The bank was created through the merger of five troubled Islamic banks

Today, fresh Tk 350 crore liquidity support approved for the to-be-merged banks, taking the total to Tk 35,300 crore

BB governor says at the signing of a deal with the Gates Foundation’s Mojaloop

AB Bank’s bad loans have ballooned to an unprecedented level, with nearly 84 percent of its total loans in default, a sign of severe financial distress caused by years of irregularities at the country’s first private commercial lender.

The governor speaks at Mastercard Excellence Awards 2025

No other bank in the country has come close to this scale of financial damage.

Private lender AB Bank has urged Bangladesh Bank (BB) to provide an additional Tk 2,000 crore in liquidity support to cope with increasing deposit withdrawals amid an asset quality review and the merger of five other commercial banks.

Standard Bank is mired in internal conflict as its bad loans rise to nearly a third of total lending, exposing governance problems at the shariah based lender already under scrutiny by the central bank, show documents. 

The centrepiece of the reform package is the abolition of a category that designates state-owned lenders as "specialised banks"

The facility will remain valid until March 31, 2026

They were involved in money laundering and illegal fund transfers by the bank’s former chairman and family members

The OBUs can now extend loans through authorised dealers of other banks also

The relaxed LC margin facility will remain effective until March 31, 2026

Sammilito Islami Bank, the proposed largest shariah-based state-owned bank set to be formed through the merger of five troubled banks, got the preliminary approval from the Bangladesh Bank yesterday.

Tk 20,000 crore set aside for the bank, merging five troubled lenders

The draft Payment System Operator Regulations seek feedback from banks, fintech firms

The central bank governor says about the to-be-merged banks

Biggest banking shakeup in motion

They will not get any share in the new bank

Once the new bank is launched, depositors will get a maximum of Tk 2 lakh from the deposit insurance fund.