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Category: Economy

Central Bank Amends Operating Hours for Ramadan Central Bank Amends Operating Hours for Ramadan

Central Bank Amends Operating Hours for Ramadan

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 19, 2026
In anticipation of the holy month of Ramadan, Bangladesh Bank has officially formalised a revised operational schedule for all scheduled banks across the nation. The directive, issued by the central bank’s Department of Off-site Supervision, aims to accommodate the religious observances of both bank employees and the fasting public while ensuring that the country’s financial […]
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Guardian Life and Super Star Group Ink Deal Guardian Life and Super Star Group Ink Deal

Guardian Life and Super Star Group Ink Deal

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 19, 2026
A significant milestone in corporate welfare was reached on Monday, 16 February 2026, as Guardian Life Insurance Limited and the Super Star Group (SSG) formalised a strategic partnership. The agreement, signed at Guardian Life’s head office in Gulshan, marks a robust commitment to enhancing the financial and physical well-being of thousands of employees. The contract […]
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Bangladeshs New Finance Minister Pledges Economic Reform Bangladesh’s New Finance Minister Pledges Economic Reform

Bangladesh’s New Finance Minister Pledges Economic Reform

News Desk, GLive24.comFebruary 18, 2026
Bangladesh’s newly appointed Finance Minister, Amir Khasru Mahmud Chowdhury, has unequivocally stated that there is no room for a “patronage-based economy” in the country. In his first address to journalists at the Secretariat on Wednesday, he promised to open the nation’s economic framework to all citizens on an equal footing. “We cannot allow a patronage […]
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AIA Singapore Hits $40 Billion Payout Milestone

AIA Singapore Hits $40 Billion Payout Milestone

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 18, 2026
As part of its 95th anniversary celebrations, AIA Singapore has announced that over the past decade, the company has disbursed more than SGD 40 billion in protective claims and maturity benefits, supporting policyholders across the nation. This milestone underscores AIA Singapore’s long-standing commitment to providing financial security for protection, savings, and retirement needs. The SGD […]
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Digital bank licence stalled due to Bangladesh Banks objection "Digital bank licence stalled due to Bangladesh Bank's objection."

“Digital bank licence stalled due to Bangladesh Bank’s objection.”

News Desk, GLive24.comFebruary 18, 2026
On the eve of the formation of a new government, a sudden initiative to grant licences to digital banks has been halted following strong objections from the Bangladesh Bank Officers’ Welfare Council. The council voiced its protest by demanding the suspension of the central bank’s board meeting scheduled for Monday morning. Despite the board convening […]
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UCB Bank Launches Women-Focused “AIMA” Loan Programme

UCB Bank Launches Women-Focused “AIMA” Loan Programme

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 18, 2026
United Commercial Bank (UCB) has introduced a pioneering women-centric banking service, “AIMA”, aimed at enhancing financial empowerment and self-reliance among women across Bangladesh. Through this initiative, female customers can access loans for vehicle purchase, home construction, business expansion, personal expenses, and other approved purposes. The maximum loan limit under the programme is set at BDT […]
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In Cambodia Daiichi Life and Infinity General join forces in a new partnership "In Cambodia: Daiichi Life and Infinity General join forces in a new partnership."

“In Cambodia: Daiichi Life and Infinity General join forces in a new partnership.”

News Desk, GLive24.comFebruary 18, 2026
In a significant move to bolster Cambodia’s insurance sector, Daiichi Life and Infinity General have announced a strategic collaboration aimed at enhancing the domestic insurance market. The two firms recently signed a Memorandum of Understanding (MOU), marking the beginning of initiatives designed to strengthen professional capabilities and improve overall service quality across the sector. The […]
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Sena and Crystal Insurance Profits Rise Shares Fall on DSE Sena and Crystal Insurance: Profits Rise, Shares Fall on DSE

Sena and Crystal Insurance: Profits Rise, Shares Fall on DSE

News Desk, GLive24.comFebruary 18, 2026
Sena Insurance and Crystal Insurance witnessed notable declines on the Dhaka Stock Exchange (DSE) on Tuesday, despite reporting improved annual profits for 2025, raising questions over investor sentiment and market expectations. Army-managed general insurer Sena Insurance, a subsidiary of the Sena Kalyan Sangstha (SKS) of the Bangladesh Armed Forces, posted a year-on-year profit increase of […]
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Nabil Mustafizur Rahman Appointed Sammilito Islami Bank MD Nabil Mustafizur Rahman Appointed Sammilito Islami Bank MD

Nabil Mustafizur Rahman Appointed Sammilito Islami Bank MD

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 18, 2026
In a decisive move for Bangladesh’s evolving financial sector, the Ministry of Finance has formally sanctioned the appointment of Nabil Mustafizur Rahman as the Managing Director (MD) of the state-owned Sammilito Islami Bank PLC. This leadership transition marks a critical milestone for the newly established entity, which serves as a massive consolidation effort within the […]
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Zenith Islami Life Settles Death Claim Within 24 Hours Zenith Islami Life Settles Death Claim Within 24 Hours

Zenith Islami Life Settles Death Claim Within 24 Hours

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 18, 2026
In an industry often critiqued for bureaucratic delays, Zenith Islami Life Insurance PLC has set a new benchmark for operational efficiency and ethical commitment. The firm successfully processed and settled a death insurance claim at its Basurhat branch in Noakhali within a staggering 24-hour window, providing much-needed financial relief to a grieving family. A Swift […]
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