The Insurance Development and Regulatory Authority of Bangladesh (IDRA) serves as the principal regulatory body for the insurance sector in Bangladesh. Operating under the Ministry of Finance, Bangladesh, it is mandated to ensure the stability, transparency, and orderly development of both life and non-life insurance markets across the country. Established in 2010 through the Insurance […]

Customers of the newly consolidated Combined Islamic Bank will now be permitted to withdraw up to BDT 1 million (10 lakh) for urgent medical treatment, following updated guidance issued by the central authorities. The decision aims to ease pressure on depositors facing serious health-related financial needs amid the ongoing restructuring of the banking entity. According […]

Bangladesh’s foreign exchange market continues to reflect the country’s expanding international trade relations and the steady inflow of remittances from millions of expatriate workers. As global economic conditions fluctuate, exchange rates play a crucial role in determining the cost of imports, export competitiveness, and the overall stability of the domestic economy. On Tuesday, 7 April […]