Bangladesh Bank withdraws administrator from Social Islami Bank

The central bank has removed the administrator from Social Islami Bank as part of a broader decision to transfer management of five Shariah-based banks to Sammilito Islami Bank.

Bangladesh Bank withdraws administrator from Social Islami Bank

Bangladesh Bank has officially withdrawn the administrator appointed to Social Islami Bank. This decision follows the central bank's move to hand over the management responsibilities of five Shariah-based financial institutions to Sammilito Islami Bank.

#Bangladesh Bank#Social Islami Bank#Banking Sector