Depositors to be fully repaid
Bangladesh, July 9 -- Finance Minister Amir Khosru Mahmud Chowdhury on Wednesday assured Parliament that depositors of the country's five troubled banks would receive their savings in full, along with interest, ruling out any possibility of a "haircut" on deposits.
Responding to a notice raised by BNP reserved-seat MP Rahana Akter Ranu, the minister acknowledged the hardship faced by millions of depositors, describing the banking crisis as "a heartbreaking situation" inherited by the government.
"I have already said in Parliament that all depositors will get their deposits back with interest, Insha-Allah.
However, they will have to be a little patient," he said. Khosru said the affected banks were operating at substantial losses, maki...
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