Staff Correspondent:

Several financially strained banks have sought additional liquidity support from Bangladesh Bank to meet the surge in cash withdrawals ahead of Eid-ul-Fitr.

According to central bank sources, at least six banks have requested Tk 5,000 crore in liquidity assistance to cope with the increased demand. But the central bank has advised them to borrow from financially stable banks under the Bangladesh Bank guarantee scheme.

Meanwhile, First Security Islami Bank, Global Islami Bank, Social Islami Bank, Union Bank and National Bank have signed agreements with Bangladesh Bank to secure loans under this scheme.

Following the change of government in August 2024, Bangladesh Bank provided Tk 29,000 crore in liquidity support to nine banks.

AS PER THE CENTRAL BANK’S RECORDS:

Social Islami Bank (SIBL) received Tk 5,500 crore

First Security Islami Bank received Tk 6,500 crore

National Bank received Tk 5,000 crore

Union Bank received Tk 2,000 crore

Global Islami Bank received Tk 2,000 crore

Exim Bank received Tk 8,500 crore

Bangladesh Commerce Bank received Tk 200 crore

ICB Islami Bank received Tk 100 crore

AB Bank received Tk 200 crore