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Sammilito Islami Bank

BB calls meeting with administrators of merged SIB
BB calls meeting with administrators of merged SIB

The meeting comes amid reports that constituent banks of the merged entity are seeking to withdraw

Customers lock Ctg merged banks in protest
Customers lock Ctg merged banks in protest

One of the banks says no withdrawals can be made before 2028, a customer claims

Sammilito Islami Bank head Ayub Mia resigns
Sammilito Islami Bank head Ayub Mia resigns

The move leaves the state-owned Shariah-based bank without a chairman or a managing director

Forensic audit lined up for Sammilito Bank: BB
Forensic audit lined up for Sammilito Bank: BB

All staff from the five merged banks will join the new bank except those facing allegations, he says

Sammilito Bank records Tk 1.07bn withdrawals
Sammilito Bank records Tk 1.07bn withdrawals

The largest withdrawals come from Exim Bank, amounting to Tk 660 million

Merged banks: Depositors begin withdrawing funds
Merged banks: Depositors begin withdrawing funds

It marks a cautious return of liquidity after a prolonged period of financial distress for the troubled banks

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Editor-in-Chief and Publisher: Toufique Imrose Khalidi
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