The government of Thailand has instructed insurers to simplify and expedite claims for those affected by severe flooding in the southern provinces. Prime Minister Anutin Charnvirakul emphasised that home and vehicle claims must be processed quickly. If original documents are destroyed or unavailable, policyholders can submit photographic evidence via Line and other designated digital channels […]

In recent months, currency held outside banks has been returning to bank vaults in significant volumes, offering some relief to commercial banks facing persistent liquidity constraints. Central bank data shows that approximately 260 billion taka flowed back into the banking sector over the four months leading up to October. Central bankers and money market analysts […]

Islamic banking in Bangladesh is entering a transformative phase, driven by evolving customer expectations, rapid technological advancements, and the growth of a digital financial ecosystem. Rising demand for accessible, transparent, and value-driven financial solutions is prompting institutions to prioritise innovation and modernisation, positioning technology as a cornerstone for enhancing trust and efficiency in Shariah-compliant services. […]

Midland Bank PLC has significantly enhanced its Corporate Social Responsibility (CSR) commitment by donating an ambulance to Anjuman Mufidul Islam. This charitable institution is recognised as one of the principal providers of ambulance services in Dhaka, extending its vital services—to both patients and deceased persons—within the capital and its surrounding areas. The donation, confirmed in […]

War risk insurance for vessels visiting ports in the Black Sea has surged nearly threefold following a series of attacks targeting Russia’s so-called shadow fleet. Analysts warn that maritime insurers are adjusting premiums rapidly as geopolitical tensions and operational hazards in the region intensify. According to Marsh, the world’s largest insurance broker, premiums for war […]

Mohammad Ali, Managing Director of Pubali Bank Limited, has been officially recognised as the “IRBA Transformation Leader in Bangladesh 2025” by the prestigious Awards Committee of the Islamic Retail Banking Awards (IRBA). The accolade highlights Ali’s outstanding leadership and his pivotal role in advancing the country’s Islamic banking sector. According to a press statement from […]