Finance News: Latest Financial News, Finance News today in Bangladesh

DSEX dips below 5,800-mark as banking shares plunge

Stocks witnessed sharp fall Monday with the key index of the Dhaka Stock Exchange (DSE) dipping below 5,800-mark as investors went on selling spree, especially banking issues.Market operators said the investors went on selling binge as quarterly earnings of some large-cap companies failed to meet investors' expectations. They said the...

Mercantile Bank AGM approves 22pc dividend

The 19th Annual General Meeting of Mercantile Bank Ltd was held at FARS Hotel & Resorts in the city Monday, said a statement.The AGM approved 22 per cent dividend (17 per cent cash and 5.0 per cent stock) for the shareholders.The AGM was presided over by A.K.M. Shaheed Reza, Chairman...

Nine more listed cos recommend dividends

The board of directors of nine more listed companies, including three banks, have recommended dividend for the year ended on December 31, 2017.Of them, only three recommended higher dividends than that of the previous year, two lower and four others similar to previous year, according to separate official disclosures posted...

SIBL opens 70th agent banking unit at Dinajpur

Social Islami Bank Limited (SIBL) opened its 70th agent banking unit at Birampur, Dinajpur on Monday, according to a statement. Zafar Alam, Deputy Managing Director of the bank, formally inaugurated the Agent Banking Unit as the chief guest. The programme was presided over by Abdul Aziz Sarkar, former Chairman of...

CIS-BCCI holds 4th AGM

The 4th annual general meeting (AGM) of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) was held at GuIshan Club in the city recently, according to a statement.CIS-BCCI President Habib Ullah Dawn briefed the chamber's activities in the past year and explained the future plan. He also presented...

DSE/CSE News in Brief (1-5-2018)

DSE NEWSBoard meetingsIslamic Finance and Investment Limited: A board meeting of the company will be held on May 09, 2018 at 3:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on March 31, 2018.Global Insurance Company Ltd.: A meeting of...

News Briefs--(1-5-2018)

Bata Shoe recommends 335pc dividend Bata Shoe Company (Bangladesh) Limited has recommended 105 per cent final cash dividend in addition to 230 per cent interim cash dividend declared earlier and paid in December 2017, thus making a total 335 per cent cash dividend for the year ended on December 31,...