Southeast Bank Expands Rural Network With Ten “Shagotom” Outlets
Southeast Bank PLC has formally extended its financial services footprint into the unbanked and underserved segments of Bangladesh through the …
Business
U Fintech and Protective Islami Life Execute Agreement
U Fintech Limited and Protective Islami Life Insurance Limited have established a strategic alliance through the signing of a group …
Trust Bank Commits to Central Bank MSME Schemes
Trust Bank PLC has executed two separate participation agreements for refinance initiatives launched by Bangladesh Bank. The credit facilities are …
State-Owned Rupali Bank PLC Reports Deficit of Tk396 Crore
Rupali Bank PLC has entered a period of heightened financial instability, recording a consolidated net loss of Tk396 crore for …
Eastern Bank Women Customers Gain Tahoor Privileges
Eastern Bank PLC (EBL) has formalised a commercial partnership with Tahoor Studio, a prominent lifestyle brand in Bangladesh. Under the …
Legacy Systems Impede Returns on Insurance AI Spending
Insurance providers globally are escalating their capital expenditure on artificial intelligence (AI) to optimise underwriting and mitigate claims expenditures. However, …
Pragati Insurance Concludes 342nd Session of the Board
Pragati Insurance PLC has held its 342nd Board of Directors meeting to review ongoing operations and corporate governance. The administrative …
Premier Bank Clarifies Position on Narayanganj Branch LCs
Premier Bank PLC has issued a formal clarification regarding recent media coverage concerning Letter of Credit (LC) transactions at its …
New Partnership Links Al-Arafah Islami Bank and DCIMCH
Al-Arafah Islami Bank PLC, a prominent Shariah-compliant financial institution in Bangladesh, has entered into a formal partnership with Dhaka Central …
Group Insurance Accord Signed by Corporate Partners
American Dairy Limited (ADL) and Protective Islami Life Insurance Limited have formally ratified a strategic group insurance agreement designed to …