BB to introduce banking for street children

Posted by BankInfo on Thu, May 29 2014 11:24 am

After introducing various types of banking services for farmers, sharecroppers and some other underprivileged people, Bangladesh Bank (BB) is now set for bringing street children under institutional financial support, reports BSS. Governor Dr Atiur Rahman will inaugurate the new horizon of banking services on May 31, Saturday, which would help children develop their savings habits and eventually help them step forward towards better future.
Earlier on March 10 this year, the central bank in a circular asked all banks to allow street children and child workers open bank accounts by taking a deposit of Taka 10 only, which is similar to the accounts of farmers and others who cannot afford normal banking services.
Following the directive, 10 banks so far teamed up with the non-government organisation Save the Children for offering the services.

News:The Independent/29-May-2014
Posted in Banking, News

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