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Category: Economy

New Guidelines to Reduce Remittance Costs

Central Bank Issues New Guidelines to Reduce Remittance Costs

Bangladesh Bank has unveiled a comprehensive initiative aimed at curbing the cost of remittances sent by expatriates while boosting the overall inflow of foreign remittances into the country. Under the new directive, commercial banks are required to submit detailed information on every remittance transaction to the central bank, enabling closer monitoring and more effective cost-control […]
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National Bank Reports 1.06B Fourth Quarter Profit Increases Dividend National Bank Reports $1.06B Q4 Profit, Announces Dividend Increase

National Bank Reports $1.06B Q4 Profit, Announces Dividend Increase

National Bank of Canada has closed its financial year on a confident note, reporting a robust fourth-quarter profit of $1.06 billion and announcing an increase in its quarterly dividend, signalling management’s confidence in the bank’s earnings strength and forward outlook. Shareholders will now receive a dividend of $1.24 per share, representing an increase of six […]
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Entrepreneurs Demand Immediate Relaunch of Agrani Banks Agent Service Entrepreneurs Demand Immediate Relaunch of Agrani Bank’s Agent Service

Entrepreneurs Demand Immediate Relaunch of Agrani Bank’s Agent Service

Entrepreneurs from across the country have publicly called on Agrani Bank to immediately relaunch its agent banking service, settle all outstanding dues, and compensate affected operators, following what they describe as an unjustified and prolonged suspension of operations. The demand was formally articulated at a press conference held on Wednesday, 3 December, at the National […]
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BRAC Banks Annual Risk Conference Calls for Proactive Future Risk Strategies BRAC Bank Emphasises Modern Risk Strategies and Preparedness for Future Challenges

BRAC Bank Emphasises Modern Risk Strategies and Preparedness for Future Challenges

Staff Reporter: BRAC Bank highlighted the need for stronger governance, disciplined compliance, and modern risk management frameworks to address the rapidly evolving risk landscape in banking. At the Annual Risk Conference 2025, senior officials called for sector-wide collaboration and capacity-building to handle future risks effectively. The hybrid, day-long event on 29 November at BRAC Bank’s […]
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Pubali Bank Awarded Best Islamic Banking Window in Bangladesh 2025 Pubali Bank’s Islamic Banking Service Receives Global Recognition

Pubali Bank’s Islamic Banking Service Receives Global Recognition

Pubali Bank PLC has earned significant international recognition after being named “Best Islamic Banking Window in Bangladesh 2025” at the Islamic Retail Banking Awards (IRBA) 2025, conferred by Cambridge IFA, United Kingdom. The accolade underscores the bank’s sustained commitment to excellence, innovation, and customer-centric service within the rapidly evolving Islamic banking landscape of Bangladesh. The […]
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Ushering in the Age of Automation in Insurance

Agentic AI Enters Insurance: Automation and Efficiency Redefined

The insurance sector is witnessing a significant technological evolution as firms increasingly integrate artificial intelligence (AI) into their operations. Among the latest advancements is agentic AI, an autonomous form of AI capable of independent reasoning, strategic decision-making, and continuous learning from each task it undertakes. Unlike conventional AI, agentic AI employs a sophisticated “chain of […]
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Chinese Insurers Expand Digital Solutions for Customised Coverage

Innovation and Customisation Drive Growth in China’s Insurance Market

Chinese commercial insurers are maintaining a disciplined and selective approach to underwriting, with a clear focus on profitability amid evolving market conditions. According to Aon’s Q3 2025 report, the broader market continues to operate under generally moderate to soft pricing, offering favourable conditions for well-performing accounts. An exception to this trend is the Directors and […]
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Japan’s Commercial Insurance Market Remains in a Hardening Phase

Reassessment and New Limit Policies in Japan’s Commercial Insurance

Japan’s commercial insurance sector is experiencing a continued trend towards stricter underwriting, as major domestic property and casualty insurers adopt more cautious approaches to risk. According to Shinichi Kandatsu, Head of Commercial Risk Solutions at Aon Japan, underwriters are increasingly requesting detailed information at policy renewals to ensure profitability and strengthen risk assessment processes. Since […]
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