'Deposit Protection Ordinance to ensure economic stability, protect depositors' interests' | News

DHAKA, Oct 9, 2025 (BSS) - The government today approved the Deposit Protection Ordinance, 2025 that aimed at ensuring economic stability and protecting the interests of the depositors in the country. The advisory council gave the approval to the draft of the ordinance at its meeting at the Chief Adviser's Office (CAO) in the city with Chief Adviser Professor Muhammad Yunus in the chair. "The new ordinance will be regarded as a landmark law for ensuring financial stability and protecting the interests of depositors," Chief Adviser's Press Secretary Shfiqul Alam said at a briefing at the Foreign Service Academy here this afternoon after the advisory council meeting. Under the previous Bank Deposit Insurance Act, 2000, the maximum insured amount for...