Following the Prime Minister’s resignation and the ensuing political turmoil, the law enforcement system appeared to collapse, with police withdrawing from their duties due to safety concerns amid the unrest. Financial institutions, particularly banks, felt insecure and were operating at reduced capacity. Standard Chartered Bank’s CEO reported that only 4 out of 18 branches remained open due to security issues.
The President of the Association of Bankers mentioned that security assessments are being conducted based on recommendations from the central bank. In Motijheel, many branches kept their front doors closed but continued to operate through side gates. Residents and consumers are facing challenges as ATMs are not being restocked due to supply disruptions caused by security concerns.
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