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

FY'18 witnesses increased issuance of stock dividend

FE ReportSome 148 companies listed with the Dhaka Stock Exchange (DSE) have increased their paid-up capital through issuing stock dividend worth over Tk 42.77 billion in the outgoing fiscal year (FY) 2017-18. The amount would be 125 per cent higher than the previous FY.The companies issued 4.27 billion bonus shares...

Southeast Bank approves 15pc stock dividend

The 23rd annual general meeting (AGM) of Southeast Bank Ltd. today approved 15 per cent stock dividend for the year 2017.Chairman of the bank Alamgir Kabir, FCA presided over the meeting in the capital, attended by directors, sponsors and shareholders, according to a statement. Managing Director M. Kamal Hossain in...

Woori Bank MD arrives today

Kyong Hoon Park, Managing Director (MD) of Seoul-based Woori Bank, is scheduled to arrive in Dhaka today (Sunday) on a day-long visit. This is the first visit of such top official of the bank to Bangladesh, said an official of the bank in Dhaka. Woori Bank's operations in the country...

DSE mobile app getting popularity among investors

FE Report The number of active users of DSE mobile application rose significantly in the outgoing fiscal year (FY), following the investors' increased interest in the app.The number stood at 31,270 in FY 2017-18, which is 108.46 per cent higher than that of the previous FY. It was 15,048 as...

MIDAS Financing holds 22nd AGM

The 22nd annual general meeting (AGM) of MIDAS Financing Limited (MFL) was held in the city recently, according to a statement. The meeting was presided over by Rokia Afzal Rahman, chairman of the board of directors. Members of the board Abdul Karim, M. Hafizuddin Khan, Ali Imam Majumder, Mohammed Nasir...

Federal Ins approves 5.0pc stock dividend

Federal Insurance Company Limited approved 5.0 per cent stock dividend at its 30th annual general meeting in the city recently, according to a statement. Enamul Hoq, chairman of the company, presided over the meeting. Vice Chairman Elias Siddiquee, Executive Committee Chairman Md. Abdul Khaleque, Claims Committee Chairman Sabirul Hoque, Audit...

Mercantile Ins approves l0pc cash dividend

Mercantile Insurance Company Limited approved l0 per cent cash dividend at the 22nd annual general meeting (AGM) of the company in the city recently, according to a statement.Chairman of the company M Kamal Uddin, Vice-Chairman Dr. Md. Mizanur Rahman, Executive Committee Chairman Md Nurul Amin, Audit Committee Chairman Md. Shah...

Chairman of First Finance Limited Miah Nuruddin Ahmad and Managing Director

Chairman of First Finance Limited Miah Nuruddin Ahmad and Managing Director Md. Nazrul Hossain cutting a cake along with other senior executives and officials to celebrate the company's 25th anniversary at its head office recently

DSE News in Brief (1-7-2018)

DSE NEWSDisbursement of dividendCity General Insurance Co. Ltd.: The company has informed that it has credited the bonus shares for the year ended on December 31, 2017 to the respective shareholders' BO accounts on June 28, 2018.Category changeUnion Capital Ltd.: Union Capital Ltd. will be placed in "B" category from...