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Govt asks state-owned banks, DFIs to expedite loan disbursement

FE DESKThe government has asked the state-owned commercial banks and development finance institutions (DFIs) to complete the disbursement of loans, declared under the Prime Minister-announced incentive package for CMSME (cottage, micro, small and medium enterprises) sector.A directive was given by Mohd Asadul Islam, senior secretary of Financial Institutions of Ministry...

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ICSB holds 10th AGM

The 10th Annual General Meeting (AGM) of the Institute of Chartered Secretaries of Bangladesh (ICSB) was held on Saturday on virtual platform. Mr. Muzaffar Ahmed FCMA, FCS, President of the Institute presided over the meeting and tabled the Council Report of the Institute. Mr. Salim Ahmed FCS, Treasurer of the...

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EBL launches UnionPay debit and prepaid cards

Eastern Bank Limited (EBL) has launched the country's first Dual Currency UnionPay Debit Card and Prepaid Card. Cardholders can endorse up to USD 12,000 yearly travel quota limit to the newly launched cards. These dual currency cards are accepted both locally and internationally and are good for e-commerce transactions as...

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Nitol Insurance price jumps 84 per cent in two weeks

Share prices of listed insurance companies continued to soar with eight of the top 10 in the gainers' list coming from the insurance sector last week.The share price of Nitol Insurance jumped 84 per cent or Tk 30.70 each in the just two weeks to close at Tk 67.20 on...

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3 models of Lifan introduced

Rasel Industries Limited (RIL), the pioneer of two-wheeler assembler and distributor in Bangladesh, has introduced 3 exciting models of Lifan K19, Lifan X-Pect and KPT (Dual Channel ABS). Abser Rasel, chairman of Rasel Industries Limited said, "The newest member in Lifan series has been on the wish list of Bangladeshi...

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