DHAKA -- Businessman Abul Kalam Azad has deposited his money at Basic Bank in Dhaka for years, trusting that the state-owned lender was a secure place to park his savings.
Finance
Bangladesh banks in liquidity crisis, hit by forced merger plan
Institutions saddled with bad loans and fraud claims, leading authorities to downsize sector
Depositors across Bangladesh are yanking savings out of the country's crisis-hit banks, despite official assurances that deposits are safe. (Nikkei montage / Source photos by Reuters and AFP/Jiji)
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