No liquidity crisis, Tk 5,585cr infused to 7 banks: Bangladesh Bank
No liquidity crisis, Tk 5,585cr infused to 7 banks: Bangladesh Bank

Bangladesh Bank has reassured the public, stating that there is no liquidity crisis in the banking sector and that depositors funds remain safe and secure. At a press briefing on Wednesday at the central bank headquarters, Husneara Shikha, Executive Director and Spokesperson of Bangladesh Bank,...

Banking sector flush with Tk 1.90 Lakh crore in excess liquidity
Banking sector flush with Tk 1.90 Lakh crore in excess liquidity

The banking sector in Bangladesh, once facing a liquidity crisis, is now seeing a surplus, holding Tk 1.90 lakh crore in excess liquidity, according to the Bangladesh Bank (BB), reports UNB. This shift is being attributed to a rise in depositor confidence following the recent political changes...

Country’s 6 struggling banks receive Tk 1,640 crore in liquidity support
Country’s 6 struggling banks receive Tk 1,640 crore in liquidity support

Six financially weak banks, grappling with liquidity crises, have reportedly received a total of Tk 1,640 crore in loans by three stronger banks, reports UNB. Sources within the Bangladesh Bank said that this step is aimed at alleviating the liquidity constraints faced by the countrys weaker...