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The White Paper terms 10 crisis-hit banks, mostly Shariah-based banks, as technically bankrupt and illiquid. A banking system can only be protected by its capital and liquidity in a distressed ...
Politically-influenced lending practices deepened the banking sector crisis, with distressed assets (as of June 2024) equivalent to the cost of constructing 14 Dhaka Metro systems or 24 Padma Bridges, ...