26,000 Sammilito Islami Bank Customers Withdraw Tk 1,040 Crore in 3 Days

🏦 Dhaka, Bangladesh — A total of 26,056 customers of Sammilito Islami Bank have withdrawn Tk 1,040 crore over three days since the repayment programme began on 7 September 2026, with fresh funds continuing to flow into the bank alongside customer repayments.

📊> On 9 September alone, 10,697 customers withdrew Tk 381 crore. Since the repayment programme began, the cumulative withdrawal data is:

• 📅 Day 1 (7 Sept): 8,125 customers withdrew Tk 319 crore
• 📅 Day 2 (8 Sept): 7,234 customers withdrew Tk 340 crore
• 📅 Day 3 (9 Sept): 10,697 customers withdrew Tk 381 crore
• 📊 3-day total: 26,056 customers, Tk 1,040 crore

📊> Application vs Withdrawal: 31.5% Paid

📊> Overall, 58,745 customers applied between 1 and 3 September to withdraw a total of Tk 3,304 crore. Against these applications, 26,056 customers withdrew Tk 1,040 crore between 7 and 9 September.

📊> This means around 31.5% of the amount applied for has so far been paid to customers.

💰> Fresh Inflows Continue Alongside Repayments

📊> Crucially, fresh funds have continued to flow into the bank alongside repayments:

• 📅 7 September: Tk 93 crore cash + Tk 51 crore RTGS/BFTN/clearing = Tk 141 crore inflow
• 📅 8 September: Tk 90 crore cash + Tk 105 crore RTGS/BFTN/clearing = Tk 195 crore inflow
• 📊 Total 2-day inflow: Tk 336 crore

📊> Transaction volumes:

• 📅 7 September: 16,600 transactions completed (cash + other channels)
• 📅 8 September: 16,050 transactions completed

💬> Bank: Repayments Per Applications, Normal Operations Continue

💬> The bank authorities said funds continue to flow into the bank alongside customer repayments. Regular transactions through personal accounts are continuing as normal and will remain operational.

💬> The bank also said repayments are being made according to customers’ applications. A significant number of customers are withdrawing their funds every day, while the flow of funds into the bank and normal banking operations continue.

🌏> Strategic Context: Sammilito Islami Bank Resolution

📊> For Bangladesh’s banking sector, the Sammilito Islami Bank withdrawal data provides important signals:

• 📊 31.5% payout ratio — moderate, not a bank run
• 📊 58,745 applicants out of 7.6M depositors — only 0.77% applied to withdraw
• 📊 Tk 3,304cr applied out of Tk 1.42 lakh crore total deposits — only 2.3%
• 💰 Tk 1,040cr paid out of Tk 5,000cr BB allocation — 20.8% used
• 💰 Fresh inflows continuing — Tk 336cr in 2 days signals confidence
• 📊 Normal operations maintained — personal account transactions running smoothly

📈> Comparison with Previous Milestones

📊> The 3-day withdrawal data follows earlier milestones:

• 📊 4-day application period (1-6 Sept): 74,221 customers applied for Tk 3,925cr
• 📊 First day repayment (7 Sept): 6,000 customers received Tk 2.5b (Tk 250cr)
• 📊 3-day cumulative (7-9 Sept): 26,056 customers, Tk 1,040cr

📋> Implications for Bangladesh Banking Sector

📊> The Sammilito Islami Bank repayment progress has several implications:

• ✅ Stabilization signal — organized repayment without panic
• 💰 BB allocation sufficient — Tk 5,000cr covers Tk 3,304cr applications
• 📊 Depositor confidence — 99.23% of depositors did NOT apply to withdraw
• 📊 Fresh deposits — Tk 336cr inflow shows continued trust
• 📊 Government backing — state ownership provides confidence
• 📊 Merger model validation — 5-bank merger approach working

✅> For Bangladesh’s broader banking sector, the Sammilito Islami Bank repayment data demonstrates that the government’s strategy of merging 5 troubled Shariah banks into a single state-owned entity is working as planned. The organized repayment process — with 31.5% of applied funds paid out in 3 days, fresh inflows continuing, and 99.23% of depositors retaining their funds — signals that the bank is stabilizing without triggering panic or systemic risk.

🌏> For the broader economy, the successful repayment process removes a significant source of financial sector risk and validates the government’s approach to resolving legacy banking problems inherited from the previous administration. As the remaining Tk 2,264 crore (Tk 3,304cr applied minus Tk 1,040cr paid) is disbursed in the coming days, the banking sector can focus on the broader reform agenda — including NPL recovery, state bank restructuring, and the Section 18A repeal — that will determine the long-term health of Bangladesh’s financial system.