Business

Jul282026 by Statement DeskNo Comments

BRAC Bank targets USD 9 billion trade volume in 2026

BRAC Bank has set a target of facilitating USD 9 billion in international trade volume in 2026 after recording a historic USD 7.3 billion in 2025, reinforcing its ambition to become Bangladesh's largest trade bank.The bank has carried its growth momentum into 2026, facilitating USD 4.52 billion in trade transactions during the first six months of the year. A key milestone came when trade volume crossed USD 1 billion in a single month, underscoring the bank's expanding role in supporting Bangladesh's international commerce.The latest performance builds on a sustained growth trajectory. BRAC Bank's trade volume has more than doubled over the past five years, increasing from USD 2.8 billion in 2021 to USD 3.6 billion in 2022, USD 4.3 billion in 2023 and USD 5.6 billion in 2024 before ...

Jul272026 by Statement DeskNo Comments

Euromoney Recognizes IDLC Investments for Excellence in Capital Markets and Islamic Finance

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IDLC Investments Limited has received three recognitions across two Euromoney award programs in 2026. At the Euromoney Awards for Excellence 2026, the institution has been named Bangladesh’s Best Equity Capital Markets (ECM) House, and Best Debt Capital Markets (DCM) House; while the BDT 1.88 billion Green Islamic Syndicated Financing arranged for Akij Bakers Limited was recognized as the Bangladesh’s Best Islamic Project Finance Deal at the Euromoney Islamic Finance Awards 2026.The three recognitions reaffirm IDLC Investments’ position as one of Bangladesh’s leading capital market institutions, reflecting its integrated capabilities across equity capital markets, debt capital markets, structured finance, syndication, advisory, underwriting and trustee services.In equity capital ma...

Jul252026 by Statement DeskNo Comments

MetLife Bangladesh settles 1,384 Crore Taka claims in the first six months of 2026

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MetLife Bangladesh has settled 1,384 Crore Taka claims in the first six months (January – June) of 2026. This amount includes the money customers receive as insurance benefits and claims for loss of life and medical needs.MetLife Bangladesh's Chief Executive Officer, Ala Ahmad, said, "The claims amount settled in the first six months of the year reflects our strong commitment to supporting customers and their families when they need us most. By continuously enhancing our claims process to make it faster, simpler, and more transparent, we aim to strengthen customer confidence and contribute to building greater trust in Bangladesh’s insurance sector.”MetLife maintains a consistent track record of timely claims settlement. In the year 2025, MetLife Bangladesh settled the highest claim...

Jul252026 by Statement DeskNo Comments

BRAC Bank Branch Distribution Network achieves record BDT 5,000 crore CASA deposit growth in first half of 2026

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BRAC Bank's Branch Distribution Network has achieved a landmark BDT 5,000 crore growth in Current Account Savings Account (CASA) deposits during the first six months of 2026, reflecting customers' growing confidence in the bank and the network's strong deposit mobilisation capabilities.The milestone builds on the Distribution Network's consistent growth momentum in recent years, reinforcing its contribution to the bank's sustainable business expansion through relationship-driven banking and customer-centric service.To celebrate the achievement, BRAC Bank organised a recognition programme attended by Tareq Refat Ullah Khan, Managing Director & CEO; Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network; members of the Management Committee; l...

Jul242026 by Statement DeskNo Comments

Energypac presents new strategic roadmap “River Wave” by RBF

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Energypac one of Bangladesh’s leading power and engineering conglomerates, recently hosted an executive meeting with key financial partners and banking institutions at Gulshan Club to outline its long-term growth roadmap alongside a distinct financial realignment strategy.Guided by the principle, "Growth for Goodness," the leadership team detailed a forward-looking operational model aimed at enhancing production efficiencies and market presence across core business segments.During the session, Engineer Rabiul Alam, Chairman, and Humayun Rashid, Managing Director and CEO of Energypac Power Generation PLC mapped out the company's product expansions and portfolio shifts. His presentation focused on next-generation mobility, including Light Commercial Vehicles (LCVs) and EV buses, expa...

Jul212026 by Statement DeskNo Comments

BRAC Bank named best in Equity, Diversity & Inclusion

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BRAC Bank has been honoured with the SDG Brand Champion 2026 Award in the Equity, Diversity & Inclusion (SDG 10) category for its flagship CSR initiative, Aporajeyo Ami, in recognition of its efforts to reduce inequalities and advance disability inclusion in Bangladesh.The initiative was recognised for advancing disability inclusion, expanding healthcare access, promoting equal opportunities, and creating pathways to dignified employment for persons with disabilities.Launched in 2024, Aporajeyo Ami is Bangladesh’s first bank-led, multi-pillar disability inclusion initiative. Through strategic partnerships with specialised healthcare and development partners, the programme has provided vision care to more than 63,000 people, facilitated formal employment for 50 persons with disa...

Jul202026 by Statement DeskNo Comments

Guardian named Most Sustainable Financial Institution in Insurance at SDG Brand Champion Awards 2026

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Guardian Life Insurance Limited has been named the ‘Most Sustainable Financial Institution of the Year – Insurance’ at the SDG Brand Champion Awards 2026 for the impact of Guardian BRAC Bima—an inclusive insurance initiative designed to ensure that the loss of a loved one does not leave a low-income family burdened with debt. Organized by Bangladesh Brand Forum and Sustainable Brand Initiative under the Bangladesh Innovation Conclave, the awards recognize initiatives making measurable contributions towards advancing the United Nations Sustainable Development Goals. Launched in 2015 through a partnership between Guardian Life and BRAC, Guardian BRAC Bima embeds insurance protection within BRAC’s microfinance ecosystem. Today, it operates through nearly 3,300 BRAC branches across all 64 di...

Jul162026 by Statement DeskNo Comments

MetLife Bangladesh Recognizes Top Agency Performers for Advancing Financial Inclusion and Customer Excellence

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MetLife Bangladesh, the number one life insurance company in Bangladesh, recently recognized 949 of its top-performing Financial Associates, Unit Managers, and Branch Managers, celebrating their outstanding contributions in 2025.The award recipients were recognized for exceptional business performance, effective use of digital technology, commitment to superior customer service, creation of employment opportunities, and their significant role in making life insurance more accessible across Bangladesh.The ceremonies were attended by senior leadership including Lyndon Oliver, Regional President, Asia; Elena Butarova, Head of Bangladesh, Malaysia, Nepal and Vietnam; and Ala Ahmad, Chief Executive Officer of MetLife Bangladesh, who personally recognized the achievements of the agency f...

Jul152026 by Statement DeskNo Comments

BRAC Bank and OneTrueValue partner to expand green financing for SMEs

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BRAC Bank has partnered with OneTrueValue (OTV) to expand access to green financing for small and medium enterprises (SMEs), reinforcing its commitment to sustainable business growth and Bangladesh's transition to a low-carbon economy.The partnership comes under the Access to Green Financing (A2GF) for Enterprises – Scale & Innovation programme, supported by the Embassy of Switzerland in Bangladesh.Through the partnership, BRAC Bank will strengthen its green financing capabilities while expanding SMEs' access to finance for renewable energy, energy-efficient technologies, waste management and circular economy initiatives.The collaboration will also enhance the bank's capacity to assess green investments through specialised assessment tools and technical expertise.The in...

Jul132026 by Statement DeskNo Comments

Coca-Cola Bangladesh Appoints Laila Farzana as Director, Front Line Marketing

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Coca-Cola Bangladesh, one of the country’s leading beverage companies, has announced the appointment of Laila Farzana as Director - Front Line Marketing.Laila brings over 16 years of experience in marketing, media, digital transformation, trade marketing, and category management across some of Bangladesh’s leading consumer-focused organizations. Prior to joining Coca Cola Bangladesh, she served asDMC (Digital Marketing, Media, and dCommerce) Lead at Unilever Bangladesh, where she led the company's Digital Marketing, Media, and dCommerce functions across brands, anchoring the governance of the organization's media investment.Over the course of an eight-year career at Unilever, Laila held several leadership positions spanning category management, customer marketing, and media, drivin...