The Association of Bankers Bangladesh (ABB) has expressed deep concern over the ongoing instability surrounding Islami Bank. Following a meeting with the Bangladesh Bank governor on Wednesday, ABB Chairman and City Bank Managing Director Masrur Arefin said the situation at Islami Bank is affecting the entire banking sector. The governor reportedly views the issue as not only a banking matter but also a political one and is seeking a resolution through dialogue among stakeholders.

During the meeting, the governor emphasized strict adherence to good governance and urged bank executives not to yield to political pressure. He also directed banks to ensure accurate reporting to the Credit Information Bureau (CIB). Discussions included plans to boost credit growth through a new government and central bank package worth Tk 60,000 crore, aimed at supporting small and medium enterprises under a refinance scheme.

The governor further noted frequent errors and delays in trade data submissions, particularly in import pricing, and advised verifying prices through global platforms before opening letters of credit to prevent financial losses.