Dhaka, March 20 -- Liquidity support into the credit-hungry banks marks a persistent rise as Bangladesh Bank has allow Tk 29,000 crore in liquidity support to nine struggling banks, since the change in government in August 2024.
Correspondingly, ahead of Eid-ul-Fitr several financially troubled banks have sought additional liquidity support from the central bank to manage a surge in cash withdrawals.
According to sources within the central bank, at least six banks have requested Tk 5,000 crore in liquidity assistance to meet the increased demand.
However, the central bank has advised them to borrow from financially stable banks under the Bangladesh Bank guarantee scheme, First Security Islami Bank, Global Islami Bank, Social Islami Ban...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.