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

First Security Islami Bank reveals true financial health

First Security Islami Bank has shocked its stakeholders by revealing a staggering loss of Tk 575.8 billion for the first nine months of 2025, significantly increasing the losses previously reported for the same period. This revision follows a directive from Bangladesh Bank, which has raised concerns about the bank's financial...

Large-caps drive volatility in struggling stock market

The wobbling equity market has experienced heightened volatility over the past three weeks, driven primarily by significant price erosion among market leaders, including Grameenphone. A combination of factors, including a decline in foreign portfolio investments, concerns over the viability of several financial institutions, and fresh political unrest, has led to...

BD’s capital market missing from global investment discourse

Bangladesh remains largely absent from global and regional discussions on capital markets and investment, former Bangladesh Bank governor Dr Mohammed Farashuddin said on Saturday.He noted that stock markets in cities such as Karachi, Lahore, Mumbai, Bangkok and Colombo -- and even Bhutan -- are regularly featured in international forums, while...

Monzur Mofiz new Managing Director (CC) of Premier Bank

Md Monzur Mofiz has been appointed as Additional Managing Director (AMD) of The Premier Bank PLC and has subsequently been entrusted with the responsibility of Managing Director (Current Charge), effective from December 14, says a press statement.A veteran banker with nearly 32 years of experience, Monzur Mofiz started off his...

MTB disburses loan to tribal farmers

Mutual Trust Bank PLC (MTB) has recently disbursed loan to 55 tribal farmers at Modhupur, Tangail, a landmark initiative aimed at strengthening financial inclusion, promoting sustainable agriculture and enhancing socio-economic development of indigenous community. The farmers were given loan at 7% interest rate under the Bangladesh Bank's refinance scheme for...

Kick-off Conference of OCAG and NIK held

The Kick-off Conference of the Twinning Project titled "Strategic Partnership of the Office of the Comptroller and Auditor General (OCAG), Bangladesh and the Supreme Audit Institution Najwyzsza Izba Kontroli (NIK), Poland" was held at a city hotel recently, says a press release.The conference was attended by Comptroller and Auditor General...

Interim govt formulated BD’s best labour law ever: Adviser Sakhawat

Labour and Employment Adviser Brig Gen (Retd) M Sakhawat Hussain said on Sunday the labour law enacted under the interim government is the best Bangladesh has ever had, compared to all previous labour laws in the country's history, reports UNB."Considering all labour laws in Bangladesh's history, it was not possible...

Symphony Mobile's 70th Customer Care Centre now in Noakhali

Local mobile phone brand Symphony Mobile has recently opened its 70th Customer Care Centre in Maijdee, Noakhali recently, says a press release. FM Abdul Hafiz, Senior Director of Symphony Mobile inaugurated the Customer Care Centre as the chief guest. Murad Chowdhury, Director of Strategic HR of Symphony Mobile, Mir Sakirul...

Mongolian non-resident envoy meets BGMEA leaders for boosting bilateral trade

Mongolian non-resident Ambassador Ganbold Dambajav met leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in Dhaka on Sunday to explore opportunities for boosting bilateral trade, investment and broader economic cooperation between the two countries, reports BSS.The meeting was held at the BGMEA Complex in Uttara, where both sides...

Govt addresses challenges of shipbreaking industry

CHATTOGRAM, Dec 14: Secretary of the Ministry of Industries Mohammad Obaidur Rahman said the government is working to resolve the longstanding challenges faced by the shipbreaking industry through policy support and capacity-building initiatives.He made the remarks while inaugurating the office of the Bangladesh Ship Recycling Board (BSRB) in Chattogram as...

BRAC BANK'S KISHOREGANJ SME/KRISHI BRANCH RELOCATED

BRAC Bank has relocated its Kishoreganj SME/Krishi Branch to a larger and more modern facility, offering customers greater convenience and enhanced banking amenities. Situated at Hossendi Trade Centre on Shahab Uddin Mosque Road in Kishoreganj, the new premises feature state-of-the-art facilities designed to deliver a superior banking experience. Syed Abdul...

PUBALI BANK OPENS 515TH BRANCH IN TEKNAF

Pubali Bank PLC has inaugurated its 515th branch in Teknaf, Cox's Bazar, on Sunday with a view to providing modern banking service. Mohammad Ali, Managing Director & CEO of Pubali Bank, formally inaugurated the branch as the chief guest. Md. Shahnewaz Khan, Deputy Managing Director; Mohammad Abdur Rahim, General Manager...

CUSTOMER AWARENESS WEEK BEGINS IN COX'S BAZAR

Customer Awareness Week, Chattogram-2025, organised by the Financial Integrity and Customer Services Department of Bangladesh Bank in association with Bank Asia PLC, began in Cox's Bazar on Friday, aiming to raise awareness about banking services. Executive Director of Bangladesh Bank Md. Niamul Kabir attended the inaugural ceremony as the chief...

Olympic Industries holds 46th AGM

The 46th annual general meeting (AGM) of Olympic Industries PLC was held on a digital platform on Thursday. Chairman of the company Aziz Mohammad Bhai presided over the meeting. The AGM approved a 30 per cent cash dividend for the shareholders and considered retirement by rotation and re-appointment of three...

Google faces EU fine next year for favouring own services

Alphabet's Google is expected to be fined by EU antitrust regulators next year for not doing enough to comply with EU rules against favouring its own services and products in search results, people familiar with the matter said, reports Reuters.A penalty against Google will likely rile the United States, which...