NBL decides not to merge with UCB

Business Report :
The board of directors of National Bank has decided not to merge the bank with United Commercial Bank (UCB).
This decision was taken at a meeting of the bank’s Board of Directors on Sunday, said a source.
Earlier on 9 April, at a meeting of the stakeholders of both banks, it was decided that National Bank Limited would be merged with United Commercial Bank Limited. Bangladesh Bank Governor Abdur Rauf Talukdar chaired the meeting.