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Boards of three banks affiliated with S Alam Group dissolved

These banks are Union Bank, Global Islami Bank, and United Commercial Bank

Update : 27 Aug 2024, 11:01 PM

Bangladesh Bank on Tuesday dissolved and reconstituted the boards of three banks affiliated with the S Alam Group.

These banks are Union Bank, Global Islami Bank, and United Commercial Bank.

The central bank is also preparing another notice concerning UCB.

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