BB: 92% of the depositors’ money remains secured

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BB also highlighted that under existing rules and regulations, 92% of the depositors’ money remain safe and secure

The Bangladesh Bank (BB) has assured bank depositors that there was nothing to be worried about in getting back their money, nullifying concerns that depositors will only get back Tk1 lakh as maximum if their scheduled bank goes bankrupt or shut down. 

The central bank with the clarification at a press briefing held at its headquarters in Dhaka on Wednesday. 

BB also highlighted that under existing rules and regulations, 92% of the depositors’ money remain safe and secure.

BB Executive Director and spokesperson Serajul Islam and General Manager Md Abul Kalam Azad addressed the briefing.

Serajul said that the depositors’ interest was upheld under the exiting banking rules and regulations.