Saturday | 5 October 2024 | Reg No- 06
বাংলা
   
Saturday | 5 October 2024 | Epaper
BREAKING: ● Ex-president Badruddoza Chowdhury passes away      ● Killing during students' movement: 9 bodies to be exhumed in Sylhet      ● Malaysian prime minister leaves Dhaka for home      ● CA seeks Malaysian support for Bangladesh to be ASEAN dialogue partner      ● Malaysian PM assures of attention to 18,000 Bangladesh workers       ● Bid to kill Khaleda Zia: Sheikh Hasina among 113 sued      ● Thundershowers with 60 km/h wind likely to hit 17 regions      

People facing cash crisis as ATMs run empty 

Published : Sunday, 11 August, 2024 at 12:00 AM  Count : 206
Business Correspondent
People are facing cash crisis, as most of the open ATM (automated teller machine) booths have no cash while many banks keeping the booths closed amid fears of looting as police are yet to resume duties fully.

Security concerns gripped the country since August 6 when police officials went for a work abstention, citing fears for their own safety amid reports of deadly attacks on police stations after the resignation and fleeing of former prime minister Sheikh Hasina.

Looting of state houses, offices along with shops began when Sheikh Hasina fled the country after resigning from the post of prime minister on August 5 amid countrywide student protests.

Bankers said some ATMs are out of cash, as the security agencies that carry cash have decided not to provide the service in the current situation.

On August 7, the central bank asked banks not to allow cash withdrawals of more than Tk 1 lakh on August 8 amid lack of safety in the ongoing situation.

BB also asked banks, if possible, to stop money feeding to the branches amid weak security because of absence of police in the streets.



LATEST NEWS
MOST READ
Also read
Berger Paints declares 500pc cash dividend 
Illegal items may get in as BD scraps physical inspection of Pak imports
RAKUB sets Tk 4,100cr loan disbursement target in NW zone
Jibon Bima seeks Ministry's help to recover Tk 126.95cr from Padma Bank
BEA rejects ad hoc committee formation
NRBs can get bank loans up to Tk 10 lakh without collaterals 
Ethiopian Airlines offers B1G1 ticket marking Bangladesh debut
BSEC Chairman's resignation demanded amid market instability
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝