Sinking State of Bangladesh: Idiotic Musings

[Cheepek]

so where is the cash in their system going, cupboards and mattresses in households?

To re-capitalise banks

 

[Spacemarine]

He is now aiming for NOBEL PEACE PRIZE and is more bothered with Ukraine War and other Vishwa-goru ambitions.
Personally I feel BJP Bengal should break away from BJP, and run a parallel BJP (much like how Subhas ran Congress when he was having that spat with half-naked fake-saint from Congress)

The policy was always wait and watch , action comes after that only, most of the time Modi govt wishes they dont have to take any action from the way they behaved in-past.

Economically India can choke BD 100 times over but I suppose the way Modi behaves more than human rights India govt is going to take position of free and fair elections.

But Visas other than medical ones are being restricted there is a nominal upcharge on Indian exports too, lets see if India govt keeps increasing prices and also doesn’t extend credit lines and debt repayments

 

[sameer]

Notice how this behaviour is common in muslim countries where painting/pasting Israeli/American/Indian flags on ground for no reason is considered an achievement as if it is damaging them in any form.

View: https://x.com/hindu8789/status/1861831590760124605

Quite common in muzzie nations.

In this case though malaun lungis are at least desecrating the right flags.

Pakis accidentally burned the swiss flag instead of the swedish flag last year.

Pakistan clerics mistakenly set fire to Swiss flag to protest Quran burning in Sweden

Quran burning in Sweden: Protests against Quran desecration by a Danish-Swedish far-right extremist in Sweden have swept through parts of Pakistan. Now, a video shows enraged Muslim clerics mistakenly setting fire to the national flag of Switzerland aside from the Stars and Stripes of the USA in...

www.timesnownews.com

 

[ezsasa]

To re-capitalise banks

their central bank is recapitalising banks because they don't have sufficient deposits. there must be a reason why public is not depositing their cash in these banks, and this cash must be going somewhere right now.

 

[FalconSlayers]

their central bank is recapitalising banks because they don't have sufficient deposits. there must be a reason why public is not depositing their cash in these banks, and this cash must be going somewhere right now.

They claim to have $150 billion in deposits which is pretty big given their consumption numbers.

 

[Cheepek]

their central bank is recapitalising banks because they don't have sufficient deposits. there must be a reason why public is not depositing their cash in these banks, and this cash must be going somewhere right now.

Public not depositing- because banks are failing and there are various curbs on different banks for withdrawal of money

And the cash is not going anywhere now, policy rates are in double digits, the cash has already gone

 

[ezsasa]

Public not depositing- because banks are failing and there are various curbs on different banks for withdrawal of money

And the cash is not going anywhere now, policy rates are in double digits, the cash has already gone

got it.. five of six are registered as islamic banks.





https://www.bb.org.bd//pub/quaterly/schbanksta/sbs_april_june_2024.pdf

and these fellows gave out loans recently, more than what they usually do.

Islamic banks’ liquidity plummets 77% in 3 months

Liquidity at Islamic banks in Bangladesh has decreased drastically, deepening a lingering cash crunch at the crisis-hit Shariah-based banks.

www.thedailystar.net

 

[Cheepek]

got it.. five of six are registered as islamic banks.



View attachment 16848

https://www.bb.org.bd//pub/quaterly/schbanksta/sbs_april_june_2024.pdf

and these fellows gave out loans recently, more than what they usually do.

Islamic banks’ liquidity plummets 77% in 3 months

Liquidity at Islamic banks in Bangladesh has decreased drastically, deepening a lingering cash crunch at the crisis-hit Shariah-based banks.

www.thedailystar.net

The governor ought to handle this issue more clinically, but he went strictly according to book and now things will start piling up real quick.

++ Its not just Islami banks, even state banks are sitting at huge NPAs

 

[ezsasa]

The governor ought to handle this issue more clinically, but he went strictly according to book and now things will start piling up real quick.

at a time when mobs are ruling the streets with no elected gormint in place, which public official would risk his life.

 

[Azaad]

at a time when mobs are ruling the streets with no elected gormint in place, which public official would risk his life.

Seems like loan melas like it was in the time of IG is in place. Deep State or whoever it is Yunus is fronting is either distributing largesse to buy support or it's a get rich while you can scheme before accountability sets it or worse take whatever you can before the ship sinks.

Given all these banks are Islamic banks hope the beneficiaries aren't the Islamic parties or their fronts , for it sure looks like it.