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Tuesday। 7 July। 2026
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Shariah-Based-Banks

7.5M Customers Trapped in Crisis at Merged Islamic Bank
7.5M Customers Trapped in Crisis at Merged Islamic Bank
Eight months after the launch of Consolidated Islami Bank through the merger of five Shariah-based banks crippled by large-scale looting and irregularities, millions of depositors and businesses remain in distress. The government's decision initially raised hopes among customers and businesses, but those expectations have largely faded. While depositors have received up to Tk 200,000 from their accounts, there is no clarity on when they will receive the remainder. Businesses, meanwhile, c...
Money•07 July 2026