The Bangladesh Bank (BB) is taking motion against folk, not firms fancy S Alam Group and Beximco, as these firms are regarded as nationwide assets, BB Governor Ahsan H Mansur talked about this day (18 November).
“Factual motion can be taken against the S Alam Group chairman and assorted officers for their alleged crimes in the banking sector,” he talked about whereas talking at a press convention on the central monetary institution headquarters in Dhaka.
Newly-appointed Islami Bank Chairman Md Obayed Ullah Al Masud also spoke on the click convention.
In his speech, Masud talked about Islami Bank has a hole of Tk20,000 crore between investments and deposits.
This hole will be mitigated by promoting the shares held by the S Alam Group and issuing contemporary shares, he added.
He talked about S Alam Group has shares price Tk1,600 crore in face tag, which dangle a market tag of nearly Tk10,000 crore.
The last Tk10,000 crore will be raised by issuing contemporary shares, he added.
He talked about the monetary institution will methodology aged foreign shareholders fancy IFC and Saudi Investor Al Raji neighborhood and invite them to invest in it again by January.
Concerning Islami Bank, Ahsan H Mansur talked about the inclusion of earlier foreign merchants will lengthen the monetary institution’s credibility.