FROM PAGE B1

based on an assessment conducted by an independent professional valuer appointed by Bangladesh Bank, such compensation may be provided.

However, analyses of information obtained from the Asset Quality Review and special inspections conducted by an international consulting firm revealed that the said banks have incurred huge losses and their net asset value is negative.

In this context, at a recent meeting of the Banking Sector Crisis Management Committee (BCMC), formed under Section 42 of the Ordinance and held at Bangladesh Bank, it was decided that “the shareholders of the five distressed banks shall bear the losses of the banks under the resolution process.”

Considering the relevant provisions of the Bank Resolution Ordinance, 2025, and the BCMC’s decision, there is currently no scope to protect the interests of general investors or shareholders in the merger of the five banks, said the BB.