Five shariah-based banks to be merged soon: BB governor

BSS
Published On: 15 Jun 2025, 19:25
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur -File Photo

DHAKA, June 15, 2025 (BSS) - Bangladesh Bank (BB) Governor Dr Ahsan H Mansur today said that the process of merging five shariah-based banks that are struggling financially is at its final stage assuring no employees would lose their jobs as a result of this merger.

"Five Islamic banks are expected to complete the merger within the next few months. Employees had no reason to worry," he said while speaking at a press conference held at the central bank's boardroom in the city.

The five banks are First Security Islami Bank, Global Islami Bank, Union Bank, Social Islami Bank and EXIM Bank. 

Mansur expected that the next government to continue this process as it is an ongoing process. 

  • Latest
  • Most Viewed
Erdogan's wife calls on Melania Trump to speak up for Gaza's children
South Africa pushes for Putin-Zelensky meeting
Son scores first MLS goal as LAFC draw 1-1 with Dallas
Netanyahu rival offers political truce to help secure Gaza hostage deal
Russia claims more Ukraine land as hopes for summit fade
Nigeria says killed over 35 jihadists near Cameroon border
'Far too late': Palestinians despair after UN declares famine in Gaza
France begin Women's Rugby World Cup with hard-fought win over Italy
Barca complete late comeback win as Atletico drop more points in Liga
Argentina stun All Blacks with historic 29-23 upset win
১০