BB chief spurs children on school banking

Business28

Atiur Rahman, governor of Bangladesh Bank, attends the First School Banking Conference 2013 organised by the bank in Dhaka yesterday. Md Zafar Iqbal, professor at Shahjalal University of Science and Technology, was also present. Photo:Bangladesh Bank

School banking is a step toward financial inclusion and financial literacy goals taken by Bangladesh Bank, as it helps children learn about the banking system, Governor Atiur Rahman said yesterday.
Besides, it encourages children to develop the habit of saving, he said.
Rahman spoke at the First School Banking Conference, organised by the central bank in Dhaka.
Wider financial inclusion and literacy are globally considered twin pillars necessary for eradication of poverty and economic growth, Rahman said.
The BB will also take more steps to spread financial literacy soon, like media campaigns through radio, television and newspapers, Rahman said. The campaign will also have an online section on the bank’s website.
The school banking programme introduces children banking services such as online banking, ATM, debit and credit cards and makes them more aware about money and its management.
Rahman urged other banks and companies to create more such programmes that make children more aware not only about banking, but other such important issues.

Source: The Daily Star

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