State-owned Sonali Bank has successfully navigated the financial turbulence caused by high-profile loan defaults, including those associated with the Hall-Mark Group, and has reinforced its financial foundation. The bank is now firmly on a trajectory towards substantial profitability, while simultaneously increasing its use of technology to improve transparency and expand its outreach to a broader […]

Bangladesh’s insurance regulator, the Insurance Development and Regulatory Authority (IDRA), has introduced a landmark reform in the non-life insurance sector by scrapping agent licences and banning all commission payments. Announced on 7 January 2026, this directive effectively prohibits the country’s 45 non-life insurers from employing agents for premium collection, marking one of the most significant […]

SBAC Bank PLC has formalised a strategic partnership with Best Western Plus Bay Hills Hotel, located in the scenic Himchari area of Cox’s Bazar, through the signing of a Memorandum of Understanding (MoU). This agreement aims to enhance value-added services for the bank’s customers and employees, reflecting a growing trend among financial institutions to integrate […]

The Bangladeshi economy has received a significant boost in the opening days of 2026, with remittance inflows reaching a staggering $1.127 billion within the first ten days of January. According to data released by the Bangladesh Bank on Sunday, 11 January 2026, this surge represents a robust start to the year, maintaining the momentum observed […]

In a move widely lauded by the financial sector, Dr Md Ezazul Islam has been appointed as the new Director General of the Bangladesh Institute of Bank Management (BIBM). A seasoned economist with a distinguished career spanning over three decades at the central bank, Dr Islam’s appointment is viewed as a strategic step toward elevating […]

Economic adviser Dr Salehuddin Ahmed has emphasised that reducing interest rates is far from a simple task. According to Dr Ahmed, setting interest rates is a highly complex process, closely linked with other financial instruments such as treasury bills and savings certificates. A change in any one element of the financial system can have wide-ranging […]