‘5 merged banks depositors likely to access to funds’   

BSS
Published On: 05 Nov 2025, 19:08

DHAKA, Nov 5, 2025 (BSS) - Bangladesh Bank (BB) Governor Ahsan H Mansur today said that  depositors of the five-merged banks are likely to get access to their funds within a month.

“We have started officially a significant resolution process involving five commercial banks, marking the commencement of a planned merger intended to strengthen the country's banking system,” he said while speaking at a press conference at the Bangladesh Bank headquarters in the city. 

The payment of other depositors and institutional depositors will be clarified later, he added.

However, the governor urged depositors to only withdraw what is necessary, assuring them that the resulting entity will be a stronger bank.

Depositors will get market-based interest rates on deposits, he also said.

"Shareholders will not get compensation as net asset value against Tk10 face value became a negative maximum Tk450 of each bank," he said.

As a result, he said, share value is considered as zero value for both sponsor shareholders and retail shareholders.

The governor assured that employees of five banks will not lose their jobs at this time.

The bank will be run by the government but each bank will operate as a private bank until the final merger into one bank, the governor said.
 

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