Exim Bank
Nazrul Islam Mazumder removed from Exim Bank board
BB forms new five-member board for Exim, keeping three shareholder directors unchanged
Banks asked to freeze accounts of Exim Bank chairman, wife
The anti-money laundering agency instructed the lenders to keep the accounts frozen for the next 30 days
All that is wrong with the proposed bank mergers
Mergers cannot be based on the arbitrary decisions of authorities. This amounts to an imposition of the liability of poor banks on well performing banks.
Exim Bank’s profit dropped 9.4% in 2023
Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
No more bank merger proposals for now: BB
Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.
Merger of banks: Who wins, who loses?
Initially, it is the general stock investors who might be at the receiving end of the process while the loan defaulters, whose misdeeds are largely responsible for Padma Bank’s current misfortunes, might come out victorious.
Hasty bank mergers to bring no good
Both banks are weak as per a Bangladesh Bank health index of banks and it is very difficult to get any positive result by merging two weak banks, said Fahmida Khatun, executive director of the Centre for Policy Dialogue.
Exim-Padma Bank merger to take at least 18 months
The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.
Exim Bank, Padma sign MoU for merger
The MoU will open the process of merger
Nazrul Islam Mazumder removed from Exim Bank board
BB forms new five-member board for Exim, keeping three shareholder directors unchanged
Banks asked to freeze accounts of Exim Bank chairman, wife
The anti-money laundering agency instructed the lenders to keep the accounts frozen for the next 30 days
All that is wrong with the proposed bank mergers
Mergers cannot be based on the arbitrary decisions of authorities. This amounts to an imposition of the liability of poor banks on well performing banks.
Exim Bank’s profit dropped 9.4% in 2023
Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
No more bank merger proposals for now: BB
Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.
Merger of banks: Who wins, who loses?
Initially, it is the general stock investors who might be at the receiving end of the process while the loan defaulters, whose misdeeds are largely responsible for Padma Bank’s current misfortunes, might come out victorious.
Hasty bank mergers to bring no good
Both banks are weak as per a Bangladesh Bank health index of banks and it is very difficult to get any positive result by merging two weak banks, said Fahmida Khatun, executive director of the Centre for Policy Dialogue.
Exim-Padma Bank merger to take at least 18 months
The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.
Exim Bank, Padma sign MoU for merger
The MoU will open the process of merger
Can mergers heal banking sector’s wounds?
The news that Shariah-based Exim Bank is going to merge with troubled commercial lender Padma Bank has taken the financial sector of Bangladesh by surprise.
