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ABB hosts digital transformation summit for banks

FE REPORT | Wednesday, 24 May 2023



The Association of Bankers, Bangladesh Limited (ABB) is hosting a two-day-long digital transformation summit for banks in Dhaka from today (Wednesday).
The conference titled 'Banking on Digital Transformation' aims to shed light on the key trends propelling the growth of digital financial services in Bangladesh. By analysing the strategies, banks can adopt to navigate the swift digital transformation.
The conference aims to provide valuable insights into the industry, said a press release.
The platform of the country's banking sector top executives said the two-day long event will bring together 150 participants from Bangladesh's 46 commercial banks, aiming to explore the digital transformation journey of the banking industry in the country.
Moreover, it will delve into the existing policy and regulatory frameworks that impact the financial services sector, it said.
Commenting on the conference, ABB chairman Selim R F Hussain expressed his enthusiasm, stating that ABB's digital transformation summit will provide valuable insights into the key trends driving the growth of digital financial services in Bangladesh. It will analyse the strategies banks may adopt to navigate the rapid digital transformation and will explore the existing policy and regulatory frameworks that impact the financial services industry.
Additionally, the summit will offer recommendations to industry players, ecosystem enablers, and policymakers on the way forward, the ABB chairman said.

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