Lockton Gains Saudi Reinsurance Licence
Lockton has obtained a reinsurance licence in Saudi Arabia, allowing the broker to conduct facultative and treaty reinsurance business directly …
Business
Shariah Insurance Launched by EBL, Akij
Eastern Bank PLC (EBL), in partnership with Akij Takaful Life Insurance PLC, has launched Shariah-compliant Takaful insurance solutions through its …
IFIC Bank Expands ATM Access
IFIC Bank has expanded its automated banking network with the inauguration of a new ATM booth at Monipuripara in Dhaka, …
Prime Bank signs pact with PayStation to expand EMI services
Prime Bank PLC has signed an agreement with Service Hub Limited (PayStation) to introduce enhanced payment flexibility for its customers, …
BRAC Bank partners Ascent Health for healthcare access
BRAC Bank has signed an agreement with Ascent Health Limited to provide discounted healthcare services to its employees and cardholders …
Banking Sector Faces Dividend Clampdown
The central bank has maintained its strict dividend distribution framework for the 2025 financial year, resulting in more than half …
City Bank Q1 Profit Up Sharply
City Bank has reported a 162 per cent increase in net profit for the first quarter of the current year …
Foreign Funding Declines Sharply
Foreign financing inflows into Bangladesh have registered a significant decline in the first nine months of the current fiscal year …
Bangladesh Bank Eases Industrial Lending
Bangladesh Bank has introduced a significant policy overhaul aimed at strengthening long-term investment in the country’s industrial sector and boosting …
Dhaka Bank Declares Ten Percent Cash Dividend
Dhaka Bank PLC has recommended a 10 per cent cash dividend for shareholders for the financial year ended 31 December …