Padma Bank merges with Exim Bank
Exim Bank and Padma Bank signed a memorandum of understanding (MoU) on Monday to initiate a merger. The signing ceremony was held at the Bangladesh Bank, as the central bank Governor Abdur Rouf Talukdar was the chief guest. Exim Bank Managing Director Mohammad Feroz Hossain and Padma Bank Managing Director Tarek Riaz Khan signed the MoU in the presence of Exim Bank Chairman Md Nazrul Islam Majumdar and Padma Bank Acting Chairman Md Afzal Karim. Bangladesh Bank deputy governors, managing directors of state-owned banks (Janata Bank, Agrani Bank, Rupali Bank), and representatives from the Investment Corporation of Bangladesh, various Bangladesh Bank departments, Exim Bank and Padma Bank also attended the event.
Exim Bank and Padma Bank signed a memorandum of understanding (MoU) on Monday to initiate a merger.
FE Team | Published: March 18, 2024 22:27:56
Exim Bank and Padma Bank signed a memorandum of understanding (MoU) on Monday to initiate a merger.
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