STAR REPORT

Islami Bank Bangladesh PLC has sought a special liquidity support of Tk 10,000 crore from Bangladesh Bank as the country’s largest Shariah-based lender reels from deposit withdrawals amid unrest over its chairman’s appointment.

Contacted by The Daily Star yesterday, a senior Islami Bank official, requesting anonymity, said, “Considering the current cash crisis, we have sought this support.” He added that the central bank has not yet communicated any decision in this regard.

The Daily Star could not reach Mohammad Shahriar Siddiqui, a director and assistant spokesperson of Bangladesh Bank, despite several attempts, as his phone was switched off.

Meanwhile, protesters continued their demonstrations, demanding the resignation of Islami Bank’s newly appointed chairman, Md Khurshid Alam.

Between June 1 and 7, the bank lost Tk 4,241 crore in deposits amid protests that began earlier this month under the banner of the Conscious Customers’ Forum.

The demonstrations have disrupted operations at several Islami Bank branches.

According to internal data, Islami Bank’s total deposits fell from Tk 184,382 crore on May 31 to Tk 180,141 crore on June 7.

SEE PAGE 8 COL 4