Money deposited by individuals and institutions with banks, which have decided to go for mergers, will remain completely safe and secure, Bangladesh Bank said in a statement yesterday.
The board of directors of BDBL approved the merger plan in an emergency meeting on April 8, said Md Habibur Rahman Gazi, managing director and CEO of the bank.
National Bank to be merged with UCBL tbsnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tbsnews.net Daily Mail and Mail on Sunday newspapers.
UCB Merger with National Bank: United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders.