Bangladesh Bank Archives

If the bank closes depositors will get a maximum 2 lakh taka

March 23, 2025 Stalin pdp

Deposit Insurance Cap Doubled: Bangladesh Bank Proposes Two Lakh Taka Refund in New Ordinance Dhaka, March 23, 2025 – In a significant move aimed at bolstering depositor confidence, Bangladesh Bank has unveiled the draft of the ‘Deposit Protection Ordinance, 2025’, proposing to double the maximum refund amount to two lakh taka in the event of a bank or financial institution closure. The draft ordinance, now published on the website of the Financial Institutions Division of the Ministry of Finance, marks a substantial increase from the current limit of one lakh…

Accounts worth crores of rupees have increased by nearly 5,000, inequality has also increased

March 16, 2025 Stalin pdp

Accounts worth crores of rupees Amid the country’s sluggish business environment, the number of bank accounts with deposits of more than Tk 1 crore increased by nearly 5,000 in December. According to Bangladesh Bank, the number of such accounts reached 1,22,081 at the end of December, up from 1,17,127 in September. The number was 1,18,784 in June and 1,15,890 in March. After speculation of political changes last August, there was some panic among depositors when information about good governance, financial stability and corruption in the banking sector came to light.…

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