Md. Shams-Ul Islam

Ahamad Parvej Khan
In order to bring unbanked and under-banked people under the banking services, Agrani Bank Limited (ABL) has introduced ‘Agent Banking’, the first-ever among the state-owned banks.
By setting up 200 agent banking booths across the country, we are bringing greater number of rural unbanked and under-banked population under the banking facilities.
“We have a plan to expand our agent banking network in the coming years. Agrani Bank, following the guidelines of the Bangladesh Bank, has taken all-out initiatives to open ‘No frill Accounts’ for the farmers, freedom fighters, government allowance–taking men and women, garments workers, physically challenged people, street people, natural disaster victims of rural population by simplifying the KYC,” he added.
The bank has already opened 10-Tk accounts for more than 15 lakh farmers. ABL is working in line with the government’s vision of making the economy more inclusive which is the demand of time. The bank has been providing banking services in 32 projects under the social safety net programs of the government, at a cost of total Tk 4,000 crore approximately every year without taking any service charge.
As a part of employment generation, Agrani Bank has recruited some 8451 officers during the two terms of the present government.
Moreover ABL recruited 951 officers under freedom fighter quota. To create employment opportunities abroad, Agrani Bank has initiated a project called ‘ABL’ to provide loans at a single digit interest rate to those who intends to go abroad in order to earn foreign currency.
Under this project, every person can be financed up to Tk 3 lakh without security.