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 …
Business
Global Insurance Fraud Escalates Amid Rising Risks
Insurance fraud is becoming an increasingly sophisticated and globalised problem, with methods differing across regions but sharing a common thread: …
Central Bank Simplifies Foreign Guarantee Rules
Commercial banks in Bangladesh have been granted greater flexibility in extending credit to companies operating in the country, following a …
Shahjalal Islami Bank Executive Committee Holds 915th Meeting
The Executive Committee of Shahjalal Islami Bank PLC convened its 915th meeting on 11 March 2026 at the bank’s Corporate …
Iran Tensions Strain Global Reinsurance Market
Rising hostilities between the United States, Israel, and Iran are placing unprecedented pressure on the global reinsurance industry. Insurers and …
U.S. Rolls Out $20 Billion Maritime Reinsurance Plan
The United States has introduced a $20 billion government-backed maritime reinsurance programme to ensure uninterrupted commercial shipping through the strategic …
EBL Celebrates Women SME Success
Eastern Bank PLC has recognised a group of women entrepreneurs for their outstanding performance in repaying business loans obtained under …
Prime Bank Sponsors Student Excellence Awards
Prime Bank PLC has partnered with The Daily Star to serve as the Title Sponsor of the renowned O and …
IMF Confirms Ongoing Support for Bangladesh Economy
The International Monetary Fund (IMF) has reaffirmed its commitment to supporting Bangladesh’s economic development, signalling confidence in the country’s new …
NBFC Deposits Rise Amid Credit Slowdown
Bangladesh’s non-bank financial companies (NBFCs) posted a modest increase in deposits during the October–December 2025 quarter, even as lending for …