Home
+
Published : 15 Jun 2026, 11:32 PM
Bangladesh Bank has granted another Tk 25 billion to Islami Bank Bangladesh amid its ongoing liquidity crisis and the turmoil over the top brass.
Mohammad Shahriar Siddiqui, assistant spokesperson and director of the central bank, confirmed that the second tranche of the special loan was sent out on Monday.
The troubled lender received the first Tk 25 billion on Sunday following a crisis over its top management in late May.
On Tuesday, the lender sought Tk 100 billion in liquidity support from the central bank, citing growing “pressure of the withdrawal of money”.
Despite receiving the first Tk 25 billion on Sunday, the bank's Acting Managing Director Md Altaf Hossain claimed on Monday afternoon that they had been unable to relaunch all digital payment channels, including their app CellFin, due to a cash crisis.
He said services through CellFin will resume on Monday.
Bangladesh Bank dissolved the board of directors of Islami Bank following customer protests and concerns over the bank’s management, appointing its Executive Director Mohammad Zahir Hussain to chair the board.
After taking charge, Zahir told reporters that he would only handle regular administrative work.
“Our priority is to restore customer trust. We want to bring it back to its previous status.”
The unrest in the Shariah-based bank had deepened after the central bank appointed Khurshid Alam to head the board on May 24.
It was followed by hours-long street protests where demonstrators clashed with police outside the bank's headquarters in Motijheel, and heated exchanges in parliament.
