CHT Insurance Expansion Hampered by Language Barrier
The penetration rate of the insurance sector across Bangladesh remains notably low, fluctuating between just 0.33% and 0.5% of Gross Domestic Product (GDP). This baseline sits substantially beneath the global average. However, the deficit is at its most acute within the Chittagong Hill Tracts (CHT)—specifically across the districts of Rangamati, Khagrachhari, and Bandarban—where insurance services […]
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