ABB chief Mashrur Arefin says entire banking sector 'reeling' from Islami Bank turmoil
Dhaka, June 10 -- Mashrur Arefin, chairman of the Association of Bankers Bangladesh (ABB), has called for a swift resolution to the turmoil surrounding Islami Bank Bangladesh, warning that the dispute over its top management is beginning to cast a shadow over the wider banking sector.
Speaking after a bankers' meeting at the Bangladesh Bank Headquarters on Wednesday, he said: "We, the bankers, are worried.
"The ongoing unrest surrounding Islami Bank has started to have a negative impact on the entire banking industry."
Also the managing director of City Bank, Arefin said: "We want a stable banking system. The central bank governor is also in the same position."
[Updates to follow]
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