Source: BDNews24.
Islami Bank has sought assistance from the Bangladesh Bank as it has plunged into a massive crisis in the wake of calls by activists of the Shahbagh movement to severe relations with any institution having links with war criminals.
The call by the activists drew huge response with individuals closing their accounts with the bank, internationals banks refusing to continue business with it and readymade garment buyers reluctant to trade through the bank.
The bank, which has been under government watch for its suspected militant funding, has sought assistance from the Bangladesh Bank.
On Feb 5, the day protesters took to the Shahbagh intersection it was demanded that institutions having link with ‘war criminals’ must be banned alongside ensuring death to all war crimes convicts.
The list of institutions included Islami Bank, the bank which was established 30 years ago.
The Shahbagh movement gained momentum as days passed, and its demand spread like wild fire with the bank’s clients ending their business relations with the bank.
A large number of people closed their accounts with the bank at Netrokona.
Categories: Asia, Bangladesh, Banks
So you shall reap what you sow.