BB chief urges all to refrain from speculation about Islami Bank
He warned that excessive speculation and assumption-based discussions could further complicate the situation, requesting everyone to observe the circumstances with patience.
Bangladesh Bank (BB) Governor Md Mostaqur Rahman today (30 June) urged all to refrain from speculation and rumours surrounding Islami Bank Bangladesh PLC.
He warned that excessive speculation and assumption-based discussions could further complicate the situation, requesting everyone to observe the circumstances with patience.
The BB governor made the remarks while responding to questions from journalists at a press conference organised at the central bank headquarters to announce the new monetary policy for the July-December 2026 period.
Keep updated, follow The Business Standard's Google news channel
"It seems to me that there is excessive speculation regarding Islami Bank. I would request everyone to please have some patience, observe the situation, and avoid unnecessary discussions," he said.
Highlighting the central bank's liquidity support to the banking sector, Mostaqur Rahman said, "During the Awami League government's tenure, a total of Tk 17,250 crore in liquidity support was provided for various banks. Under the interim government, that support package escalated to Tk 51,000 crore."
After the new government assumed office, there was no need to provide liquidity support for any bank during the first four months, he said, describing this as a positive development. "However, in the case of Islami Bank, Tk 13,000 crore in liquidity support has already been provided," he said.
The BB chief assured that the central bank is closely monitoring the situation and taking necessary steps, emphasising that no decision will be made going beyond the framework of the law. "Islami Bank is a banking company, and it is regulated by the Bank Company Act. We will not do anything outside the law," he said.
