Market Digest

Banks to collect account fee once a year: BB

Staff Correspondent

12 April, 2021 12:00 AM printer

Bangladesh Bank has directed all banks to collect the account maintenance fee once a year from small depositor in 2021 amid corona virus pandemic.

According to existing regulation, the banks collect the account maintenance fee twice a year from a depositor.

“With a vow to increase deposit in banking sector and to inspire depositor to go banks, the central bank redefined the account maintenance fee for the accounts with savings worth of Tk 1 million,” read the letter signed by BB General Manger Nazrul Islam.