School Banking, Its Trend and Nexus with Profitability in Bangladesh

Md. Abdullah Al Mamun

doi:doi:10.11648/j.ijfbr.20210701.13

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School Banking, Its Trend and Nexus with Profitability in Bangladesh

Md. Abdullah Al Mamun

Published in International Journal of Finance and Banking Research (Volume 7, Issue 1)

Received: 3 February 2021 Accepted: 15 February 2021 Published: 10 March 2021

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Abstract

This work attempts to observe the current state of school banking, its trend and its association with profitability. Data from secondary sources have been collected for the period of 10-years from 2011 to 2020 to achieve the goals. The data have been collected, tabulated, categorized, coordinated and performed the relevant calculation of to fulfill the purpose. With the assistance of MS Office Excel and IBM SPSS-21, tabular presentation, graphical analysis, percentage, correlation, and simple linear regressions have been used to analyze data. Independent variables are known to be the volume of deposits in the school bank account. Return on assets (ROA) and return on equity (ROE) are chosen as profitability yardstick and used as a dependent variable for regression analysis. The results of the research have shown an increasing trend of account opening during the time and collection of deposits from these accounts. Between 2011 to 2020, the amount of school bank deposits compared to banks' overall deposits also increased from 0.01 percent to 0.16 percent. The assessment of the correlation showed that there was a strong positive association between the number of accounts opened and the sum deposits in those accounts. It also found that there was a relatively high negative relationship between the volume of deposits in school bank accounts and the return on equity and the return on assets. The output of the regression also clearly shows that school banking (amount of deposits) has a negative relationship with return on equity and return on total asset. The analysis is carried out on the basis of secondary data. However it is not possible to judge validity and reliability.

Published in	International Journal of Finance and Banking Research (Volume 7, Issue 1)
DOI	10.11648/j.ijfbr.20210701.13
Page(s)	21-28
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

School, Banking, Accounts, Deposits and Profitability

References

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[2]	Ahmed, M. & Maksuda, M. K., (2014). School Banking in Bangladesh: A Study on Sustainability. Thoughts on Banking and Finance, 3 (1), 65-75.
[3]	Alam (2015), School Banking Created a New Era in the Banking Services in Bangladesh, BD Opinion, March 31, 2015. http//www.bdopinion.com/2015/03/31/school-banking-created-a-new-era-in-the-banking-servics-in-bangladesh/.
[4]	Bangladesh bank. Annual Report. (2011-2020). Retrieved from https://www.bb.org.bd/en/index.php/publication/publictn/0/2.
[5]	Chowdhury, M. M. H., (2019) School Banking: Financial Inclusion at Childhood. Daily Sun. Retrieved January 30, 2021, from https://www.dailysun.com/arcprint/details/408932/School-Banking:-Financial-Inclusion-at-Childhood/2019-07-21.
[6]	Chowdhury. M. M. H., (2019, July 17). School banking: Ensuring financial inclusion since childhood; The Financial Express. Retrieved January 26, 2021 from https://www.thefinancialexpress.com.bd/views/school-banking-ensuring-financial-inclusion-since-childhood-1563374228.
[7]	Hasan, M. (2020, July 14). Deposits from School Banking cross Tk1, 700cr. Dhaka tribune. Retrieved January 31, 2021 from https://www.dhakatribune.com/business/banks/2020/07/14/deposits-from-school-banking-cross-tk1-700cr.
[8]	Hossen, M. M (2012), School Banking Scheme as a new Scheme for students, The Daily Frontier, September 22, 2012. http//www.daily,frontier.com/Frontier/2012015109,School+Banking+Scheme+as+a+new+Scheme+for+stu dents+.html.
[9]	Kamruzzaman, M., (2018), Theory and practices of banking, (1^st Ed.) Abir Publications, Dhaka, 65-66.
[10]	Maheswari, S. N., & Maheswari, S. K., (2002), Banking Law and practices, (11^th ed). Kalyani Publishers, Delhi, 8-10.
[11]	Mahmud, S. (2018). Scope of Financial Literacy through School Banking: The Case of Bangladesh. Retrieved from http://dspace.uiu.ac.bd/handle/52243/372
[12]	Mondal, U., Hossain, M. S., & Khan, M. A. M. (2015). School banking: a new idea of banking operation in Bangladesh. International Journal of Science and Research, 4 (11), 1926-1931.
[13]	Quarterly Report on No-Frill Accounts (April-June). (2020). Financial Inclusion Department, Bangladesh Bank. https://www.bb.org.bd/en/index.php/publication/publictn/2/62.
[14]	Rabbany, G. Islam. D. and Sadia. FT (2015). An Overview of School Banking Program: Its Problems, Prospects and Acceptability (A Case Study on Janata Bank Limited Shyamoli Corporate Branch). International Journal of Economics, Finance and Management Sciences, 3 (6), 685-694.
[15]	Sarker, S. A., & Foysal, T. Y. (2018). Contemporary Financial Services in Bangladesh: Case Study on School Banking. The cost and management, 46 (2).37-44.
[16]	Sultana, M., Hossain, M. J., & Banu, M. L. A. (2020). School Banking: Concept, Contribution and Prospect: The Perspective of Dutch Bangla Bank Ltd. (DBBL). European Journal of Business and Management, 12 (6), 70-81.
[17]	Uddin, A. Z. (2020, March 18). School banking getting traction [Review of School banking getting traction]. The Daily Star. Retrieved January 25, 2021 from. https://www.thedailystar.net/business/news/school-banking-getting-traction-1882309.

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Md. Abdullah Al Mamun. (2021). School Banking, Its Trend and Nexus with Profitability in Bangladesh. International Journal of Finance and Banking Research, 7(1), 21-28. https://doi.org/10.11648/j.ijfbr.20210701.13

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ACS Style

Md. Abdullah Al Mamun. School Banking, Its Trend and Nexus with Profitability in Bangladesh. Int. J. Finance Bank. Res. 2021, 7(1), 21-28. doi: 10.11648/j.ijfbr.20210701.13

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AMA Style

Md. Abdullah Al Mamun. School Banking, Its Trend and Nexus with Profitability in Bangladesh. Int J Finance Bank Res. 2021;7(1):21-28. doi: 10.11648/j.ijfbr.20210701.13

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@article{10.11648/j.ijfbr.20210701.13,
  author = {Md. Abdullah Al Mamun},
  title = {School Banking, Its Trend and Nexus with Profitability in Bangladesh},
  journal = {International Journal of Finance and Banking Research},
  volume = {7},
  number = {1},
  pages = {21-28},
  doi = {10.11648/j.ijfbr.20210701.13},
  url = {https://doi.org/10.11648/j.ijfbr.20210701.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijfbr.20210701.13},
  abstract = {This work attempts to observe the current state of school banking, its trend and its association with profitability. Data from secondary sources have been collected for the period of 10-years from 2011 to 2020 to achieve the goals. The data have been collected, tabulated, categorized, coordinated and performed the relevant calculation of to fulfill the purpose. With the assistance of MS Office Excel and IBM SPSS-21, tabular presentation, graphical analysis, percentage, correlation, and simple linear regressions have been used to analyze data. Independent variables are known to be the volume of deposits in the school bank account. Return on assets (ROA) and return on equity (ROE) are chosen as profitability yardstick and used as a dependent variable for regression analysis. The results of the research have shown an increasing trend of account opening during the time and collection of deposits from these accounts. Between 2011 to 2020, the amount of school bank deposits compared to banks' overall deposits also increased from 0.01 percent to 0.16 percent. The assessment of the correlation showed that there was a strong positive association between the number of accounts opened and the sum deposits in those accounts. It also found that there was a relatively high negative relationship between the volume of deposits in school bank accounts and the return on equity and the return on assets. The output of the regression also clearly shows that school banking (amount of deposits) has a negative relationship with return on equity and return on total asset. The analysis is carried out on the basis of secondary data. However it is not possible to judge validity and reliability.},
 year = {2021}
}

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TY  - JOUR
T1  - School Banking, Its Trend and Nexus with Profitability in Bangladesh
AU  - Md. Abdullah Al Mamun
Y1  - 2021/03/10
PY  - 2021
N1  - https://doi.org/10.11648/j.ijfbr.20210701.13
DO  - 10.11648/j.ijfbr.20210701.13
T2  - International Journal of Finance and Banking Research
JF  - International Journal of Finance and Banking Research
JO  - International Journal of Finance and Banking Research
SP  - 21
EP  - 28
PB  - Science Publishing Group
SN  - 2472-2278
UR  - https://doi.org/10.11648/j.ijfbr.20210701.13
AB  - This work attempts to observe the current state of school banking, its trend and its association with profitability. Data from secondary sources have been collected for the period of 10-years from 2011 to 2020 to achieve the goals. The data have been collected, tabulated, categorized, coordinated and performed the relevant calculation of to fulfill the purpose. With the assistance of MS Office Excel and IBM SPSS-21, tabular presentation, graphical analysis, percentage, correlation, and simple linear regressions have been used to analyze data. Independent variables are known to be the volume of deposits in the school bank account. Return on assets (ROA) and return on equity (ROE) are chosen as profitability yardstick and used as a dependent variable for regression analysis. The results of the research have shown an increasing trend of account opening during the time and collection of deposits from these accounts. Between 2011 to 2020, the amount of school bank deposits compared to banks' overall deposits also increased from 0.01 percent to 0.16 percent. The assessment of the correlation showed that there was a strong positive association between the number of accounts opened and the sum deposits in those accounts. It also found that there was a relatively high negative relationship between the volume of deposits in school bank accounts and the return on equity and the return on assets. The output of the regression also clearly shows that school banking (amount of deposits) has a negative relationship with return on equity and return on total asset. The analysis is carried out on the basis of secondary data. However it is not possible to judge validity and reliability.
VL  - 7
IS  - 1
ER  -

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Author Information

Md. Abdullah Al Mamun

Department of Business Administration, Pabna University of Science and Technology, Pabna, Bangladesh

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Plain Text BibTeX RIS

APA Style

Md. Abdullah Al Mamun. (2021). School Banking, Its Trend and Nexus with Profitability in Bangladesh. International Journal of Finance and Banking Research, 7(1), 21-28. https://doi.org/10.11648/j.ijfbr.20210701.13

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ACS Style

Md. Abdullah Al Mamun. School Banking, Its Trend and Nexus with Profitability in Bangladesh. Int. J. Finance Bank. Res. 2021, 7(1), 21-28. doi: 10.11648/j.ijfbr.20210701.13

Copy | Download

AMA Style

Md. Abdullah Al Mamun. School Banking, Its Trend and Nexus with Profitability in Bangladesh. Int J Finance Bank Res. 2021;7(1):21-28. doi: 10.11648/j.ijfbr.20210701.13

Copy | Download

@article{10.11648/j.ijfbr.20210701.13,
  author = {Md. Abdullah Al Mamun},
  title = {School Banking, Its Trend and Nexus with Profitability in Bangladesh},
  journal = {International Journal of Finance and Banking Research},
  volume = {7},
  number = {1},
  pages = {21-28},
  doi = {10.11648/j.ijfbr.20210701.13},
  url = {https://doi.org/10.11648/j.ijfbr.20210701.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijfbr.20210701.13},
  abstract = {This work attempts to observe the current state of school banking, its trend and its association with profitability. Data from secondary sources have been collected for the period of 10-years from 2011 to 2020 to achieve the goals. The data have been collected, tabulated, categorized, coordinated and performed the relevant calculation of to fulfill the purpose. With the assistance of MS Office Excel and IBM SPSS-21, tabular presentation, graphical analysis, percentage, correlation, and simple linear regressions have been used to analyze data. Independent variables are known to be the volume of deposits in the school bank account. Return on assets (ROA) and return on equity (ROE) are chosen as profitability yardstick and used as a dependent variable for regression analysis. The results of the research have shown an increasing trend of account opening during the time and collection of deposits from these accounts. Between 2011 to 2020, the amount of school bank deposits compared to banks' overall deposits also increased from 0.01 percent to 0.16 percent. The assessment of the correlation showed that there was a strong positive association between the number of accounts opened and the sum deposits in those accounts. It also found that there was a relatively high negative relationship between the volume of deposits in school bank accounts and the return on equity and the return on assets. The output of the regression also clearly shows that school banking (amount of deposits) has a negative relationship with return on equity and return on total asset. The analysis is carried out on the basis of secondary data. However it is not possible to judge validity and reliability.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - School Banking, Its Trend and Nexus with Profitability in Bangladesh
AU  - Md. Abdullah Al Mamun
Y1  - 2021/03/10
PY  - 2021
N1  - https://doi.org/10.11648/j.ijfbr.20210701.13
DO  - 10.11648/j.ijfbr.20210701.13
T2  - International Journal of Finance and Banking Research
JF  - International Journal of Finance and Banking Research
JO  - International Journal of Finance and Banking Research
SP  - 21
EP  - 28
PB  - Science Publishing Group
SN  - 2472-2278
UR  - https://doi.org/10.11648/j.ijfbr.20210701.13
AB  - This work attempts to observe the current state of school banking, its trend and its association with profitability. Data from secondary sources have been collected for the period of 10-years from 2011 to 2020 to achieve the goals. The data have been collected, tabulated, categorized, coordinated and performed the relevant calculation of to fulfill the purpose. With the assistance of MS Office Excel and IBM SPSS-21, tabular presentation, graphical analysis, percentage, correlation, and simple linear regressions have been used to analyze data. Independent variables are known to be the volume of deposits in the school bank account. Return on assets (ROA) and return on equity (ROE) are chosen as profitability yardstick and used as a dependent variable for regression analysis. The results of the research have shown an increasing trend of account opening during the time and collection of deposits from these accounts. Between 2011 to 2020, the amount of school bank deposits compared to banks' overall deposits also increased from 0.01 percent to 0.16 percent. The assessment of the correlation showed that there was a strong positive association between the number of accounts opened and the sum deposits in those accounts. It also found that there was a relatively high negative relationship between the volume of deposits in school bank accounts and the return on equity and the return on assets. The output of the regression also clearly shows that school banking (amount of deposits) has a negative relationship with return on equity and return on total asset. The analysis is carried out on the basis of secondary data. However it is not possible to judge validity and reliability.
VL  - 7
IS  - 1
ER  -

Copy | Download