Sonali Bank Faces Tk1,870 Crore Repayment Issues with S Alam Group
Sonali Bank is facing significant repayment challenges with banks controlled by the S Alam Group, particularly Islami Bank Bangladesh and…
Central Bank Takes Over Islami Bank from S Alam Group
BB Governor Ahsan H Mansur announced that Islami Bank’s current board, led by S Alam Group, will be dissolved due…
BSEC Prohibits Share Sales by S Alam Group and Associated Parties
The Bangladesh Securities and Exchange Commission (BSEC) has imposed a ban on Mohammed Saiful Alam, founder of S Alam Group,…
S. Alam Accused of Siphoning Tk 50,000 Crore from Islami Bank
A few years ago, Islami Bank Bangladesh Plc was the top bank in the country. The bank, which topped customer…