The government has approved a draft of the “Deposit Protection Ordinance, 2025”, which will increase the deposit guarantee from Tk 100,000 to Tk 200,000 for bank and financial institution depositors. The move amends the 2000 “Bank Deposit Insurance Act” to include deposit guarantees for financial institutions, which were previously not covered. Shafiqul Alam, press secretary to the chief advisor, said in a media briefing, “Previously, the deposit guarantee was Tk 100,000. These funds will be independent of other Bangladesh Bank funds and managed by a trustee board. The ordinance also outlines that the maximum deposit guarantee will be reviewed every three years.

Source: bd News24 October 09, 2025 14:55 UTC