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

Nine persons, firms hit with Tk 4.28b penalty for Beximco share price manipulation

The securities regulator has imposed an aggregate penalty of Tk 4.28 billion on five companies and four individuals for manipulating the share price of Beximco in violation of regulations.Most of the offenders have been fined twice for manipulating the company's share price in both 2021 and 2022. This marks the...

BSEC to inspect use of IPO proceeds of nine companies

The stock market regulator has decided to scrutinise the utilisation of proceeds from initial public offerings (IPOs) and repeat public offerings (RPOs) issued by nine companies, to see whether the funds are being used properly.The decision was taken at a meeting of Bangladesh Securities and Exchange Commission (BSEC) held on...

Make impartial policies to protect investors' interests

Capital market stakeholders have urged the securities regulator to avoid making policies that favour any vested interests or influential individuals, in order to protect the overall capital market and the interests of investors.The call came at a view-exchange meeting organised by the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday...

SOUTHEAST BANK WORKSHOP HELD

Southeast Bank PLC recently conducted a daylong comprehensive workshop covering retail product knowledge, credit assessment tools, and marketing strategies. The event was organised for 59 Associate Relationship Officers at the bank's training institute. Nuruddin Md. Sadeque Hossain, Managing Director of the bank, was present at the closing session. Saima Banu,...

ICB CELEBRATES 48TH FOUNDING ANNIVERSARY

With the theme: 'ICB comes to the aid in times of crisis in the capital market', the Investment Corporation of Bangladesh (ICB) celebrated its 48th founding anniversary on Tuesday. On the occasion, a cake-cutting ceremony, doa and milad mahfil was held at the head office of ICB. ICB Chairman Prof...

940th Board Meeting of Agrani Bank held

The 940th Board Meeting of Agrani Bank PLC was held at the boardroom of the bank's head office in Dhaka on Tuesday. Chairman of the bank Syed Abu Naser Bukhtear Ahmed presided over the meeting. At the beginning of the meeting, the board members welcomed the new chairman with a...

Global investors gear up to go back into China

LONDON, Oct 1 (Reuters): Global investors are preparing to stake bets on China again, in a major sentiment shift sparked by Beijing's drive to reverse its economic slowdown and revive long term interest in its stock markets.It is early days and few money managers expect a Chinese growth boom anytime...

Indian gold loan lenders' stocks dip

Shares of Indian non-bank gold lenders Manappuram Finance and Muthoot Finance dropped 2.9 per cent and 3.6 per cent early on Tuesday due to growth concerns, a day after the central bank found "several irregular practices" in the industry, reports Reuters.These irregularities, the Reserve Bank of India said, included the...