Showing 15 out of 23

Innovation in Digital Banking to Build Financial Resilience for Marginalized Communities
Digital Banking has redefined the financial landscape in Bangladesh during the Covid-19 pandemic. Overnight, people needed to figure out how to use banking services electronically because, despite a pandemic, the demand for credit did not disappear. While residents in the cities rushed to adopt digital banking, rural communities were still hesitant to embrace the technology. […]
| June 2, 2022

The evolving G2P Payment Landscape in Bangladesh
Evolving G2P Landscape in Bangladesh
An Overview of the G2P Payments Sector Bangladesh is experiencing unprecedented growth and success in all sectors. Year after year per capita income is rising, millions of people are being lifted out of poverty, government services are becoming more digitized, and the country is one of the global leaders in RMG exports. In this ongoing […]
| May 12, 2022

Green Bonds in Bangladesh – A New Incentive to Save Our Environment
Green Bonds in Bangladesh – A New Incentive to Save Our Environment
Present scene of the Bangladeshi bond market The fourth industrial revolution is imminent, and Bangladesh is eyeing various infrastructure projects to compete globally in attaining Sustainable Development Goals (SDG) and assuring economic wellbeing for all. The country has celebrated its 50th birth anniversary the current year, and during this half a century-long life span it has […]
| February 23, 2022

Agent Banking: Spearheading financial inclusion in Bangladesh
Agent Banking has been a catalyst in financial inclusion in Bangladesh. According to a report by the Bill & Melinda Gates Foundation, participation in financial services in the country has increased to reach an all-time high of 47 percent in 2018 as a result of a 5 percentage-point surge (20% to 25%) in registered bank […]
| October 15, 2020
LightCastle COVID 19 Series – 2020
Report
LightCastle COVID 19 Series – 2020
by

The Covid-19 pandemic is having a major impact on the world we live in. The virus has not only wreaked havoc on our healthcare system, but has devastated the global economy. Amid the economic maelstrom, the Bangladesh economy finds itself in a precarious state, especially due to sagging apparel sales, declining remittances, soaring job losses, […]

  • Published on: June 11, 2020

IMF Highlights Weak Financial Sector Against Strong Economy
The state of the Bangladeshi economy has been under increased scrutiny in recent times. The reasons include the due graduation from low-income to middle-income country status and the potential upcoming global recession that may dampen this progress. The International Monetary Fund (IMF) does regular surveillance of its member countries’ economic and financial policies, as per […]
| January 26, 2020

Making a Dent in Poverty through Microfinance
With the turn of the new decade, the global agenda of poverty eradication remains just as important a pursuit now as it ever was. The world continues to move towards an age in which the social business model is being reinvented with innovation at regular intervals, and industries are actively encouraged by their governments to […]
| January 22, 2020

[Infographic] The Financial Market in Bangladesh
Bangladesh’s formal financial sector can be broadly segmented into two buckets: formal and others. The formal sector can again be subdivided into four categories. Microfinance, Insurance, Banks and NBFIs. As of today, the sector consists of 59 scheduled commercial banks with 3 new banks recently approved by the Bangladesh Bank, taking the tally up to […]
| November 13, 2019
Overview of Non-Life Insurance Sector
Report
Overview of Non-Life Insurance Sector
by

Currently there are 78 insurance companies including two previously mentioned government owned corporations. Among these, 47 are non-life insurance companies and 31 are life insurance companies. 35 non-life and 12 life insurance companies are listed in the capital market. However, Insurance sector is still undergrown considering the age of privatization and comparing with other constituents […]

  • Published on: October 17, 2019

The Untapped Potential of the Insurance Industry
Risk is one of its most challenging and constant aspects of the human experience. By providing financial backing in case of unexpected events, insurance attempts to reduce the impact of risk on our health, belongings, and businesses. The insurance industry is not only central to the creation of a stable business environment but also critical […]
| October 13, 2019

Banking Sector: Turbulence in Disguise
Bangladesh is one of the fastest growing economies in Asia-Pacific. The country is aspiring to gain the status of a middle income country very soon and has been making great strides in terms of social, economic and technological transformation. It recorded a commendable GDP growth rate of 7.86% in 2018. All these being said, a […]
| October 7, 2019
Potential for Growth: Transforming Bangladesh’s Insurance Sector
Report
Potential for Growth: Transforming Bangladesh’s Insurance Sector
by

The role of insurance in managing risks in an economy cannot be overstated. At a micro level, insurance safeguards households and companies from a myriad of risks. From a macro perspective, it reduces the financial burden on a government and creates a stable environment in which businesses can thrive and succeed. While Bangladesh has taken […]

  • Published on: July 24, 2019

FinTech – Creating New Opportunities for MFIs in Bangladesh
FinTech has strongly emerged in developed markets FinTech, the emerging sector that uses technology to revamp financial services for both businesses and consumers, can have prodigious impact on economic activities. FinTech encompasses products and services within the categories of lending, personal finance, retail and institutional investments, equity financing, consumer banking and many more. Today’s digital […]
| May 23, 2019
Join our mailing list to get latest updates at your mailbox.