Compliance of AML and CFT and effect on financial stability: case study of bKash limited.

Abstract

This internship report will analyze the financial performance analysis and AML/CFT regulatory structure of bKash Limited, which is considered the largest Mobile Financial Service (MFS) in Bangladesh.

In the study, a balance between the financial statement analysis and compliance-based analysis is a combination used in order to comprehend the way regulatory strengthening achieves the organizational performance. The analysis will be based on ratio analysis, horizontal, vertical, trend, DuPont and value-based performance (EVA) models by using secondary data of audited financial statements (2020-2025), publications of the Bangladesh Bank, and publicly available disclosures. Moreover, a correlation model is utilized to determine the connection between the financial performance ratings (revenue and profit) and a proxy AML/CFT Compliance Indicator, indicating regulatory changes throughout the years.

The results verify that higher compliance practices are accompanying operational stability and high profitability levels, which substantiate the strategic significance of regulatory compliance in maintaining the growth level in the digital financial services industry.