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BB boss for caution against rumours over Islami Bank Situation

Staff Correspondent
30 June 2026 23:44 Updated: 30 June 2026 23:44

Bangladesh Bank (BB) Governor Md. Mostaqur Rahman on Tuesday urged all concerned to refrain from speculation and rumours surrounding Islami Bank Bangladesh PLC.

He also warned that unnecessary discussions based on assumptions could further complicate the situation.

Speaking at a press conference at the Bangladesh Bank headquarters after unveiling the monetary policy for the July–December 2026 period, the governor called for patience and calm observation of developments.

“It seems to me that there is excessive speculation regarding Islami Bank. I would request everyone to have some patience, observe the situation and avoid unnecessary discussions,” he said.

Referring to the central bank’s liquidity support to the banking sector, Mostaqur Rahman said that during the previous government, a total of Tk 17,250 crore had been extended to various banks, while under the interim government the amount rose to Tk 51,000 crore.

He noted that after the current government assumed office, no bank required liquidity support during the first four months, describing the development as a positive sign.

However, he disclosed that Bangladesh Bank has already provided Tk 13,000 crore in liquidity support to Islami Bank.

The governor assured that the central bank is closely monitoring the situation and taking all necessary measures in accordance with the law.

“Islami Bank is a banking company regulated under the Bank Company Act. We will not do anything outside the law,” he added.

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