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June 16, 2026
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Five Bangladeshi banks set to merge after widespread loan defaults

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Five Bangladeshi banks set to merge after widespread loan defaults
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Five Bangladeshi banks set to merge after widespread loan defaults

By FIA Staff October 20, 2025

After a deluge of defaults, a new state-owned bank called United Islamic Bank is set to emerge out of the five banks, with the plan to privatise them over time.  

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