Bangladesh Bank (BB) Governor Dr Ahsan H Mansur said that the process of merging five shariah-based banks that are struggling financially is at its final stage assuring no employees would lose their jobs as a result of this merger.

"Five Islamic banks are expected to complete the merger within the next few months. Employees had no reason to worry," he said while speaking at a press conference held at the central bank's boardroom  today.

The five banks are First Security Islami Bank, Global Islami Bank, Union Bank, Social Islami Bank and EXIM Bank.