Bangladesh Bank (BB) has sent a letter to the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
The shareholders are Blue Haven Ventures (USA), Osiris Capital Partners (USA), Zen FinTech (USA), Finclusion Ventures Pte Ltd (Singapore) and Trupay Technologies (USA).
Through the letter on Sunday, BB urged the foreign ministry to collect the information about the five companies through Bangladesh's embassies in Singapore and the USA.
The information includes the registration of the companies, their address or location, business activities, including those of subsidiaries in case these were holding companies, net revenue after tax in the last three years and net assets.
The central bank also sought to verify the ownership structure of the companies, organisational structure during their formation, current ownership and the citizenship status of the owners.
