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BRAC Bank to collect ins premium of LIC of Bangladesh

BRAC Bank Limited is poised to deploy its real-time online Branch Network and Agent Banking channels to collect insurance premium from the clients of Life Insurance Corporation (LIC) of Bangladesh Limited.   The customers can now deposit insurance premium at...

ONE Bank Limited and Chartered Life Insurance Company Limited signed an agreement recently in Dhaka to facilitate the collection and payment solution of Chartered Life Insurance Company Limited through BEFTN (Bangladesh Electronic Fund Transfer Network).   Mr. Md. Monzur Mofiz, Additional Managing Director of ONE Bank Limited, and Mr. S.M. Ziaul Hoque, Managing Director of Chartered Life Insurance Company Limited have signed the agreement on behalf of the respective organizations.   Ms. Rozina Aliya Ahmed, Additional DMD of ONE Bank Limited, Mohammad Amdad Ullah, Deputy Managing Director of Chartered Life Insurance Company Limited and other high officials of both the organizations were present on the occasion.  -rmc//

China curbs gold imports as trade war heats up

China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth...