Dhaka, Oct. 12 -- The Bangladesh Securities and Exchange Commission (BSEC), the stock market regulator, has sent a letter to Bangladesh Bank (BB) regarding the planned merger of five commercial banks, urging the central bank to ensure the protection of the interests of general investors.

The letter was sent to the governor of the central bank recently.

While the decision to merge five private banks suffering from weakness and liquidity crises ensures the full protection of depositors, no clear decision has been made regarding the interests of general or small shareholders of these banks.

Later, BSEC sent the letter to secure investor rights.

Sources at Bangladesh Bank indicate that, according to the Bank Resolution Ordinance, 2025, ge...