Sandhani Life Insurance Company Limited and Midland Bank PLC have formally launched a bancassurance collaboration aimed at offering customers an integrated platform for both banking and life insurance services. The initiative was inaugurated on Tuesday (7 April) at a simple ceremony held at Midland Bank’s head office. Through this partnership, Midland Bank customers will be […]

Bangladesh Bank has verbally cautioned several commercial banks against purchasing United States dollars at inflated exchange rates, in a bid to stabilise the country’s foreign exchange market and prevent unnecessary volatility. The issue was discussed on 9 April at a meeting in Dhaka between the central bank Governor Md Mostaqur Rahman and senior representatives of […]

Islamic banking in Bangladesh continued to register solid year-on-year expansion at the end of 2025, though the most recent quarterly indicators reveal a noticeable slowdown in momentum amid weaker external trade performance, softer employment trends, and a more cautious lending environment. According to Bangladesh Bank data, total deposits in the Islamic banking segment reached Tk […]

In a strategic effort to strengthen the nation’s export sector, Bangladesh Bank has reintroduced its pre-shipment credit refinance scheme. The decision follows a formal appeal from Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade organisation, reflecting the urgent need to support exporters amid global economic uncertainties. Originally launched in 2020, the […]