Banks, NBFIs asked to launch financial literacy scheme under CSR

Staff Correspondent | Published: 21:34, Mar 08,2018 | Updated: 23:10, Mar 08,2018

 
 

Bangladesh Bank on Thursday asked all scheduled banks and non-bank financial intuitions to launch a training programme on financial literacy for the youth with the aim of implementing sustainable development goals set by the United Nations.
In a circular, the central bank instructed the banks and NBFIs to arrange under their corporate social responsibility programmes training titled ‘financial education for the youth to implement SDG’ for at least two batches in a year.
It also said that the number of beneficiaries of the two batches would be 120 with 50 per cent of them women and the tenure of the training would be one day and the number of sessions would be five.
As per the BB instruction, the banks and NBFIs would have to send letters to the authorities of different universities seeking nomination of students for taking part in the financial literacy programme.
The expenses of the banks and NBFIs in this regard would have to be shown in the sub-sector of social project of the reporting form issued by the BB through another circular, the BB circular said.

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