In a significant policy reversal, Bangladesh Bank has announced that depositors of five banks currently undergoing a consolidation process will receive an annual dividend of 4 per cent for the years 2024 and 2025. This decision overturns a previous directive that had suspended dividends for the same period, a move that had generated considerable dissatisfaction […]

Bangladesh Bank is set to establish a Bank Restructuring and Resolution Fund (BRRF) aimed at strengthening financial stability and facilitating the restructuring of failing banks. The fund seeks to raise up to Tk 40,000 crore, reducing reliance on government taxpayer support and enabling banks to recover independently. The concept of this fund is inspired by […]

Government primary school teachers in Bangladesh operate within tight financial constraints while shouldering significant family responsibilities, social obligations, and long-term security concerns. Most are posted within their own localities, which deepens their engagement with family life, community participation, and the local economy. Alongside their teaching duties, many teachers seek supplementary income through small-scale, productive activities […]

The Insurance Development and Regulatory Authority of Bangladesh (IDRA) has issued a comprehensive directive establishing standardised guidelines for determining the Full Insured Value (FIV) of motor vehicles. The move is intended to enhance transparency, reliability, and efficiency in insurance premium calculations and claim settlements for both insurers and policyholders. Under the new directive, the FIV […]