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BIFC's financial indicators suffer setback: Auditor

The auditor has given 'qualified' opinion on the financial statement of the Bangladesh Industrial Finance Company Limited (BIFC), saying the company's financial indicators have suffered a serious setback.A qualified opinion is a statement issued after an audit is completed by a professional auditor, suggesting that the information provided is limited...

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Exim Bank holds BAMLCO Confce

The Exim Bank held BAMLCO Conference 2019 on 'Prevention of money laundering, terrorist financing and trade-based money laundering' at its head office in the city on Saturday, with Head of BFIU Abu Hena Mohd. Razee Hassan as the chief guest, says a statement. Managing Director and CEO of Exim Bank...

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BRAC Bank posts steady growth in net profit

BRAC Bank, a leading commercial bank in the country, has witnessed a steady growth in net profit over the past five years, driven by 'responsible' and 'compliant' operations.The bank reported its consolidated net profit of over Tk 5.67 billion for the year ending on December 31, 2018, up 3.13 per...

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Modhumoti Bank business conference

Modhumoti Bank Limited held its Half Yearly Business Conference 2019 at Spectra Convention Centre in the city on Saturday, said a statement. Humayun Kabir, Chairman of the Board of Directors of the bank, inaugurated the event as the chief guest. Shaikh Salahuddin MP, Vice-Chairman of the Board of Directors of...

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NRBC Bank declares 11pc stock dividend

The sixth annual general meeting (AGM) of NRB Commercial Bank Limited was held on Saturday. SM Parvez Tamal, Chairman of the bank, presided over the meeting at the boardroom of the bank at Gulshan in the city. The bank has declared 11 per cent stock dividend for the year 2018....

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Energypac partners with eGeneration for SAP ERP solutions

Energypac, a power engineering company, has signed an agreement with eGeneration Limited, an IT consulting and software solutions company, for SAP ERP solutions, says a statement. SAP is especially well-known for its Enterprise Resource Planning (ERP) and data management programmes. eGeneration is most prominent Partner of SAP in Bangladesh. Humayun...

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Workshop on new VAT Act in Ctg

Chattogram Branch Council of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a daylong workshop on 'New VAT Act and its implementation' at Ambrosia in Agrabad of the port city on Friday, says a statement.Moazzam Haider, Chairman, Chattogram Branch Council (CBC), presided over the workshop. Speaking at...

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