He added that a five-member board was being constituted through a thorough vetting process to ensure it comprised qualified and entirely neutral individuals

The move comes as Islami Bank faces a severe liquidity crisis, with its current account with the central bank falling into a deficit of around Tk 4,000 crore in the past two weeks…

He added that a five-member board was being constituted through a thorough vetting process to ensure it comprised qualified and entirely neutral individuals

The new administrator says he will focus on routine operations as he assumes full board authority