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Category: Economy

Long-Term Treasury Bond Yields Continue Upward Surge

Long-Term Treasury Bond Yields Continue Upward Surge

Yields on long-term Bangladesh Government Treasury Bonds (BGTBs) climbed further on Tuesday, reflecting cautious investor sentiment amid year-end financial closures and the looming uncertainty of the upcoming national elections. Commercial banks, traditionally major buyers of government securities, are increasingly hesitant to deploy surplus funds into long-term instruments, opting instead for more liquid or short-term investments. […]
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BRAC Bank Concludes Month-Long CMSME Training in Sirajganj

BRAC Bank Concludes Month-Long CMSME Training in Sirajganj

BRAC Bank, in collaboration with the Ministry of Finance and Bangladesh Bank, has successfully concluded a month-long intensive training programme designed for aspiring entrepreneurs in the country’s Cottage, Micro, Small, and Medium Enterprise (CMSME) sector. The initiative aimed to equip young and dynamic business owners with the practical skills and knowledge necessary to strengthen their […]
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NRBC Bank Advances Trade Transparency

NRBC Bank Advances Trade Transparency

NRBC Bank has taken a significant step towards strengthening transparency and discipline in Bangladesh’s foreign trade by organising a comprehensive workshop focused on regulatory reporting and digital monitoring systems. Held in line with directives issued by Bangladesh Bank, the programme sought to enhance the accuracy, consistency and timeliness of trade-related reporting under the Online Import […]
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IFIC Bank Spearheads Jessores Digital Payment Revolution IFIC Bank Spearheads Jessore’s Digital Payment Revolution

IFIC Bank Spearheads Jessore’s Digital Payment Revolution

Under the strategic guidance of Bangladesh Bank, a transformative day-long campaign was successfully executed in Jessore to accelerate the “Cashless Bangladesh” initiative. Serving as the designated “Lead Bank” for the district, IFIC Bank PLC coordinated a series of high-impact events aimed at dismantling the traditional reliance on physical currency. The summit, held on Tuesday, 23rd […]
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Forex Reserves Breaching 28 Billion as Inflows Surge Forex Reserves Breaching $28 Billion as Inflows Surge

Forex Reserves Breaching $28 Billion as Inflows Surge

The external financial position of Bangladesh has received a substantial boost, with gross foreign exchange reserves successfully breaching the $28 billion mark. According to Arif Hossain Khan, the Executive Director and spokesperson for the central bank, gross reserves reached $28.04 billion on 22 December 2024. This development marks a significant shift in the country’s economic […]
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General Insurance Reform The End of the Agency Era General Insurance Reform: The End of the Agency Era

General Insurance Reform: The End of the Agency Era

The foundational structure of Bangladesh’s general insurance sector is set for a radical realignment following a definitive intervention by the Insurance Development and Regulatory Authority (IDRA). For years, the “agent commission” has been a polarising element of the industry—viewed by some as the essential engine of business growth and by others as a primary catalyst […]
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Fluctuating Premiums and Rising Assets in Insurance Sector Fluctuating Premiums and Rising Assets in Insurance Sector

Fluctuating Premiums and Rising Assets in Insurance Sector

The Bangladesh Insurance Association (BIA) has unveiled its comprehensive annual report for 2024, providing a detailed audit of the nation’s private insurance landscape. Presented during the association’s Annual General Meeting, the findings illustrate a sector defined by a notable dichotomy: while total assets and life funds continue to show robust expansion, premium income and investment […]
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Bangladesh Insurance Market, Sector, and Industry Overview

Bangladesh Insurance Market, Sector, and Industry Overview

Bangladesh’s economy is expanding rapidly, with the insurance sector emerging as an increasingly vital component of this growth. However, there remains considerable confusion among citizens, investors, and policyholders regarding the distinctions between the “insurance market,” “insurance sector,” and “insurance industry.” Understanding these differences is essential for making informed investment decisions, managing risks, and shaping policy […]
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National Life Disburses Tk37.5 Crore Insurance Claims

National Life Disburses Tk37.5 Crore Insurance Claims

National Life Insurance has successfully disbursed insurance claims amounting to Tk37.5 crore to its customers in the Greater Dhaka area. The cheque distribution ceremony took place on Saturday, 20 December, at the company’s annual ‘Year-End Planning’ meeting held at Fantasy Kingdom, Ashulia. The event was attended by key customers as well as the company’s development […]
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Government Remittance Incentive Arrears Exceed Tk4,000 Crore

Government Remittance Incentive Arrears Exceed Tk4,000 Crore

The government of Bangladesh now owes commercial banks over Tk4,000 crore in unpaid remittance incentives, raising alarms over the sector’s profitability and liquidity management. The delays have intensified financial pressures, particularly on medium and smaller banks, which are more vulnerable to cash-flow constraints. Under the government’s remittance incentive scheme, banks provide a 2.5% cash incentive […]
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