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Category: Business

Bangladesh Reserves Edge Up to $30.46bn

Bangladesh Reserves Edge Up to $30.46bn

Bangladesh’s gross foreign exchange reserves stood at $30.46 billion as of 21 April, marking a slight increase from the previous level of $30.37 billion, according to central bank officials. The updated figure was confirmed by Arif Hossain Khan, spokesperson and Executive Director of Bangladesh Bank, while speaking to journalists. The revision reflects recent foreign currency […]
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NRBC Bank partners BRAC Saajan for remittance services

NRBC Bank partners BRAC Saajan for remittance services

NRBC Bank PLC has formalised a remittance distribution agreement with BRAC Saajan Exchange Ltd, United Kingdom, aimed at facilitating the transfer of funds sent by Bangladeshi expatriates to their beneficiaries in Bangladesh through formal banking channels. According to a press release issued by NRBC Bank PLC, the signing ceremony was held on Monday (20 April […]
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Rising Disaster Costs Pressure Insurance Systems

Rising Disaster Costs Pressure Insurance Systems

A new report from The Geneva Association has warned that increasing disaster risks are placing sustained pressure on public–private insurance frameworks worldwide, raising concerns about their long-term sustainability unless stronger emphasis is placed on risk reduction and resilience. The study assessed 14 public–private insurance programmes (PPIPs) and found that, although many have played a role […]
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Islami Bank remains top dollar supplier to BB

Islami Bank remains top dollar supplier to BB

Islami Bank Bangladesh PLC has become the leading contributor to the Bangladesh Bank’s ongoing foreign exchange (forex) market intervention, supplying the largest share of US dollars purchased by the central bank in the current fiscal year. Bangladesh Bank (BB) has been actively purchasing foreign currency from commercial banks as part of its intervention strategy under […]
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SBAC Bank Hosts Women Business Workshop

SBAC Bank Hosts Women Business Workshop

SBAC Bank PLC has arranged a comprehensive, day-long workshop on financial management to strengthen the operational and managerial capacity of women entrepreneurs engaged in the CMSME sector. The programme was conducted under the supervision of Bangladesh Bank, reflecting continued institutional emphasis on inclusive financial development. Held on Sunday, 19 April 2026, the workshop took place […]
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Asia Energy Insurance Faces Ongoing Pricing Pressure

Asia Energy Insurance Faces Ongoing Pricing Pressure

Asia’s energy insurance sector continues to operate in a buyer-friendly environment, with competitive pricing sustained by low regional loss activity and abundant underwriting capacity, even as global geopolitical and economic risks intensify. Data from Willis, a business of Willis Towers Watson Public Limited Company, shows that oil and gas production losses across Asia remained subdued […]
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India Launches $1.4bn Insurance Pool

India Launches $1.4bn Insurance Pool

India has approved the creation of a sovereign-backed maritime insurance mechanism worth 129.8 billion rupees (approximately US$1.4 billion) to strengthen the resilience of its shipping and trade sectors amid global geopolitical instability and volatility in international insurance markets. The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi on 18 April […]
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