Bangladesh Faces Rising Pressures From Looming Sovereign Debt

Bangladesh Faces Rising Pressures From Looming Sovereign Debt

Sovereign financial obligations and internal borrowing frameworks have undergone significant re-alignments during the current fiscal year. According to the latest…

MS Amlin Reports Strong Premium and Profit Growth

MS Amlin Reports Strong Premium and Profit Growth

The global reinsurance and insurance specialist MS Amlin has disclosed its financial results for the twelve months ending 31 December…

Hong Kong Insurers Confront Escalating Tech Challenges

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…

Strong Premium Growth Boosts MS Amlin Annual Profit

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

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

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 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

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

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

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…