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depositor-confidence

‘Haircut’ will not be applied, depositors can withdraw money as needed
‘Haircut’ will not be applied, depositors can withdraw money as needed
The depositors of Sammilito Islami Bank PLC will not face any ‘haircut’ or deduction from their profits, Bangladesh Bank Governor Md. Mostaqur Rahman said. At the same time, he instructed the bank authorities to take necessary steps to allow individual depositors to withdraw money as needed beyond the prescribed limit for deposit refunds. The decisions were made at a meeting between Bangladesh Bank Governor Md. Mostaqur Rahman and Sammilito Islami Bank Chairman Kazi Shairul Hasan and...
Economy•25 August 2026