BRD Circular No. 03: Regarding Placement of Five Banks Under Resolution Process

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Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.

Bank Resolution Department (BRD)

BRD Circular No. 03

Date: 20 Kartik, 1432 05 November, 2025

Managing Director/CEO/Chief Executive Officer All Scheduled Banks and Finance Companies operating in Bangladesh.

Dear Sir,

Regarding the placement of five banks under the resolution process

This is to inform you that, in order to restore good governance in the banking sector, ensure accountability, maintain overall discipline, protect the interests of depositors, and rebuild public confidence in the overall banking sector, Bangladesh Bank has placed the following five banks under the resolution process under the powers granted by the Banking Resolution Ordinance, 2025:

1. Export Import Bank of Bangladesh PLC
2. Social Islami Bank PLC
3. First Security Islami Bank PLC
4. Global Islami Bank PLC
5. Union Bank PLC

Detailed resolution plans will be communicated to you subsequently.

Yours faithfully,

(Signature)

(Md. Asaduzzaman Khan) Director (BRD) Phone: 880 2 2222 251102

Phone: 88-02-9550448, 9554899, IP: 88-02-55665001-6, Fax: 88-02-9530479, Web: www.bb.org.bd