Category: Business

Bank Asia Records Strong Deposit Growth

Bank Asia Records Strong Deposit Growth

Bank Asia PLC has delivered an impressive performance in the first quarter of 2026, registering a net deposit growth of Tk 40.0 billion (BDT 4,000 crore) during the January–March period. This notable achievement reflects rising customer confidence and reinforces the bank’s reputation as a stable and progressive financial institution. The substantial increase in deposits is […]
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SBC Requires 30% Payment for Reinsurance Renewal

SBC Requires 30% Payment for Reinsurance Renewal

The General Insurance Corporation (SBC) has imposed a new condition for private non-life insurers wishing to renew their reinsurance agreements, requiring the settlement of 30% of any outstanding reinsurance premiums before contracts can be finalised. This move comes amid economic and liquidity challenges affecting many insurers across the country. Legal Context of Reinsurance Bangladesh’s insurance […]
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Delivery Riders’ Insurance Coverage Present, Effectiveness Limited

Delivery Riders’ Insurance: Coverage Present, Effectiveness Limited

The surge in e-commerce and ride-sharing services across Bangladesh has driven a sharp increase in the number of delivery riders navigating busy city streets. Despite the existence of insurance schemes offered by major platforms, questions remain over how effectively these policies protect riders in real-world scenarios. Platform Insurance Programmes Leading delivery and ride-sharing platforms provide […]
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Private Credit Growth Slumps to Historic Low

Private Credit Growth Slumps to Historic Low

Bangladesh’s private sector credit growth fell to a record low of 6.03 per cent in February, highlighting the continued strain on lending amid political uncertainty and persistently high interest rates. Experts warn that, with the ongoing Iran war creating additional geopolitical risk, a near-term recovery in credit growth is unlikely. Data from Bangladesh Bank shows […]
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Bangladesh Lawmakers’ Insurance and Healthcare Benefits

Bangladesh Lawmakers’ Insurance and Healthcare Benefits

The inauguration of the new cabinet and the thirteenth national parliament has renewed public curiosity regarding the compensation and welfare entitlements of Bangladesh’s elected representatives. Beyond standard salaries, members of parliament (MPs) and government ministers receive designated insurance coverage and healthcare provisions, recognising the occupational risks inherent in public service. Accident Insurance for MPs In […]
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Islamic Interbank Market to Launch by June

Islamic Interbank Market to Launch by June

Bangladesh Bank is preparing to introduce a Shariah-compliant interbank money market by June this year, aiming to strengthen liquidity management for Islamic banks and enhance stability across the sector. Currently, Islamic banks in Bangladesh face significant challenges during liquidity shortages. Unlike conventional banks, they cannot access the call money market, which operates on interest-based transactions, […]
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NRBC Bank Celebrates Fourteenth Year Anniversary

NRBC Bank Celebrates Fourteenth Year Anniversary

NRBC Bank has proudly entered its 14th year of operations, surpassing thirteen years since its inception. To mark this milestone, the bank organised a formal ceremony emphasising its ongoing dedication to transparency, accountability, and strong governance. The event also highlighted NRBC Bank’s commitment to financial inclusion, aiming to bring banking services within reach of low-income […]
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Bengali QR Code Mandatory for All Transactions From July

Bengali QR Code Mandatory for All Transactions From July

Starting July 2026, all digital transactions at merchant points across Bangladesh must exclusively use the Bengali QR code, according to a new directive from Bangladesh Bank. Transactions via any other QR code or digital payment system will no longer be permitted. The central bank has mandated that all banks, mobile financial service (MFS) operators, and […]
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