Banks ordered to open accounts for poor women

Posted by BankInfo on Mon, Nov 19 2012 06:48 am

Bangladesh Bank (BB) Sunday directed all the scheduled banks operating in the country to facilitate bank accounts at Tk 10 each for the extreme poor women who are being supported by the government under Food and Livelihood Security (FLS) scheme.

The only requirement for opening such bank account is possessing the national identity card, reads a circular issued by the central bank last evening.

The central bank said the FLS beneficiaries could enjoy bank accounts without any service charge or any kind of fees once it is opened at any branch of any bank operating in the country.

Banks were asked by the central bank to implement this directive as soon as possible.

News: The Daily Sun/Bangladesh/19-Nov-12

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