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

H1 results reveal banks' bare bones

IFIC Bank's balance sheet looked solid, showing no signs of worry from 2010 through the political transition in August last year. The lender, which had not sustained losses for more than 15 years, suddenly reported a loss of Tk 11.28 billion for the six months through June this year. The...

Turnover 11-month high on enthusiasm over blue-chip scrips

FE ReportThe Dhaka Stock Exchange (DSE) on Thursday experienced a turnover of more than Tk 10 billion after 11 months. It was 43 per cent up from the previous session to Tk 10.63 billion. Market operators said a declining trend in interest rates and increased optimism over upcoming national elections...

CITY BANK'S EARNINGS DISCLOSED

City Bank on Thursday organised its earnings disclosure webcast to present its Q2, 2025 financial performances. The bank's consolidated earnings per share were recorded at Tk 2.23 for H1 that ended in June, which was Tk 1.85 in the same period last year. Md. Mahbubur Rahman, acting managing director &...

PRIME BANK ORGANISES SME CLUSTER FINANCING AWARENESS PROGRAMME

PRIME BANK ORGANISES SME CLUSTER FINANCING AWARENESS PROGRAMME Prime Bank organised a SME cluster financing awareness programme at the SME garment cluster in Saidpur, Nilphamari. Nawshad Mustafa, director, SMESPD, Bangladesh Bank, was present as the chief guest, while M. Nazeem A. Choudhury, deputy managing director of Prime Bank, presided over...

UCB HOLDS 42ND ANNUAL GENERAL MEETING

United Commercial Bank (UCB) successfully held its 42nd annual general meeting yesterday (Thursday) at the Kurmitola Golf Club in the capital, with a notable turnout of esteemed shareholders. The meeting was presided over by Mr. Sharif Zahir, chairman of UCB's board of directors. Also present were Md. Shazzad Hossoin, independent...

India vows to protect farmers as Trump's 25pc tariff threat sparks opposition fury

NEW DELHI, July 31 (Reuters): India vowed on Thursday to protect its labour-intensive agriculture sector, a central sticking point in bogged-down trade talks with the US, as Washington threatened 25 per cent tariffs, triggering outrage from the opposition and a slump in the rupee.Without a deal, the rate will go...

MTB HOLDS HALF-YEARLY BUSINESS REVIEW MEETING

Mutual Trust Bank (MTB) successfully hosted its 2025 Half-Yearly Business Review Meeting at the Samson H. Chowdhury Auditorium in MTB Tower, 111 Kazi Nazrul Islam Avenue, Dhaka. The event was inaugurated by Syed Mahbubur Rahman, MTB's managing director & CEO. The programme was attended by members of the senior management...

Big central bank rate cuts slow, tariffs and politics in focus

LONDON, July 31 (Reuters): The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the US Federal Reserve stays cautious about tariff-driven inflation and investors watch to see whether Britain speeds up from here.The Fed struck a hawkish tone on...

Practical relevance to guide tech adoption: Adviser

Fisheries and Livestock Adviser Farida Akhter said on Thursday when there is frequent discussion on smart climate technologies and eco-friendly innovations, it is crucial to assess whether these are practically suitable for Bangladesh’s fisherfolk and coastal communities, reports BSS. For that reason, she stressed the need for evaluating the real-world...

ESG Bootcamp drives Bangladesh toward global sustainability

A two-day ESG Bootcamp was recently held in Bangladesh, focusing on ESG (Environmental, Social, and Governance) transformation in response to the growing pressure for sustainable practices and responsible governance in corporate ecosystems. Organised by the ESG Institute Bangladesh, the event convened over 100 high-level professionals, including C-suite executives, senior directors,...

PPPA conducts training for public agencies

The Public-Private Partnership Authority (PPPA) has successfully organised a two-day basic training programme at its Agargaon office in Dhaka to enhance capacity on PPP concepts, modalities and project development.The training that began on Wednesday was inaugurated by Chief Executive Officer (Secretary) of PPPA Muhammad Rafiqul Islam as the chief guest....

Sohail joins Novoair as director of Sales & Marketing

Sohail Majid has joined Novoair, a private airlines in Bangladesh, as the director of Sales and Marketing. "Mr Majid held senior leadership roles in several renowned airlines and prominent online travel agencies, both locally and internationally," said a press release.He has over two decades of experience in the aviation and...

KARMASANGSTHAN BANK HOSTS ENTREPRENEURSHIP DEVELOPMENT TRAINING

KARMASANGSTHAN BANK HOSTS ENTREPRENEURSHIP DEVELOPMENT TRAININGAn Entrepreneurship Development Training programme, organised by the Loan and Advance Department of Karmasangsthan Bank, was held at the Upazila Livestock Office and Veterinary Hospital in Gouripur, Mymensingh, on Thursday. Arun Kumar Chowdhury, Managing Director of Karmasangsthan Bank, inaugurated the event as the chief guest....

Rupali Insurance holds 37th AGM

The 37th Annual General Meeting (AGM) of Rupali Insurance Company Limited was held recently. Mostafa Quamrus Sobhan, chairman of the company, presided over the AGM, which was held virtually from Rupali Bima Bhaban in the capital. The meeting was attended by Directors Fazlutun Nessa, Shafia Sobhan Chowdhury, Abu Hena, S...

Bangladesh Development Bank holds 15th AGM

The 15th Annual General Meeting (AGM) of Bangladesh Development Bank PLC was held at the Boardroom of the bank on Thursday. Chairman of the bank Ahmed Ismet presided over the meeting, while Managing Director and CEO Md. Jashim Uddin presented the Annual Report 2024. Mohammad Helal Uddin, Joint Secretary, Financial...