She added that the Department of National Savings is yet to investigate what classes of people buy savings certificates. Meanwhile, the Debt Management Committee of the government in a recent meeting decided to make it mandatory for savings certificates buyers to have an NID and TIN. A senior NBR official said it will be possible to connect savings certificates to TINs, as a database of savings certificates is being prepared. There are two main reasons behind the people’s preference for buy savings certificates. Department of National Savings Director General Shamsunnahar Begum said the people also believe that savings certificates are more secure than other deposits.

Source: Dhaka Tribune January 17, 2019 16:18 UTC