/ Aug 31, 2026
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Category: State

State-Owned Rupali Bank PLC Reports Deficit of Tk396 Crore

State-Owned Rupali Bank PLC Reports Deficit of Tk396 Crore

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 19, 2026
Rupali Bank PLC has entered a period of heightened financial instability, recording a consolidated net loss of Tk396 crore for the first quarter of 2026. Official corporate disclosures indicate that the worsening performance is a direct result of accelerating non-performing loans (NPLs), unmitigated asset provisioning shortfalls, negative retained earnings, and a severe breach of minimum […]
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Eastern Bank Women Customers Gain Tahoor Privileges

Eastern Bank Women Customers Gain Tahoor Privileges

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 19, 2026
Eastern Bank PLC (EBL) has formalised a commercial partnership with Tahoor Studio, a prominent lifestyle brand in Bangladesh. Under the provisions of this newly executed agreement, female retail banking customers enrolled with EBL will receive exclusive consumer benefits, discounts, and promotional privileges on merchandise purchased from the lifestyle retailer. Executive Signatories and Corporate Framework The […]
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Scheduled Bangladeshi Bank Closures Extended For Seven Days 1 Scheduled Bangladeshi Bank Closures Extended For Seven Days

Scheduled Bangladeshi Bank Closures Extended For Seven Days

Md Sakib Hossain | Sub-Editor | GLive24.comMay 19, 2026
The central monetary authority of the nation, Bangladesh Bank, has officially announced a consecutive seven-day suspension of regular banking operations throughout the country in observance of the upcoming holy festival of Eid-ul-Adha. According to an official regulatory directive issued by the central repository on Monday, 18 May 2026, all scheduled commercial and state-owned banking institutions […]
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AI Profits Elude Global Insurers AI Profits Elude Global Insurers

AI Profits Elude Global Insurers

Md Sakib Hossain | Sub-Editor | GLive24.comMay 19, 2026
The international insurance sector is experiencing a substantial escalation in capital expenditure directed towards artificial intelligence (AI) systems, as underwriters attempt to compress claims processing expenses and refine technical underwriting performance. However, recent empirical industry data reveals that a significant proportion of global insurance firms are currently struggling to translate these heightened technology investments into […]
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Global Underwriters Deploy Advanced Commercial Frameworks And Technologies 1 Global Underwriters Deploy Advanced Commercial Frameworks And Technologies

Global Underwriters Deploy Advanced Commercial Frameworks And Technologies

Md Sakib Hossain | Sub-Editor | GLive24.comMay 19, 2026
The international insurance and broader financial services landscape observed a series of significant strategic adjustments, robust corporate earnings, and structural market expansions between 11 and 15 May 2026. Across different regional jurisdictions, prominent insurance providers executed targeted product roll-outs, expanded automated claims systems, and integrated advanced algorithmic technologies designed to optimize fiscal yields whilst satisfying […]
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Bangladesh Central Bank Launches Three New Currency Banknotes 1 Bangladesh Central Bank Launches Three New Currency Banknotes

Bangladesh Central Bank Launches Three New Currency Banknotes

Md Sakib Hossain | Sub-Editor | GLive24.comMay 18, 2026
The central monetary authority of the country, Bangladesh Bank, has officially initiated the release of three distinct denominations of legal tender into the domestic financial ecosystem. The newly circulated currency comprises banknotes with face values of 1,000 Taka, 500 Taka, and 10 Taka, designed under a unified thematic framework entitled ‘Historical and Archaeological Architecture of […]
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Bangladesh Records Substantial Remittance Inflow Growth In May 1 Bangladesh Records Substantial Remittance Inflow Growth In May

Bangladesh Records Substantial Remittance Inflow Growth In May

Md Sakib Hossain | Sub-Editor | GLive24.comMay 18, 2026
The People’s Republic of Bangladesh has witnessed a significant acceleration in inward remittance earnings during the initial seventeen days of May 2026. According to the latest official financial indicators published by Bangladesh Bank, the central monetary authority, expatriate workers transferred a total of 2.177 billion United States dollars ($217.70 crore) into the country via formal […]
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Legacy Systems Impede Returns on Insurance AI Spending

Legacy Systems Impede Returns on Insurance AI Spending

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 18, 2026
Insurance providers globally are escalating their capital expenditure on artificial intelligence (AI) to optimise underwriting and mitigate claims expenditures. However, a significant proportion of these firms continue to experience difficulties in securing clear financial returns. According to data from sector analysts, this deficit in profitability is directly attributable to outdated legacy systems and poorly integrated […]
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