STAR BUSINESS REPORT

There is no scope to protect the interests of general investors or shareholders in the merger of the five troubled banks under the Bank Resolution Ordinance, 2025. However, the government may consider compensating small investors and shareholders, the Bangladesh Bank said in a statement.

At a press conference on Wednesday, central bank Governor Ahsan H Mansur said the shareholders of the five banks will not receive any shares in the new bank, as the value of assets tied to their existing shareholdings is already negative.

The governor’s remarks sparked anger and unease among investors and shareholders, with some even threatening to stage protests.

In a statement yesterday, the central bank said the Bank Resolution Ordinance, 2025, was enacted in line with international best practices and taking into account the technical assistance and recommendations of the International Monetary Fund, the World Bank, and the Foreign, Commonwealth and Development Office.

The ordinance clearly specifies the rights of depositors, shareholders, and other creditors in banks brought under resolution, it added.

The statement also noted that after the completion of the resolution process, if any compensation is found payable to In this context,