Shariah-based banks
Dressing Up Balance Sheets / Four more Islamic banks take BB emergency loans
Four more shariah-based banks have been found to have taken emergency funds, which are usually taken during extraordinary circumstances, in an attempt at dressing up their balance sheet for last year.
Special liquidity facility launched for Islamic banks
Bangladesh Bank has come up with a new arrangement named “Islamic Bank Liquidity Facility”, under which the country’s shariah-based banks can now take short-term loan, a first of its kind in the banking sector.
Four more Islamic banks take BB emergency loans
Four more shariah-based banks have been found to have taken emergency funds, which are usually taken during extraordinary circumstances, in an attempt at dressing up their balance sheet for last year.
Special liquidity facility launched for Islamic banks
Bangladesh Bank has come up with a new arrangement named “Islamic Bank Liquidity Facility”, under which the country’s shariah-based banks can now take short-term loan, a first of its kind in the banking sector.