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New IDRA chairman eyes bailout digital reforms for insurance sector

Newly appointed Chairman of the Insurance Development and Regulatory Authority (IDRA), Mir Nadia Nivin, has said the regulator is considering the possibility of a...

NBFI sector shows recovery as deposits depositors rise

Bangladesh’s non-bank financial institution (NBFI) sector is showing early signs of recovery after years of challenges caused by irregularities, corruption, and weak governance, with...

WB approves $450m for Bangladesh banking reforms

The World Bank has approved a $450 million loan to help strengthen Bangladesh’s banking sector, enhance depositor protection, improve regulatory oversight, and support reforms...

BB Directs banks not to discourage savings certificate investors

Bangladesh Bank has issued a fresh directive to scheduled banks following allegations that some institutions have been discouraging customers from investing in government savings...

Federal Insurance gets qualified audit opinion

Auditor of listed insurer Federal Insurance PLC has issued a qualified opinion and included an Emphasis of Matter paragraph in the company's audited financial...

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