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Modhumoti Bank Strengthens Islamic Banking Expertise

Modhumoti Bank Strengthens Islamic Banking Expertise

GLive24.com DeskJanuary 26, 2026
Modhumoti Bank PLC has taken a significant step towards strengthening its institutional capacity in Shariah-compliant finance by organising a comprehensive, day-long professional training workshop on Islamic banking. Titled “Fundamentals of Islamic Banking: Concepts, Operations and Investment Mechanisms”, the programme was held on Saturday at the bank’s head office in Gulshan, Dhaka. The initiative is part […]
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Dhaka Bank Links with BIDA One-Stop Portal

Dhaka Bank Links with BIDA One-Stop Portal

GLive24.com DeskJanuary 25, 2026
Dhaka Bank PLC and the Bangladesh Investment Development Authority (BIIDA) have formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU), integrating Dhaka Bank’s services with BIIDA’s “One-Stop Service (OSS)” portal. The signing ceremony took place on 19 January 2025 at BIIDA’s conference hall in Agargaon, Dhaka, marking a significant step towards […]
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IDRA Excludes Public Strike Losses from Insurance

IDRA Excludes Public Strike Losses from Insurance

GLive24.com DeskJanuary 25, 2026
The Insurance Development and Regulatory Authority (IDRA) has recently issued a pivotal directive clarifying that losses arising from “public strikes” or mass sit-ins will not be covered under insurance policies. The instruction was officially communicated to the State Reinsurance Corporation (SRC) on 4 January 2026. SRC, the nation’s sole reinsurance institution, had earlier deliberated on […]
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Indonesia Faces Rising Life Insurance Fraud

Indonesia Faces Rising Life Insurance Fraud

GLive24.com DeskJanuary 25, 2026
Indonesia is witnessing a concerning surge in life insurance fraud, prompting heightened alert among regulators and industry experts. The country’s financial supervisory authority, the Financial Services Authority (OJK), has warned that these incidents are not isolated. Investigations suggest that systematically organised networks may be orchestrating fraudulent claims, posing significant financial and reputational risks to insurers […]
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Rupali Bank Sets Recovery Record

Rupali Bank Sets Recovery Record

GLive24.com DeskJanuary 25, 2026
At a time when Bangladesh’s banking sector continues to grapple with prolonged global economic headwinds, foreign exchange shortages, liquidity stress and a persistent rise in non-performing loans (NPLs), state-owned Rupali Bank Limited has delivered a notable counter-narrative. Through a combination of strict financial discipline, strengthened accountability and technology-driven management reforms, the bank recorded landmark achievements […]
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AI Revolution Reshapes Global Insurance Sector

AI Revolution Reshapes Global Insurance Sector

GLive24.com DeskJanuary 24, 2026
The global insurance industry has experienced a notably eventful week, marked by a combination of technological advancements, slow premium growth, and significant corporate developments. These factors are collectively reshaping both market sentiment and operational strategies across the sector. According to a recent report by Business Research Company, the market for generative artificial intelligence (AI) in […]
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Commercial Banks In Bangladesh Favour Low-Interest Safe Deposits

Commercial Banks In Bangladesh Favour Low-Interest Safe Deposits

GLive24.com DeskJanuary 24, 2026
Leading commercial banks in Bangladesh continue to park their excess funds in the low-interest Standing Deposit Facility (SDF), despite comparatively higher returns available in the interbank lending market. Analysts suggest that the prevailing trend is driven by a combination of reduced short-term funding demand and cautious attitudes towards riskier, longer-term investments. Market experts note that […]
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New Rules Limit Overseas Life Insurance Expenses

New Rules Limit Overseas Life Insurance Expenses

GLive24.com DeskJanuary 22, 2026
The Insurance Development and Regulatory Authority (IDRA) has introduced new rules to cap the operating expenses of life insurance companies’ overseas head offices. Published in the official gazette on 13 January 2026, the updated regulation — Life Insurance Business Management Expenses Ceiling Rules, 2020, Rule 4 — stipulates that expenditure by foreign-based head offices cannot […]
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