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Category: Economy

NBFI Depositors to Receive Refunds in Tranches

NBFI Depositors to Receive Refunds in Tranches

After years of uncertainty and mounting financial distress, individual depositors in Bangladesh’s non-bank financial institution (NBFI) sector are set to receive long-awaited relief. Bangladesh Bank has announced that the refund process for personal depositors of nine NBFIs identified for permanent closure or liquidation will begin shortly, backed by a direct financial commitment from the government. […]
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Manulife Unveils Innovative Savings Plans in Hong Kong

Manulife Unveils Innovative Savings Plans in Hong Kong

In response to the growing diversity and demand in Hong Kong’s savings and wealth management market, Manulife Hong Kong has launched two new life insurance-based savings plans. The newly introduced products—the Genesis Centurion Insurance Plan and the Prestige Achiever Insurance Plan—are designed to provide customers with long-term wealth accumulation, flexible cash withdrawal options, and financial […]
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India’s Restrictions Cause Decline in Bangladeshi Exports

India’s Restrictions Cause Decline in Bangladeshi Exports

Bangladesh’s exports to India have experienced a marked decline in recent months, largely due to a series of trade restrictions imposed by the Indian government. Data from the first five months of the current fiscal year (July–November) reveal that exports to India dropped by approximately 6.68 per cent, falling to USD 76 million compared with […]
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Bangladesh Bank Expands Home Loan Limits Strategically

Bangladesh Bank Expands Home Loan Limits Strategically

In response to escalating urbanisation, persistent rises in construction material costs, and growing housing demand among the middle and upper-middle classes, Bangladesh Bank has introduced a revised home loan policy. The updated framework significantly increases borrowing limits for eligible customers while maintaining prudent risk management. Policy makers and banking sector experts anticipate that this initiative […]
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Central Bank Orders Gender Sensitive Washrooms in All Banks Central Bank Orders Gender-Sensitive Washrooms in All Banks

Central Bank Orders Gender-Sensitive Washrooms in All Banks

In a definitive move to promote workplace equality and public health, Bangladesh Bank has issued a mandatory directive requiring all scheduled banks to establish gender-sensitive and hygienic washroom facilities. The central bank’s circular, disseminated on Tuesday, 6 January 2026, targets the chronic lack of adequate sanitary infrastructure that has long inconvenienced female staff and customers […]
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Central Bank Acquires 223 Million to Stabilise Reserves Central Bank Acquires $223 Million to Stabilise Reserves

Central Bank Acquires $223 Million to Stabilise Reserves

In a decisive move to bolster national liquidity, Bangladesh Bank has purchased an additional $223.50 million from 14 commercial banks. The transaction, conducted on Tuesday, 6 January 2026, reflects the central bank’s intensified efforts to manage foreign exchange volatility and replenish the nation’s “war chest” of reserves as the new calendar year commences. Transaction Details […]
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The Digital Frontier Why Bancassurance Matters for Bangladesh The Digital Frontier: Why Bancassurance Matters for Bangladesh

The Digital Frontier: Why Bancassurance Matters for Bangladesh

In the rapidly evolving financial landscape of Bangladesh, Bancassurance has transitioned from an experimental novelty to a vital strategic necessity. This symbiotic partnership between banks and insurance providers aims to create a “one-stop shop” for financial services. By integrating insurance products into the digital banking ecosystem, the sector is poised to offer a seamless experience […]
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Suman Agency Honoured as Best Agency 2025

Suman Agency Honoured as Best Agency 2025

MetLife Bangladesh has recently recognised Suman Agency of Noakhali as the “Best Agency 2025”, acknowledging its exceptional performance in the country’s life insurance sector. This marks the second consecutive year the agency has received this prestigious accolade, reflecting its professionalism, innovative practices, and significant contribution to the market. According to MetLife Bangladesh, Suman Agency earned […]
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BRAC Bank Advances Anti-Money Laundering Strategy

BRAC Bank Advances Anti-Money Laundering Strategy

BRAC Bank has taken a significant step to bolster its defences against financial crime by hosting an advanced training session on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT). The initiative was designed to heighten awareness among board members and senior management, reinforce accountability at the top, and equip leadership with the expertise […]
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South Korea’s Insurance Sector Faces Growth, Profit Challenges

South Korea’s Insurance Sector Faces Growth, Profit Challenges

South Korea’s insurance industry is poised to confront significant challenges in 2026, as slower growth trends coincide with mounting pressures on profitability and financial stability. A joint report by Korea Insurance Newspaper and the Insurance Research Institute indicates that overall premium growth is expected to moderate slightly this year, reflecting both market maturity and shifting […]
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