News — ChangeLab

ChangeLab Enhances Global Footprint with Strategic Expansion into Bangladesh

🚀 ChangeLab Expands Global Presence with Successful Business Trip to Bangladesh 🚀

Our team recently embarked on a strategic business trip to Bangladesh, marking a significant milestone in our global presence.

By demonstrating a commitment to understanding the local market dynamics and aligning with our partners’ needs, we strengthened our reputation as a reliable collaborator.

Alongside nurturing existing partnerships, our team also proactively met with potential partner-banks to explore new business opportunities and expand our local network.

By showcasing our innovative solutions and strategic approach to business development, ChangeLab successfully set the stage for forthcoming cooperation that promises mutual benefits and growth.

This is the conclusion our team reached after the business trip to Bangladesh:

1. Bangladesh's economy is undergoing robust development, fostering a surge in both import and export activities. Consequently, financial institutions are actively exploring avenues for facilitating trade finance.

2. The Central Bank has articulated a strategic vision aimed at fostering more resilient financial settlements with China, leveraging the national currencies.

3. Towards the end of March, the Central Bank issued a new circular aimed at simplifying processes related to international interbank cooperation.

4. Banks in Bangladesh boast a comprehensive and sophisticated infrastructure tailored for transactional operations, while also vigorously expanding into the realm of Islamic banking.