[6] This happened at a time Islami Bank Bangladesh Ltd saw major changes in ownership with companies aligned with S. Alam Group of Industries were allegedly buying up stakes in Islami Bank.
[7] On 5 September 2021, Bangladesh Securities and Exchange Commission approved the Union Bank PLC plan to go for IPO.
[8] Union Bank 4.28 billion taka from the stock market which would make it the fourth largest IPO in the history of Bangladesh and the largest for the banking sector in the country.
[10] Deputy managing director of Union Bank PLC , Hasan Iqbal, said that the missing cash was given to a "VIP client" after regular hours.
[14] Union Bank planned to release shares on the Dhaka Stock Exchange on 26 January 2022.