No more ‘illegal’ liquidity support for weak banks: BB governor

The Governor of the Bangladesh Bank Dr Ahsan H Mansur has announced that weak banks including the Shariah-based banks will no longer receive illegal liquidity support from the central bank.

He stated that actions will be taken against individuals involved in irregularities, not against institutions.

Regarding the board of a weak bank, the BB Governor mentioned that the process of dissolving the board is underway.

He made the remarks at a press conference held on Tuesday in the central bank's boardroom.

Deputy Governors Dr Habibur Rahman and Nurun Nahar and other officials were also present.