Category: Business

IDRA Calls Stakeholder Meeting on Controversial Insurance Claim

IDRA Calls Stakeholder Meeting on Controversial Insurance Claim

The Insurance Development and Regulatory Authority (IDRA) has announced that it will convene a significant stakeholder meeting on 17 December 2025 at 3:30 pm in its conference hall. The meeting comes in the wake of the General Insurance Corporation’s decision, dated 3 March 2025, to reject the insurance and reinsurance claims submitted by ‘Popular Rising’, […]
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Prime Bank Launches Open Agricultural Loan Scheme

Prime Bank Launches Open Agricultural Loan Scheme

Prime Bank PLC recently inaugurated an Open Agricultural Loan Disbursement Programme at the Dakbangla Field in Hatibandha Upazila, Lalmonirhat, underscoring its unwavering commitment to empowering local farmers and promoting sustainable agricultural development. During the programme, a total of 288 farmers received loan cheques directly, providing them with immediate financial support to enhance productivity and farm […]
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Dhaka Medical College Gets Donation from Al-Arafah Islami Bank

Dhaka Medical College Gets Donation from Al-Arafah Islami Bank

In a remarkable demonstration of corporate social responsibility, Al-Arafah Islami Bank, one of Bangladesh’s leading Shariah-compliant financial institutions, has generously donated eight lakh Taka to Dhaka National Medical College. This significant contribution is aimed at enhancing the college’s medical facilities and ensuring the provision of high-quality healthcare services to patients. According to an official statement, […]
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Midland Bank Supports Bengal Institute with Generous Funding

Midland Bank Supports Bengal Institute with Generous Funding

The Midland Bank family has extended a substantial financial contribution of BDT 10 lakh to the Bengal Institute for Architecture, Landscapes, and Settlements. The funding is intended to support the comprehensive publication documenting the life and work of the eminent architect Muzharul Islam. Of the total grant, BDT 5 lakh has been provided through the […]
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Mandatory Interest Imposed on Delayed Insurance Claims

Mandatory Interest Imposed on Delayed Insurance Claims

Under the Insurance Act of Bangladesh, 2010, policyholders are legally entitled to receive interest on insurance claims that are not settled within the prescribed timeframe. Section 72 of the Act explicitly mandates that insurance companies must pay interest on claims that are delayed beyond a certain period. This provision aims to protect the rights of […]
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Year-End Pressures Drive Treasury Bill Yields Higher

Year-End Pressures Drive Treasury Bill Yields Higher

As Bangladesh edges towards the close of the calendar year, yields on government treasury bills are once again trending upwards, reflecting mounting pressures within the financial system. Analysts attribute this development to a combination of year-end liquidity constraints, a cautious stance adopted by commercial banks, and broader macroeconomic uncertainty. The upward movement is particularly pronounced […]
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Dollar Softens Slightly Amid Ongoing Exchange Rate Uncertainty

Foreign Exchange Market Sees Modest Dollar Adjustment After Stability

Bangladesh’s currency market began the week with a modest adjustment in the value of the US dollar, following a period of relative calm. On Sunday, the first working day of the week, trading data indicated a slight decline in the dollar’s rate, while other major currencies showed varied performance, reflecting the complex forces influencing the […]
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Can New Laws Save Bangladesh’s Insurance Policyholders

Can New Laws Save Bangladesh’s Insurance Policyholders?

As unpaid claims in Bangladesh’s life insurance sector continue to rise, regulatory authorities are turning to legislative reform as a potential lifeline for thousands of affected policyholders. The proposed Insurance Regulation Act 2025, currently in draft form, is being positioned as a mechanism to resolve deep-rooted structural failures that have left insurers unable—or unwilling—to honour […]
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Market Slump Raises Questions Over Liquidity, Confidence, and Short-Term Recovery

Market Slump Raises Questions Over Liquidity, Confidence, and Short-Term Recovery

Bangladesh’s stock markets faced renewed challenges at the start of the week, as falling share prices and declining turnover raised concerns about liquidity and investor confidence. Both the Dhaka Stock Exchange and the Chittagong Stock Exchange closed lower on Sunday, reflecting a cautious mood that has persisted in recent sessions. While the trading day began […]
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Regulatory Divide Leaves Private Bank Employees Feeling Disadvantaged

Regulatory Divide Leaves Private Bank Employees Feeling Disadvantaged

The implementation of separate incentive bonus policies for state-owned and private banks has reignited a long-standing debate over regulatory equity within Bangladesh’s financial system. While authorities insist that differentiated rules are necessary due to structural differences between the two sectors, private bank employees increasingly view the policy split as discriminatory and demoralising. Incentive bonuses have […]
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