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Category: Economy

Preliminary Exam Centres Announced for Six Banks Preliminary Exam Centres Announced for Six Banks

Preliminary Exam Centres Announced for Six Banks

Dhaka, 26 January 2026 — Under the supervision of the Bankers Selection Committee, six government and autonomous banks are set to conduct preliminary examinations for a total of 1,262 vacancies. The participating banks are Sonali Bank, Agrani Bank, BDBL, Bangladesh Krishi Bank, Probashi Kallyan Bank, and BASIC Bank. Detailed notices regarding examination centres and instructions […]
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Modhumoti Bank Strengthens Islamic Banking Expertise

Modhumoti Bank Strengthens Islamic Banking Expertise

Modhumoti Bank PLC has taken a significant step towards strengthening its institutional capacity in Shariah-compliant finance by organising a comprehensive, day-long professional training workshop on Islamic banking. Titled “Fundamentals of Islamic Banking: Concepts, Operations and Investment Mechanisms”, the programme was held on Saturday at the bank’s head office in Gulshan, Dhaka. The initiative is part […]
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IDRA Launches Major Insurance Sector Reforms IDRA Launches Major Insurance Sector Reforms

IDRA Launches Major Insurance Sector Reforms

Dhaka, Bangladesh: In the wake of recent mass movements and consequent political transitions, the interim government of Bangladesh has assumed responsibility with a firm commitment to comprehensive structural reforms across key sectors. Central to these initiatives is the nation’s insurance industry, which is now undergoing a significant transformation under the stewardship of the Insurance Development […]
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The inauguration ceremony of the United Islami Bank was cancelled due to security reasons The inauguration ceremony of the United Islami Bank was cancelled due to security reasons

The inauguration ceremony of the United Islami Bank was cancelled due to security reasons

The grand inaugural ceremony of the United Islami Bank, scheduled for 10 a.m. tomorrow at the InterContinental Dhaka, has been cancelled due to security concerns. According to sources within the bank and the Ministry of Finance, several depositors and bank officials from Chattogram had reportedly planned a demonstration at the event venue. The mobilisation of […]
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Dhaka Bank Links with BIDA One-Stop Portal

Dhaka Bank Links with BIDA One-Stop Portal

Dhaka Bank PLC and the Bangladesh Investment Development Authority (BIIDA) have formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU), integrating Dhaka Bank’s services with BIIDA’s “One-Stop Service (OSS)” portal. The signing ceremony took place on 19 January 2025 at BIIDA’s conference hall in Agargaon, Dhaka, marking a significant step towards […]
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IDRA Excludes Public Strike Losses from Insurance

IDRA Excludes Public Strike Losses from Insurance

The Insurance Development and Regulatory Authority (IDRA) has recently issued a pivotal directive clarifying that losses arising from “public strikes” or mass sit-ins will not be covered under insurance policies. The instruction was officially communicated to the State Reinsurance Corporation (SRC) on 4 January 2026. SRC, the nation’s sole reinsurance institution, had earlier deliberated on […]
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Indonesia Faces Rising Life Insurance Fraud

Indonesia Faces Rising Life Insurance Fraud

Indonesia is witnessing a concerning surge in life insurance fraud, prompting heightened alert among regulators and industry experts. The country’s financial supervisory authority, the Financial Services Authority (OJK), has warned that these incidents are not isolated. Investigations suggest that systematically organised networks may be orchestrating fraudulent claims, posing significant financial and reputational risks to insurers […]
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Rupali Bank Sets Recovery Record

Rupali Bank Sets Recovery Record

At a time when Bangladesh’s banking sector continues to grapple with prolonged global economic headwinds, foreign exchange shortages, liquidity stress and a persistent rise in non-performing loans (NPLs), state-owned Rupali Bank Limited has delivered a notable counter-narrative. Through a combination of strict financial discipline, strengthened accountability and technology-driven management reforms, the bank recorded landmark achievements […]
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AI Revolution Reshapes Global Insurance Sector

AI Revolution Reshapes Global Insurance Sector

The global insurance industry has experienced a notably eventful week, marked by a combination of technological advancements, slow premium growth, and significant corporate developments. These factors are collectively reshaping both market sentiment and operational strategies across the sector. According to a recent report by Business Research Company, the market for generative artificial intelligence (AI) in […]
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