Bank mergers: lessons for a sucker in despair

Sajjad Zohir | The Financial Express | 18 May, 2024 |   Only a few days or weeks before the Bangladesh Bank (BB) issued the April 4, 2024 circular, introducing guidelines for both voluntary and compulsory mergers, the Chairman of the ailing Padma Bank, M. Nafeez Sarafat resigned. Under a new Acting Vice Chairman, Afzal Karim, Padma Bank signed an MOU with Exim Bank in March 2024. Thus, the Prime...

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