Dhaka, July 30 -- Bangladesh Bank has withdrawn its administrator and oversight team from EXIM Bank, one of the five Shariah-based lenders merged into Sammilito Islami Bank PLC.

Following the withdrawal, EXIM Bank's operations will now be managed under the direct supervision of the Board of Directors and the managing director of Sammilito Islami Bank.

Merged bank depositors can now withdraw up to Tk 10 lakh: BB

The central bank issued an official letter on Thursday directing the removal of the administrator and his team, implementing a decision made during a BB Board of Directors meeting held on Wednesday.

During the previous interim government's tenure, EXIM Bank, Social Islami Bank, First Security Islami Bank, Union Bank and Global ...