'Weak banks to be rescued by all means'

Dhaka, Jan. 29 -- The government will use all available tools to rescue the weak banks, assured Bangladesh Bank Governor Ahsan H Mansur on Tuesday.

Correspondingly, Mansur urged the depositors of weak banks to hold faith and confidence as central bank's recovery initiatives is proceeding.

Speaking as the chief guest at a workshop on 'Microfinance in Bangladesh' organised by the Microcredit Regulatory Authority (MRA) at the CIRDAP Auditorium in the capital, the governor also said "Any banks unable to return customers' money, I assure you that the money will either be refunded or paid through bonds."

Dr. Mansur said this in reply to a query from a top official of a Micro Finance Institution (MFI), who made FDR in S Alam Group-owned bank bu...