Depositors Face Two-Year Profit “Haircut” in Merger
In a move that aligns with stringent international bank resolution protocols, Bangladesh Bank has mandated a significant financial “haircut” for depositors of five struggling Sharia-based lenders. Under this new directive, customers will forfeit all accrued profits for the years 2024 and 2025. This measure is a critical component of the forced merger of these institutions […]
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