The Insurance Development and Regulatory Authority (IDRA) has published a revised list of seven Cost and Management Accounting (CMA) firms authorised to conduct cost audits and performance audits of life and non-life insurance companies in Bangladesh. The decision is aimed at reinforcing regulatory oversight and improving transparency in the financial and operational management of the […]

The Bangladesh Bank is preparing a Tk40,000-crore refinance scheme aimed at reviving closed and inactive factories in Bangladesh, with the broader objective of restoring production, protecting employment, and strengthening export capacity amid ongoing economic pressures. Officials said a detailed policy proposal is being finalised this week for submission to the Prime Minister for approval. Following […]

Grameenphone has entered into a partnership with Prime Bank FinTech Limited to extend access to secure and inclusive digital and financial services across Bangladesh. The collaboration integrates Grameenphone’s connectivity infrastructure and digital ecosystem with Prime Bank FinTech Limited’s Mobile Financial Services (MFS) platform, with the aim of improving accessibility and accelerating usage of digital financial […]

Eastern Bank PLC (EBL), in collaboration with Akij Takaful Life Insurance PLC, has launched Shariah-compliant Takaful insurance products through a bancassurance arrangement. The official launch was held on Thursday, 30 April, at the EBL Head Office in Dhaka, according to a press release. Through this arrangement, EBL customers will be able to access Islamic Takaful […]