Padma Bank

Padma Bank MD resigns

NRB Bank appoints him as MD after that

No more bank merger proposals for now: BB

Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.

Merger of banks: Who wins, who loses?

Initially, it is the general stock investors who might be at the receiving end of the process while the loan defaulters, whose misdeeds are largely responsible for Padma Bank’s current misfortunes, might come out victorious.

Hasty bank mergers to bring no good

Both banks are weak as per a Bangladesh Bank health index of banks and it is very difficult to get any positive result by merging two weak banks, said Fahmida Khatun, executive director of the Centre for Policy Dialogue.

Exim-Padma Bank merger to take at least 18 months

The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.

Exim Bank, Padma sign MoU for merger

The MoU will open the process of merger

Analysis / Can mergers heal banking sector’s wounds?

The news that Shariah-based Exim Bank is going to merge with troubled commercial lender Padma Bank has taken the financial sector of Bangladesh by surprise.

Padma Bank to merge with EXIM Bank: official 

Padma Bank, which has been struggling with the burden of toxic loans for years, will merge with EXIM Bank. It will be the first bank merger in Bangladesh

Padma Bank Chairman Chowdhury Nafeez Sarafat resigns

Bangladesh Bank today accepted his resignation letter.

April 23, 2024
April 23, 2024

Padma Bank MD resigns

NRB Bank appoints him as MD after that

April 16, 2024
April 16, 2024

No more bank merger proposals for now: BB

Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.

March 24, 2024
March 24, 2024

Merger of banks: Who wins, who loses?

Initially, it is the general stock investors who might be at the receiving end of the process while the loan defaulters, whose misdeeds are largely responsible for Padma Bank’s current misfortunes, might come out victorious.

March 24, 2024
March 24, 2024

Hasty bank mergers to bring no good

Both banks are weak as per a Bangladesh Bank health index of banks and it is very difficult to get any positive result by merging two weak banks, said Fahmida Khatun, executive director of the Centre for Policy Dialogue.

March 19, 2024
March 19, 2024

Exim-Padma Bank merger to take at least 18 months

The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.

March 18, 2024
March 18, 2024

Exim Bank, Padma sign MoU for merger

The MoU will open the process of merger

March 17, 2024
March 17, 2024

Can mergers heal banking sector’s wounds?

The news that Shariah-based Exim Bank is going to merge with troubled commercial lender Padma Bank has taken the financial sector of Bangladesh by surprise.

March 14, 2024
March 14, 2024

Padma Bank to merge with EXIM Bank: official 

Padma Bank, which has been struggling with the burden of toxic loans for years, will merge with EXIM Bank. It will be the first bank merger in Bangladesh

January 31, 2024
January 31, 2024

Padma Bank Chairman Chowdhury Nafeez Sarafat resigns

Bangladesh Bank today accepted his resignation letter.

October 8, 2023
October 8, 2023

Can a defaulter prevail over the government?

Why has no investigation taken place to explore on which grounds and for whose benefit the lion’s share of the climate fund was deposited in the Farmers Bank?

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