Bangla Press Desk: Bangladesh Bank Governor Ahsan H Mansur announced that the merger of five private sector Islamic banks is at the final stage, assuring that no employee would lose their job due to the process.
Speaking to a group of journalists at the Bangladesh Bank Boardroom on Sunday, the governor said, "This merger has no connection with the elections. It is an ongoing process. We hope the next government will continue to advance this process. However, we will not wait for the elections; the five Islamic banks will be merged within the next few months."
The five banks set to be merged are First Security Islami Bank, Global Islami Bank, Union Bank, Social Islami Bank, and EXIM Bank.
Mansur emphasised that employees had no reason to worry, while some branches might be reorganised if necessary. "For banks with a higher concentration of branches in urban areas, initiatives may be taken to relocate some branches to rural areas."
Merger of five Islamic banks at final stage: BB Governor
Banglapress
Published: 23 September 2025, 10:25 AM
Bangla Press Desk: Bangladesh Bank Governor Ahsan H Mansur announced that the merger of five private sector Islamic banks is at the final stage, assuring that no employee would lose their job due to the process.
Speaking to a group of journalists at the Bangladesh Bank Boardroom on Sunday, the governor said, "This merger has no connection with the elections. It is an ongoing process. We hope the next government will continue to advance this process. However, we will not wait for the elections; the five Islamic banks will be merged within the next few months."
The five banks set to be merged are First Security Islami Bank, Global Islami Bank, Union Bank, Social Islami Bank, and EXIM Bank.
Mansur emphasised that employees had no reason to worry, while some branches might be reorganised if necessary. "For banks with a higher concentration of branches in urban areas, initiatives may be taken to relocate some branches to rural areas."
[Bangla Press is a global platform for free thought. It provides impartial news, analysis, and commentary for independent-minded individuals. Our goal is to bring about positive change, which is more important today than ever before.]
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