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The Bangladesh Parliament has passed the Bank Resolution Bill 2026, overturning a previous ordinance that barred individuals responsible for bank failures from regaining ownership even after repaying losses. The new law enables former shareholders of five merged banks to reapply for ownership, including groups such as S Alam and Nasa, which previously held major stakes. Applicants must pledge to repay government and central bank support, inject new capital, and ensure full repayment to depositors and creditors.

Under the new provisions, Bangladesh Bank will verify applications and seek government approval before any transfer of control. Former owners must initially deposit 7.5 percent of the government’s investment and repay the remaining 92.5 percent within two years with 10 percent interest. The central bank will supervise the restructured banks for two years to ensure compliance.

Critics, including economists and opposition lawmakers, warned that the bill rewards those responsible for past mismanagement and could endanger depositors’ funds. Finance Minister Amir Khosru Mahmud Chowdhury defended the bill, saying it aims to maintain financial stability and protect depositors while reducing the government’s fiscal burden.

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Amar Desh 12 Apr 26

একীভূত পাঁচ ব্যাংক যাচ্ছে আগের মালিকদের হাতে | আমার দেশ

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