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

Regulator moves to convert discounted closed-end funds into open-ended schemes

The securities regulator has issued an order to convert deeply discounted closed-end funds into open-ended structures, subject to unitholders' approval, with the transition process set to begin on May 12.The order aligns with the newly enacted Bangladesh Securities and Exchange Commission (Mutual Fund) Rules, 2025, which came into effect on...

Premier Bank secures Tk 11.44b in fresh deposits in 26 workdays

The Premier Bank has mobilised Tk 11.44 billion in fresh deposits within 26 working days since April 1 this year under its "Deposit & Recovery Campaign 2026", according to a press release. The bank also reported around Tk 5,23 billion in cash recovery between January and April 2026.The performance was...

Robi logs record quarterly profit on strong data revenue

Robi Axiata reported a record quarterly profit of Tk 2.32 billion in the January-March period this year, supported by strong revenue growth and disciplined cost management despite a challenging business environment.The second-largest telecom operator's first-quarter profit surged 86 per cent in the March quarter this year compared to the same...

UCB, IVY DECARB MARKETPLACE SL SIGN MOU TO SUPPORT DECARBONISATION EFFORTS

UCB, IVY DECARB MARKETPLACE SL SIGN MOU TO SUPPORT DECARBONISATION EFFORTSUnited Commercial Bank (UCB) signed a memorandum of understanding (MoU) with IVY Decarb Marketplace SL (IVY) under the theme, "Partnering for a Sustainable NZCE (Net Zero Carbon Emission) Future." The partnership marks a significant step toward promoting sustainable business practices...

Global debt hits record of near $353 trillion, with signs of move away from US

LONDON, May 6 (Reuters): Investors are showing signs of diversifying away from US Treasuries as global debt levels hit a record of nearly $353 trillion by end-March, a report by the Institute of International Finance published on Wednesday found.IIF's quarterly Global Debt Monitor said that strengthening international demand for Japanese...

JANATA BANK HOLDS BAMLCO CONFERENCE

JANATA BANK HOLDS BAMLCO CONFERENCE Janata Bank PLC held a virtual conference of Branch Anti-Money Laundering Compliance Officers (BAMLCO) recently, with the bank's Managing Director Md Mazibur Rahman as the chief guest. General Manager and Chief Anti-Money Laundering Compliance Officer Mohammad Safayet Hossain chaired the event. Joint Director of Bangladesh...