No profit haircut for Sammilito Islami Bank depositors
Bangladesh, Aug. 26 -- Bangladesh Bank (BB) Governor Md Mostaqur Rahman has assured that depositors of Sammilito Islami Bank PLC will face no haircut on their profits. Business news publication
Advertisement
The assurance came when the newly formed Islami bank's Chairman, Quazi Shairul Hassan, and Managing Director Abedur Rahman Sikder met the high-ups of the central bank at its headquarters on Tuesday, according to a BB press release.
BB Deputy Governors Dr Md Habibur Rahman, Dr Md Kabir Ahmed, Md Sarwar Hossain and Md Anis Ur Rahman were also present at the meeting where the governor instructed the bank authorities to issue a clear message to the depositors that their deposited principal will remain fully protected, aiming to remove u...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.