Category: Business

Bangladesh Bank Blocks Launderers from Bank Boards

Bangladesh Bank Blocks Launderers from Bank Boards

The Bangladesh Bank has reaffirmed that individuals or groups facing allegations of money laundering abroad will be prohibited from returning to the boards of banks in Bangladesh. The clarification was provided on Tuesday by Arief Hossain Khan, Executive Director and spokesperson of the central bank, following public confusion over provisions in a recently issued ordinance […]
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PNB MetLife Introduces RISE Guaranteed Income and Savings Plan PNB MetLife Introduces "RISE" Guaranteed Income and Savings Plan

PNB MetLife Introduces “RISE” Guaranteed Income and Savings Plan

MUMBAI — PNB MetLife India Insurance Company Limited, a leading private life insurer in India, has officially launched its latest savings and protection solution, the PNB MetLife RISE Plan. This product is categorised as an individual, non-linked, non-participating life insurance plan, specifically designed to provide policyholders with a combination of guaranteed financial returns and comprehensive […]
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Allianz and Jio Financial Services Formalise General and Health Insurance Partnership Allianz and Jio Financial Services Formalise General and Health Insurance Partnership

Allianz and Jio Financial Services Formalise General and Health Insurance Partnership

Allianz Group, acting through its wholly owned subsidiary Allianz Europe B.V., has entered into a definitive agreement with Jio Financial Services Limited (JFSL) to establish a 50:50 joint venture. This partnership is dedicated to the primary insurance sector, specifically targeting the general insurance and health insurance markets within India. Strategic Foundation and Regulatory Status The […]
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Cat Bond Pricing Falls 25 on Renewals Cat Bond Pricing Falls 25% on Renewals

Cat Bond Pricing Falls 25% on Renewals

American Integrity Insurance and Safepoint Insurance have both completed new catastrophe bond placements totalling $510 million, with pricing reportedly down by approximately 25% year on year, according to Gallagher Securities. The transactions—American Integrity’s Integrity Re III Ltd. Series 2026-1 and Safepoint’s Nature Coast Re 2026-1—reflect continued softening in the insurance-linked securities (ILS) market, as strong […]
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Currency Exchange Rates Update Currency Exchange Rates Update

Currency Exchange Rates Update

Bangladesh’s growing integration with the global economy, alongside the steady inflow of remittances from millions of expatriate workers, continues to play a crucial role in sustaining the country’s financial stability. In this context, access to the latest foreign exchange rates has become increasingly important for businesses, traders, travellers, and remittance recipients alike. As of 24 […]
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Bangladesh Warned Over Monetary Financing Risks Bangladesh Warned Over Monetary Financing Risks

Bangladesh Warned Over Monetary Financing Risks

Bangladesh’s central bank is increasingly resorting to money creation to finance government borrowing, a practice that economists have warned could further fuel inflation and deepen macroeconomic vulnerabilities. At a seminar held on Thursday at the Policy Research Institute (PRI) office in Banani, Dhaka, experts cautioned that fiscal and monetary imbalances are intensifying amid weakening economic […]
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Jio–Allianz Insurance Joint Venture Formed Jio–Allianz Insurance Joint Venture Formed

Jio–Allianz Insurance Joint Venture Formed

Mumbai: Jio Financial Services (JFSL) and Germany’s Allianz Group have entered into a binding 50:50 joint venture agreement to establish a primary insurance business in India, targeting the general and health insurance segments within an estimated ₹3.34 lakh crore market. The agreement formalises a strategic partnership initially announced in July 2025 and marks a significant […]
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Bangladesh Money Supply Sparks Inflation Debate Bangladesh Money Supply Sparks Inflation Debate

Bangladesh Money Supply Sparks Inflation Debate

A senior economist from a leading Bangladeshi research institute has warned that recent government borrowing from the central bank could intensify inflationary pressures in the economy. Speaking at a seminar held in Dhaka on the economic situation of February and March, Ashikur Rahman, Chief Economist of the Policy Research Institute (PRI), stated that the government […]
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Bangladesh Exchange Rates April 2026 Bangladesh Exchange Rates April 2026

Bangladesh Exchange Rates April 2026

Bangladesh’s foreign exchange market continues to reflect the country’s expanding international trade network and its heavy reliance on remittance inflows from millions of citizens working abroad. These remittances remain a key pillar of the national economy, supporting household incomes and contributing significantly to foreign currency reserves. In this context, the latest exchange rates published for […]
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