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Category: Economy

Prime Bank Seminar Empowers Youth Financially

Prime Bank Seminar Empowers Youth Financially

Prime Bank PLC recently hosted a seminar titled “Financial Inclusion: Encouraging and Inspiring Youth in Banking” in collaboration with the Bangladesh University of Engineering and Technology (BUET) and its Career Club. Conducted under the bank’s flagship educational initiative, PrimeAcademia, the event aimed to foster financial literacy, innovation, and leadership skills among young people, equipping them […]
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NCC Bank Sets Out 2026 Growth Blueprint

NCC Bank Sets Out 2026 Growth Blueprint

NCC Bank Limited has outlined its strategic priorities for 2026 at a two-day annual business conference held at the Sea Pearl Beach Resort in Cox’s Bazar. Convened against a backdrop of persistent domestic and global economic uncertainty, elevated inflation, liquidity constraints in the financial sector and intensifying competition, the conference focused on charting a disciplined […]
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Pubali Bank and bKash Launch Automated Cash Management Pubali Bank and bKash Launch Automated Cash Management

Pubali Bank and bKash Launch Automated Cash Management

In a significant stride towards a digitalised financial ecosystem, Pubali Bank PLC has entered into a strategic partnership with bKash Limited, Bangladesh’s premier mobile financial service (MFS) provider. This collaboration marks the launch of a sophisticated, 24/7 automated cash management service tailored specifically for bKash’s vast network of agents, distributors, and commercial partners across the […]
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APAC Insurers Confidence in Complex Asset Tools Plummets APAC Insurers’ Confidence in Complex Asset Tools Plummets

APAC Insurers’ Confidence in Complex Asset Tools Plummets

A burgeoning crisis in investment operations is unfolding across the Asia-Pacific region. According to a comprehensive new study by Clearwater Analytics, insurers are grappling with severe systemic inadequacies as they pivot towards increasingly sophisticated investment strategies. The research, which surveyed 150 senior executives overseeing a staggering $3.8 trillion in assets under management (AUM), reveals a […]
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Port Stagnation Threatens to Derail Bangladeshs National Economy Port Stagnation Threatens to Derail Bangladesh’s National Economy

Port Stagnation Threatens to Derail Bangladesh’s National Economy

The critical role of logistical efficiency in sustaining national prosperity has come into sharp focus following recent industrial unrest at the Chattogram Port. Dr M. Masrur Reaz, Chairman of the private research organisation Policy Exchange Bangladesh, has issued a stark warning that any prolonged stagnation at the nation’s primary maritime gateway will have “catastrophic implications” […]
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Premier Bank Ousts CEO Following Central Bank Approval Premier Bank Ousts CEO Following Central Bank Approval

Premier Bank Ousts CEO Following Central Bank Approval

Premier Bank PLC has formally terminated the contract of its Managing Director and Chief Executive Officer, Md Abu Jafar, following a period of sustained administrative uncertainty. The dismissal, which became effective on Tuesday, 3rd February 2026, received the necessary regulatory clearance from Bangladesh Bank, the nation’s central financial authority. A Calculated Boardroom Exit The groundwork […]
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UBS Reports 56 Profit Surge Plans Further Share Buybacks UBS Reports 56% Profit Surge, Plans Further Share Buybacks

UBS Reports 56% Profit Surge, Plans Further Share Buybacks

Swiss banking giant UBS announced on Wednesday that its fourth-quarter net profit soared 56% year-on-year, significantly exceeding analyst expectations. The strong performance was primarily driven by the bank’s robust asset management and investment banking divisions. Alongside these results, UBS revealed plans for further share repurchases in 2026. As the world’s largest wealth manager, UBS has […]
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