Acceptance of New Standards for Financial Inclusion by Financial Service Providers in Bangladesh

Abstract

This study looked at the readiness of investors to raise the post-COVID 19 year, using access to financial services as a consideration of their customer’s financial expectations in the future. Standard of living in the financial expectations of their customer. A random sampling modeling method and a survey-based research method were also used in this study. A sample of the research methodology was also used in this study. A total of 110 respondents from the insurance, financial, and banking and non -banking sectors in Bangladesh participated in the survey and provided responses. Hypotheses were tested using descriptive and inferential data, with a threshold of significance of 5 percent considered significant. There has been a significant link between Bangladesh’s socio-economic progress and the adoption of financial intermediation as a new norm in financial transactions, according to the findings. Public finance agencies and individuals are encouraged to create a conducive environment in developing financial technology as a driver of investment in Bangladesh’s rapid growth, it is expected.