Category: State

Digital Transformation The Survival of Bangladeshi Insurance Digital Transformation: The Survival of Bangladeshi Insurance

Digital Transformation: The Survival of Bangladeshi Insurance

In the rapidly evolving financial landscape of Bangladesh, digital integration has transitioned from a modern convenience to a daily necessity. As citizens become accustomed to managing their lives via mobile handsets—from grocery shopping to instantaneous bank transfers—their expectations for all financial services have heightened. For an insurance sector traditionally tethered to physical ledgers and manual […]
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Meghna Bank Charts Ambitious Growth Toward Elite Tier Meghna Bank Charts Ambitious Growth Toward Elite Tier

Meghna Bank Charts Ambitious Growth Toward Elite Tier

Meghna Bank, a prominent player among Bangladesh’s newer generation of financial institutions, has announced a strategic roadmap to break into the nation’s top 15 lenders. During an insightful exchange with The Business Standard, Managing Director Syed Mizanur Rahman outlined how the bank intends to leverage SME lending and digital transformation to achieve this milestone while […]
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Archaeological Treasure Saved 118kg Vishnu Idol Recovered Archaeological Treasure Saved: 118kg Vishnu Idol Recovered

Archaeological Treasure Saved: 118kg Vishnu Idol Recovered

A sophisticated attempt to traffic a priceless piece of Bengal’s history was thwarted on Sunday evening when the Rapid Action Battalion (RAB-10) intercepted a massive ancient statue in Faridpur. The recovery of the 118-kilogram Vishnu idol, carved from rare black stone, has cast a spotlight on the lucrative and illegal trade of antiquities in the […]
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NBFI Crisis Intensifies as Toxic Loans Exceed 37 NBFI Crisis Intensifies as Toxic Loans Exceed 37%

NBFI Crisis Intensifies as Toxic Loans Exceed 37%

The structural integrity of Bangladesh’s Non-Bank Financial Institution (NBFI) sector has reached a critical tipping point. According to the latest figures released by the Bangladesh Bank, Non-Performing Loans (NPLs) surged to a staggering Tk 29,408 crore by the end of September 2025. This mountain of bad debt now accounts for 37.11% of the sector’s total […]
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12000 crore Taka deposited at Islami Bank branch 12,000 crore Taka deposited at Islami Bank branch

12,000 crore Taka deposited at Islami Bank branch

Islamic Bank Bangladesh PLC has reached a remarkable milestone, with deposits at its branch network now nearing BDT 12,000 crore, marking a substantial increase of BDT 3,700 crore within just one year. The bank’s total deposits currently stand at BDT 1,83,000 crore, reflecting its sustained growth and robust public trust. Bank sources highlight that the […]
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What is the reason for the increase in energy and insurance costs in 2026 What is the reason for the increase in energy and insurance costs in 2026

What is the reason for the increase in energy and insurance costs in 2026

As 2026 approaches, two critical issues are set to dominate household and corporate financial landscapes worldwide: electricity bills and insurance coverage. A recent report from Moody’s Sustainable Finance 2026 Outlook, published in Dubai, highlights that the energy transition is no longer merely an environmental imperative. Rising electricity demand, the proliferation of data centres, accelerating electrification, […]
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Even at the age of 45 job opportunities are available at Southeast Bank Even at the age of 45, job opportunities are available at Southeast Bank.

Even at the age of 45, job opportunities are available at Southeast Bank.

Southeast Bank PLC has officially announced a prestigious career opportunity in Dhaka for the position of Deputy Head of Card Division. The recruitment process is now open, with applications being accepted until 1 February 2026. The bank is seeking highly experienced and qualified candidates capable of leading and managing its Card Division with strategic vision. […]
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Bloodshed Erupts in Madaripur Following Union Leader Killing

Bloodshed Erupts in Madaripur Following Union Leader Killing

Madaripur town witnessed a violent outbreak on Saturday, 17 January, as tensions flared between rival groups following the murder of a local trade union leader. The unrest, centred in Ward 2 of the municipality, escalated into hours of clashes in New Madaripur, resulting in injuries, property damage, and widespread panic among residents. According to local […]
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Private Banks Brace for Leadership Transition

Private Banks Brace for Leadership Transition

Bangladesh’s private banking sector is on the cusp of a significant leadership reshuffle, with a wave of changes at the managing director (MD) level expected to take effect from next month. Driven primarily by statutory retirement upon reaching the maximum age limit, the expiry of fixed-term contracts, and, in a few instances, voluntary resignations, the […]
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