Category: Economy

UCB Strengthens Pilgrim Services Through Hajj Conference

UCB Strengthens Pilgrim Services Through Hajj Conference

United Commercial Bank PLC (UCB) hosted a comprehensive Hajj Agency Conference in Chattogram on Tuesday, reinforcing its commitment to providing seamless financial services for pilgrims and fostering stronger partnerships with Hajj agencies nationwide. The conference brought together senior bank officials and representatives from the country’s leading Hajj agencies to discuss innovations, operational improvements, and collaborative […]
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Community Bank Partners with Guardian Life Insurance

Community Bank Partners with Guardian Life Insurance

Community Bank Bangladesh PLC has announced a strategic partnership with Guardian Life Insurance Limited, signalling a major step forward in providing integrated banking and insurance services to customers across the nation. The alliance, launched under the banner “One Partnership, Complete Protection”, is designed to deliver comprehensive financial solutions that combine banking services with personalised insurance […]
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Islami Bank Highlights Strong Risk Culture

Islami Bank Highlights Strong Risk Culture

Islami Bank Bangladesh PLC convened its Annual Risk Conference on Saturday at Islami Bank Tower, bringing together senior executives and banking professionals to discuss strategies for strengthening governance, transparency, and risk management across the institution. The conference emphasised the importance of maintaining a strong risk culture as the bank continues to expand its operations and […]
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Prime Bank Links With Fertility Care Provider

Prime Bank Links With Fertility Care Provider

Prime Bank PLC has announced a strategic partnership with Meena IVF & Fertility Care Ltd aimed at delivering specialised healthcare benefits to its customers and employees. The collaboration reflects the bank’s broader commitment to expanding value-added services and strengthening customer engagement through partnerships in the healthcare sector. The agreement was formally signed at an event […]
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Savings Surge Bank Deposits Hit Five Year High Savings Surge: Bank Deposits Hit Five-Year High

Savings Surge: Bank Deposits Hit Five-Year High

The Bangladeshi banking sector has achieved a significant milestone, with deposit growth reaching a five-year peak at the end of December 2025. This surge is widely attributed to a steady restoration of public confidence in the financial system. According to the latest quarterly statistics from Bangladesh Bank (BB), total savings in the country’s 61 scheduled […]
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Bangladesh Banking Sector Faces Huge Provisioning Deficit Bangladesh Banking Sector Faces Huge Provisioning Deficit

Bangladesh Banking Sector Faces Huge Provisioning Deficit

The Bangladeshi banking industry is currently grappling with a severe financial crisis as the weight of non-performing loans (NPLs) continues to hollow out institutional balance sheets. According to the latest data released for December 2025, the sector is reeling under a staggering provisioning shortfall of 191,780 crore BDT, a situation that threatens the very stability […]
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EBL and MetLife Celebrate Top Bankassurance Achievers EBL and MetLife Celebrate Top Bankassurance Achievers

EBL and MetLife Celebrate Top Bankassurance Achievers

Eastern Bank PLC (EBL) and MetLife Bangladesh recently hosted a high-profile ceremony titled ‘Bankassurance Awards Night and Kick-off 2026’. The event was designed to honour the exceptional contributions of bankassurance officers who have successfully bridged the gap between traditional banking and comprehensive insurance solutions for customers across the nation. Strengthening Financial Synergy Bankassurance—a partnership where […]
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Global Insurers Pursue Expansion and Strategic Deals

Global Insurers Pursue Expansion and Strategic Deals

The week of 2–6 March 2026 witnessed a series of significant moves across the global insurance sector, including acquisitions, executive appointments, office launches, and major fundraising initiatives. These developments illustrate the ongoing strategic drive of insurers to strengthen regional presence, optimise operations, and capture growth opportunities. Miller Targets Dubai Reinsurance MarketMiller has entered into an […]
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Iceland’s Insurance Industry Evolves Amid Natural Risks

Iceland’s Insurance Industry Evolves Amid Natural Risks

Iceland’s insurance sector is closely aligned with the country’s unique natural environment and social welfare framework. Despite its relatively small size, the market has demonstrated resilience and stability. Industry projections indicate that gross written premiums could reach approximately USD 650 million in 2026, rising modestly to USD 673 million by 2028, reflecting an annual growth […]
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