Those who have deposited money in the bank, no one’s money will be lost: Financial advisor

Desk Report,

The government is committed to returning the money to those who have deposited money in banks. No one’s money will be lost, but it may take some time to return the money, said Financial Advisor Salehuddin Ahmed. He said this in response to questions from journalists after an exchange of views with government officials at the Nabinagar Upazila Parishad auditorium in Brahmanbaria on Saturday afternoon. The Financial Advisor told reporters that Bangladesh Bank is trying to rehabilitate bad banks. Islami Bank is one example of that. Confidence is returning to this bank. The Bank Resolution Act has been enacted for other banks. The first condition for this is that the government is committed to returning the money to those who have deposited money in banks. No one’s money will be lost, but it may take some time. Because many people have taken the money and left. Such an incident has not happened in any country in the world.

Financial Advisor Salehuddin Ahmed said that if the profit rate of savings certificates is increased, all people will buy savings certificates and not keep money in banks. There is also a liquidity issue in banks. We need to balance it.
Regarding the ongoing unrest in the NBR, the financial advisor said, “We are holding discussions with the National Board of Revenue to resolve the problem. We will do whatever needs to be done through discussions. A strong five-member committee has also been formed.”

Salehuddin Ahmed further said, “We are ensuring that foreign investors are brought in so that they do not have to go to 10-12 places for business. We are trying to centralize all the types of clearances available.”

The government is committed to returning the money to those who have deposited money in banks. No one’s money will be lost, but it may take some time to return the money, said Financial Advisor Salehuddin Ahmed. He said this in response to questions from journalists after an exchange of views with government officials at the Nabinagar Upazila Parishad auditorium in Brahmanbaria on Saturday afternoon. The Financial Advisor told reporters that Bangladesh Bank is trying to rehabilitate bad banks. Islami Bank is one example of that. Confidence is returning to this bank. The Bank Resolution Act has been enacted for other banks. The first condition for this is that the government is committed to returning the money to those who have deposited money in banks. No one’s money will be lost, but it may take some time. Because many people have taken the money and left. Such an incident has not happened in any country in the world.

Financial Advisor Salehuddin Ahmed said that if the profit rate of savings certificates is increased, all people will buy savings certificates and not keep money in banks. There is also a liquidity issue in banks. We need to balance it.
Regarding the ongoing unrest in the NBR, the financial advisor said, “We are holding discussions with the National Board of Revenue to resolve the problem. We will do whatever needs to be done through discussions. A strong five-member committee has also been formed.”

Salehuddin Ahmed further said, “We are ensuring that foreign investors are brought in so that they do not have to go to 10-12 places for business. We are trying to centralize all the types of clearances available.”

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