Table 1 Policy initiatives regarding... | Emerald Publishing

Table 1

Policy initiatives regarding financial inclusion (2018)

Policy	Performance
No-frill account (NFAs)	The number of farmers' accounts reached 9.32 million by June 2018 The total number of NFA accounts has reached 17.88 million The total balance of all NFAs has reached 16.09 billion
School banking	The total number of accounts reached 1,539,836 The total balance of these accounts is 14.19 billion
Banking for workers/street children (BDT. 10 special accounts)	The total account reached 4,684 Banks run this project by collaborating with NGOs The total balance reached 3.39 million
Agent banking	17 banks are currently operating agent banking Between 2017 and 2018, total agent banking outlets have reached from 3,224 to 5,351 Total balances of the accounts have increased to 20.12 billion from 6.51 billion in the same time frame
Bangladesh Bank refinance scheme for BDT. 10 account	Bangladesh Bank introduced a fund of BDT. 2.0 billion Till June 2018, 959.5 million BDT has been disbursed
Small and medium-sized enterprise development (SMEDP-2)	Particularly applicable for entrepreneurs residing outside of Dhaka and Chittagong metropolitan areas Till June 2018, BDT. 1.60 billion has been disbursed
Financial literacy	BB has created two TV advertisements and ten radio commercials. BB is also collaborating with the Ministry of Education to accelerate the financial literacy program for children in elementary and secondary schools. In order to improve financial literacy among the general public, the Bank of Bangladesh has instructed commercial banks to put slogans, graphics and symbols on financial literacy on ATM booths, billboards, opposite sides of checkbooks, deposit slips and other bank publications

Policy	Performance
No-frill account (NFAs)	The number of farmers' accounts reached 9.32 million by June 2018 The total number of NFA accounts has reached 17.88 million The total balance of all NFAs has reached 16.09 billion
School banking	The total number of accounts reached 1,539,836 The total balance of these accounts is 14.19 billion
Banking for workers/street children (BDT. 10 special accounts)	The total account reached 4,684 Banks run this project by collaborating with NGOs The total balance reached 3.39 million
Agent banking	17 banks are currently operating agent banking Between 2017 and 2018, total agent banking outlets have reached from 3,224 to 5,351 Total balances of the accounts have increased to 20.12 billion from 6.51 billion in the same time frame
Bangladesh Bank refinance scheme for BDT. 10 account	Bangladesh Bank introduced a fund of BDT. 2.0 billion Till June 2018, 959.5 million BDT has been disbursed
Small and medium-sized enterprise development (SMEDP-2)	Particularly applicable for entrepreneurs residing outside of Dhaka and Chittagong metropolitan areas Till June 2018, BDT. 1.60 billion has been disbursed
Financial literacy	BB has created two TV advertisements and ten radio commercials. BB is also collaborating with the Ministry of Education to accelerate the financial literacy program for children in elementary and secondary schools. In order to improve financial literacy among the general public, the Bank of Bangladesh has instructed commercial banks to put slogans, graphics and symbols on financial literacy on ATM booths, billboards, opposite sides of checkbooks, deposit slips and other bank publications

Source(s): Bangladesh bank annual report 2008