Category: Business

Risk Compliance Prioritised at NRBC Bank 2025 Conference Risk Compliance Prioritised at NRBC Bank 2025 Conference

Risk Compliance Prioritised at NRBC Bank 2025 Conference

In a decisive move to bolster its institutional resilience, NRBC Bank PLC convened its Annual Risk Management Conference on 27 December 2025 in Dhaka. The summit, held in a hybrid format to integrate participants from across its nationwide network, focused on the critical pillars of risk governance, sustainable banking, and the integration of modern technology […]
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Chairman Hands Over 1.75 Crore Taka Claim Cheques Chairman Hands Over 1.75 Crore Taka Claim Cheques

Chairman Hands Over 1.75 Crore Taka Claim Cheques

National Life Insurance PLC, the largest entity in Bangladesh’s insurance sector, demonstrated its financial strength and commitment to policyholders by settling claims worth 1.75 Crore BDT. The disbursement took place on 27 December 2025 during the company’s year-end review summit at Dream Holiday Park in Narsingdi. Chairman Tofazzal Hossain, acting as the chief guest, personally […]
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National Life Hosts Grand Year End Strategy Summit National Life Hosts Grand Year-End Strategy Summit

National Life Hosts Grand Year-End Strategy Summit

On 27 December 2025, National Life Insurance PLC, the pre-eminent titan of Bangladesh’s insurance sector, convened its comprehensive Year-End Review Meeting at the Dream Holiday Park in Narsingdi. The event, marked by a formidable attendance of over 6,000 development officers from the Brahmanbaria, Sylhet, and Narsingdi regions, served as a platform to celebrate financial milestones […]
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IDRA Tightens Fire Insurance Package Rate Approvals IDRA Tightens Fire Insurance Package Rate Approvals

IDRA Tightens Fire Insurance Package Rate Approvals

The Insurance Development and Regulatory Authority (IDRA) has introduced a stringent eight-point directive for non-life insurance companies seeking approval for fire package rates. In a formal circular issued on Wednesday, 24 December, the regulator noted that inconsistent application filings, missing documentation, and a general disregard for established protocols have significantly disrupted its administrative functions. To […]
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Depositors to Receive Refunds from Five Merged Islamic Banks Depositors to Receive Refunds from Five Merged Islamic Banks

Depositors to Receive Refunds from Five Merged Islamic Banks

Depositors of five financially troubled Islamic banks, recently merged under the banner of United Islamic Bank, are set to begin receiving refunds from next week. Under the deposit insurance scheme, customers will initially be able to withdraw up to BDT 200,000 in a single transaction. A senior official from Bangladesh Bank confirmed on Thursday that […]
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Prime Bank and Fame Group Forge Employee Payroll Deal Prime Bank and Fame Group Forge Employee Payroll Deal

Prime Bank and Fame Group Forge Employee Payroll Deal

Dhaka: In a move set to enhance employee financial services, Prime Bank PLC has signed a comprehensive payroll agreement with Fame Group, establishing a strategic corporate banking collaboration. The formal signing took place at Prime Bank’s corporate office in Dhaka, attended by senior executives from both organisations. Under this agreement, employees of Fame Group will […]
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BRAC Bank ‘Chalo Videsh Best Honorary Award Distribution BRAC Bank ‘Chalo Videsh’ Best Honorary Award Distribution

BRAC Bank ‘Chalo Videsh’ Best Honorary Award Distribution

BRAC Bank has formally recognised the top performers of its flagship bancassurance campaign, “Cholo Bidesh”, implemented in strategic collaboration with Pragati Life Insurance PLC. The initiative represents a significant milestone in the bank’s ongoing efforts to broaden access to insurance solutions while fostering customer-centric financial services. The campaign showcased the successful synergy between BRAC Bank […]
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Nationwide Saturday Bank Opening to Facilitate Election Filings Nationwide Saturday Bank Opening to Facilitate Election Filings

Nationwide Saturday Bank Opening to Facilitate Election Filings

In a decisive move to ensure the smooth progression of the democratic process, Bangladesh Bank has announced that all scheduled banks across the nation will remain operational this coming Saturday, 27th December. The central bank’s directive, circulated on Wednesday, was issued following a formal petition from the Election Commission. This intervention is designed to assist […]
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Prime Islami Life Celebrates Quarter Century Milestone at AGM Prime Islami Life Celebrates Quarter-Century Milestone at AGM

Prime Islami Life Celebrates Quarter-Century Milestone at AGM

The twenty-fifth Annual General Meeting of Prime Islami Life Insurance Limited was successfully convened on Wednesday, 24th December, at the elegant Sena Gourab Hall within the SKS Tower, Mohakhali. Presided over by the Chairman of the Board of Directors, Mr. Mohammad Akhtar, the assembly marked a momentous silver jubilee for the institution. The event served […]
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IMAC Unveils 2026 Executive Committee and Talent Initiative

IMAC Unveils 2026 Executive Committee and Talent Initiative

The Insurance Managers Association of Cayman (IMAC), the leading professional body representing insurance managers, captive insurance companies, and related service providers in the Cayman Islands, has announced its 2026 Executive Committee at the Annual General Meeting (AGM) held on 11 December 2025. IMAC continues to play a pivotal role in maintaining effective engagement with local […]
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