Dhaka Bank will give liquidity support to the troubled Banks
To keep the wheel of economic growth in motion, Bangladesh Bank, the Central Bank of Bangladesh, has taken initiative to facilitate liquidity support to revitalize problem banks through ten 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 ten strong banks including Dhaka Bank, while the Governor of Bangladesh Bank, was present in the meeting.
After detailed discussion, heads of the participating strong banks agreed to extend their whole-hearted co-operation 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.
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