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Islami Bank’s new head urges depositors to keep faith in the bank

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

Raccontata dathedailystar.netbdnews24.com

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AI · summaries
thedailystar.netStai leggendo2 g fa

Islami Bank’s new head urges depositors to keep faith in the bank

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

originale
bdnews24.com1 g fa

Restoring depositor confidence tops agenda at Islami Bank, says Jahir Hossain

Bangladesh Bank dissolved Islami Bank's board and appointed executive director Mohammad Jahir Hossain as chairman to restore depositor confidence in the country's largest private commercial bank. The regulatory intervention signals acute governance crisis in the banking sector, highlighting systemic risks requiring immediate institutional stabilization.

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Timeline cronologica

  1. domenica 14 giugno 2026·thedailystar.net

    BB dissolves Islami Bank board, appoints administrator

    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…

  2. lunedì 15 giugno 2026·thedailystar.net

    Islami Bank’s new head urges depositors to keep faith in the bank

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

  3. lunedì 15 giugno 2026·bdnews24.com

    Restoring depositor confidence tops agenda at Islami Bank, says Jahir Hossain

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