Sammilito Islami Bank inauguration postponed
Sammilito Islami Bank PLC was formed through the merger of First Security Islami Bank, Global Islami Bank, Social Islami Bank, Exim Bank, and Union Bank.
The inaugural ceremony of Sammilito Islami Bank, scheduled for 10am tomorrow (25 January) at Hotel Intercontinental Dhaka, has been postponed.
Arief Hossain Khan, spokesperson for Bangladesh Bank, confirmed the matter to the media.
Salehuddin Ahmed was scheduled to attend as chief guest, while special guests were to include Finance Secretary Md Khairuzzaman Mozumder, and Governor of Bangladesh Bank Ahsan H Mansur. The programme was to be presided over by Sammilito Islami Bank Chairman Mohammad Ayub Miah.
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Other attendees were expected to include senior officials from Bangladesh Bank, the Finance Ministry, and the country's top financial institutions.
Sammilito Islami Bank PLC was formed through the merger of First Security Islami Bank, Global Islami Bank, Social Islami Bank, Exim Bank, and Union Bank.
The new bank boasts one of the largest capital structures in Bangladesh's banking history, with an authorised capital of Tk40,000 crore and a paid-up capital of Tk35,000 crore – Tk20,000 crore contributed by the government and Tk15,000 crore through conversion of depositors' shares.
