Merging two banks is not an easy thing; in fact, it is quite difficult. But if you do it the right way, with the right people, in the right process, it is a win-win for all parties involved
The troubled BASIC Bank is heading for a merger with the better-performing Bangladesh Development Bank Limited (BDBL) as part of the government's efforts to improve the overall health of the country's state banks, which have historically been sitting on a heavy pile of soured credit. "They are both state banks, so the merger should not raise any objection from anyone," Finance