Skip to content

Business & Economy

Remittance hits eight-month high

Business Report : In February, Bangladesh saw its highest remittance inflow in the past eight months, totaling $2.16 billion. This development offers a much-needed respite...

City Bank on Sunday launched its bancassurance service, marking its inaugural sale of a life insurance policy. The event was graced by Md Mahbubur Rahman, Chief Financial Officer; Mahia Juned, Chief Operating Officer; Ashanur Rahman, Country Business Manager; Arup Haider, Head of Retail Banking, Mohammad Mahfuzur Rahman, Head of Operations and Subir Kumar Kundu, Chief bancassurance Officer of City Bank PLC; as well as representatives from Guardian Life Insurance Limited.

Prime Minister Sheikh Hasina, handing over memento and certificate to Morshed Alam MP, Chairman of National Life Insurance for the highest insurance claims payment and special contribution to the insurance sector at the National Insurance Day ceremony in the city on Friday. The company won the National Insurance Award for the first time in 2023. National Life, the highest premium earning company, has won numerous domestic and international awards including Top Taxpayer Award 2023, SAFA Gold Award, ICSB Gold Award, ICMAB Gold Award, ICAB national award for its special contribution to the industry.