BB board approves the closure of nine non-banking institutions
The governor announced that the government has verbally consented to allocate 5,000 kronor for payments to depositors. Additionally, Samirit Islamic Bank has received its license. Bangladesh Bank is progressing towards liquidating nine struggling non-bank financial institutions (NBFIs). Their board recently approved the liquidation under the newly established Bank Resolution Ordinance 2025, which marks the country’s […]