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Union Bank inks liquidity support agreement with BB

Published : Wednesday, 2 October, 2024 at 12:00 AM  Count : 114
 
Shariah-based Union Bank PLC, under the leadership of its newly established Board of the Directors, has recently signed a Liquidity Support Fund Agreement with Bangladesh Bank, says a press release.

As a result, liquid assets will soon become accessible. Over the past three days, there has been a significant increase in new deposit accounts and bank deposits, along with promising loan collections.
Overall, the bank is making a strong recovery, providing reassurance to its customers and positively impacting the banking arena.



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