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had triggered depositor protests that accelerated an earlier sell-off.

The rebound follows a steep decline. After the Bangladesh Securities and Exchange Commission removed the floor price on June 8, the stock shed around 19 percent in just two days through June 10, as depositor unrest and political controversy compounded market pressure.

Islami Bank carries the banking sector’s largest non-performing loan burden -- Tk 95,629 crore, equivalent to 50.88 percent of its total outstanding loans.The bank paid a 10 percent cash dividend in 2023 but skipped payouts in the two years since, a lapse that saw its stock downgraded to the Z category.