Category: Business

Shahjalal Islami Bank Reviews Investment Strategy

Shahjalal Islami Bank Reviews Investment Strategy

The 913th meeting of the Executive Committee of Shahjalal Islami Bank PLC was convened on 18 February 2026 at the bank’s corporate head office, where senior leadership undertook a comprehensive review of the institution’s investment portfolio, sectoral credit allocation and medium-term financial planning. The session focused on preserving asset quality and ensuring sustainable growth in […]
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Eastern Bank Expands Thalassaemia Care Support

Eastern Bank Expands Thalassaemia Care Support

Eastern Bank PLC has broadened its commitment to thalassaemia treatment in Bangladesh through a strategic partnership with the Bangladesh Thalassemia Foundation. The initiative, undertaken as part of the bank’s corporate social responsibility programme, is designed to strengthen advanced blood storage and transfusion facilities for low-income and underprivileged patients who rely on lifelong clinical care. The […]
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Sub-Branches Drive Significant Loan, Deposit Growth

Sub-Branches Drive Significant Loan, Deposit Growth

Recent statistics from Bangladesh Bank indicate that during the July–September 2025 quarter, loans and advances disbursed through bank sub-branches rose notably, surpassing the average growth rate of the overall banking sector. This reflects the increasing importance of sub-branches in expanding financial outreach. According to the central bank’s data, total loans distributed via sub-branches increased from […]
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MSIG Asia Accelerates Digital Transformation with Peak3

MSIG Asia Accelerates Digital Transformation with Peak3

MSIG Asia, a leading private insurance company in Asia, has announced a strategic partnership with technology firm Peak3 to advance the management of its digital insurance platform. This collaboration aims to accelerate the company’s digital strategy while strengthening its presence across multiple Asian markets. In a statement released from Singapore on 12 March 2026, MSIG […]
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Sandhani Life’s 2026 Business Development Summit

Sandhani Life’s 2026 Business Development Summit

The Thakurgaon branch of Sandhani Life Insurance Company Limited recently hosted a significant business development meeting and awards ceremony for the year 2026. The event saw active participation from senior officials and staff across various regional branches, highlighting the company’s commitment to strategic growth and employee engagement. The meeting was convened at the branch office […]
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New Citizens Bank Branch in Lohagara

New Citizens Bank Branch in Lohagara

Citizens Bank PLC has formally inaugurated a new branch in Lohagara, Chattogram, marking a further step in its strategy to deepen financial inclusion and extend structured banking services to semi-urban and peripheral regions of Bangladesh. The expansion reflects the bank’s broader commitment to supporting grassroots economic activity and strengthening access to formal finance beyond major […]
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AIA Singapore Hits $40 Billion Payout Milestone

AIA Singapore Hits $40 Billion Payout Milestone

As part of its 95th anniversary celebrations, AIA Singapore has announced that over the past decade, the company has disbursed more than SGD 40 billion in protective claims and maturity benefits, supporting policyholders across the nation. This milestone underscores AIA Singapore’s long-standing commitment to providing financial security for protection, savings, and retirement needs. The SGD […]
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UCB Bank Launches Women-Focused “AIMA” Loan Programme

UCB Bank Launches Women-Focused “AIMA” Loan Programme

United Commercial Bank (UCB) has introduced a pioneering women-centric banking service, “AIMA”, aimed at enhancing financial empowerment and self-reliance among women across Bangladesh. Through this initiative, female customers can access loans for vehicle purchase, home construction, business expansion, personal expenses, and other approved purposes. The maximum loan limit under the programme is set at BDT […]
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Al-Arafah Islami Bank and Seamax Forge Rural Partnership

Al-Arafah Islami Bank and Seamax Forge Rural Partnership

Al-Arafah Islami Bank PLC, one of Bangladesh’s leading Shariah-compliant financial institutions, has entered into a strategic partnership with Seamax Limited, marking a significant stride towards advancing agricultural and rural development across the country. The collaboration was formalised through the signing of a Memorandum of Understanding (MoU) at the bank’s headquarters, a press release confirmed. Under […]
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Hong Kong Insurance Capital Rules Undergo Reform

Hong Kong Insurance Capital Rules Undergo Reform

The Insurance Authority (IA) of Hong Kong has unveiled a set of proposed amendments to the capital framework for insurers, aiming to provide some companies with reduced capital requirements. According to analysis by Fitch Ratings, however, the overall impact on locally rated insurers is expected to be credit-neutral, as the agency primarily assesses capital adequacy […]
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