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Deposits of common people in banks totally safe: BB


Deposits of common people in banks totally safe: BB

The Bangladesh Bank on Sunday (Nov 13) said that the deposits of common people in banks are totally safe. The central bank said this on Sunday in response to propaganda in various social media stating that the commoners are withdrawing their deposits from the banks.

This is not correct and is being made out of conspiracy, according to a press release.

Urging the countrymen to keep their utmost trust and confidence over the country's banking system, the Bangladesh Bank asserted that the banking system of Bangladesh has been in a very solid condition while there is no crisis of liquidity.

The central bank also mentioned that no bank was closed down in the country since Independence and hopefully no bank will be closed in future also.

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