2025-05-08
Added · Updated
The document mandates that scheduled banks operating in Bangladesh must ensure at least 50% of newly appointed agent banking operators are women, effective from the date of the circular. This requirement is issued under the authority of Section 45 of the Bank Company Act, 1991, to enhance women's economic participation and financial inclusion in rural areas.
Get BB alerts — same-day email on every new publication.
Bangladesh Bank
Chief Controller
Motijheel, Dhaka-1000, Banking Regulation and Policy Department Bangladesh.
Ref No: BRPD Circular Letter No. 10
To
Managing Directors / Chief Executive Officers
All Scheduled Banks operating in Bangladesh.
Dear Sir,
Subject: Women’s participation in Agent Banking Operation.
In order to ensure the smooth operation of the existing agent banking program for the promotion of financial inclusion, a comprehensive policy (Comprehensive Guidelines for Agent Banking) was issued through BRPD Circular No. 14, dated 18 September 2017.
Over time, the demand and importance of agent banking have increased significantly, and it has become easier and more accessible for customers to avail agent banking services. In the socio-economic context of Bangladesh, while the participation of women customers has been notable due to the introduction of agent banking facilities in rural areas, the number of women agents remains very limited so far. It is necessary to build a women-friendly banking system to enhance women's capacity in financial transactions and increase women's economic participation.
With this objective, this circular is issued to ensure greater participation of women entrepreneurs in agent banking operations. From the date of issuance of this circular, banks must ensure that at least 50% of newly appointed agents are women.
These instructions are issued under the powers conferred by Section 45 of the Bank Company Act, 1991.
Yours faithfully,
(Mohammad Shahriar Siddique)
Director (BRPD)
Phone: 9530252
Date: 08 May 2025
25 Baisakh 1432
Read the rest free
Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BB
We email you every new BB publication the day it's published.