Bangladesh Bank has officially withdrawn the administrator appointed to Social Islami Bank. This decision follows the central bank's move to hand over the management responsibilities of five Shariah-based financial institutions to Sammilito Islami Bank.
Economy
Bangladesh Bank withdraws administrator from Social Islami Bank
The central bank has removed the administrator from Social Islami Bank as part of a broader decision to transfer management of five Shariah-based banks to Sammilito Islami Bank.
Source: TBS Bangladesh