Hong Kong Insurers Confront Escalating Tech Challenges
Hong Kong’s insurance sector is facing mounting pressure to modernise its payment infrastructures and enhance cyber protection mechanisms. This comes …
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Strong Premium Growth Boosts MS Amlin Annual Profit
Global reinsurer MS Amlin has posted a standalone net profit after tax of $312 million (£268 million) for the financial …
Importers and Lenders Face Disruptions From Trade Finance Cap
The Association of Bankers, Bangladesh (ABB) has formally appealed to Bangladesh Bank to revise its recently tightened ceiling on foreign …
Central Bank and Shimanto Bank Partner for CMSME Growth
Shimanto Bank PLC has entered into a formal partnership with the central bank of Bangladesh to enhance credit availability for …
Prime Bank Unveils Cashless QR Cattle Purchasing System
Prime Bank PLC has launched a specialized Bangla QR-based transaction system tailored for purchasing sacrificial livestock ahead of the Eid-ul-Adha …
Five Lakh Crore Taka Stolen From Banking Sector
The Governor of Bangladesh Bank, Mohammad Mostakur Rahman, has stated that approximately 5 lakh crore Taka has been stolen from …
Islami Bank Chairman Submits Resignation Amid Disputes
The chairman of Islami Bank Bangladesh PLC, M Zubaydur Rahman, has resigned from his position. On Sunday, 24 May, he …
Central Bank Permits Profits on Shipping Accounts
The central bank, Bangladesh Bank, has announced a significant financial facility aimed at Bangladeshi shipping companies and airlines that maintain …
Foreign Reserves Rise Ahead of Eid
Bangladesh has recorded a notable rise in its foreign exchange reserves on the eve of Eid-ul-Azha, offering a measure of …
Supply Chain Indemnity Safeguards Sacrificial Livestock Transport Sector
As the annual Eid-ul-Adha festive period approaches, a vast national supply chain has been mobilised across Bangladesh to manage the …