No Cause for Concern for Depositors in Weak Bank Mergers: Governor

The Governor of Bangladesh Bank, Dr Ahsan H. Mansur, has stated that the process of merging weak banks is ongoing; however, depositors have no reason to be concerned as the government will take full responsibility for safeguarding their deposits.

He made this statement on Tuesday (12 August) during a press conference at Bangladesh Bank, organised to announce the “Agriculture and Rural Credit Policy for the Fiscal Year 2025–2026.”

Key Statements from the Governor

Dr Mansur said that inflation could not be controlled due to flawed import policies of the government. He emphasised that unless such policies are formulated at the beginning of the year, it would be impossible to rein in inflation.

He also noted that in July, inflation did not decline solely because of the increase in rice prices.

For the fiscal year 2025–2026, the central bank has set a target of disbursing ৳39,000 crore in agricultural and rural loans—an increase of 2.63% compared to the previous fiscal year.

Additionally, Bangladesh Bank will ensure that 100% of agricultural loans reach farmers directly without passing through the hands of middlemen.

Summary Table