June 17, 2026
The central bank appointee says he will focus on operational matters while steering the bank
The move follows growing protests by customers over difficulties accessing deposits and concerns over the bank’s management
One of the banks says no withdrawals can be made before 2028, a customer claims
“We wanted to submit a memorandum to the governor, but we were not allowed to,” says Alif Reza, convener of the protest
It marks a cautious return of liquidity after a prolonged period of financial distress for the troubled banks
The governor says the new Shariah-based bank will operate privately despite state ownership
