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Dhaka Tribune

School banking for students below 6-year old

Update : 26 Jan 2016, 06:56 PM

Bangladesh Bank has allowed school banking for students below six years old age to expand school banking activities.

From now on, students aged below six years will be able open bank accounts under school banking, said a Bangladesh Bank circular issued yesterday. The number of total school banking account stood at 10 lakh as of September 2015, according to the Bangladesh Bank data.

Total deposits against the school banking account stood at Tk764 crore during this period. Of the total 56 banks, 54 banks are running school banking activities since introducing school banking in 2010. 

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