BDBL Chairman Shamima Nargis said, 'BDBL is already in a weaker position in only one of the four indices. The index is the default loan. This amount was 41 percent. In the last one year, I have reduced it to 34 percent. It is not possible to reduce the rate from 34 to 5-10 or 15 percent in just six months.
Speaking about the open letter sent by BDBL employees to the authorities, Shamima Nargis said that the boards of directors of both the banks took the decision of merger after considering several issues. Whatever will be better has been decided.
Speaking at the agreement signing event, Sonali Bank Chairman Ziaul Hasan Siddiqui said, “We thought a lot before arriving at the decision of merger. We have taken this decision not under any pressure but after discussing among ourselves. The two banks have different types of experience. We will move forward with them.”