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

Reckitt posts higher annual profit, trims dividend, sees Q1 slide

Reckitt Benckiser (Bangladesh) secured an 8.64 per cent year-on-year growth in profit to Tk 817 million in 2025, supported by higher sales and a sharp decline in finance costs.Earnings per share (EPS) of the UK-based multinational firm that sells health and hygiene-related products jumped to Tk 172.93 in 2025 from...

MTB SIGNS MOU WITH ASCENT HEALTH TO PROVIDE HEALTHCARE BENEFITS -

MTB SIGNS MOU WITH ASCENT HEALTH TO PROVIDE HEALTHCARE BENEFITS MTB signed a memorandum of understanding (MoU) with Ascent Health at MTB Tower, Dhaka, on April 8 to provide its debit, credit, and prepaid cardholders an exclusive 25 per cent discount on pathological tests. Ascent Health is an international-standard healthcare...

Eastern Housing profit up 6.4pc

Listed real estate company Eastern Housing Limited (EHL) reported a moderate growth of 6.36 per cent in profit for the third quarter of FY26 to Tk 181.25 million.However, its operating cash flow turned sharply negative due to higher investment in land inventory.The company’s earnings per share (EPS) rose to Tk...

Renata drives Q3 earnings growth on debt overhaul, cost discipline

FE REPORTRenata's profit surged 33 per cent year-on-year to Tk 0.78 billion in the third quarter to March, driven mainly by a sharp fall in finance costs following major capital restructuring exercises.An increase in revenue also contributed to the business performance."We have been able to grow our revenue while simultaneously...

SOUTHEAST BANK, NSU LAUNCH VISA BRANDED STUDENT CARD CAMPAIGN

SOUTHEAST BANK, NSU LAUNCH VISA BRANDED STUDENT CARD CAMPAIGNSoutheast Bank and North South University have officially launched an exclusive VISA branded student credit and prepaid card at the NSU campus in Bashundhara, Dhaka recently. The inauguration ceremony was attended by M. A. Kashem, chairman of Southeast Bank, Rehana Rahman, vice...

United Power profit falls 35pc on lower sales, higher finance costs-

United Power Generation & Distribution Company reported a steep 35 per cent year-on-year plunge in profit in the third quarter of FY26 due to lower electricity sales and higher finance costs.The power producer's consolidated profit declined to Tk 2.76 billion in the January-March quarter this year from Tk 4.24 billion...

Mohammad Ziaul Hasan Molla promoted to AMD of Bank Asia

Bank Asia PLC has promoted Mohammad Ziaul Hasan Molla to the position of Additional Managing Director (AMD) in recognition of his significant contributions and long-standing service to the bank.Mr. Molla, who has served as Deputy Managing Director since 2018, will continue to hold key responsibilities including Chief Credit Officer (CCO),...

Abdullah Al-Mamun joins Shahjalal Islami Bank as AMD

Md. Abdullah Al-Mamun joined Shahjalal Islami Bank as additional managing director (AMD) on Tuesday (April 28). Prior to joining the bank, he served as the deputy managing director at Al-Arafah Islami Bank (AIB), according to a press release.The banker hailing from Jamalpur obtained his graduate and postgraduate degree from Dhaka...

City Bank reports 162pc profit growth in Q1

City Bank reported 162 per cent profit growth in Q1, 2026, demonstrating sustained growth across key areas compared to the same period of the previous year, according to a press release. The bank's profit after tax stood at Tk 2.41 billion, compared to Tk 0.92 billion in Q1, 2025. This...

CAPM IBBL Islamic Mutual Fund holds trustee meting

The Board of Trustees of CAPM IBBL Islamic Mutual Fund held a meeting on Thursday.The meeting approved the accounts and unaudited report of CAPM IBBL Islamic Mutual Fund for the 3rd quarter that ended on March 31, 2026, says a press statement. The total NAV of CAPM IBBL Islamic Mutual...

MODHUMOTI BANK HOLDS 95TH BOARD MEETING -

MODHUMOTI BANK HOLDS 95TH BOARD MEETING The 95th meeting of the Board of Directors of Modhumoti Bank PLC was held at the bank's Head Office in Dhaka on Wednesday. The meeting was presided over by Chairman of the Board of Directors Humayun Kabir. Board Members Salahuddin Alamgir, Mostafa Kamal, Mohammad...

JANATA BANK HOLDS 883RD BOARD MEETING -

JANATA BANK HOLDS 883RD BOARD MEETING The 883rd board meeting of Janata Bank PLC was held on Tuesday, with the bank's Board Chairman Md Fazlur Rahman in the chair. Directors Badre Munir Ferdous, Dr Md Abdus Sabur, Abdul Majid Sheikh, Dr Md Shahadat Hossain, Md Ahsan Kabir, and Professor Dr...

AL-ARAFAH ISLAMI BANK HOLDS 457TH BOARD MEETING -

AL-ARAFAH ISLAMI BANK HOLDS 457TH BOARD MEETING The 457th Board meeting of Al-Arafah Islami Bank PLC was held at the bank's Head Office on Thursday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions...