Category: South Asia

Al-Arafah Islami Bank and Seamax Forge Rural Partnership

Al-Arafah Islami Bank and Seamax Forge Rural Partnership

Al-Arafah Islami Bank PLC, one of Bangladesh’s leading Shariah-compliant financial institutions, has entered into a strategic partnership with Seamax Limited, marking a significant stride towards advancing agricultural and rural development across the country. The collaboration was formalised through the signing of a Memorandum of Understanding (MoU) at the bank’s headquarters, a press release confirmed. Under […]
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Hong Kong Insurance Capital Rules Undergo Reform

Hong Kong Insurance Capital Rules Undergo Reform

The Insurance Authority (IA) of Hong Kong has unveiled a set of proposed amendments to the capital framework for insurers, aiming to provide some companies with reduced capital requirements. According to analysis by Fitch Ratings, however, the overall impact on locally rated insurers is expected to be credit-neutral, as the agency primarily assesses capital adequacy […]
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Prime Bank Empowers Youth at GAU Seminar

Prime Bank Empowers Youth at GAU Seminar

Prime Bank PLC recently hosted a seminar on “Youth Empowerment” at Gazipur Agricultural University (GAU), organised in collaboration with the university and the GAU Career Club. Conducted under the bank’s educational initiative, PrimeAcademia, the event aimed to strengthen the connection between academic knowledge and practical financial skills, underscoring Prime Bank’s commitment to nurturing leadership, self-reliance, […]
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Rupali Insurance Holds Annual Strategic Conference

Rupali Insurance Holds Annual Strategic Conference

Rupali Insurance Company Limited, one of Bangladesh’s leading private-sector insurance providers, hosted its 2026 Annual Conference at the Imperial Convention Centre in Dhaka. The event brought together the company’s Board of Directors, branch managers, regional heads, and field officers to evaluate the 2025 fiscal year performance and chart strategic priorities for 2026, with a focus […]
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Uttara Bank Marks 50th Sub-Branch Milestone

Uttara Bank Marks 50th Sub-Branch Milestone

Uttara Bank PLC has reached a significant operational landmark with the inauguration of its 50th sub-branch, underscoring the institution’s sustained commitment to financial inclusion and regional expansion. The new Shamshernagar Sub-Branch, located in Kamalganj upazila of Moulvibazar district under the Sylhet division, was formally opened on Monday at a ceremony attended by senior executives, local […]
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OECD Advises Making Residential Insurance Mandatory for Filipino Businesses OECD Advises Making Residential Insurance Mandatory for Filipino Businesses

OECD Advises Making Residential Insurance Mandatory for Filipino Businesses

The Philippines is being urged to reform its insurance sector by introducing mandatory home coverage for businesses and incentivising disaster-resilient construction, according to the Organisation for Economic Co-operation and Development (OECD). The Paris-based body warned that the country faces a “massive protection gap” in the wake of increasing climate-related risks, underscoring its status as one […]
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