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Category: Economy

Islamic Bank Reviews Shariah Governance Framework

Islamic Bank Reviews Shariah Governance Framework

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 29, 2026
Islami Bank Bangladesh PLC has undertaken a comprehensive review of its Shariah governance framework as part of its ongoing efforts to strengthen and modernise its Shariah-compliant banking operations. The review was conducted through a key meeting of the bank’s Shariah Supervisory Committee, held on Tuesday, 27 January 2026, at Islami Bank Tower in Dhaka. The […]
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Astha Life Secures Group Coverage for Sweet Group Astha Life Secures Group Coverage for Sweet Group

Astha Life Secures Group Coverage for Sweet Group

Sharif Al Nahian | Sub-Editor | GLive24.comJanuary 29, 2026
In a significant move to enhance employee welfare and corporate security, Astha Life Insurance Company Limited has formalised a comprehensive group insurance agreement with the Sweet Group. The signing ceremony took place on Wednesday, 28 January, at the corporate headquarters of Astha Life, marking a strategic partnership between the burgeoning insurer and the diversified conglomerate. […]
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Green Delta Secures Excellence Award Amid Financial Decline Green Delta Secures Excellence Award Amid Financial Decline

Green Delta Secures Excellence Award Amid Financial Decline

Sharif Al Nahian | Sub-Editor | GLive24.comJanuary 29, 2026
In a move that has raised eyebrows across the financial sector, the Insurance Development and Regulatory Authority (IDRA) has conferred the “IDRA Insurance Excellence Award 2025” upon Green Delta Insurance PLC. While the regulator cites “outstanding performance” and corporate governance as the rationale for the accolade, a deep dive into the firm’s recent annual reports […]
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Top Bankers Propose Stricter Measures to Curb Bad Loans Top Bankers Propose Stricter Measures to Curb Bad Loans

Top Bankers Propose Stricter Measures to Curb Bad Loans

GLive24.com DeskJanuary 28, 2026
The Association of Bankers, Bangladesh (ABB), the premier organisation representing the nation’s senior banking executives, has submitted a comprehensive set of proposals to tackle the escalating problem of non-performing loans (NPLs) in the country’s banking sector. The recommendations, formally sent to the Governor of Bangladesh Bank, Ahsan H. Mansur, aim to curb defaults, enhance cash […]
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Japanese Motor Insurance Faces Intensifying Margin Pressure

Japanese Motor Insurance Faces Intensifying Margin Pressure

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 28, 2026
Japan’s motor insurance sector is confronting significant margin pressure as rising claims and heightened natural catastrophe risks increasingly weigh on long-term profitability. According to Gallagher Re’s Asia Pacific Market Watch Report of October 2025, escalating competition and rising operational costs are compressing earnings across the non-life insurance industry. Motor insurance constitutes the largest segment of […]
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Bangladesh Bank Holds Tight Monetary Line

Bangladesh Bank Holds Tight Monetary Line

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 28, 2026
Bangladesh Bank has opted to maintain a restrictive monetary stance for the second half of the 2026–27 fiscal year, underscoring its determination to bring inflation firmly under control despite mounting pressure from the business community to lower interest rates. In its Monetary Policy Statement covering January to June, the central bank kept the policy interest […]
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Central Bank to Liquidate Six Ailing NBFIs Central Bank to Liquidate Six Ailing NBFIs

Central Bank to Liquidate Six Ailing NBFIs

Sharif Al Nahian | Sub-Editor | GLive24.comJanuary 28, 2026
In a decisive move to sanitise a fractured financial sector, Bangladesh Bank has formalised plans to liquidate six non-bank financial institutions (NBFIs) crippled by systemic corruption, chronic mismanagement, and staggering capital shortfalls. The resolution, reached during a high-level board meeting on 27 January, marks a significant escalation in the regulator’s efforts to address the “distressed” […]
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Bangladesh Bankers Call for Public Loan Defaulter Lists Bangladesh Bankers Call for Public Loan Defaulter Lists

Bangladesh Bankers Call for Public Loan Defaulter Lists

Sharif Al Nahian | Sub-Editor | GLive24.comJanuary 28, 2026
The Association of Bankers, Bangladesh (ABB) has urged the central bank to adopt stringent measures against loan defaulters, including publicly naming them, in a bid to restore discipline, strengthen recovery, and curb mounting financial stress in the sector. In a detailed letter to Bangladesh Bank Governor Ahsan H. Mansur, ABB Chairman Mashrur Arefin proposed that […]
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Zenith Islami Life Records Robust Growth Zenith Islami Life Records Robust Growth

Zenith Islami Life Records Robust Growth

Sharif Al Nahian | Sub-Editor | GLive24.comJanuary 28, 2026
Zenith Islami Life Insurance PLC, one of Bangladesh’s fastest-growing Shariah-compliant life insurers, delivered a notably strong financial and operational performance in 2025, marked by sharp growth in premium income, near-perfect claims settlement, and steady expansion of its life fund and investment portfolio. The results underline the company’s strengthening market position and growing customer confidence within […]
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