Recent incidents in Bangladesh’s insurance industry have revealed critical weaknesses, particularly in the life insurance segment, despite the presence of regulatory frameworks and legislation. A rising number of reported irregularities have drawn attention to both enforcement gaps and systemic challenges. Insurance fraud in Bangladesh is primarily addressed under the Insurance Act 2010 and the Penal […]

Small and medium-sized depositors continue to be the cornerstone of Bangladesh’s banking sector, underpinning both its stability and expansion. Banks have actively adopted digital platforms, simplified account procedures, and various incentives to attract these depositors. Moreover, remittances sent by Bangladeshis living abroad have provided an additional boost, contributing significantly to the rise in bank deposits. […]

Bangladesh is likely to face mounting pressure on its remittance inflows as ongoing conflict in the Middle East weakens labour demand and compresses migrant earnings, according to a fresh assessment by the Asian Development Bank. The warning underscores the vulnerability of South Asian economies to external shocks that extend well beyond trade and finance. The […]