National Life Insurance Company, one of Bangladesh’s major life insurance providers, marked its 42nd founding anniversary on Thursday (23 April) with a formal programme held at its head office in Kawran Bazar, Dhaka (NLI Tower). The occasion was observed through a balloon release, a cake-cutting ceremony, and an official discussion session. The programme brought together […]

The Government has approved a proposal to remove the existing upper age limit for the appointment of the Chairman and members of the Insurance Development and Regulatory Authority (IDRA), the statutory regulator of Bangladesh’s insurance sector. The decision was taken at a meeting of the Cabinet held on Thursday (23 April) at the Secretariat. During […]

Bank depositors in Bangladesh saw their real returns turn increasingly negative in 2025 as inflation remained higher than deposit interest rates, reducing the purchasing power of savings despite continued growth in overall bank deposits. According to the Bangladesh Bank report “Banking Sector Update 2025”, the weighted average interest rate on deposits was around 6% during […]

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 […]