Dhaka, Bangladesh (BBN)- Eastern Bank Limited (EBL) has launched “EBL Junior”, a savings account for students, with a view to include the young population of the society under banking umbrella and help students learn the benefits of savings from an early age.

EBL Managing Director and Chief Executive Officer Ali Reza Iftekhar formally launched the new product of the bank at a simple event organized at RAJUK Uttara Model College in the capital Dhaka Wednesday.

Any student aged between 11 and 17 years can open this account at all EBL branches jointly with his/her parent, the bank said.  

This account will instill savings habit into the students and familiarize them with modern banking facilities EBL offers. The account comes with Internet Banking, ATM and cheque book facilities which need to be operated by the parents only.

BBN/SI/AD-24Feb11-2:28 pm (BST)