Vice Chairman of APRACA
Deputy Governor of Bangladesh Bank
This is my opportunity and privilege to convey a message expressing my gratitude and appreciation to the member institutions of General Assembly of APRACA for electing Bangladesh Bank as the vice-chairman for the next biennial 2012-2014.
This is my opportunity and privilege to convey a message expressing my gratitude and appreciation to the member institutions of General Assembly of APRACA for electing Bangladesh Bank as the vice-chairman for the next biennial 2012-2014. We are really proud to be a member of APRACA, a unique organization fostering the rural growth and development giving priority to the poor people. This forum is also an appropriate avenue providing opportunity for mutual learning & sharing knowledge and experience.
Bangladesh Bank is working continually to develop as a forwardlooking central bank with competent and committed professionals of high ethical standards, conducting monetary management and financial sector supervision to maintain price stability and financial system robustness, supporting rapid broad based inclusive economic growth, employment generation and poverty eradication in Bangladesh. We are different from many other central banks of the world specially working on supervision and monitoring of agricultural credit and financial inclusion of the country. Bangladesh is a land of agriculture more than 70% people residing in the rural area and has a challenge to outreach them with agricultural necessities and financial services. We have been persuading our state owned commercial banks to open more 10 taka farmers’ account to bring financially excluded people under financial services. Already 10 million farmers’ account has been opened and many other financial services such as credit, deposit, remittance and transactions of Government subsidies are rendering through these accounts. Thus we are making a journey towards financial deepening. We have the pleasure to announce that according to GLOBAL FINDEX survey about 40% of our total adult is under the country’s broad based financial inclusion which stands second in the South Asian countries.