The Finance Ministry has said that the government is seriously examining the interests of investors in the process of merging the five Islamic banks.
This information was shared in a notification signed by Gazi Towhidul Islam, public relations officer of the Finance Ministry on Monday.
The notification said that a vested interest group is recently spreading rumors on social media that investors will be harmed in the process of 'merging the five Islamic banks'. The matter has come to the notice of the government. The government has not taken any decision that would harm the interests of investors. The government is seriously examining the interests of investors in the process of merging the banks.
The matter is completely rumored and baseless. Everyone is requested to be careful about such misleading rumors,’ the notification said.
As per the decision of the central bank, a new state-owned bank will be formed by merging First Security Islami Bank, Social Islami Bank, Global Islami Bank, Union Bank and Exim Bank.
The proposed name for the new bank is ‘Inter United Islami Bank’ or ‘Sammilit Islami Bank Limited PLC.’
Earlier, on October 9, the Advisory Council had approved in principle the proposal to form a new Sharia-based bank by merging five troubled Islamic banks in the private sector. The meeting of the Advisory Council held at the office of the Chief Advisor was presided over by Chief Advisor Professor Muhammad Yunus.
Bd-pratidin English/Lutful Hoque
