Dhaka Bank to give Tk 2500 million liquidity support to weak or troubled banks

To keep the wheel of economic growth in motion, Bangladesh Bank, the Central Bank of Bangladesh, has taken the initiative to facilitate liquidity support to revitalize problem banks through 10 financially strong banks as per the direction of the present government.

In this process, Bangladesh Bank has arranged a meeting with the Chief Executives of 10 (ten) strong banks including Dhaka Bank, while the Governor of Bangladesh Bank, was present in the meeting, according to a media release. 

After a detailed discussion, heads of the participating strong banks agreed to extend their whole-hearted cooperation to the weak banks through liquidity support.

In line with this, Dhaka Bank PLC which is widely recognized as the financially robust bank, in principally agreed to provide liquidity support of BDT 2500.00 Million to the weak banks against Bangladesh Bank guarantee.