Mobile counters to be set for students to collect savings

Bangladesh Bank asked all the banks to set up mobile counter in the educational institutions at least once a month to collect savings from the students.

Banks will take initiative to set up mobile counter on educational institution premises where the students will deposit their savings, said a circular Bangladesh Bank issued yesterday.

Banks will set an annual target of opening school banking accounts and a table of defined target will be sent to the central bank by December of next year.

All the branches of schedule banks will arrange a financial education programme at least once a year in educational institutions situated in their working area, said the circular.  

Banks will accelerate their financial activities among the students by providing mobile financial facilities, according to the circular.