Category: State

Bangladesh Banks Must Uphold Political Neutrality Governor Bangladesh Banks Must Uphold Political Neutrality: Governor

Bangladesh Banks Must Uphold Political Neutrality: Governor

Bangladesh Bank Governor Mostaqueur Rahman has issued a decisive warning that no bank in the country should operate in allegiance to any political party, group, or family. Speaking at a high-level meeting with the Board of Directors and senior executives of Islami Bank Bangladesh Limited (IBBL) on Monday, the governor stressed that professionalism, transparency, and […]
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Middle East Tensions Fuel Cyber Insurance Boom Middle East Tensions Fuel Cyber Insurance Boom

Middle East Tensions Fuel Cyber Insurance Boom

Rising geopolitical tensions in the Middle East are creating profound shifts in the global insurance landscape, with cyber insurance emerging as the fastest-growing coverage area amid escalating digital and physical threats. Industry analysts warn that companies are increasingly incorporating geopolitical risk into their cyber strategies, reflecting the intertwining of international conflicts and cybersecurity vulnerabilities. Surge […]
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Banks to Maintain Limited Services During Eid Banks to Maintain Limited Services During Eid

Banks to Maintain Limited Services During Eid

In a bid to ensure the continuity of essential financial operations during the extended government holidays for Eid-ul-Fitr, Bangladesh Bank has issued new guidelines mandating that banks remain operational on a limited scale. The directive, issued on Monday, 16 March, by the Supervisory Data Management and Analytics Department of the central bank, has been circulated […]
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Delta Life Launches Management Trainee Recruitment Delta Life Launches Management Trainee Recruitment

Delta Life Launches Management Trainee Recruitment

Delta Life Insurance Company Limited has announced a recruitment drive for the position of Management Trainee Officer. The company began accepting applications on 15 March 2026, and the application window will remain open until 14 April 2026. Interested candidates are invited to submit their applications online. Selected candidates will receive a monthly salary along with […]
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IDRA Hosts Workshop on Livestock Insurance Policy

IDRA Hosts Workshop on Livestock Insurance Policy

The Insurance Development and Regulatory Authority (IDRA) organised a dedicated workshop on Sunday, 15 March, as part of its ongoing efforts to develop the National Livestock Insurance Policy 2025. The initiative is designed to bolster insurance mechanisms for livestock and fisheries, offering farmers protection against economic losses due to disease outbreaks, natural hazards, and market […]
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Persian Gulf Faces Maritime Insurance Crisis Persian Gulf Faces Maritime Insurance Crisis

Persian Gulf Faces Maritime Insurance Crisis

Heightened geopolitical tensions in the Middle East have triggered a growing crisis in the maritime insurance sector, as several insurers withdraw or limit war-risk coverage for vessels operating in the Persian Gulf. The move has sparked fresh concerns among global underwriters, with Fitch Ratings warning that U.S.-based marine insurers could face elevated credit and financial […]
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Takaful Insurance Gains Global Momentum

Takaful Insurance Gains Global Momentum

Takaful insurance is witnessing rapid global adoption as a cornerstone of Islamic finance. Designed as a Sharia-compliant alternative to conventional insurance, Takaful emphasises mutual assistance and shared responsibility, providing a system where participants collectively manage risk while adhering to Islamic ethical standards. Participants contribute to a common fund, which is then used to support members […]
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City Bank Advances Global Payments with Swift 1 City Bank Advances Global Payments with Swift

City Bank Advances Global Payments with Swift

City Bank has taken a significant step towards modernising its cross-border payment services by committing to the adoption of a new Swift framework designed to enhance the speed, transparency, and tracking of international transactions. The move aims to provide customers with a seamless real-time payment experience, allowing them to monitor the progress of transfers at […]
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