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How forced bank merger initiatives backfire

The merger idea was floated after the IMF suggested that the central bank prepare a road map to reduce default loans as part of the conditions for its $4.7 billion loan package.

City Bank eyes takeover of BASIC Bank

BASIC Bank to be merged with City Bank : State-owned and trouble-ridden BASIC Bank is expected to merge with City Bank a development that comes less than a week after the government decided in principle to merge four state banks

BASIC Bank to merge with City Bank in strategic consolidation move

BASIC Bank to merge with City Bank in strategic consolidation move
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