Five financially troubled Shariah-based private banks have suspended share trading, a day after Bangladesh Bank initiated formal steps to merge them. The five banks involved in the merger are First Security Islami Bank, Global Islami Bank, Union Bank, EXIM Bank, and Social Islami Bank. A day after the administrators assumed control, the suspension of share trading was also confirmed through the Chattogram Stock Exchange (CSE). First Security Islami Bank had about 1.2 billion shares against a paid-up capital of Tk 12.08 billion at the end of October. General investors held a 31.20 percent share, while institutional investors owned 53.37 percent.

Source: bd News24 November 06, 2025 12:33 UTC