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

Sonali Bank improves its asset quality notably

Riding on massive recovery drives across the country, the state-owned Sonali Bank PLC made a significant stride in improving its asset quality in 2025 calendar year.Sharing the key financials of the bank at a media briefing at its headquarters on Tuesday, the bank's Managing Director and Chief Executive Officer Md....

ICC BANGLADESH HOLDS WORKSHOP IN CHATTOGRAM

ICC Bangladesh organised a daylong workshop on 'Legal and Compliance Perspectives under Documentary Credits' in Chattogram recently. ICCB Secretary General Ataur Rahman inaugurated the workshop and distributed certificates among the participants while A T M Nesarul Hoque, Executive Vice President of Mutual Trust Bank, conducted the workshop. A total of...

Classified loans down 3.45pc, profits up 2.52pc

Bangladesh House Building Finance Corporation (BHBFC) recorded a notable turnaround in the 2024-25 fiscal year as its classified loans declined to a historic low of 3.45 per cent, while profits rose by 2.52 per cent. This reflected improved operational efficiency and prudent financial management.The classified loans were 3.96 per cent...

Sustainable blue economy needs investment, technology

The Northeast Indian Ocean Regional Dialogue on Sustainable Blue Economy, Connectivity, and Resilience for Small Island Developing States (SIDS) formally commenced at the Pan Pacific Sonargaon Hotel, Dhaka, on Tuesday.Jointly organised by the Sasakawa Peace Foundation (Japan), the Maheshkhali Integrated Development Authority (MIDA) and Peace and Policy Solutions (Bangladesh), the...

BB promotes Mustafizur Rahman to Director

Bangladesh Bank (BB) has recently promoted Muhammad Mustafizur Rahman to the position of Director, recognising his professional competence, dedication, and significant contributions to the organisation.Prior to this promotion, Mr. Rahman served as an Additional Director in the SME and Special Programs Department. His career spans diverse roles, including serving as...

BRAC Bank distributes winter clothes across Bangladesh

BRAC Bank has distributed more than 62,000 pieces of winter clothes nationwide to support marginalised communities affected by extreme cold.As part of the initiative, the bank provided 13,000 blankets through the Chief Advisor's Welfare Fund and the Chattogram City Corporation, ensuring timely support for vulnerable communities in urban and semi-urban...

Restaurant sector reels under LPG gas shortages, says BROA

The country's restaurant sector is facing a severe crisis due to energy shortages, persistently high inflation, harassment in the name of trade unions, overlapping regulatory controls, and the unchecked expansion of illegal street food businesses, the Bangladesh Restaurant Owners Association (BROA) said on Tuesday.Speaking at a press conference at the...

AGRANI BANK HOLDS 1000TH BOARD MEETING

Agrani Bank PLC held the 1000th meeting of its Board of Directors at the boardroom of the bank's Head Office on Tuesday. The meeting was presided over by Syed Abu Naser Bukhtear Ahmed, Chairman of the Board of Directors of Agrani Bank. Directors Dr Md Fazlul Hoque, Kabirul Ezdani Khan,...

Zaber & Zubair displays spring-summer '27 collection

Zaber & Zubair Fabrics Limited, a global leader in sustainable and innovative textile solutions, has started the 17th edition of its signature Fabric Week, showcasing its innovation and product development for the upcoming Spring-Summer 2027 season.The six-day expo began on Tuesday morning at the company's Design Studio in the capital's...