The American International University-Bangladesh (AIUB) has signed a group insurance agreement with the Protective Islami Life Insurance, establishing a formal arrangement intended to provide insurance-linked benefits to members of the university community. The agreement creates a structured mechanism through which selected healthcare and insurance services will be made available to eligible individuals associated with the […]

Bangladesh Bank has issued verbal instructions to commercial banks to further reduce the maximum rate at which they may purchase US dollars from money exchange houses, in a continued effort to manage stability in the foreign exchange market, according to official sources. Under the latest directive, banks have been instructed to cap the remittance buying […]

City Bank PLC and Water.org have launched a two-year collaborative initiative in Bangladesh aimed at improving access to safe water and sanitation through expanded financing mechanisms for micro, small and medium enterprises (MSMEs) and microfinance institutions (MFIs) engaged in the Water, Sanitation and Hygiene (WASH) sector. According to a press statement, the programme is designed […]