Zenith Islami Life Expedites Death Claim
Zenith Islami Life Insurance PLC has swiftly settled a death claim for one of its policyholders, Mr Jalal, disbursing a …
Business
Modhumoti Bank Strengthens Islamic Banking Expertise
Modhumoti Bank PLC has taken a significant step towards strengthening its institutional capacity in Shariah-compliant finance by organising a comprehensive, …
Dhaka Bank Links with BIDA One-Stop Portal
Dhaka Bank PLC and the Bangladesh Investment Development Authority (BIIDA) have formalised a strategic partnership through the signing of a …
IDRA Excludes Public Strike Losses from Insurance
The Insurance Development and Regulatory Authority (IDRA) has recently issued a pivotal directive clarifying that losses arising from “public strikes” …
Indonesia Faces Rising Life Insurance Fraud
Indonesia is witnessing a concerning surge in life insurance fraud, prompting heightened alert among regulators and industry experts. The country’s …
Rupali Bank Sets Recovery Record
At a time when Bangladesh’s banking sector continues to grapple with prolonged global economic headwinds, foreign exchange shortages, liquidity stress …
AI Revolution Reshapes Global Insurance Sector
The global insurance industry has experienced a notably eventful week, marked by a combination of technological advancements, slow premium growth, …
Commercial Banks In Bangladesh Favour Low-Interest Safe Deposits
Leading commercial banks in Bangladesh continue to park their excess funds in the low-interest Standing Deposit Facility (SDF), despite comparatively …
New Rules Limit Overseas Life Insurance Expenses
The Insurance Development and Regulatory Authority (IDRA) has introduced new rules to cap the operating expenses of life insurance companies’ …
Bangladesh Bank Restores 4% Profit for Five Banks
In a significant policy reversal, Bangladesh Bank has announced that depositors of five banks currently undergoing a consolidation process will …