In a significant intervention aimed at safeguarding the maritime industry, Bangladesh Bank has introduced a landmark debt-restructuring policy for both export-oriented and local shipbuilders. Effective immediately, the new regulations allow struggling maritime entrepreneurs to regularise defaulted loans with a nominal upfront payment, providing a much-needed lifeline to a sector crippled by global economic headwinds. A […]

In a strategic bid to restore public trust and encourage institutional transparency, the Insurance Development and Regulatory Authority (IDRA) has announced the recipients of the IDRA Insurance Excellence Award 2025. By identifying the most reliable performers in both the life and general insurance sectors, the regulator aims to create a benchmark for corporate governance in […]

BRAC Bank has entered into a strategic agreement with Nippon Paint Bangladesh to provide advanced transaction banking solutions, aiming to modernise and streamline the company’s financial operations. The collaboration seeks to enhance Nippon Paint’s receivables management, improve operational efficiency, and ensure greater transparency across its dealer and distributor networks. Under the terms of the agreement, […]