Dhaka 5:57 am, Wednesday, 13 May 2026

5 Bank MDs Face Mandatory Leave Over Loan Fraud

Update Time : 08:44:06 am, Monday, 6 January 2025

The Managing Directors (MDs) of Exim, Global Islami, SIBL, ICB Islamic, and Union Bank have been ordered to take mandatory leave due to their involvement in loan fraud. The Bangladesh Bank issued this directive on Sunday, January 5. Earlier, on Saturday, the MD of First Security Islami Bank was also sent on mandatory leave for similar reasons.