The current account deficit of nine private sector banks in Bangladesh has surpassed Tk 18,000 crore, according to Bangladesh Bank. The highest deficits include Fast Security Islami Bank at Tk 7,269 crore, Social Islami Bank at Tk 3,394 crore, National Bank at Tk 2,342 crore, Union Bank at Tk 2,209 crore, and Islami Bank at Tk 2,201 crore. Additionally, Commerce Bank, Padma Bank, Global Islami Bank, and ICB Islami Bank face deficits ranging from Tk 39 crore to Tk 380 crore. Five of these banks have obtained central bank guarantees for liquidity support from the inter-bank money market, following agreements signed recently. Seven restructured banks have applied for such guarantees after a recent leadership change at the central bank.
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