Dhaka, March 19 -- Several banks facing financial strain have requested additional liquidity support from Bangladesh Bank to manage the increased demand for cash withdrawals ahead of Eid-ul-Fitr.
According to central bank sources, at least six banks have requested Tk 5,000 crore in liquidity assistance to cope with the increased demand. But the central bank has advised them to borrow from financially stable banks under the Bangladesh Bank guarantee scheme.
Meanwhile, First Security Islami Bank, Global Islami Bank, Social Islami Bank, Union Bank and National Bank have signed agreements with Bangladesh Bank to secure loans under this scheme.
Following the change of government in August 2024, Bangladesh Bank provided Tk 29,000 crore in liqu...