Two port authorities have Tk235cr deposit stuck at Farmers Bank - News Summed Up

Two port authorities have Tk235cr deposit stuck at Farmers Bank


The bank owes Chittagong Port Authority Tk170 crore and the Mongla Port Authority Tk65 crore. According to sources, as of January 15 the deposit at the Farmers Bank stood at around Tk4,500 crore. The state of Chittagong Port Authority depositAccording to sources at the Chittagong Port Authority (CPA), Tk170 crore of the CPA’s fund was deposited at Khatunganj branch of Farmers Bank. The state of Mongla Port Authority depositLike the CPA, Mongla Port Authority (MPA) has Tk65 crore of deposit stuck at Khulna branch of Farmers Bank. The port authorities have sent letters to the Bangladesh Bank and Ministry of Finance expressing their concern over their deposit, said sources.


Source: Dhaka Tribune January 22, 2018 17:15 UTC



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