News update
  • Sewage, trash, disease overwhelm displaced communities in Gaza     |     
  • World leaders rally for ‘full-speed’ climate action ahead of COP30     |     
  • Chel Snakehead: A Fish That Time Forgot, Rediscovered     |     
  • Investment Summit Touts Bangladesh’s FDI Promise     |     
  • World Bank Cuts South Asia Growth Forecast     |     
  1. Home
  2. Banking
  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

bangladesh-bank-logo-5c171c3941ac41eb056d0b84c7e7dea01724780144.jpg

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