The advisory council of the interim government on Thursday approved the plan to merge five troubled Shariah-based banks into a single state-owned Islamic bank to restore financial discipline and stability in the country鈥檚 banking sector.
Bangladesh Bank has finalised five proposed names as administrators for Islamic banks that are under consideration for a merger.
British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a multi-billion-dollar merger, creating a champion of copper production and other critical minerals...
The government has approved a consolidation plan for five struggling Shariah-based banks, agreeing to provide budgetary support of about Tk 20,200 crore to carry out the merger...
Global Islami Bank on Thursday agreed to join Bangladesh Bank鈥檚 ongoing merger initiative, becoming the third private lender to consent after First Security Islami Bank and Union Bank...
Union Bank has agreed to join the ongoing bank merger initiative following First Security Islami Bank...
First Security Islami Bank (FSIB) on Tuesday expressed support for Bangladesh Bank鈥檚 plan to its merger with other banks...
Bangladesh Bank has decided to issue show cause notices to five Shariah-based banks, asking why they should not be merged amid their worsening financial condition...
Nissan shares plunged on Wednesday as reports said the struggling Japanese carmaker was walking away from merger talks with rival Honda...
Japanese auto giants Honda and Nissan are in preliminary merger talks, media reports said Wednesday...
Depositors are withdrawing funds due to concerns about the safety of their money in the wake of merger decisions, exacerbating the financial woes of...
Transparency International Bangladesh in a statement on Tuesday said that the arbitrary announcement of certain bank mergers, coupled with concerns among well-performing banks involved in the process and unwillingness of some underperforming banks, had worsened anxiety, unrest, and uncertainty within the banking sector.....
FOR the last couple of months, mergers and acquisitions of banks have been the talk of the town. Many developments in the banking sector have been coming to the fore at regular intervals, thanks to the...
The Bangladesh Bank has decided not to accept any further proposals for bank mergers at the moment, as it has already received five proposals for mergers, according to a senior official of the central bank...
The Bangladesh Bank on Thursday issued a guideline, specifying the process, requirements and its policy or liquidity support for successful bank mergers...
