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UNB regrets oversight in its news involving Sikder Group


Published : 21 Oct 2024 05:23 PM

A special report released by UNB on October 6 titled ‘Banks hit by liquidity crunch: Limited cash withdrawals spark nationwide frustration’.

In the report, it was mentioned that Bangladesh Bank had imposed restrictions on the sale of assets linked to the Sikder Group as part of measures taken to address the liquidity crisis. This was in fact a factual oversight, as no restriction has been imposed on the sale of assets related to the Sikder Group.