Dhaka, June 29 -- Bangladesh Bank (BB) has injected Tk 52,500 crore in liquidity support to 12 financially troubled banks, marking one of the largest such interventions in the country's financial history.
Data released on Saturday reveals that this substantial assistance forms part of a broader strategy aimed at stabilising the fragile banking sector, which also includes plans to merge several weak institutions.
Of the total, Tk 33,000 crore was provided as demand loans to 10 banks to help meet depositor withdrawals and ease short-term liquidity pressures. An additional Tk 19,000 crore was extended by converting existing current account deficits into demand loans across nine banks, offering them vital financial relief.
Among the recipi...
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