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Hasty bank mergers to bring no good - Vimarsana News

Hasty bank mergers to bring no good

Both banks are weak as per a Bangladesh Bank health index of banks and it is very difficult to get any positive result by merging two weak banks, said Fahmida Khatun, executive director of the Centre for Policy Dialogue.The decision taken by Exim Bank and Padma Bank on March 18 to merge appears to have been taken hastily without adequate preparation, for which the desired