Category: Business

prime bank strengthens fertility care access Prime Bank Strengthens Fertility Care Access

Prime Bank Strengthens Fertility Care Access

Prime Bank PLC has entered into a strategic partnership with Meena IVF & Fertility Care Ltd to provide specialised healthcare benefits to its customers and employees. The initiative is intended to broaden the bank’s portfolio of value-added services while improving access to professional fertility and reproductive healthcare. The agreement was signed during a formal ceremony […]
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bank deposits surpass 20 lakh crore bdt milestone Bank Deposits Surpass 20 Lakh Crore BDT Milestone

Bank Deposits Surpass 20 Lakh Crore BDT Milestone

The Bangladeshi banking sector witnessed a significant resurgence in 2025, with deposit growth reaching a five-year zenith. According to the latest quarterly statistics released by Bangladesh Bank (BB), total savings in scheduled banks surged to 21 lakh crore BDT by the end of December. This represents a year-on-year increase of 11.51%, signaling a robust recovery […]
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crisis as bangladesh banking sector provisions fall short Crisis as Bangladesh Banking Sector Provisions Fall Short

Crisis as Bangladesh Banking Sector Provisions Fall Short

The structural integrity of Bangladesh’s financial architecture is facing an unprecedented challenge as burgeoning non-performing loans (NPLs) push the banking sector into a deep provisioning quagmire. As of December 2025, the sector has recorded a staggering provisioning shortfall of 191,780 crore BDT, a figure that underscores the severe erosion of capital buffers across state-owned and […]
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ebl and metlife honour top bankassurance achievers EBL and MetLife Honour Top Bankassurance Achievers

EBL and MetLife Honour Top Bankassurance Achievers

In a sophisticated display of corporate synergy, Eastern Bank PLC (EBL) and MetLife Bangladesh recently hosted the “Bankassurance Awards Night and Kick-off 2026.” The gala event was designed to celebrate the exceptional contributions of bank officials who have successfully bridged the gap between traditional banking and comprehensive insurance solutions for their clientele. Celebrating Strategic Synergy […]
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insurers advance expansion and strategic initiatives Insurers Advance Expansion and Strategic Initiatives

Insurers Advance Expansion and Strategic Initiatives

The week of 2–6 March 2026 proved to be a pivotal period for the global insurance sector, marked by strategic acquisitions, leadership appointments, office expansions, and substantial capital-raising efforts. These developments underscore the sector’s ongoing drive to consolidate operations, strengthen regional presence, and support long-term growth. Miller Expands into DubaiMiller has agreed to acquire Shields […]
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bangladeshi taka exchange rates overview Bangladeshi Taka Exchange Rates Overview

Bangladeshi Taka Exchange Rates Overview

As Bangladesh’s global trade continues to expand, monitoring the exchange rate of the Bangladeshi Taka against international currencies has become essential for businesses, investors, and individuals. Accurate and timely knowledge of these rates ensures proper financial planning for exports, imports, foreign investments, and personal remittances. On Saturday, 7 March 2026, the official exchange rates of […]
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covergo unveils ai agents transforming insurance operations CoverGo Unveils AI Agents Transforming Insurance Operations

CoverGo Unveils AI Agents Transforming Insurance Operations

Global InsurTech innovator CoverGo has launched a suite of specialised AI agents aimed at revolutionising insurance operations, accelerating the sector’s shift toward fully automated, AI-driven workflows. While many insurers have embraced digital systems, significant operational processes—spanning underwriting, distribution, claims management and policy servicing—remain largely rule-based, dependent on manual intervention. CoverGo’s new platform embeds domain-trained AI […]
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modern life launches ai platform transforming insurance Modern Life Launches AI Platform Transforming Insurance

Modern Life Launches AI Platform Transforming Insurance

Modern Life, a US-based life insurance distribution platform, has unveiled a pioneering AI-powered system aimed at redefining the way life insurance is sold and managed. The platform integrates artificial intelligence throughout the entire sales journey, promising a seamless experience for advisors and clients alike. According to industry reports, the traditional life insurance landscape has long […]
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southeast bank launches visa student credit card Southeast Bank Launches Visa Student Credit Card

Southeast Bank Launches Visa Student Credit Card

Dhaka, 5 March 2026 – Southeast Bank has unveiled a new financial product tailored specifically for students, named the Visa Student Credit Card. The launch event took place on Wednesday at the Sheraton Dhaka Hotel, marking a significant step towards empowering the youth with financial literacy and responsible borrowing habits. According to an official press […]
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