Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
The number of women in Bangladesh with bank accounts opened via agent banking far exceeds that of men as the facility offers better accessibility and guidance for various banking services, making it particularly suitable for those living in rural areas.
Sub-branches are the priority for banks now, replacing agent banking in bringing banking services efficiently to people
Bangladesh Bank data finds
Agent banking, which helps bring banking services to unbanked people, continues to gain ground in Bangladesh as the number of accounts, deposit collection and loan disbursement are on the rise.
Bangladesh Bank introduced agent banking in 2013 to promote financial inclusion through alternate banking channels.
Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
The number of women in Bangladesh with bank accounts opened via agent banking far exceeds that of men as the facility offers better accessibility and guidance for various banking services, making it particularly suitable for those living in rural areas.
Sub-branches are the priority for banks now, replacing agent banking in bringing banking services efficiently to people
Bangladesh Bank data finds
Agent banking, which helps bring banking services to unbanked people, continues to gain ground in Bangladesh as the number of accounts, deposit collection and loan disbursement are on the rise.
Bangladesh Bank introduced agent banking in 2013 to promote financial inclusion through alternate banking channels.