2,86,000 school students have opened bank accounts under school banking procedures and Tk 304 crore have been deposited in these accounts, says the Governor 

File photo of Bangladesh Bank Governor Dr Atiur Rahman  

Bangladesh Bank Governor Dr Atiur Rahman yesterday said the central bank would issue a circular within few days so that street children can open bank account with Tk 10 to save their income.   

He said this while addressing the School Banking Conference as chief guest, at Bangladesh Bank Colony High School playground in Agrabad at Chittagong.

“Although Habib Bank was the first to introduce school banking in the country in the sixties [1960s], but school banking was still very rare,” he said.

Atiur said he took initiatives for developing school banking after taking office. “We introduced a policy for school banking last year, where young people between 6-18 years can open account starting from Tk 100 and use the opportunity to save their money for education, stipend money and so on.”

From November 2, 2010 till December 31, 2013, some 2,86,000 school students have opened bank accounts under school banking procedures and Tk 304 crore have been deposited in these accounts.