Depositors of Five Merged Islamic Banks to Receive Refunds
Five troubled Islamic banks are in the process of merging. First Security Islami Bank, Global Islami Bank, Social Islami Bank, …
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ICB Recommends Six-Year Extension for Beximco Sukuk
A working committee formed under the directives of Bangladesh Bank has recommended extending the maturity of Beximco Ltd’s Shariah-compliant green …
EXIM Bank arranges special meeting with ten Dhaka Division branches on investment recovery
EXIM Bank recently held a special meeting at its head office with ten major branches of the Dhaka Division, aiming …
Tai Po Fire: Hong Kong Insurers Accelerate Claims and Financial Support
After the devastating fire at Wang Fuk Court in Tai Po, Hong Kong insurers are expanding financial assistance and accelerating …
Thailand Orders Swift Compensation for Southern Flood Victims
The government of Thailand has instructed insurers to simplify and expedite claims for those affected by severe flooding in the …
Cash Held Outside Banks Declines as Deposits Return
In recent months, currency held outside banks has been returning to bank vaults in significant volumes, offering some relief to …
Technology-Driven Islamic Banking for the Future
Islamic banking in Bangladesh is entering a transformative phase, driven by evolving customer expectations, rapid technological advancements, and the growth …
Bangladesh Bank Purchases More Dollars to Stabilise Market
Bangladesh Bank has reinforced its active role in the foreign exchange market by purchasing 132 million US dollars from five …
Ambulance Donated from Islami Banking Fund
Midland Bank PLC has significantly enhanced its Corporate Social Responsibility (CSR) commitment by donating an ambulance to Anjuman Mufidul Islam. …
Insurance Costs Triple in Black Sea After Ukrainian Strikes
War risk insurance for vessels visiting ports in the Black Sea has surged nearly threefold following a series of attacks …