Jamuna Bank Introduces Its New Logo

Non-life insurance companies in Bangladesh settled just 10% of claims, worth Tk 3,140 crore, between January and September 2024, compared to 15% in the same period last year. For 2023 as a whole, 41% of claims were settled, up from 35% in 2022.

The Bangladesh Financial Intelligence Unit (BFIU) has requested information on the bank accounts of former Prime Minister Sheikh Hasina, her sister Sheikh Rehana, and the Bangabandhu Sheikh Mujibur Rahman Memorial Trust.

Al-Arafah Islami Bank signed an agreement with InterContinental Dhaka to offer exclusive benefits to its La-Riba platinum credit Mastercard holders. The deal, finalized at the bank’s head office in Dhaka on Monday, includes a "Buy-One-Get-One" offer for cardholders.

The number of bank accounts in Bangladesh holding at least Tk1 crore decreased by 1,657 during the July-September 2024 quarter, with total deposits falling by Tk26,187 crore, according to Bangladesh Bank data. By the end of September, such accounts numbered 1.17 lakh, down from 1.19 lakh in June.

AB Bank has launched a new internet banking app, "AB Direct," allowing customers to access banking services anytime, anywhere. Additionally, the bank introduced four new products: AB Ilham, an Islamic Shariah-based deposit with attractive profits; AB Amani, a Shariah-based deposit for women offering insurance coverage; AB Shasando, a current account with interest and overdraft facilities for salaried individuals; and the Kotipoti Deposit Scheme, which enables depositors to plan their savings to become millionaires.

BRAC Bank has partnered with Seven Rings Cement to provide a suite of advanced cash management solutions via its CORPnet platform. This digital tool integrates payments, collections, and reconciliation services, offering real-time transaction processing, virtual accounts for deposit tracking, and API-enabled statement data for enhanced accuracy.