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Category: Economy

Bangladesh Bank to Liquidate Six Ailing NBFIs Bangladesh Bank to Liquidate Six Ailing NBFIs

Bangladesh Bank to Liquidate Six Ailing NBFIs

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 21, 2026
The Bangladesh Bank is finalising preparations to initiate the liquidation of six non-bank financial institutions (NBFIs) that have been crippled by systemic corruption, gross mismanagement, and persistent irregularities. Senior officials at the central bank have indicated that the process is slated to commence before the upcoming Eid holidays, contingent upon the timely release of a […]
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Insurance Weekly Executive Shifts Takeovers and New Tech Insurance Weekly: Executive Shifts, Takeovers, and New Tech

Insurance Weekly: Executive Shifts, Takeovers, and New Tech

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 21, 2026
The global insurance landscape has witnessed a whirlwind of activity between 16 and 20 February 2026. From high-stakes acquisition talks in Europe to digital infrastructure overhauls in Southeast Asia, the sector remains in a state of rapid evolution. This week’s highlights include significant leadership appointments at Aon, the extension of a major takeover bid for […]
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Bangladesh Moves to Strengthen Insurance Oversight Bangladesh Moves to Strengthen Insurance Oversight

Bangladesh Moves to Strengthen Insurance Oversight

News Desk, GLive24.comFebruary 20, 2026
The Bangladesh Insurance Development and Regulatory Authority (IDRA) is set to acquire direct powers to inspect and seize documents and assets from insurance companies, under proposed amendments to the Insurance Act, 2010. The reforms aim to enhance governance, transparency, and accountability within the country’s insurance sector, which has long faced issues of irregularities and malpractice. […]
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HDI Global Targets Major International Expansion by 2029

HDI Global Targets Major International Expansion by 2029

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 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

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 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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Eastern Bank Expands Thalassaemia Care Support

Eastern Bank Expands Thalassaemia Care Support

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 20, 2026
Eastern Bank PLC has broadened its commitment to thalassaemia treatment in Bangladesh through a strategic partnership with the Bangladesh Thalassemia Foundation. The initiative, undertaken as part of the bank’s corporate social responsibility programme, is designed to strengthen advanced blood storage and transfusion facilities for low-income and underprivileged patients who rely on lifelong clinical care. The […]
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Central Bank Grants Premier Bank BDT 5000 Crore Lifeline Central Bank Grants Premier Bank BDT 5,000 Crore Lifeline

Central Bank Grants Premier Bank BDT 5,000 Crore Lifeline

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 20, 2026
In a decisive move to stabilise a fluttering private lender, Bangladesh Bank (BB) has extended an emergency liquidity support package worth BDT 5,000 crore to Premier Bank. The intervention follows a period of heightened anxiety amongst depositors, which triggered a significant outflow of funds and left the institution struggling to maintain its regulatory obligations. The […]
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Stability and Discipline Bangladeshs Economy in Q1 FY26 Stability and Discipline: Bangladesh’s Economy in Q1 FY26

Stability and Discipline: Bangladesh’s Economy in Q1 FY26

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 20, 2026
According to the latest quarterly assessment released by Bangladesh Bank, the national economy maintained a broadly stable trajectory throughout the first quarter of the 2026 fiscal year (Q1FY26). This resilience was underpinned by a triad of factors: a stabilising exchange rate, a robust external sector, and a steadfast commitment to rigorous policy tightening. The central […]
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