Struggling banks in Bangladesh are receiving liquidity support from stronger banks, allowing them to repay depositors for urgent needs like medical expenses and salaries. Key banks, including First Security Islami Bank and Social Islami Bank, have secured Tk 2,425 crore in assistance backed by the Bangladesh Bank.
While depositors still face challenges accessing funds, banks are prioritizing repayments based on urgency. New management is working to restore trust among depositors. Previously, the central bank printed money to support failing banks, but under Governor Ahsan H Mansur, the focus has shifted to inter-bank market support, which is expected to take about a year to resolve ongoing liquidity issues.
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