Three troubled banks have secured Tk 2.65 billion in liquidity support under a central bank-backed guarantee scheme to address acute financial stress. First Security Islami Bank received Tk 500 million, National Bank Tk 650 million, and Exim Bank Tk 1.50 billion from Dutch-Bangla Bank, City Bank, Pubali Bank, and Eastern Bank. Earlier, on November 14, Exim Bank obtained Tk 2.0 billion under a similar arrangement. According to central bank data, seven struggling banks have collectively received Tk 70.50 billion in liquidity support from 10 solvent banks to mitigate liquidity shortages.
The sector’s challenges stem from massive loan irregularities and mismanagement during the tenure of the recently ousted government, leaving many banks vulnerable. Heightened customer withdrawals due to growing panic have exacerbated the liquidity crisis. While the Bangladesh Bank has facilitated interbank liquidity transfers under its guarantee, officials anticipate continued support to stabilize the sector amid ongoing difficulties.
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