Category: State

Bangladesh Caps Bank Branch Rental Rates Bangladesh Caps Bank Branch Rental Rates

Bangladesh Caps Bank Branch Rental Rates

Bangladesh Bank has set maximum rental rates for bank branches and other business premises, responding to appeals from managing directors (MDs) and senior executives across the banking sector. Under the new directive, banks can approve rental agreements within the prescribed limits using board approval alone, without seeking prior authorisation from the central bank. However, central […]
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Central Bank Caps Bank Branch Rental Rates Central Bank Caps Bank Branch Rental Rates

Central Bank Caps Bank Branch Rental Rates

In a significant move to streamline operational logistics for the financial sector, Bangladesh Bank has introduced a comprehensive ceiling for the rental of bank branches, sub-branches, and administrative offices. This policy shift follows persistent lobbying from the Association of Bankers, Bangladesh (ABB), whose members argued that the previous requirement for individual approvals from the central […]
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Student Activist Remanded in University Attempted Murder Case Student Activist Remanded in University Attempted Murder Case

Student Activist Remanded in University Attempted Murder Case

A former leader of the Anti-Discrimination Student Movement and Presidency University student, Abdur Razzak Bin Solaiman Riyad, has been placed on a two-day remand following allegations of attempted murder. The decision was handed down on Thursday, 5 March, by Dhaka Additional Chief Metropolitan Magistrate Md. Shefatullah. While the court granted the remand for Razzak, similar […]
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Middle East Tensions Strain Energy and Marine Insurance Middle East Tensions Strain Energy and Marine Insurance

Middle East Tensions Strain Energy and Marine Insurance

The recent escalation of conflict in the Middle East has intensified pressure on energy and marine insurance markets. Allianz Trade has highlighted that shipping disruptions and sustained upward trends in oil prices could directly affect claims costs, insurers’ balance sheets, and investment portfolios. Conflict and Market Implications In its latest report, Conflict in the Middle […]
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Aviva Reports 25 Profit Surge Resumes Buyback Aviva Reports 25% Profit Surge, Resumes Buyback

Aviva Reports 25% Profit Surge, Resumes Buyback

LONDON, 5 March – British insurer Aviva has reported a striking 25% increase in its annual profit, rising to £2.2 billion from £1.8 billion the previous year. Alongside this strong financial performance, the company has recommenced its share buyback programme, signalling renewed confidence in its growth trajectory. The robust results follow the integration of Direct […]
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Community Bank Guardian Life Launch Strategic Alliance Community Bank, Guardian Life Launch Strategic Alliance

Community Bank, Guardian Life Launch Strategic Alliance

Community Bank Bangladesh PLC has entered a strategic partnership with Guardian Life Insurance Limited, marking a significant step towards offering integrated banking and insurance solutions to customers. Branded under the slogan “One Partnership, Complete Protection”, the alliance aims to provide modern, customer-focused financial services while promoting innovation, financial inclusion, and seamless service delivery across Bangladesh. […]
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Bangladesh Currency Market Reflects Global Economic Trends Bangladesh Currency Market Reflects Global Economic Trends

Bangladesh Currency Market Reflects Global Economic Trends

Bangladesh’s economy is increasingly intertwined with international markets, driven in large part by the remittances sent home by millions of its expatriates. Each year, billions of US dollars flow into the country through these remittances, playing a pivotal role in sustaining the national economy, supporting foreign trade, and facilitating everyday financial transactions. To streamline business […]
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TIB Raises Conflict Concerns Over Governor TIB Raises Conflict Concerns Over Governor

TIB Raises Conflict Concerns Over Governor

Transparency watchdog Transparency International Bangladesh (TIB) has raised serious concerns over the recent appointment of a new governor to Bangladesh Bank, alleging that the decision may involve significant conflicts of interest. The anti-corruption organisation has urged the government to reconsider and potentially revoke the appointment in order to safeguard the integrity and independence of the […]
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