Bangladesh Bank (BB) Governor Ahsan H Mansur said that there will be no more restrictions on business operations and the opening of Letter of Credits (LCs) in Islami Bank from now on.
The governor in a meeting with the newly formed Board of Directors of Islami Bank on Thursday expressed his satisfaction on the daily positive balance of Islami Bank’s current account maintained with the central bank.
“The necessary instructions will be issued soon in this regard,” he added.
“Customers' deposits are safe in Islami Bank. Islami Bank's own funds are sufficient to meet the needs of customers. However, Bangladesh Bank will actively consider liquidity support if required,” said the governor.
Md Obayed Ullah Al Masud, chairman of Islami Bank, told media after the meeting that the regular business activities of Islami Bank are being conducted smoothly with the existing facilities of the central bank.
He said that Islami Bank has presented a specific roadmap to the governor. Through the bank's performance and business achievements, Islami Bank will turn around within the fastest time due to the trust of crores of customers.
