Bangladesh is witnessing a remarkable shift towards electric mobility, and Prime Bank PLC has taken a decisive step to support this transition by unveiling an exclusive range of benefits for customers purchasing BYD vehicles. As electric cars continue to capture the imagination of environmentally conscious motorists across the country, the bank’s latest auto loan offerings […]

Dhaka, 10 December 2025 – Bangladesh’s insurance sector is set to convene one of its most consequential annual gatherings, as the Bangladesh Insurance Association (BIA) prepares to hold its 38th Annual General Meeting (AGM) on Monday, 22 December 2025, at 6:30 pm. The prestigious event will take place at the Samson H. Chowdhury Centre (Level […]

In a distinguished gesture of solidarity and responsibility, Bengal Islamic Life Insurance Limited has overseen the formal handover of a Takaful cheque to the family of a late employee of Eco Batteries Limited. The cheque, amounting to BDT 258,400, was disbursed to cover outstanding medical expenses as well as the death benefits owed to Shahidul […]

In a decisive bid to bolster the nation’s exporters, remitters, and broader economic stability, the Bangladesh Bank (BB) has procured an additional US$202 million from 13 commercial banks through the interbank spot market. The transaction, executed on Tuesday via the Multiple Price Auction method, was completed at a cut-off rate of Tk 122.29 per US […]

In a decisive move to strengthen financial governance, the Bangladesh Bank has announced stringent new regulations governing staff incentive bonuses in private banks. The directive marks a significant shift in the sector, emphasising that bonuses can only be disbursed when banks have realised genuine net profits. Institutions facing capital shortfalls, deficiencies in statutory reserves, or […]

Insurance Coverage Explained: Mass Uprisings, Strikes, Riots and Malicious Damage Full Story: In an era marked by social, political, and economic unpredictability, it has become increasingly imperative for businesses, property owners, and risk managers to comprehend the scope of insurance coverage pertaining to civil disturbances and politically motivated events. Modern insurance policies typically differentiate between […]

Postal Life Insurance is a long-term insurance scheme designed to ensure financial security for individuals and families. It offers various plans, including Whole Life Assurance, Endowment Assurance, Education Endowment Assurance, and Marriage Endowment Assurance, all tailored to meet the lifestyle and future needs of the policyholder. Whole Life Assurance covers the insured for life and […]

On Monday, the High Court rejected a writ petition challenging the government’s decision to merge five financially distressed private Islamic banks into a single entity. The bench, comprising Justice Fahmida Quader and Justice Md Ashif Hasan, passed the order following a brief hearing. Barrister Sayed Mahsib Hossain, representing the petitioner, confirmed the information to the […]