Category: State

Insurance Sector Sees Innovation Softer Renewals Trend Insurance Sector Sees Innovation, Softer Renewals Trend

Insurance Sector Sees Innovation, Softer Renewals Trend

The global insurance industry experienced a dynamic week between 6 and 10 April, marked by notable product launches, evolving partnerships in retirement planning, continued softening in reinsurance renewals, and an intensified focus on artificial intelligence (AI) execution. A key development came from Prudential Singapore, which introduced a revamped suite of Integrated Shield Plan (IP) supplementary […]
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news thumbnail 1775890761114 National Life Honours It's Top Premium Collectors

National Life Honours It’s Top Premium Collectors

National Life Insurance PLC has celebrated the outstanding performance of its head office officials by recognising the top 20 achievers in its February 2026 premium collection competition. The recognition programme was held on 6 April 2026 at the company’s head office auditorium in Kawran Bazar, Dhaka, bringing together senior executives and staff in a formal […]
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Sandhani–Midland Bancassurance Debut

Sandhani–Midland Bancassurance Debut

Sandhani Life Insurance Company Limited and Midland Bank PLC have formally launched a bancassurance collaboration aimed at offering customers an integrated platform for both banking and life insurance services. The initiative was inaugurated on Tuesday (7 April) at a simple ceremony held at Midland Bank’s head office. Through this partnership, Midland Bank customers will be […]
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Bangladesh Bank Cautions Dollar Buying

Bangladesh Bank Cautions Dollar Buying

Bangladesh Bank has verbally cautioned several commercial banks against purchasing United States dollars at inflated exchange rates, in a bid to stabilise the country’s foreign exchange market and prevent unnecessary volatility. The issue was discussed on 9 April at a meeting in Dhaka between the central bank Governor Md Mostaqur Rahman and senior representatives of […]
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Islamic Banking Growth Moderates

Islamic Banking Growth Moderates

Islamic banking in Bangladesh continued to register solid year-on-year expansion at the end of 2025, though the most recent quarterly indicators reveal a noticeable slowdown in momentum amid weaker external trade performance, softer employment trends, and a more cautious lending environment. According to Bangladesh Bank data, total deposits in the Islamic banking segment reached Tk […]
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Central Bank Revives Export Credit Support

Central Bank Revives Export Credit Support

In a strategic effort to strengthen the nation’s export sector, Bangladesh Bank has reintroduced its pre-shipment credit refinance scheme. The decision follows a formal appeal from Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade organisation, reflecting the urgent need to support exporters amid global economic uncertainties. Originally launched in 2020, the […]
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City Bank Records Tk 1324 Crore Profit Milestone City Bank Records Tk 1,324 Crore Profit Milestone

City Bank Records Tk 1,324 Crore Profit Milestone

City Bank PLC has posted the highest profit in its corporate history for the financial year 2025, achieving a record-breaking performance despite an adverse macroeconomic backdrop characterised by inflationary pressure, tighter liquidity conditions, and persistent global economic uncertainty. According to disclosures made on Friday (10 April), the bank recorded a consolidated net profit of Tk […]
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Vietnam Finance Firms Face Customer Pressure In Crowded Market Vietnam Finance Firms Face Customer Pressure In Crowded Market

Vietnam Finance Firms Face Customer Pressure In Crowded Market

Vietnam’s financial services sector is entering 2026 with renewed consumer optimism, yet firms are grappling with intensifying competition and rising customer expectations in an increasingly saturated marketplace. Fresh insights from NielsenIQ (NIQ) reveal a shifting financial mindset among Vietnamese consumers—one that blends traditional caution with a growing willingness to borrow and invest. After a turbulent […]
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Dollar Weakens as Yuan Surges Dollar Weakens as Yuan Surges

Dollar Weakens as Yuan Surges

A notable shift has emerged in global currency markets as prolonged geopolitical tensions show tentative signs of easing. The US dollar has come under renewed pressure, recording its sharpest decline since January, while major alternative currencies—particularly the Chinese yuan, the euro, and the British pound—have strengthened, signalling a recalibration in global investor sentiment. According to […]
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