Category: Business

Bangladesh Current Account Shows Strong Recovery

April 4, 2026

Bangladesh’s current account balance recorded a sharp improvement in the 2024-25 fiscal year, reflecting robust export performance and surging remittance inflows. Nevertheless, the country continues to face challenges from a sizeable trade deficit, which limits overall external stability. According to the latest data from the Bangladesh Bank, the current account balance rose to Tk 15.1 […]

Insurance Exposure Fuels Private Credit Concerns

April 3, 2026

A growing body of concern among investors and economists is centring on an often overlooked vulnerability within the private credit market: the substantial and expanding role of the life insurance industry. Private credit—lending provided outside traditional banking channels—is already showing signs of strain. Increasing numbers of investors in private credit funds are seeking to withdraw […]

Meghna Bank Opens Recovery Officer Roles

April 3, 2026

Meghna Bank PLC has issued a recruitment notice for the position of Recovery Officer (SO to PO grade) under its Special Asset Management Division (SAMD), inviting applications from qualified professionals across several regions of Bangladesh. The application process began on 1 April 2026 and will remain open until 15 April 2026. Interested candidates must apply […]

Banking Hours Rescheduled Nationwide

April 3, 2026

The government has announced a revised schedule for banking transactions as part of a broader package of cost-saving measures introduced in response to ongoing global energy pressures linked to heightened tensions in the Middle East. The decision forms part of a wider set of austerity initiatives aimed at reducing operational expenditure across public and private […]

Bangladesh Tightens Banking Risk Oversight Framework

April 2, 2026

Bangladesh Bank has intensified its supervisory measures across the country’s banking sector in a bid to identify risks—particularly non-performing loans (NPLs)—at an earlier stage and strengthen overall financial stability. The central bank has instructed scheduled commercial banks to submit interim audit reports within the stipulated timeframe as part of its enhanced regulatory framework. The directive […]

Bangladesh Foreign Reserves Climb to $34.43bn

April 2, 2026

Bangladesh’s foreign exchange reserves have risen to 34.43 billion US dollars, according to the latest data published by Bangladesh Bank, signalling a gradual strengthening of the country’s external sector position amid record remittance inflows and improving macroeconomic stability. The figures were confirmed on Thursday (2 April) by Arif Hossain Khan, Executive Director and spokesperson of […]

Covéa Modernises Fraud Controls with Shift

April 2, 2026

UK insurer Covéa has embarked on a comprehensive transformation of its fraud and risk management processes, partnering with Shift Technology as a long-term strategic ally. The initiative introduces a unified, end-to-end platform covering underwriting, claims handling, and mid-term policy adjustments, replacing the insurer’s previously fragmented approach to risk detection. This move enables Covéa to maintain […]

Covéa Modernises Fraud Controls with Shift

April 2, 2026

US Treasury Engages Regulators on Private Credit

April 2, 2026

April 1, 2026 – The U.S. Treasury Department announced on Wednesday that it will convene a series of meetings with both domestic and international insurance regulators to examine recent developments in private credit markets. The initiative comes amid mounting concerns over the health of the $2 trillion non-bank lending sector and its potential ripple effects […]