Post# 1564865001

4-Aug-2019 2:43 am


With the drumbeat of continuous bad news, here's the latest one. Link in comment. And relax, there's no reason for a bank run yet. But every later news is one step worse than the previous one.

First it was 2 banks. Then 1 money leasing institute. Then *all* money leasing institutes. Right now it's mostly all banks IF you want to withdraw more than a million taka.

Note that a cash crunch always happens before Eid al azha. But there was the gov owned Sonali Bank which lent other banks money. Until now that it. Right now there's none.

Lastly a friendly reminder : "don't spread rumors."

4-Aug-2019 2:43 am

Published
4-Aug-2019