Bangladesh Bank Denies Rumors on Merger Banks’ Withdrawal Schedule, Warns Against Misinformation

Bangladesh Bank has issued an official clarification regarding deposit withdrawals from five banks currently undergoing a merger, urging the public to ignore false reports circulating on social media and in some news outlets.

According to Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan, depositors of the five banks will soon be allowed to withdraw up to Tk 200,000 based on their individual needs. However, he stressed that no specific date or time has yet been finalized for when this withdrawal facility will begin.

The statement comes after misleading claims suggested that depositors of one of the merging banks would be able to start withdrawing funds from Monday. Bangladesh Bank categorically dismissed these reports as incorrect and baseless, warning that such misinformation could create unnecessary panic and confusion.

The central bank advised all stakeholders and the general public to rely only on official announcements and to remain cautious about unverified information regarding the merger process.

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