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Bank mergers need caution: World Bank

by endroar
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The World Bank believes that more caution is needed in bank mergers. The agency said the process needs to be done in accordance with international norms. The organization believes that banks should be merged based on asset quality and specific policies.

Today, the Bangladesh Development Update report is released. It has been said there.

A press conference was organized at the Dhaka office of the World Bank on the occasion of the release of the report. Abdullaye Sek, Country Director of the World Bank, gave a speech. Economists Ranjit Ghosh and Bernard Haven of the organization's Dhaka office highlighted various aspects of the report.

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