In an exceptional departure from standard operating procedures, the central bank has mandated that all scheduled banks across the country remain open this coming Saturday, 27th December. This directive, issued by Bangladesh Bank on Wednesday, comes as a direct response to a formal request from the Election Commission. The decision aims to facilitate the administrative […]

The prestigious Sena Gourab Hall at the SKS Tower in Mohakhali served as the backdrop for the twenty-fifth Annual General Meeting of Prime Islami Life Insurance Limited, held on Wednesday, 24th December. This milestone assembly, marking a quarter-century of the firm’s operations, was presided over by the Chairman of the Board of Directors, Mohammad Akhtar. […]

Sonali Life Insurance Company Limited has successfully concluded its Twelfth Annual General Meeting (AGM), reaffirming its firm commitment to robust corporate governance, financial discipline and the long-term protection of shareholder interests. The meeting was held on Wednesday, 24 December 2025, at 10:00 a.m. in the conference hall of the company’s head office in Malibagh, Dhaka, […]

Yields on Bangladesh’s long-term government treasury bonds (BGTBs) continued their upward trajectory on Tuesday, reflecting heightened caution among investors as the fiscal year draws to a close and the nation approaches its forthcoming general election. Commercial banks, typically the primary buyers of government securities, are increasingly favouring short-term instruments or liquid assets over long-term bonds […]

BRAC Bank, in collaboration with the Ministry of Finance and Bangladesh Bank, has successfully concluded a month-long intensive training programme for entrepreneurs operating in the cottage, micro, small, and medium enterprise (CMSME) sector. The initiative aimed to equip young and dynamic business owners with practical skills and knowledge to strengthen their enterprises and foster sustainable […]

NRBC Bank has reinforced its commitment to transparency, regulatory discipline and technological efficiency in Bangladesh’s foreign trade sector by organising an extensive workshop on digital trade reporting systems. Conducted in accordance with directives from Bangladesh Bank, the programme focused on improving the accuracy, consistency and timeliness of reporting under the Online Import Monitoring System (OIMS) […]

In a decisive step towards modernising the nation’s financial landscape, a comprehensive day-long campaign was launched in Jessore to bolster the ‘Cashless Bangladesh’ initiative. Spearheaded by the Bangladesh Bank and coordinated by IFIC Bank PLC in its capacity as the “Lead Bank” for the region, the event sought to accelerate the transition from a cash-dependent […]

Bangladesh’s foreign exchange reserves have staged a notable recovery, breaching the $28 billion milestone following a significant liquidity injection over the last three weeks. According to Arif Hossain Khan, Executive Director and spokesperson for the Bangladesh Bank, the gross reserves climbed to $28.04 billion as of 22 December 2024. This surge represents a rapid appreciation […]

The landscape of Bangladesh’s non-life insurance sector is currently facing a seismic transformation following a definitive directive from the Insurance Development and Regulatory Authority (IDRA). For decades, the concept of “agent commission” has been a focal point of intense controversy, serving as both the lifeblood of business acquisition and a source of systemic market distortion. […]

The Bangladesh Insurance Association (BIA) has released its annual report for 2024, offering a comprehensive evaluation of the nation’s private insurance sector. Presented during the association’s recent Annual General Meeting, the document illustrates a complex financial landscape where steady growth in total assets and capital reserves is currently being offset by fluctuating premium incomes and […]