PHOTO: DUTCH-BANGLA BANK

STAR BUSINESS DESK

Dutch-Bangla Bank PLC (DBBL) and its partner Pragati Life Insurance PLC have jointly handed over their first insurance claim following the tragic demise of a customer.

Abul Kashem Md Shirin, managing director and CEO of Dutch-Bangla Bank PLC, and MJ Azim, managing director and CEO of Pragati Life Insurance PLC, handed over a cheque covering the claim amount to the nominee of the deceased policyholder at a ceremony held at the bank’s head office in Dhaka recently, according to a press release.

DBBL is taking the lead in the bancassurance business in Bangladesh with the aim of bringing more people under insurance coverage. The event reflects the bank’s strong commitment to delivering excellent service to its customers across the country, the release added.

As of October 20, 2025, the bank has sold a total of 8,306 policies, and its market share in the bancassurance business currently stands at 41 percent, the highest among peer banks in Bangladesh.

MJ Azim, managing director and CEO of Pragati Life Insurance PLC, and Abul Kashem Md Shirin, managing director and CEO of Dutch-Bangla Bank PLC, hand over a cheque covering the claim amount to the nominee of the deceased policyholder at the bank’s head office in Dhaka recently.