Category: Asia

brac bank and biffl unite for sme growth BRAC Bank and BIFFL Unite for SME Growth

BRAC Bank and BIFFL Unite for SME Growth

BRAC Bank PLC has formalised a strategic partnership with the Bangladesh Infrastructure Finance Fund Limited (BIFFL) to significantly broaden access to affordable financing for Small and Medium Enterprises (SMEs). This collaborative effort specifically targets the enhancement of the country’s food value chain, a sector critical to national food security and economic stability. By aligning their […]
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national life settles 175 crore taka in claims National Life Settles 1.75 Crore Taka in Claims

National Life Settles 1.75 Crore Taka in Claims

National Life Insurance PLC, the pre-eminent titan of Bangladesh’s insurance landscape, underscored its commitment to policyholder welfare by settling insurance claims totalling 1.75 Crore BDT. The significant payout took place on 27 December 2025 during a grand Year-End Review Meeting held at the Dream Holiday Park in Narsingdi. The company’s Chairman, Tofazzal Hossain, attended as […]
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idra issues new mandates for fire insurance rates IDRA Issues New Mandates for Fire Insurance Rates

IDRA Issues New Mandates for Fire Insurance Rates

The Insurance Development and Regulatory Authority (IDRA) has issued a rigorous set of eight directives aimed at non-life insurance companies regarding the approval of Fire Package Rates. In a formal communication released on Wednesday, 24 December, the regulator expressed concerns that the submission of applications lacking necessary documentation or failing to adhere to established guidelines […]
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