Bangladesh Bank has released Tk5,000 crore to facilitate the repayment of deposits to customers of Combined Islamic Bank, following a strong response to the bank’s deposit withdrawal process. Around 75,000 customers have already submitted applications seeking the return of their deposits, with the total amount requested standing at approximately Tk3,925 crore. The bank began accepting […]

Bangladesh’s life insurance industry is facing a growing credibility problem as billions of taka in claims remain unsettled, raising serious questions about the sector’s ability to provide the financial protection it promises to policyholders and their families. According to the latest official figures from the Insurance Development and Regulatory Authority, outstanding life insurance claims have […]