The regulator is considering a bailout package that includes restructuring and recapitalization for weakened banks, both public and private, following significant financial losses due to recent mismanagement and plunder. Before implementing this, the central bank will assess the banks’ asset quality and viability with external help. Bangladesh Bank is in talks with the World Bank, seeking $270 million under the Financial Sector Support Project II, of which $70 million is earmarked for improving regulatory and supervisory capacity. The remaining funds will address asset reviews, sector stabilization, and potential recapitalization.
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