In a renewed regulatory intervention, Bangladesh Bank has restructured the board of Islami Bank Bangladesh by removing Md Abdul Jalil and appointing SM Abdul Hamid as a director. The decision, implemented on 16 March, forms part of the central bank’s continuing efforts to reinforce governance and accountability in the country’s banking sector. Md Abdul Jalil […]

The Bangladesh insurance sector is facing an unprecedented slowdown as the Insurance Development and Regulatory Authority (IDRA) operates without a chairman. This prolonged leadership gap has stalled critical policy approvals, delayed insurance claim settlements, and weakened the regulatory supervision of companies, creating widespread uncertainty among investors and policyholders. Dr. M. Aslam Alam, who had been […]

Bangladesh’s central bank has introduced a reform designed to simplify export procedures and align the country’s trade practices with international standards. The latest directive permits exporters to send transport and shipping documents directly to overseas buyers for consignments valued at up to $100,000, a move widely seen as a step towards faster and more efficient […]

Eastern Bank PLC (EBL) has reinforced its commitment to inclusive social development through a strategic collaboration with Proyash Institute of Special Education, an organisation dedicated to empowering children with special needs. The partnership is set to enhance the institute’s infrastructure and broaden the scope of its specialised educational and therapeutic services. The agreement was marked […]