Central Bank has Asked for Information of 46 Insurance Companies

The Central Bank has Asked for Information of 46 Insurance Companies

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Memo:

Date: 06 January 2021 (Published)

Notice for Submitting Insurance Information

The central bank has asked for information of 

48 insurance companies

Bangladesh Bank has asked for the bank account information of 48 insurance companies of the country. The information was sought in a letter sent to the scheduled banks from the central bank's banking regulations and policy department on Sunday. This information will have to be informed by tomorrow. According to the letter from Bangladesh Bank, all bank account information of insurance companies has to be sent by January 8. The specific information to be sent includes: bank account type, account number, total number of accounts and name of the branch where the account is kept. 

The companies requested are:

1. Agrani Insurance, 
2. Asia Insurance, 
3. Asia Pacific General Insurance, 
4. Bangladesh Co-operative Insurance, 
5. Bangladesh General Insurance, 
6. Company (BGIC) Insurance, 
7. Bangladesh National Insurance, 
8. Central Insurance, 
9. City General Insurance, 
10. Continental Insurance, 
11. Crystal Insurance, 
12. Desh General Insurance, 
13. Dhaka Insurance, 
14. Eastern Insurance, 
15. Eastland Insurance, 
16. Express Insurance, 
17. Federal Insurance, 
18. Insurance Insurance, 
19. Global Insurance, 
20. Global Insurance, , 
21. Mercantile Insurance, 
22. Nitol Insurance, 
23. Northern Insurance, 
24. Paramount Insurance, 
25. People's Insurance, 
26. Phoenix Insurance, 
27. Pioneer Insurance, 
28. Pragati Insurance, 
29. Prime Insurance, 
30. General Insurance, 
31. Prabhati Insurance, 
32. Purabi Insurance
33. Sadharan Bima Corporation- Insurance, 
34. Sena Kallyan Insurance,
35. Sikdar Insurance, 
36. Sonar Bangla Insurance,
37. South Asia Insurance, 
38. Standard Insurance, 
39. Takaful Islami Insurance, 
40. Union Insurance and 
41. United General Insurance.

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It is known that the insurance sector of the country is extremely chaotic. After years of waiting, several companies are not meeting customer demands. The companies are operating multiple bank accounts to fool the regulator.

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News Published in National Dailies

 

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Recent Circular/ (More Info):

No

Date

Details

To See CLICK HERE↓

    01.     31/08/2021 (Publish)      Job Circular: 07/10/2021 (Last)      CLICK HERE

    02.     

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