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Bangladesh Bank says only 10 public and private banks will merge

Dhaka, April 15 -- Bangladesh Bank has decided not to approve any mergers aside from the 10 public and private banks which are voluntarily proposing mergers. If new mergers are necessary, the experie... Read More


New currency notes available on streets ahead of bank distribution

Dhaka, March 29 -- Bangladesh Bank has announced the release of new currency notes from 80 bank branches, both public and private, on the occasion of Eid-ul-Fitr. However, reports have emerged of sea... Read More


Merger with Padma Bank: What's in it for Exim Bank?

Dhaka, March 16 -- In the swirling uncertainties of Bangladesh's banking sector, debt scam-ridden Padma Bank is unable to repay depositors, with its accumulated losses climbing close to Tk 10 billion.... Read More


Bangladesh is eyeing mergers to bail out debt-ridden banks. Is the plan viable?

Dhaka, Feb. 13 -- Prime Minister Sheikh Hasina recently announced plans to merge the struggling Padma Bank with another banking institution to protect its customers and stabilise the financial sector.... Read More