Green Delta Insurance and Truck Lagbe Inks Agreement

Bangladesh Bank has announced a Tk 9.0 billion startup fund aimed at accelerating economic growth by providing capital to new enterprises. The fund will be distributed through commercial banks and is part of the government's initiative to foster innovation and investment in the startup sector.

Bangladesh has unveiled a series of bold reforms and financial initiatives aimed at easing business operations and energizing the startup ecosystem. At the Bangladesh Investment Summit 2025, the central bank announced a Tk900 crore equity fund dedicated to startups, alongside an additional Tk500 crore fund combining equity and lending support.

Bangladesh Bank (BB) has relaxed regulations, allowing start-ups to invest up to $10,000 abroad by establishing legal entities. This move aims to support start-ups in Bangladesh and promote innovation. Start-ups, which are in their initial stages, can now submit applications to authorized dealer (AD) banks for remittances up to $10,000 and must report the registration/incorporation of such entities within six months.

IDRA has mandated that no one can use the CEO title in any insurance company without prior approval. Additionally, CEO appointments on a current charge basis are prohibited. Until IDRA approves a CEO, an additional managing director may serve as "CEO (in-charge)."

Bangladesh’s insurance sector faces a confidence crisis due to corruption, liquidity shortages, and weak regulation, with unsettled life insurance claims rising 66% in five years and insurance penetration at just 0.5%.

Chartered Life Insurance Company Limited, listed on the stock market, received a long-term credit rating of "AA-" and a short-term rating of "ST-2" from Alpha Credit Rating PLC, based on audited financial data as of December 31, 2023.