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MJL Bangladesh continues 'remarkable growth'

The earnings per share (EPS) of MJL Bangladesh has declined moderately for January-March, 2019 period compared to the corresponding period of the previous year due to currency 'devaluation' while importing raw materials.MJL Bangladesh, country's largest lubricant company displayed steady growths in financial indicators including the EPS during last five fiscal...

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Mercantile Bank, Provita ink deal

Mercantile Bank Limited recently signed an agreement with Provita Group regarding collection of funds from countrywide distributors of Provita Group through 'MYCash' Mobile financial services platform of Mercantile Bank Limited. The agreement was signed by Md. Rafiqul Hoque Bhuiyan, SEVP & Head of Mobile Banking Division of the Bank and...

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Syed Mahbubur Rahman (2nd from left-sitting), Managing Director & CEO of Dhaka Bank Ltd,

Syed Mahbubur Rahman (2nd from left-sitting), Managing Director & CEO of Dhaka Bank Ltd, and Abu Hena Humayun Kabir, DGM, Bangladesh Bank, seen in an event where Dhaka Bank Limited inked a MoU with E-Valy

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Padma Bank launches new deposit scheme

Padma Bank Limited has launched one of the most lucrative deposit schemes in the country's banking history. Under this term deposit plan, a client will see his/her deposit see a three-fold hike if he/she keeps the money in any branch of the bank for nine years, said a statement.In addition,...

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Two FIs recommend lower dividend

The amount of dividends recommended by two financial institutions declined for the year ended on December 31, 2018 compared to previous year. The companies are FAS Finance & Investments and Uttara Finance and Investments. In last week, FAS Finance & Investments has recommended 5.0 per cent stock dividend for the...

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Indenting agents seek withdrawal of 15pc VAT

A delegation of Bangladesh Indenting Agents' Association (BIAA), led by its president Adv. Rafiqul Islam Masum met Planning Minister Mr. Abdul Mannan, MP recently in the Planning Division Office at Sher-E-Bangla Nagar, Dhaka. The BIAA leaders informed the Minister that indentors have already been receiving Export Registration Certificate (ERC) issued...

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Kazi Towhidul Alam, Additional Managing Director of Social Islami Bank Limited

Kazi Towhidul Alam, Additional Managing Director of Social Islami Bank Limited (SIBL), inaugurating an ATM Booth of the bank at Fatullah, Narayangonj recently

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BRAC Bank credit card customers to enjoy cashback at Robi's Bd tickets, Busbd

BRAC Bank Limited and Robi Axiata Limited have signed an agreement to provide special privilege to the bank's customers on online ticket purchase, said a statement. Under the agreement, all BRAC Bank credit cardholders will enjoy 10% cashback (up to BDT 1,000) on bus and launch tickets at www.bdtickets.com and...

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