Pragati Insurance PLC has held its 342nd Board of Directors meeting to review ongoing operations and corporate governance. The administrative session took place on Thursday, 14 May, at the company’s principal corporate headquarters situated in the Kawran Bazar area of Dhaka. Governance and Executive Oversight The high-level meeting was convened under the leadership of Syed […]

Premier Bank PLC has issued a formal clarification regarding recent media coverage concerning Letter of Credit (LC) transactions at its Narayanganj branch. The financial institution stated that the allegations in question are isolated to historical transactions executed between 2017 and 2023, a period administered by the bank’s previous chairman and Board of Directors. Regulatory Cooperation […]

Al-Arafah Islami Bank PLC, a prominent Shariah-compliant financial institution in Bangladesh, has entered into a formal partnership with Dhaka Central International Medical College and Hospital (DCIMCH). The arrangement was ratified via a newly executed Memorandum of Understanding (MoU), according to an official press release issued by the bank. Overview of Benefits and Services The primary […]

American Dairy Limited (ADL) and Protective Islami Life Insurance Limited have formally ratified a strategic group insurance agreement designed to enhance medical provisions and risk coverage for their consumer base. The corporate partnership was legally finalized during an official signing ceremony conducted recently, where senior executives from both commercial firms converged to endorse the contract. […]

Twenty-six export-oriented ready-made garment manufacturers have called for a comprehensive state investigation and immediate mitigation regarding multi-billion-taka fraudulent loans allegedly opened in their names. The fraudulent credit lines were reportedly created by the Narayanganj branch of Premier Bank PLC. Speaking at a press conference organized at the Economic Reporters’ Forum on Saturday, 16 May 2026, […]