Depositors of merged banks to get money back in phases: Finance minister
The finance minister made the remarks while responding to concerns over the merged banks during the discussion on the proposed national budget for the next fiscal year in parliament today (29 June).
Depositors of the five merged Shariah-based banks will receive their money back in phases, Finance Minister Amir Khosru Mahmud Chowdhury has said, assuring customers that protecting public deposits remains the government's highest priority.
The finance minister made the remarks while responding to concerns over the merged banks during the discussion on the proposed national budget for the next fiscal year in the parliament today (29 June).
"I want to assure depositors that protecting the deposits of ordinary people is the government's highest priority. Individual depositors of the five merged banks have been given access to up to Tk2,00,000 from their current and savings accounts. The remaining funds will be returned in phases," he said.
