Bangladesh Bank lends Tk13,000cr to Islami Bank to ease liquidity crunch
Governor says no other bank required liquidity support, while warning of tougher action against irregularities in the banking sector.
Bangladesh Bank Governor Mostaqur Rahman has said the central bank extended Tk13,000 crore in liquidity support to Islami Bank after he assumed office to help the lender overcome its liquidity crisis.
Speaking during the announcement of Bangladesh Bank's Monetary Policy Statement for July-December FY2026-27 yesterday (30 June), the governor said no other bank required liquidity assistance during his tenure.
He noted that Bangladesh Bank had provided Tk17,250 crore in liquidity support to banks during the Awami League government's tenure, followed by Tk51,000 crore under the interim government.
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The governor also reiterated the central bank's commitment to restoring discipline and good governance in the banking sector.
He said Bangladesh Bank recently deployed special audit teams to six banks to examine their foreign exchange operations and IT systems. The audits uncovered several irregularities, including instances where letters of credit (LCs) scheduled for settlement in 2025 had been paid much earlier than expected.
Mostaqur warned that any future violations of banking regulations would face the maximum possible penalties, adding that the central bank would not bow to pressure from influential quarters.
He also indicated that previously stalled or abandoned investigations into banking irregularities would be reopened as part of efforts to strengthen accountability in the financial sector.
