[ Online ] 21/11/2024
 
3 banks of the share market got another 265 crore liquidity support
Three banks of the stock market in crisis have borrowed another Tk 265 crore under the regular liquidity guarantee. The three banks are: First Security Islami Bank, National Bank and Exim Bank.

The information of Bangladesh Bank says that a total of 7 thousand 50 crores of loans have been given to 7 banks in crisis since the beginning of last October.

It is known that about 12 banks of the country are facing acute liquidity or cash crisis for two years due to loan fraud and various irregularities. Among them, eight banks were under the control of S. Alam during the dictator Sheikh Hasina’s tenure. Central Bank fails to maintain CRR and SLR. However, former governor Abdur Rauf Talukder did not take any action against the banks. Later, when the banks faced more liquidity crisis, transactions were allowed despite the current account deficit.

However, after the fall of the Awami League government, all the facilities that were given by the new governor. Closed by Ahsan H. Mansoor. In this, the correct financial picture of the banks started to emerge. There are cases where the customer is unable to pay.

After the change of government, the central bank dissolved the board of directors of many banks that occupied the banking sector due to the influence of Awami League. So far, the boards of 11 banks, including eight banks controlled by S Alam, have been dissolved.

According to the data of Bangladesh Bank, under the guarantee, the weak banks have taken financial assistance of about 7 thousand 50 crores. Among them, Islami Bank Tk 2,950 crore, Social Islami Bank Tk 1,175 crore, First Security Islami Bank Tk 1,500 crore, National Bank Tk 985 crore, Exim Bank Tk 1,500 crore, Union Bank Tk 400 crore and Global Islami Bank 295 crores.