Banks merger

BB plans to merge five Islamic banks

Bangladesh Bank plans to merge five troubled Islamic banks in what could be the country’s largest financial sector consolidation in recent memory. The formal merger process will begin in July and is expected to be completed by October 15, according to officials familiar with the plan.

June 5, 2025
June 5, 2025

BB plans to merge five Islamic banks

Bangladesh Bank plans to merge five troubled Islamic banks in what could be the country’s largest financial sector consolidation in recent memory. The formal merger process will begin in July and is expected to be completed by October 15, according to officials familiar with the plan.