Bangladesh Bank Governor allows withdrawals at National Bank after liquidity improves
What happened
Md Mostaqur Rahman instructed the chairman of National Bank to permit depositors to withdraw money on demand, effective October 15, 2026, after the bank's liquidity situation improved. The governor directed that necessary cash be supplied at all branches and ATM booths of National Bank PLC. The bank had previously faced difficulties due to financial irregularities and a liquidity crisis.
From bdnews24.com
Why it matters
The instruction comes after National Bank reported significant financial losses, including Tk 22.86 billion in the first six months of 2026. This intervention by Bangladesh Bank addresses the bank's struggles with money laundering and pressure from non-performing loans.
From bdnews24.com
Who's involved
- Md Mostaqur RahmanGovernor of Bangladesh Bank who issued the instruction to allow withdrawals
- Bangladesh BankCentral bank of Bangladesh that issued the instruction regarding the bank's liquidity
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The entities involved
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Md Mostaqur Rahman
14th Governor of Bangladesh Bank
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Bangladesh Bank
central bank of Bangladesh and member of the Asian Clearing Union
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