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Category: Economy

Commercial Banks In Bangladesh Favour Low-Interest Safe Deposits

Commercial Banks In Bangladesh Favour Low-Interest Safe Deposits

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 24, 2026
Leading commercial banks in Bangladesh continue to park their excess funds in the low-interest Standing Deposit Facility (SDF), despite comparatively higher returns available in the interbank lending market. Analysts suggest that the prevailing trend is driven by a combination of reduced short-term funding demand and cautious attitudes towards riskier, longer-term investments. Market experts note that […]
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Bank of Americas CEO predicts the US economy will grow by 2.8 Bank of America’s CEO predicts the US economy will grow by 2.8%.

Bank of America’s CEO predicts the US economy will grow by 2.8%.

GLive24.com DeskJanuary 23, 2026
The CEO highlighted that investments in AI infrastructure and its corporate applications will increasingly strengthen the US economy over the coming years. Strong corporate cash flows, coupled with accessible capital markets, are enabling large-scale investment in AI systems and data centres. Bank of America itself has allocated several hundred million dollars to AI initiatives this […]
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BankAssurance agreement finalised between Community Bank and Sandhani Life BankAssurance agreement finalised between Community Bank and Sandhani Life

BankAssurance agreement finalised between Community Bank and Sandhani Life

GLive24.com DeskJanuary 23, 2026
Community Bank Bangladesh PLC and Sandhani Life Insurance Company Limited have formally entered into a strategic bancassurance partnership, designed to broaden access to integrated insurance solutions for customers across Bangladesh. Under this agreement, Sandhani Life Insurance products will be offered directly through Community Bank’s extensive branch network, enabling clients to conveniently access life and financial […]
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Insurance fraud through staged accidents Case filed against eight individuals Insurance fraud through staged accidents: Case filed against eight individuals

Insurance fraud through staged accidents: Case filed against eight individuals

GLive24.com DeskJanuary 22, 2026
Daijeon Metropolitan Police Bureau has recently filed a case against a sophisticated insurance fraud ring that orchestrated staged traffic accidents to claim insurance on high-value imported vehicles. According to police reports, eight individuals, including the alleged ringleader, have been sent to the prosecution without being detained. They face charges under the Special Act on Insurance […]
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New Rules Limit Overseas Life Insurance Expenses

New Rules Limit Overseas Life Insurance Expenses

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 22, 2026
The Insurance Development and Regulatory Authority (IDRA) has introduced new rules to cap the operating expenses of life insurance companies’ overseas head offices. Published in the official gazette on 13 January 2026, the updated regulation — Life Insurance Business Management Expenses Ceiling Rules, 2020, Rule 4 — stipulates that expenditure by foreign-based head offices cannot […]
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Bangladesh Bank Restores 4% Profit for Five Banks

Bangladesh Bank Restores 4% Profit for Five Banks

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 22, 2026
In a significant policy reversal, Bangladesh Bank has announced that depositors of five banks currently undergoing a consolidation process will receive an annual dividend of 4 per cent for the years 2024 and 2025. This decision overturns a previous directive that had suspended dividends for the same period, a move that had generated considerable dissatisfaction […]
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Bangladesh Bank Plans Merging of State Banks

Bangladesh Bank Plans Merging of State Banks

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 22, 2026
Bangladesh Bank has unveiled an ambitious plan to consolidate the country’s nine state-owned banks into just two large institutions, marking one of the most far-reaching reforms of the public banking sector in decades. The proposal was announced by central bank Governor Ahsan H. Mansur during a discussion held on Tuesday at Jagannath University in Dhaka, […]
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