaka Bank GrameenPhone, Banglalink.Mercantile Bank Limited

GrameenPhone, Citycell, Aktel, TeleTalk.

Dutch-Bangla Bank

GrameenPhone, Citycell, Aktel, Banglalink.

Islami Bank Bangladesh

Grameenphone, Aktel, Banglalink, Warid Telecom, CityCell and TeleTalk

Bangladesh Post Office

Grameenphone, Aktel, Banglalink, Warid Telecom, CityCell and TeleTalk

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UPCOMING MOBILE BANKING IN BANGLADESH

•Trust Bank

•SSL Wireless and

• Islamic Bank Bangladesh Limited

•Mercantile Bank

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MOBILE BANKING SERVICES

1) Account Information:

2) Payment, Deposits, Withdrawals & Transfers:

3) Investments:

4) Support:

5) Content Services:

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How does Mobile Banking works

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Present condition of Mobile Banking

There are around 151.82 million people in Bangladesh according to 2012 of which only 13 percent have bank accounts where as more than 95 percent are mobile phone users.

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Mobile Banking and Economic Development

Use of Mobile Phones as Electronic Wallet Mobile Banking and Microfinance Challenge

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Comparison between neighboring countries

India Nepal Pakistan Myanmar

Bangladeshversus

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Name Operate Mobile Banking

Number of User

Bangladesh 15 126.87 (Million)India 46 150.01 (Million)Pakistan 33 140 (Million)Nepal 19 18.24 (Million)

Myanmar 6 93.49 (Million)

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Advantage Disadvantage

Mobile as a technology provides all the support required to leverage Banking transactions.

Ease of availability- any time, any where.

Rapid growth of Mobile and wireless market.

Lack of awareness about the new channel among the mobile users.

Security concerns about the new channel.

Mobile Handset Operability.

Application distribution

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Findings

Most of the rural area people are the potential customer of mobile banking.

Mobile banking is not available on every device. Some banks do not provide mobile banking at all.

35% of m-banking customer are highly satisfied with present m-banking service.

Some village people do not trust mobile banking as traditional banking system.

Most people heard about it but not have a clear idea

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Recommendation Government must have to take adequate measures to

ensure the uninterrupted supply of raw materials for M-Banking.

To reduced M-Banking limitation all banks should provide this opportunity.

Government should easier the process to lunch mobile banking service.

User guide should be provided to all intended customers. Banks should use all mobile service operators available

in Bangladesh. More services should be included in M- banking.

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Methodology Of The Study

All the data and information which is related to my task was collected from secondary source.

We used Microsoft Word and Microsoft PowerPoint to prepare this presentation.

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Conclusion

More than three billion mobile phones are currently in operation worldwide and fully 70% of the total population of developing countries fall within the coverage of existing cellular networks.

As 99 percent of the people of Bangladesh are under the mobile phone network, almost all will have access to the formal financial channel.

More than 7.5 crore people are using mobile phones. If the banks can reach out to the un-banked people, the dream of more people having bank accounts can be fulfilled.

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source1. www.google.com2. www.answer.com3. www.bkash.com4. www.dbbl.com.bd5. The Daily star-Friday, July 22, 20116. http://www.thedailystar.net/newDesign/news-

details.php?nid=195176 Dutch bangle bank ltd Mobile banking

7. http://www.dutchbanglabank.com/electronic_banking/mobile_banking.html BRAC Bank mobile bank news.

8. Benamati, J. S., & Serva, M. A. (2007). Trust and distrust in online banking: Their role in developing countries. Information Technology for Development, 13(2), 161-175.

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