Provides one stop banking services to facilitate FDI
23 Jul 2023
On 23 July 2023, the Bangladesh Investment Development Authority (BIDA) established a strategic partnership with Brac Bank to provide one stop banking services to foreign investors. This partnership will facilitate foreign investors with an array of services, including opening online bank accounts and temporary bank accounts with Brac Bank through the streamlined One Stop Service (OSS) Platform administered by BIDA.
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Type:
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Treatment and operation (Capital transfer and FOREX)
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Promotion and facilitation (Investment facilitation )
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Industry:
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Services (Financial and insurance activities)
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Sources:
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thedailystar, Prime Bank, Bida sign MoU, https://www.thedailystar.net/business/economy/news/prime-bank-bida-sign-mou-3388956, 08 Aug 2023
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thereport, BRAC Bank joins BIDA to provide One Stop Banking Service to foreign investors, https://www.thereport.live/en/business/brac-bank-joins-bida-to-provide-one-stop-banking-service-to-foreign-investors/23836, 26 Jul 2023
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bangladeshpost, 150 investment services to be provided through OSS of BIDA, https://bangladeshpost.net/posts/150-investment-services-to-be-provided-through-oss-of-bida-116862, 23 Jul 2023
