Sat, 10 December 2022
The Daily Ittefaq

No liquidity crisis in banking sector: BB

Update : 14 Nov 2022, 18:17

Bangladesh Bank (BB) said that there is no liquidity crisis in the banking sector of Bangladesh. People's deposits are safe in banks across the country.

The central bank urged everyone not to be confused over conspiratorial information on various social media.

Bangladesh Bank in an urgent press release on Sunday said, "Misleading news is being spread on different social media platforms, provoking people to withdraw their deposits from banks".

The statement also said that the banking system of Bangladesh is in a strong position. There is no liquidity crisis in the banking sector.

"No bank in the country was shut in 51 years since Bangladesh's independence. Hopefully, no bank will be shut down in Bangladesh in future as well. The deposits of the people are completely safe at the banks," it added.

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