Customers withdraw Tk670cr from Sammilito Islami Bank in two days
Md Abedur Rahman Sikder, managing director of Sammilito Islamic Bank, said the number of customers actually withdrawing money was much lower than the number who had applied.
Customers of Sammilito Islamic Bank withdrew Tk670 crore from their deposits over the past two days, against withdrawal applications totalling Tk2,345 crore, according to bank sources.
The bank's branches across the country processed withdrawals yesterday and today (8 September) under normal procedures. Around 14,000 customers withdrew money during the two days, while applications for withdrawals had been submitted by about 37,600 customers, a senior Bangladesh Bank official said.
He said withdrawals increased slightly on the second day as some customers who could not visit branches yesterday came the following day. The bank paid them in full according to their requirements.
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Md Abedur Rahman Sikder, managing director of Sammilito Islamic Bank, said the number of customers actually withdrawing money was much lower than the number who had applied.
"Many customers are visiting branches, reviewing the overall transaction situation and leaving without withdrawing their deposits. New customers are also opening deposit accounts at many of our branches," he said.
Sammilito Islamic Bank was formed through the merger of First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank and EXIM Bank. The five banks have a combined 761 branches.
A total of 74,000 applications have been submitted by customers of the five banks, seeking Tk3,925 crore in withdrawals. Bangladesh Bank provided Tk5,000 crore to the new bank on Sunday to facilitate deposit repayments, after which funds were sent from the head office to branches.
