Bangladesh Bank Governor Dr. Ahsan H. Mansur on Wednesday assured that banking services will continue uninterrupted despite the dissolution of the boards of five Shariah-based banks.

Speaking at a press conference at the Jahangir Alam Conference Room of the central bank, he said all banking operations—including payments, remittances, and letters of credit (LCs)—will continue as usual.

Although the boards have been dissolved, daily banking operations will not stop. Business continuity is being maintained. Payments, remittances, and LCs will continue. Our focus is to keep banking operations running while gradually integrating the assets and IT systems of the five banks,” he said.

Dr. Mansur noted that the five banks have a total of 750 branches and 7.5 million depositors. To avoid liquidation and safeguard their interests, structural and technological integration has begun in the first phase.

He added that the boards of the banks, declared non-viable, have been dissolved and temporary administrators appointed in each institution. Notices of non-viability were sent to the company secretaries of the banks on Wednesday morning, effectively suspending board authority.

The governor also said the merged entity of the five Islamic banks will become the country’s largest Islamic bank, with a paid-up capital of BDT 35,000 crore—significantly higher than any existing bank in Bangladesh.