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

Nullified shares complicate lien-backed loans after merger, liquidation

Shareholders of the merged banks and non-bank financial institutions (NBFIs) slated for liquidation may have taken loans against their shareholdings by placing those shares under lien. Regulatory bodies are now pondering solutions to this issue, along with several others feared to arise in the aftermath of the ongoing financial sector...

Bangladesh's telecom sector 'designed to fail'

Grameenphone Chief Executive Officer Yasir Azman has issued a blunt warning that Bangladesh's telecommunications sector is becoming commercially unviable due to excessive taxation, unresolved audit disputes and restrictive regulation, saying the overall environment is "designed to fail".In an interview with The Financial Express recently, Mr Azman said the industry remains...

Lovello Ice-cream's profit up 107pc in Q2

Listed ice-cream producer Taufika Foods and Lovello Ice-cream experienced a 107.14 per cent increase in profit in the second quarter of FY26 to Tk 113.88 million, as sales increased significantly compared to the same quarter of the previous year.In the second quarter (October-December) of FY25, the company's profit was only...

BRAC Bank accelerates loan recovery through real-time digital litigation tools

BRAC Bank has strengthened its loan recovery drive by equipping frontline officials with an advanced digital tab integrated with a mobile litigation management system (LMS), enabling real-time access to lawsuit information at the field level.The initiative is designed to accelerate recovery efforts by providing instant court updates, improving case tracking...

MODHUMOTI BANK OPENS BARLEKHA BRANCH

Modhumoti Bank inaugurated its Barlekha branch at Haji Nizam Uddin Complex in South Bazar area under Barlekha upazila, Moulvibazar, on Sunday. Md. Shafiul Azam, managing director & CEO of the bank, inaugurated the branch as chief guest. Shahnawaj Chowdhury, additional managing director, and Arab Fazlur Rahman, deputy managing director and...

ISLAMI BANK HOLDS SUB-BRANCH BUSINESS DEVELOPMENT CONFERENCE

Islami Bank Bangladesh organised a business development conference for its sub-branches on Saturday at Hotel Intercontinental, Dhaka. Professor Dr. M. Zubaidur Rahman, chairman of the board of directors of the bank, attended the closing programme as chief guest. Md. Omar Faruk Khan, managing director of the bank, presided over the...

Netflix, Warner Bros bonds among $100m purchased by Trump

WASHINGTON, Jan 18 (Reuters): US President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in Netflix and Warner Bros Discovery bonds just weeks after the companies announced their merger.Financial disclosures posted Thursday and...

AL-ARAFAH ISLAMI BANK HOLDS 450TH BOARD MEETING

The 450th board meeting of Al-Arafah Islami Bank PLC was held at the bank's head office on Sunday. Chairman of the board of directors Khwaja Shahriar presided over the meeting. Directors of the bank Md. Abdul Wadud, Prof. Dr. Mohammed Abu Eusuf, Mohammad Asraful Hassan FCA, Managing Director and CEO...

ANNUAL BRANCH MANAGERS’ CONFCE OF UNION INS HELD

Annual Branch Managers’ Conference-2026 of Union Insurance Co. Ltd. was held at Hotel InterContinental, Dhaka on Saturday. The conference was presided over by Chief Executive Officer Talukder Md. Zakaria Hossain. Chairman of the company Mohammed Hasmot Ali was present in the meeting as the chief guest. Chairman of Executive Committee...

Investors bank on US earnings strength as policy noise grows louder

NEW YORK, Jan 18 (Reuters): Investors will be counting on a strong corporate earnings season to keep the US stock market rally intact as they digest a wave of domestic policy proposals and heightened geopolitical tensions to start the year.After banks and other financial firms kicked off fourth-quarter reports, a...

Global bond index snub raises odds of RBI adding to record India debt buying, investors say

MUMBAI, Jan 18 (Reuters): The delay in including Indian bonds in a key global index has raised the chances of the central bank extending its record government debt buying, seeking to cushion the market from weaker foreign inflows and rising yields, according to investors.On Tuesday, Bloomberg Index Services deferred the...

FTSE 100 little changed on day, logs strong weekly gains

London's benchmark stock index was largely unchanged on Friday after a record close the previous day, but it notched up a weekly gain thanks to strong earnings for financials, upbeat data, and strength in resource-linked shares, reports Reuters.The blue?chip FTSE 100 slipped 0.04 per cent to 10,235.29 points, while ending...