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Category: Business

Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

GLive24.com DeskFebruary 23, 2026
In a timely move to alleviate financial pressure on jute exporters, Bangladesh Bank has extended the deadline for applying for loan rescheduling. The decision comes as the country’s raw jute export sector, one of the nation’s key foreign currency earners, faces multiple challenges, including shipping delays, fluctuating raw material prices, and declining international market values. […]
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Prime Bank, Wecon Seal Housing Pact

Prime Bank, Wecon Seal Housing Pact

GLive24.com DeskFebruary 22, 2026
Prime Bank PLC has entered into a strategic partnership with Wecon Properties Ltd aimed at broadening access to structured and customer-friendly home financing solutions across Bangladesh’s growing urban centres. The agreement is expected to facilitate improved affordability and streamlined processes for prospective homeowners seeking quality residential apartments developed by Wecon. The signing ceremony took place […]
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Global Insurance Industry Advances

Global Insurance Industry Advances

GLive24.com DeskFebruary 21, 2026
Between 16 and 20 February, the international insurance sector experienced notable developments spanning leadership restructuring, regulatory oversight, strategic realignment, product innovation, and digital transformation. Collectively, these movements underscore an ongoing structural evolution across global markets, particularly within Asia. In terms of executive leadership, a major global brokerage and risk advisory firm appointed a new Chief […]
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Dai-ichi Life Raises Profit Forecast

Dai-ichi Life Raises Profit Forecast

GLive24.com DeskFebruary 21, 2026
Dai-ichi Life has upgraded its full-year earnings guidance, reflecting improved investment conditions, firmer bond yields and sustained policy retention, according to an analysis published on 17 February 2026. The insurer has raised its adjusted profit forecast for the financial year ending March 2026 to $3.3 billion (¥500 billion), an increase of $0.2 billion (¥30 billion) […]
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Private Banks’ Lending Surge Raises Alarm

Private Banks’ Lending Surge Raises Alarm

GLive24.com DeskFebruary 21, 2026
Aggressive credit expansion by private commercial banks is heightening systemic risk within the national banking sector, according to a recent analytical report issued by the central bank. The assessment identifies three converging pressure points: lending beyond regulatory ceilings, a sustained rise in non-performing loans, and a marked slowdown in deposit growth. Together, these dynamics are […]
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HDI Global Targets Major International Expansion by 2029

HDI Global Targets Major International Expansion by 2029

GLive24.com DeskFebruary 20, 2026
HDI Global has unveiled a precise four-year strategic plan spanning 2026 to 2029, aimed at accelerating international expansion while strengthening profitability. Branded Accelerate29, the strategy focuses on global growth, disciplined underwriting, claims management, workforce development, and targeted technological investments. The executive team described the plan as a coordinated approach that combines “operational excellence” with rapid […]
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Shahjalal Islami Bank Reviews Investment Strategy

Shahjalal Islami Bank Reviews Investment Strategy

GLive24.com DeskFebruary 20, 2026
The 913th meeting of the Executive Committee of Shahjalal Islami Bank PLC was convened on 18 February 2026 at the bank’s corporate head office, where senior leadership undertook a comprehensive review of the institution’s investment portfolio, sectoral credit allocation and medium-term financial planning. The session focused on preserving asset quality and ensuring sustainable growth in […]
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