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Category: Economy

Cyber Risks Boost Demand For Cyber Insurance In Bangladesh

Cyber Risks Boost Demand For Cyber Insurance In Bangladesh

The insurance sector in Bangladesh and the wider South Asian region is undergoing a transformative phase, shaped by rapid technological advances, climate change, and economic volatility. Accelerated urbanisation, industrial expansion, and the growth of the middle class have significantly increased both the value and volume of insurable assets, naturally driving greater demand for insurance coverage. […]
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Zenith Islamic Life Expands Coverage to Comilla University

Zenith Islamic Life Expands Coverage to Comilla University

Zenith Islamic Life Insurance PLC has further broadened its group life and health insurance portfolio by formally including Comilla University (CU) under its comprehensive coverage scheme. This expansion brings the total number of universities benefiting from the company’s group insurance programme to eight, reinforcing its commitment to providing financial security and healthcare support to academic […]
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Treasury Bill Yields Ease on Liquidity Relief

Treasury Bill Yields Ease on Liquidity Relief

Bangladesh’s treasury bill (T-bill) market showed clear signs of easing on Sunday, as improved liquidity conditions in the banking system softened short-term government borrowing costs. Market participants attributed the change primarily to the central bank’s active intervention in the foreign exchange market, which injected fresh taka liquidity and reduced pressure on short-term interest rates. At […]
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Al Arafah Islami Bank Signs New Agreement with Provati Insurance Al-Arafah Islami Bank Signs New Agreement with Provati Insurance

Al-Arafah Islami Bank Signs New Agreement with Provati Insurance

Al-Arafah Islami Bank PLC, one of Bangladesh’s leading Shariah-compliant banks, has formalised a strategic partnership with Provati Insurance PLC through the signing of a Memorandum of Understanding (MoU). The agreement is set to modernise financial operations, enhance data security, and provide seamless premium collection and real-time reporting across Provati Insurance’s operational network. According to a […]
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National Life Concludes Annual Year-End Review at Dream Holiday Park

National Life Concludes Annual Year-End Review at Dream Holiday Park

National Life Insurance PLC, the country’s largest insurance provider, convened its annual year-end review meeting at the picturesque Dream Holiday Park in Narsingdi. The event brought together senior executives and development officers from across Bangladesh to evaluate the company’s recent achievements, reflect on strategic initiatives, and chart the course for future growth. The meeting was […]
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Daily Exchange Rate in Bangladeshi Taka Daily Exchange Rate in Bangladeshi Taka

Daily Exchange Rate in Bangladeshi Taka

On Sunday, 28 December, Bangladesh’s banks released the latest exchange rates of the Bangladeshi Taka (BDT) against a range of foreign currencies. The rates reflect both global market fluctuations and the ongoing US dollar shortage, resulting in notable increases in the value of major currencies such as the US Dollar, British Pound, and Euro. Financial […]
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No Immediate Withdrawals for Depositors of Merged Banks, Bangladesh Bank Confirms

No Immediate Withdrawals for Depositors of Merged Banks, Bangladesh Bank Confirms

Bangladesh Bank has clarified that depositors of the five banks currently undergoing consolidation will have to exercise patience, as there will be no immediate access to their funds. The central bank emphasised that no withdrawals will be possible before the end of the current year. Arif Hossain Khan, Executive Director and official spokesperson of Bangladesh […]
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