In a major policy revision designed to ease international financial constraints for citizens, Bangladesh Bank has expanded the annual foreign currency limit for overseas travel by 50 per cent. Under the updated directive, adult Bangladeshi nationals can now endorse and spend up to $18,000 (US dollars)—or the equivalent in other foreign currencies—within a single calendar […]

Bangladesh’s foreign exchange market has registered renewed stability, with the US dollar returning to earlier levels after experiencing upward pressure driven by compliance with International Monetary Fund (IMF) conditions. According to figures released by Bangladesh Bank and local commercial institutions on Sunday, 6 September 2026, foreign currency rates have cooled significantly following a brief period […]

Bangladesh’s life insurance industry is facing a growing credibility problem as billions of taka in claims remain unsettled, raising serious questions about the sector’s ability to provide the financial protection it promises to policyholders and their families. According to the latest official figures from the Insurance Development and Regulatory Authority, outstanding life insurance claims have […]

The Insurance Development and Regulatory Authority (IDRA) has paid Tk 14.51 crore in insurance claims to 2,549 customers by selling assets held by seven financially distressed life insurance companies, in an effort to address long-standing unpaid claims and restore confidence in the sector. The payments form part of a broader initiative to settle claims owed […]

Bangladesh Bank’s lenient rescheduling facilities fail to stem systemic distress as non-performing loans soar to 32.78 per cent. Non-performing loans (NPLs) in Bangladesh’s banking sector have breached the staggering six trillion taka mark, underscoring systemic fragility despite repeated policy concessions by the central bank. Official figures reveal a sharp deterioration over a single quarter, with […]