Shares of Al-Arafah Islami Bank surged 7.45 percent after the banking regulator reconstituted the bank's board of directors with representatives of its founding sponsors

The Bangladesh Bank has dissolved the board of directors of Al-Arafah Islami Bank PLC and reconstituted it with representatives of the bank's founding sponsors, marking the return…

Shares of Al-Arafah Islami Bank surged 7.45 percent after the banking regulator reconstituted the bank's board of directors with representatives of its founding sponsors