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Bangladesh forms committee to merge five Sharia banks into one to combat mismanagement.
The Bangladesh government has formed an eight-member committee to merge five Sharia-based banks into one, aiming to create a stronger Islamic bank with a capital of Tk35,000 crore.
Led by Deputy Governor Md Kabir Ahmmod, the committee seeks to address mismanagement and corruption.
Finance Adviser Dr Salehuddin Ahmed assured the public that depositors' money will be safe during the merger and announced plans to sign an Economic Partnership Agreement with Japan.
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Bangladesh forma un comité para fusionar cinco bancos de Sharia en uno para combatir la mala gestión.