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ICB faces Tk140cr loss due to merger of five banks

ICB faces Tk140cr loss due to merger of five banks

ICB Faces Significant Losses After Bank Mergers Amidst a challenging financial landscape characterized by erratic capital markets and lackluster investment opportunities, the state-owned Investment Corporation of Bangladesh (ICB) has encountered another setback. Approximately Tk 140 million in investments from five banks has been lost following a merger. Sources indicate that ICB invested around Tk 120 […]