Kazi Zahidul Hasan :
Five star hotels in the capital have become the safe haven for a section of wealthy people now working to take over private commercial banks one after another.
They have already taken over two banks under their grips after arranging board meetings in hasty manner held in luxury hotels in Dhaka under massive security arrangement.
AB Bank Limited, the first private commercial bank in Bangladesh, will hold its Annual General Meeting (AGM) and Emergency General Meeting (EGM) at Hotel Le Meridein in the capita today (Thursday).
Rumours run high that a dramatic change in the bank’s board and top management will take place in the meetings following the similar takeover of Islami Bank Bangladesh Limited and Social Islami Bank Limited when a Chittagong-based Business Group bought majority stakes of the banks.
Former Foreign Minister and BNP leader M Morshed Khan is now holding 25 per cent stake of AB Bank.
“The initiative was taken after the Chittagong-based business group move forward to buy shares of the bank. It has bought a number of shares of AB Bank in the last six months to capture the bank,” a senior AB Bank official told The New Nation yesterday, on condition of anonymity.
Five star hotels in the capital have become the safe haven for a section of wealthy people now working to take over private commercial banks one after another.
They have already taken over two banks under their grips after arranging board meetings in hasty manner held in luxury hotels in Dhaka under massive security arrangement.
AB Bank Limited, the first private commercial bank in Bangladesh, will hold its Annual General Meeting (AGM) and Emergency General Meeting (EGM) at Hotel Le Meridein in the capita today (Thursday).
Rumours run high that a dramatic change in the bank’s board and top management will take place in the meetings following the similar takeover of Islami Bank Bangladesh Limited and Social Islami Bank Limited when a Chittagong-based Business Group bought majority stakes of the banks.
Former Foreign Minister and BNP leader M Morshed Khan is now holding 25 per cent stake of AB Bank.
“The initiative was taken after the Chittagong-based business group move forward to buy shares of the bank. It has bought a number of shares of AB Bank in the last six months to capture the bank,” a senior AB Bank official told The New Nation yesterday, on condition of anonymity.
