The Bank Resolution Ordinance, issued during the previous interim government, has recently been passed at the national parliament.

I worked with senior officials at Bangladesh Bank in developing the framework for the 2025 Bank Resolution Act, which is similar to India’s Insolvency and Bankruptcy Code, 2016, and analogous frameworks in Indonesia and a few other comparable economies.

A new law allows the architects of Bangladesh’s banking crisis to buy their way back in

The newly enacted Bank Resolution Act, 2026, paves the way for former owners to regain control of merging banks under relatively easy terms, a move seen as a reversal of the interim government’s banking reform.

Bangladesh Bank Governor Ahsan H Mansur’s comment that some ailing banks may face closure drew flak yesterday.

The Bangladesh Bank is working to formulate a “Bank Resolution Act” for mergers, acquisitions, liquidation or recapitalisation of banks.