An alliance representing more than 12,000 depositors of six financially troubled non-bank financial institutions (NBFIs) has called on Bangladesh Bank to take immediate action to ensure the return of their long-pending deposits.
The platform, named the “Alliance of 6 NBFIs Depositors for Recovery,” submitted a memorandum to the central bank governor at its headquarters in Dhaka, highlighting the severe hardship faced by depositors whose funds have remained inaccessible for nearly seven years.
In the memorandum, the alliance described the situation as a growing humanitarian crisis, noting that many depositors are struggling with financial instability and psychological stress. It also pointed out that some individuals have been unable to afford treatment for serious illnesses, including cancer, kidney disease, and heart conditions, due to the unavailability of their savings. According to the group, several affected individuals have already died without receiving necessary medical care.
The alliance emphasised that as the regulatory authority overseeing banks and NBFIs, Bangladesh Bank holds the primary responsibility to protect public deposits and restore confidence in the financial sector.
To address the crisis, the depositors put forward three key demands. They called for an immediate and clear roadmap outlining how the funds will be returned, aligned with the previously announced July 2026 deadline.
They also urged the introduction of an effective mechanism to prioritise repayments to individual depositors, particularly those in urgent need.
Additionally, the group requested a formal meeting with the central bank governor, proposing that a small delegation of depositors be allowed to present their concerns directly.
The alliance expressed hope that Bangladesh Bank would take swift and compassionate measures to resolve the issue and ensure that affected depositors regain access to their savings without further delay.
