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Bangladesh Bank Prints Tk 22,500 Crore to Support Six Banks

Governor Dr. Ahsan H. Mansur declared on November 28 that the Bangladesh Bank has printed Tk 22,500 crore to help six banks that were experiencing liquidity issues. Weaker institutions are also receiving assistance from solvent banks. To maintain a strict monetary policy, the money will be taken out through the issuing of bonds. Dr. Mansur reassured depositors that the central bank will support any failing institution and that all bank savings are safe. It is anticipated that banking operations would undergo significant adjustments starting on December 1.

Source: Jamuna Television 

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