3 new banks receive Tk 265 crore liquidity support
Staff Correspondent
Three struggling banks have received Tk 265 crore in liquidity support under a Bangladesh Bank credit guarantee scheme, aimed at stabilising the country’s banking sector amid ongoing cash flow issues.
Husneara Shikha, Executive Director and Spokesperson of Bangladesh Bank, confirmed the development on Tuesday evening, saying that financially sound banks — Dutch-Bangla Bank, City Bank, Pubali Bank, and Eastern Bank—provided the funds through loan agreements.
The move follows an earlier disbursement of Tk 6,585 crore in liquidity support to five other crisis-hit banks, bringing the total liquidity injection under the central bank initiative to Tk 6,850 crore.
“This arrangement reflects our commitment to addressing the liquidity challenges within the banking sector while maintaining confidentiality regarding the names of the weak banks receiving support,” said the Bangladesh Bank official, citing policy restrictions on revealing beneficiaries.
Despite these efforts, analysts suggest that broader structural reforms are essential to address the root causes of the liquidity crisis and improve governance in the banking sector.
