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🇧🇩 Bangladesh /Economy & Trade

Bangladesh Targets Full Financial Inclusion by 2026

From Daily Star · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Bangladesh aims for 100% financial inclusion for adult citizens by 2026 through its National Financial Inclusion Strategy.
  • The country currently has over 193 million bank accounts, with 64.50% of adults financially included.
  • The finance minister also reported that the National Board of Revenue's target for fiscal year 2025-26 is Tk 5.03 lakh crore, with Tk 3.27 lakh crore collected by April.

Bangladesh is targeting full financial inclusion for all adult citizens by 2026, according to Finance Minister Amir Khosru Mahmud Chowdhury. The government has formulated the National Financial Inclusion Strategy (NFIS) through 2026 to achieve this goal.

Currently, the country's financial inclusion rate stands at 64.50 percent. Bangladesh has a total of 193,251,232 bank accounts, comprising 177,950,465 savings accounts and 15,376,767 loan accounts, as per Bangladesh Bank statistics. The minister provided this information in a written reply to a question in parliament.

Chowdhury also stated that 63 banks operate across the country with 11,326 branches and 4,929 sub-branches. Regarding revenue collection, the National Board of Revenue's target for fiscal year 2025-26 is Tk 5.03 lakh crore, with Tk 3.27 lakh crore collected by April. The number of registered taxpayers, including income tax and VAT payers, has grown to 13,829,486 in fiscal year 2025-26 from 12,363,565 in fiscal year 2024-25.

DistantNews Editorial

Originally published by Daily Star in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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