Sammilito Islami Bank begins operating as single entity
State-owned Sammilito Islami Bank PLC, formed by merging five private Shariah-based banks, officially commenced operations under a single management on Sunday. With this, Sammilito Islami Bank has established full control over Exim Bank, First Security Islami Bank, Global Islami Bank, Union Bank, and Social Islami Bank. Recently, Bangladesh Bank withdrew administrators from Global Islami Bank...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
