Saturday , April 19 2025
logo

Padma Bank is merging with Exim Bank: Official

According to Prothom Alo’s report, the fourth generation Padma Bank is going to merge with the private Exim Bank of Islamic style. This decision was taken unanimously in the Exim Bank Board of Directors meeting on Thursday (March 14).

A director of Exim Bank confirmed this information to Prothom Alo on condition of anonymity. He said, for the time being, it has been decided to merge the private Padma Bank with our bank. Soon this decision will be sent to Bangladesh Bank for approval. This decision will be implemented after the approval of the relevant regulatory bodies including Bangladesh Bank.

CVE-2025-2492
ASUS warns of critical auth bypass flaw in routers

Hackers can exploit a vulnerability in Asus routers to execute unauthorized functions. This serious issue, rated 9.2 out of 10,...
Read More
CVE-2025-2492  ASUS warns of critical auth bypass flaw in routers

16,000+ Fortinet devices compromised with symlink backdoor, Mostly in Asia

According to Shadowserver Foundation around 17,000 Fortinet devices worldwide have been compromised using a new technique called "symlink". This number...
Read More
16,000+  Fortinet devices compromised with symlink backdoor, Mostly in Asia

Patch now! Critical Erlang/OTP SSH Vuln Allows UCE

A critical security flaw has been found in the Erlang/Open Telecom Platform (OTP) SSH implementation, allowing an attacker to run...
Read More
Patch now! Critical Erlang/OTP SSH Vuln Allows UCE

CISA warns of increasing risk tied to Oracle legacy Cloud leak

On Wednesday, CISA alerted about increased breach risks due to the earlier compromise of legacy Oracle Cloud servers, emphasizing the...
Read More
CISA warns of increasing risk tied to Oracle legacy Cloud leak

CVE-2025-20236
Cisco Patches Unauthenticated RCE Flaw in Webex App

Cisco issued a security advisory about a serious vulnerability in its Webex App that allows unauthenticated remote code execution (RCE)...
Read More
CVE-2025-20236  Cisco Patches Unauthenticated RCE Flaw in Webex App

Apple released emergency security updates for 2 zero-day vulns

On Wednesday, Apple released urgent operating system updates to address two security vulnerabilities that had already been exploited in highly...
Read More
Apple released emergency security updates for 2 zero-day vulns

Oracle Released Patched for 378 flaws for April 2025

On April 15, 2025, Oracle released a Critical Patch Update for 378 flaws for its products. The patch update covers...
Read More
Oracle Released Patched for 378 flaws for April 2025

CVE-2025-24054
Hackers Exploiting NTLM Spoofing Windows Vuln the in Wild

Check Point Research warns of the active exploitation of a new vulnerability, CVE-2025-24054, which lets hackers leak NTLMv2-SSP hashes using...
Read More
CVE-2025-24054  Hackers Exploiting NTLM Spoofing Windows Vuln the in Wild

Bengaluru firm got ransomware attack, Hacker demanded $70,000

Bengaluru's Whiteboard Technologies Pvt Ltd was hit by a ransomware attack, with hackers demanding a ransom of up to $70,000...
Read More
Bengaluru firm got ransomware attack, Hacker demanded $70,000

MITRE warns: U.S. Govt. Funding for MITRE’s CVE Ends Today

MITRE Vice President Yosry Barsoum warned that U.S. government funding for the Common Vulnerabilities and Exposures (CVE) and Common Weakness...
Read More
MITRE warns: U.S. Govt. Funding for MITRE’s CVE Ends Today

Bonikbarta said that Exim Bank is merging Padma Bank as the first bank in the country. The Board of Directors of Exim Bank has already approved the matter. Bangladesh Bank has also been informed about the merger of the two banks. Chairman of Exim Bank Nazrul Islam Mazumder confirmed the matter to bonikbarta.

A memorandum of understanding between the banks will be signed early next week at the central bank’s head office in the presence of Bangladesh Bank Governor Abdur Rauf Talukder to initiate the merger process.

Meanwhile, Bangladesh Bank spokesperson Mejbaul Haque recently said that the banks will have time till December to take voluntary merger steps. During this period, the banks themselves can decide who will merge with which. If not, the central bank will start this process in March. Spokesman and Executive Director Mazbul Haque also assured that the depositors will not be affected.

Source: Prothom Alo, Bonikbarta

Check Also

Android

Android malware attack Indian banks: Infected 419 devices

Researchers discovered a new Android banking trojan aimed at Indian users. This malware pretends to …

Leave a Reply

Your email address will not be published. Required fields are marked *