Category: State

Banks Revise Hours Amid Energy Crisis Banks Revise Hours Amid Energy Crisis

Banks Revise Hours Amid Energy Crisis

In response to escalating geopolitical tensions in the Middle East and the resulting global energy crunch, the government has introduced revised working hours across public and private institutions, including the banking sector, as part of broader austerity measures aimed at reducing national energy consumption. The decision was finalised at a Cabinet meeting held on Thursday, […]
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Bangladesh Strengthens Bank Risk Supervision System Bangladesh Strengthens Bank Risk Supervision System

Bangladesh Strengthens Bank Risk Supervision System

Bangladesh Bank has further tightened its regulatory oversight of the country’s banking sector in a move aimed at identifying financial vulnerabilities—particularly non-performing loans (NPLs)—at an earlier stage and reinforcing overall financial stability. The central bank has instructed all scheduled commercial banks to submit interim audit reports within a fixed timeframe as part of its expanded […]
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Bangladesh Reserves Hit 34.43 Billion Amid Remittance Surge Bangladesh Reserves Hit $34.43 Billion Amid Remittance Surge

Bangladesh Reserves Hit $34.43 Billion Amid Remittance Surge

Bangladesh’s foreign exchange reserves have climbed to 34.43 billion US dollars, according to the latest figures released by Bangladesh Bank, reflecting a gradual strengthening of the country’s external sector position driven by record-breaking remittance inflows and a broadly stable macroeconomic environment. The data was confirmed on Thursday (2 April) by Arif Hossain Khan, Executive Director […]
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Covea Partners with Shift to Combat Insurance Fraud Covéa Partners with Shift to Combat Insurance Fraud

Covéa Partners with Shift to Combat Insurance Fraud

Covéa Insurance, a leading player in the UK general insurance market, has announced a significant transformation of its fraud and risk management infrastructure. In a move designed to replace legacy, fragmented detection tools with a sophisticated, unified ecosystem, the insurer has entered into a long-term strategic partnership with Shift Technology. This collaboration marks a shift […]
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Treasury Eyes Private Credit Risks Treasury Eyes Private Credit Risks

Treasury Eyes Private Credit Risks

The United States Treasury Department has announced that it will hold a series of meetings with domestic and international insurance regulators to assess recent developments in the rapidly expanding private credit market, amid growing concerns over the stability of the $2 trillion non-bank lending sector and its potential spillover effects on broader financial markets. According […]
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Dhaka Bank Signs Landmark Corporate Health Partnership

Dhaka Bank Signs Landmark Corporate Health Partnership

Dhaka Bank PLC and Ascent Health Limited formalised a Corporate Health Agreement on 30 March 2026, reinforcing their commitment to employee and customer well-being. The signing ceremony took place at the Dhaka Bank PLC Head Office, drawing senior leadership from both organisations. The Memorandum of Understanding (MoU) was officially signed and exchanged by Md. Mostaque […]
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CORPnet Sets New Digital Milestone

CORPnet Sets New Digital Milestone

BRAC Bank’s corporate internet banking platform, CORPnet, achieved a significant milestone in 2025 by processing transactions worth Tk 2.273 trillion (Tk 227,321 crore) across nearly 8 million digital transactions. The strong performance highlights the deepening integration of digital solutions within Bangladesh’s corporate financial ecosystem. The platform registered a 43 per cent increase in transaction value […]
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Record Remittance Inflows Strengthen Bangladesh Foreign Exchange Reserves Record Remittance Inflows Strengthen Bangladesh Foreign Exchange Reserves

Record Remittance Inflows Strengthen Bangladesh Foreign Exchange Reserves

Bangladesh has recorded a historic surge in remittance inflows in March, with expatriate workers sending close to $4 billion in a single month—the highest level ever documented in the country’s history. The development underscores the increasing structural importance of overseas earnings in supporting macroeconomic stability, easing external financing pressures, and reinforcing foreign exchange buffers. According […]
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Global Insurance Premiums Rise As Rates Begin Softening Global Insurance Premiums Rise As Rates Begin Softening

Global Insurance Premiums Rise As Rates Begin Softening

Global commercial insurance premiums are forecast to reach approximately $1.4 trillion in 2025, reflecting continued expansion across the non-life insurance sector despite signs of moderating pricing and persistent exposure to climate-related risks. The projected growth rate of 2% to 3% suggests a stabilisation phase following several years of sharper premium increases driven by inflation, claims […]
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