In a landmark move aimed at enhancing customer benefits across the banking and housing sectors, Prime Bank PLC and Akter Properties Limited have announced a strategic partnership designed to offer special incentives to prospective homebuyers. This collaboration integrates bank-supported financial solutions with exclusive property discounts, marking a significant step towards customer-centric services in Bangladesh. The […]

The Governor of the country’s central bank has resigned unexpectedly, following a period of internal unrest that has been described as one of the most turbulent episodes in the institution’s recent history. After a day of mounting tensions at the bank’s headquarters, his contract-based appointment was terminated, triggering widespread debate among economists, policymakers, and financial […]

Fresh concerns over the true financial health of the country’s banking industry have emerged following a high-level workshop organised by the Bangladesh Institute of Bank Management in the capital, Dhaka. Titled “Monetary Policy Statement: Relevance for Banks”, the event brought together policymakers, economists and senior banking executives, many of whom warned that concealed non-performing loans, […]

The tenure of Ahsan H. Mansur as the Governor of Bangladesh Bank reached a turbulent conclusion today, following a week of escalating internal strife and staff demonstrations. In a move that has sent ripples through the financial sector, the government has revoked Dr Mansur’s appointment and named Md. Mostakur Rahman, a prominent businessman and chartered […]

Astha Life Insurance Company Limited has formally entered into a strategic group insurance partnership with the Bangladesh Institute of Labour Studies (BILS). the agreement was ratified during a formal signing ceremony held on Wednesday at the corporate headquarters of Astha Life. The contract was signed by Brigadier General Shah Sagirul Islam (Retd), NDC, AFWC, PSC, […]