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Category: State

Global Insurance Dynamics and the Outlook for Bangladesh

Global Insurance Dynamics and the Outlook for Bangladesh

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 12, 2026
In the contemporary global economy, the insurance sector has transitioned from a mere financial safety net into a fundamental pillar of employment, investment, and strategic risk management. The industry is currently experiencing a rapid ascent in global importance, propelled by the digitisation of financial systems, escalating healthcare demands, and the pervasive risks associated with climate […]
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Islami Bank Records Historical High of Tk94,322 Crore in Bad Loans

Islami Bank Records Historical High of Tk94,322 Crore in Bad Loans

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 12, 2026
The audited financial statements for the year 2025 have confirmed a state of severe financial exigency at Islami Bank Bangladesh PLC. The institution, formerly the premier private sector lender in Bangladesh, reported that its classified loans surged by 44%, reaching a total of Tk94,322 crore. This represents the most significant volume of defaulted debt ever […]
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Bank Looters Barred From Ever Re entering Financial Sector 1 Bank Looters Barred From Ever Re-entering Financial Sector

Bank Looters Barred From Ever Re-entering Financial Sector

Md Sakib Hossain | Sub-Editor | GLive24.comMay 12, 2026
The Bangladesh Bank has adopted a definitive and stringent stance aimed at restoring discipline and integrity within the nation’s banking industry. The Governor of the central bank, Mostakur Rahman, has formally declared that individuals or groups who have damaged the sector through irregularities, corruption, or the systematic looting of assets will be permanently prohibited from […]
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Bangladesh Bank Directs Lenders To Introduce Digital Loans 1 Bangladesh Bank Directs Lenders To Introduce Digital Loans

Bangladesh Bank Directs Lenders To Introduce Digital Loans

Md Sakib Hossain | Sub-Editor | GLive24.comMay 11, 2026
The Bangladesh Bank has officially issued a directive to all scheduled banks to implement a fully online-based credit facility, designated as “e-loan” or electronic lending. This initiative is designed to streamline and accelerate digital banking services within the country. Under this new regulatory framework, customers will be empowered to apply for, receive approval for, and […]
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FWD Insurance Reports Substantial Growth Across Key 2025 Metrics 1 FWD Insurance Reports Substantial Growth Across Key 2025 Metrics

FWD Insurance Reports Substantial Growth Across Key 2025 Metrics

Md Sakib Hossain | Sub-Editor | GLive24.comMay 11, 2026
FWD Insurance has announced a significant expansion in its market presence within Hong Kong for the 2025 fiscal period, underpinned by a 59 per cent year-on-year surge in new business first-year premiums (FYP). This growth trajectory is further evidenced by a 41 per cent increase in new business annual premium equivalent (APE), highlighting a robust […]
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MetLife LifeLine Pension Plan 1 MetLife LifeLine Pension Plan

MetLife LifeLine Pension Plan

Samiur Rahman Ratul | Sub-Editor | GLive24.comMay 11, 2026
The life insurance product ‘LifeLine’ offered by MetLife Bangladesh is a long-term retirement-focused insurance scheme designed to provide both savings and protection benefits. The plan is structured for a term of 10 to 20 years and is intended to support individuals in securing post-retirement income through periodic pension payments. The scheme allows individuals aged between […]
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news thumbnail 1778486389496 Global Gold Prices Decline

Global Gold Prices Decline

Shourav Biswas | Sub-Editor | GLive24.comMay 11, 2026
International gold prices recorded a notable decline as geopolitical tensions in the Middle East and shifting expectations over inflation and interest rates influenced investor sentiment. The movement followed developments involving the United States and Iran, alongside rising crude oil prices, which have raised concerns about prolonged inflationary pressures. According to market data, at 12:07 PM […]
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Strategic Expansion of the Chinese Insurance Sector in 2025

Strategic Expansion of the Chinese Insurance Sector in 2025

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 11, 2026
The insurance market in China has demonstrated significant resilience and growth, evolving into a fundamental pillar of the national economy. In 2025, the five premier listed insurers—Ping An Insurance, China Life, PICC Group, China Pacific Insurance, and New China Life—attained a combined net profit of 425.3 billion yuan (approximately US$61.5 billion). This performance reflects a […]
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