SCHOOL BANKING IN BANGLADESH: A COMPARATIVE STUDY IN TERMS OF CATEGORIES OF BANKS

Abstract

The financial inclusion is the processed of including all classes of people in the financial system of a country, so that school banking activities is a most effective tool for including all school going children in urban and rural area under financial system or banking system. The main objective of this paper is an attempt to evaluate the comparative position of four banking groups on the performance of school banking activities in Bangladesh alongside the main objective to know the current status of school banking activities in the banking sector in Bangladesh. This study will based on secondary data, which has been collected from the annual reports of the Bangladesh Bank during the 2011-2017 for 7 years and the total number of school bank accounts and total amount of balance in school banking accounts are taken as variables of the study. The data are analyzed using descriptive Statistics, ANOVA Test and the Test of Homogeneity of Variances using SPSS. It is observe that there is significant difference among the performances of four categories of banks on the total number of school bank accounts and total amount of balance in school banking accounts and also there is no Homogeneity of Variances of the total number of school bank accounts and total amount of balance in school banking accounts among all the banking categories. The PCB’s and SCB’s has maintain high growth rate and DFI’s and FCB’s main low growth rate in the total number of school bank accounts and total amount of balance in school banking accounts, the FCB’s maintain very low growth rate. How does the banking categories perform and their differences among the performance of school banking activities and put the suggestions and recommendation based on the finding is the implication of the study