, June 10 -- The Association of Bankers, Bangladesh (ABB), a platform of bank chief executives, has expressed deep concern over the ongoing instability surrounding Islami Bank Bangladesh PLC, warning that the situation is affecting confidence across the country's financial sector.

"The situation at Islami Bank is no longer isolated; its negative impact is being felt across the banking sector. As a result, bankers are seriously concerned," ABB Chairman and City Bank Managing Director Mashrur Arefin expressed the concern after a high-level meeting with theBangladesh Bank Governor.

He said the central bank governor now views the matter not only as a banking issue but also as a political concern, adding that efforts are underway to resolve ...