Staff Reporter
The ICB Finance Group Holdings AG, Switzerland has been officially approved as the buyer of the Oriental Bank Ltd, source from the Bangladesh Bank confirmed yesterday.
After proper evaluation, the Bangladesh Bank Tender Evaluation Committee has officially approved ICB Group, said the official.
Formal announcement of purchaser’s name would be made on February 14, 2008, as scheduled.
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Earlier on February 4, 2008, the ICB Finance Group Holdings AG was announced as a top bidder with a proposal of Tk 350.67 crore to purchase 50. [Read more]