Category: Business

LC Payment Failures Shake Textile Sector

April 22, 2026

Textile exporters in Bangladesh are facing prolonged financial strain as a significant volume of overdue payments remains unsettled against local back-to-back letters of credit (LCs), with liabilities estimated at around Tk3,000 crore to Tk4,000 crore accumulated over the past five years. Industry stakeholders and bankers report that more than a dozen financially distressed commercial banks […]

Bangladesh’s Reserves Climb to $30.46 Billion

April 22, 2026

Bangladesh’s gross foreign exchange reserves stood at $30.46 billion on 21 April, reflecting a marginal rise from $30.37 billion recorded earlier, according to officials of the central bank. The latest figure was confirmed by Arif Hossain Khan, spokesperson and Executive Director of Bangladesh Bank, while briefing journalists. He noted that the adjustment in reserves reflects […]

Rupali Bank Under Pressure From Loan Surge

April 22, 2026

The volume of forced loans at Rupali Bank reached $1.87 billion by the end of December 2025, nearly doubling within four years, according to an inspection by the Bangladesh Bank. The increase highlights growing pressure on the bank’s financial stability and operational controls. Central bank data indicates that forced loans rose by 91.59% from $976 […]

Global Disaster Risks Strain Public-Private Insurance Models

April 21, 2026

The global landscape for catastrophe protection is reaching a critical juncture as the escalating frequency and severity of both natural and man-made disasters threaten the viability of traditional risk-sharing frameworks. A seminal report recently published by The Geneva Association warns that the current architecture of Public-Private Insurance Programmes (PPIPs) must undergo a fundamental shift towards […]

Taiwan Foreign-Currency Insurance Sales Surge by 30 Per Cent

April 21, 2026

The Taiwanese insurance landscape underwent a significant transformation throughout 2025, as appetite for foreign-currency-denominated products reached new heights. According to the latest figures released by the Insurance Bureau under the Financial Supervisory Commission, the sector witnessed a robust 30% year-on-year increase in new business premiums. By the close of December 2025, total premium income for […]

NRBC Bank Signs UK Remittance Deal with BRAC Saajan Exchange Ltd

April 21, 2026

NRBC Bank PLC has signed a remittance distribution agreement with BRAC Saajan Exchange Ltd, United Kingdom, to enhance the flow of remittances from expatriate Bangladeshis to beneficiaries in Bangladesh through formal banking channels. A press release from NRBC Bank PLC stated that the signing ceremony was held on Monday (20 April 2026) at the bank’s […]

Disaster Risk Challenges Insurance Systems

April 21, 2026

A new report published by The Geneva Association has highlighted increasing pressure on public–private insurance frameworks as the frequency and severity of disasters continue to rise globally. The findings suggest that without stronger integration of risk reduction measures, the long-term viability of these programmes may be undermined. The study reviewed 14 public–private insurance programmes (PPIPs) […]

Meghna Life Insurance Hands Over Death Claim

April 21, 2026

Meghna Life Insurance PLC’s Islamic Insurance (Takaful) Division has settled a death claim worth Tk 30,51,200 in Bogura, as part of its routine claims settlement programme. The cheque was formally handed over on Sunday (19 April) at a ceremony organised at Hotel Castle Saoad in Bogura city. The payment was made to Ms Akhiyara Khatun, […]

Islami Bank emerges top dollar seller to BB

April 21, 2026

Islami Bank Bangladesh PLC has emerged as the largest supplier of US dollars to Bangladesh Bank’s ongoing foreign exchange (forex) market intervention, accounting for the highest share of greenback sales among all participating commercial banks in the current fiscal year. According to Bangladesh Bank (BB), the central bank purchased a total of $5.56 billion from […]

Meghna Bank Launches DPDC Booth at Satmasjid Road

April 21, 2026

Meghna Bank PLC has inaugurated a bill collection booth for the Dhaka Power Distribution Company (DPDC) at Satmasjid Road in the Dhanmondi area of Dhaka, with the objective of improving accessibility and convenience in the payment of electricity bills for customers. According to a press release, the booth was inaugurated recently at a formal ceremony […]

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Category: Business

LC Payment Failures Shake Textile Sector

Bangladesh’s Reserves Climb to $30.46 Billion

Rupali Bank Under Pressure From Loan Surge

Global Disaster Risks Strain Public-Private Insurance Models

Taiwan Foreign-Currency Insurance Sales Surge by 30 Per Cent

NRBC Bank Signs UK Remittance Deal with BRAC Saajan Exchange Ltd

Disaster Risk Challenges Insurance Systems

Meghna Life Insurance Hands Over Death Claim

Islami Bank emerges top dollar seller to BB

Meghna Bank Launches DPDC Booth at Satmasjid Road

Most Read

Premier Bank Opens Applications for Senior MIS Leadership Role

Three More Die with Measles Symptoms as 1,349 Cases Emerge

Rupee Struggles Near Record Low Despite Central Bank Support

Auto-Rickshaw Driver Arrested Over Schoolgirl’s Death in Cumilla

AI Reshapes India’s Insurance Sector Through Smarter Services

Ilaiyaraaja’s Classic Compositions Strike a Chord with Gen Z

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