Central bank prints Tk 22,500 crore to support liquidity in 6 banks

The central bank has announced that a total of Tk 22,500 crore has been injected into six banks facing liquidity shortages. Speaking at a briefing held at Bangladesh Bank’s headquarters in Motijheel on Thursday, Governor Dr Ahsan H. Mansur said the decision was taken to protect depositors’ funds and stabilise the banking system. Although the bank had earlier planned to avoid printing money, it temporarily opted for this measure to maintain operational continuity in the banking sector.

The governor reassured depositors that their funds remain entirely secure and that no customer will face difficulties withdrawing their money. He added that Bangladesh Bank will stand beside any bank experiencing liquidity distress.

During a meeting with 17 commercial banks on 11 November, the governor emphasised that stronger banks must extend greater financial support to the weaker institutions affected by irregularities. He further stated that customers would notice significant changes in the banking sector from Sunday, 1 December.

A summary of the support extended by the central bank is provided below:

The governor also highlighted that despite ongoing economic challenges, the central bank is implementing necessary policies to protect the stability of the financial sector. He urged customers to continue their regular banking activities without concern. Strengthening coordination among banks is essential to ensure a more resilient financial system, he added.

Khaborwala/ASN