Dhaka, Sept. 10 -- The government has constituted an eight-member working committee to oversee the planned merger of five Shariah-based banks.
Following a meeting held on Monday at the Financial Institutions Division of the Ministry of Finance, an official order was issued on Tuesday confirming the formation of the committee.
The committee has been tasked with preparing an action plan to implement the merger of First Security Islami Bank, Global Islami Bank, Union Bank, EXIM Bank, and Social Islami Bank.
The body will be led by Bangladesh Bank Deputy Governor Md Kabir Ahmmod, who will serve as convener.
Other members include Finance Division Joint Secretary Mohammad Rashedul Amin, Deputy Secretary Farid Ahmed, Financial Institutions Div...