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

Tight money policy clouds near-term equity outlook but offers medium-term hope

Bangladesh's capital market is expected to remain on a mixed trajectory in the near term as the central bank's tight monetary policy continues to delay a broad-based liquidity recovery.Persistently high interest rates will continue to divert funds towards fixed-income instruments and weigh on corporate earnings, limiting the scope for a...

BSEC allows open-ended funds to reinvest profits, hands market control back to bourses

The securities commission has decided to allow open-ended mutual funds (MFs) to reinvest profits instead of distributing dividends, subject to approval from trustees.The decision was taken at a meeting on Wednesday at the office of the Bangladesh Securities and Exchange Commission (BSEC).The reinvestment is not mandatory. If an asset manager...

FY27 budget measures to help boost capital market: ICB

The Investment Corporation of Bangladesh (ICB) has welcomed a series of capital market-friendly measures announced in the FY2026-27 national budget, saying the initiatives are expected to strengthen investor confidence and support the long-term development of the country's stock market.In a statement on Tuesday, the state-owned investment institution expressed appreciation for...

Bengal Commercial Bank appoints KM Awlad Hossain as new MD

K. M. Awlad Hossain has been appointed as the managing director (MD) of Bengal Commercial Bank with effect from Thursday, according to a press release.Earlier, he served as the additional managing director and chief business officer (CBO) of the bank. He joined Bengal Commercial Bank in 2021 as deputy managing...

BB, DBBL HOSTS 'BANGLA QR MELA'

Bangladesh Bank (BB) with the support from Dutch-Bangla Bank organised a day-long campaign named 'Bangla QR Mela' at BB premises recently to promote digital payment system in Bangladesh and encourage BB officials and employees to adopt QR-based transactions. Bangladesh Bank Deputy Governor Nurun Nahar inaugurated the campaign. Deputy governors Dr....

MODHUMOTI BANK LAUNCHES BANGLA QR PAYMENT SERVICES

Modhumoti Bank and Smart Technologies (BD) signed a memorandum of understanding to officially launch bangla QR-based payment services, enabling customers to make secure and convenient digital payments across the showrooms and dealership points of Smart Technologies. The ceremony was held at the bank's head office on Tuesday. The "Bangla QR...

PRIME BANK LAUNCHES MONTH-LONG EDP IN NATORE

Prime Bank has recently inaugurated a month-long entrepreneurship development programme (EDP) in Natore to enhance the capacity of small and medium entrepreneurs and promote inclusive economic growth. The training programme is being conducted under the Skills for Industry Competitiveness and Innovation Program (SICIP) project with the support of the SME...

Investors warm to European stocks eclipsed by Wall Street's AI glow

MILAN, July 1 (Reuters): Lower crude prices following the Iran ceasefire are improving the near-term outlook for European equities, but many remain unconvinced this heralds a rotation away from the US after several years of AI-driven earnings growth.The shift follows a drop in crude prices to near pre-war levels closer...