Bangladesh is preparing for significant amendments to the Insurance Corporation Act, which may bring substantial changes to the country’s reinsurance market. If implemented, the reforms could create new challenges for the state-owned Sadharan Bima Corporation (SBC), particularly in areas involving government expenditure, foreign-funded projects, and reinsurance income. Under the existing law, any government property or […]

Prime Bank PLC has reinforced its pledge to responsible, climate-conscious banking with the formal release of its latest Sustainability Report and Climate Action Report, marking another significant milestone in the institution’s long-term environmental and social strategy. The reports were unveiled at a ceremony held at The Westin Dhaka, underscoring the growing importance of sustainability within […]