Strengthen school banking to create savings habit, say bankers

Bankers have stressed on strengthening of the school banking system to inspire school students in creating savings habit to ultimately help them in ensuring financial security in future.

They said this at a post-rally school banking conference in Lalmonirhat recently, reports BSS.

Rupali Bank Limited (RBL) organised the post-rally School Banking Conference-2019 at the Zila Parishad auditorium at the district town.

Earlier, a big colourful rally was brought out in the town.

Hundreds of school students and officials of all commercial banks of Lalmonirhat district paraded the streets and gathered at Zila Parishad auditorium to participate in the conference.

Deputy Commissioner of Lalmonirhat Mohammad Shafiul Arif attended the conference as the chief guest with Rangpur Zonal Manager and Deputy General Manager of RBL Md. Shariful Islam in the chair.

Joint Director of Rangpur Branch of Bangladesh Bank Md. Lutfar Rahman and freedom fighter SM Shafikul Islam Kanu were also present as special guests.

The main objective of the conference was to properly run school banking activities, opening bank accounts at Tk 10 for each student for their involvement with banking activities and enhancing financial education since childhood.

A number of participating school students appreciated the initiative of launching the school banking system for them under the financial inclusion programme of Bangladesh Bank by the government.

Md. Lutfar Rahman said every branch of scheduled banks would conduct financial education programmes in educational institutions within its working area once a year under supervision of their head offices as per decision taken by Bangladesh Bank.

Shafiul Arif said School Banking System is one of the vital initiatives taken under the financial inclusion programme of Bangladesh Bank and school students can open bank accounts easily at Tk 10 to make financial transactions.

"Education always makes life enlightened and meaningful and youngsters should acquire knowledge, good human qualities and virtues from student life side by side with having understanding on financial activities," he added.