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  3. Central Bank dissolves boards of 3 banks linked to S Alam Gr

Central Bank dissolves boards of 3 banks linked to S Alam Gr

Banking 2024-08-27, 11:35pm

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Bangladesh Bank logo



Dhaka, Aug 27 - Bangladesh Bank on Tuesday dissolved and reconstituted the boards of three banks affiliated with the S Alam Group.

These banks are Union Bank, Global Islami Bank, and United Commercial Bank.

The central bank is also preparing another notice concerning UCB. - UNB