Dhaka, Jan. 5 -- Bangladesh's newly formed Sammilito Islamic Bank has begun operations with stabilising transaction flows, signalling renewed public confidence in the country's banking sector after a major restructuring, said central bank Governor Ahsan H. Mansur on Monday.

Speaking at a press conference at Bangladesh Bank, Mansur said customers withdrew Tk 107.77 crore while depositing about Tk 44 crore during the bank's first two days of operations, from January 1 to January 4.

"The absence of excessive withdrawal pressure indicates confidence in the restructuring process," Mansur said, adding that in some areas deposits exceeded withdrawals.

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