So, the question arises if a merger with this bank will harm the financial health of the profitable Exim Bank. Concerns loom over whether the depositors of the Padma Bank will get their money back. Exim Bank Chairman Nazrul Islam Mazumder said they agreed to the merger because they have a duty to perform for the state. Padma Bank chairman Chowdhury Nafeez Sarafat then left the bank. Under the conventional banking system, Padma Bank is operated with fixed interest rates on lending and deposits.
