Listed multinational companies (MNCs) have declared substantial amount of cash dividends for the year ended on December 31, 2017, maintaining their earnings growth.Of the 11 MNCs, which account for approximately 28 per cent of Dhaka bourse's market capitlisation, maintained steady growth and offered dividends to their shareholders.Market operators said the...
Read moreUnited Commercial Bank Limited (UCB) held its 35th annual general meeting (AGM) recently at Kurmitola Golf Club in Dhaka, presided over by the bank's Chairman Mrs Rukhmila Zaman, said a statement. In the AGM, shareholders approved 10 per cent Cash dividend for the year 2017. Mrs. Rukhmila Zaman, Hajee Yunus...
Read moreSeven listed companies of textile sector received increased institutional investment in March this year amid their mixed performance displayed during January-March, 2018.The companies are Saiham Textile Mills, Stylecraft, Alif Manufacturing Company, Simtex Industries, Dragon Sweater and Spinning, Paramount Textile and Alltex Industries.These companies displayed mixed performance in accordance with their...
Read moreA sophisticated gymnasium was established at the 21st floor of NCC Bank Bhaban in Motijheel, Dhaka to keep the body and mind of the bank employees active and to create health awareness, according to a statement. Chairman of the bank Md. Nurun Newaz Selim inaugurated the gym recently while Chairman...
Read moreCity Bank, the lone franchise of American Express (Amex) cards in Bangladesh, aims to expand the credit card service across the country within this year, a senior official of the bank said."We are working to spread the Amex card business in every district of the country within this year to...
Read moreIslami Bank Bangladesh Limited organised a Business Development Conference with its Branch Mangers of Chittagong region recently at the Zonal Office.Md. Mahbub ul Alam, Managing Director and CEO of the Bank was present in the programme as Chief Guest. Abu Reza Md. Yeahia, Deputy Managing Director and CAMLCO of the...
Read moreMd. Julkar Naim, an assistant director at Bangladesh Bank, has received an M Phil degree, said a statement.The degree was awarded at the 40th Academic Council Meeting and 46th Syndicate Meeting of Bangladesh University of Professionals, Mirpur Cantonment, Dhaka under the supervision of Prof. Dr. Md. Rafiqul Islam, Department of...
Read moreCredit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of IFAD Autos Limited as "AA3" along with stable outlook based on audited financial statements up to June 30, 2017; bank liability position as on February 28, 2018 and other relevant quantitative as well as qualitative information...
Read moreCity Bank reduces NAV The board of directors of The City Bank Limited has approved changing its accounting policy for fixed assets from Revaluation Model to Cost Model with effect from January 01, 2017. As a result, based on January 01, 2017, the Net Assets Value of the bank will...
Read morePubali Bank Limited Deputy Managing Director Mohammad Ali receiving an award from Expatriates' Welfare and Overseas Employment Minister Nurul Islam at a recent award giving ceremony of Centre for Non-Resident Bangladeshis (NRBs) in presence of its Chairperson MS Shekil Chowdhury. The bank is one of the `Top Ten Remittance Award'...
Read moreReschedule of board meetingMithun Knitting and Dyeing Ltd.: A meeting of the board of directors will now be held on May 09, 2018 at 4:00 pm instead of April 30, 2018 to consider, among others, un-audited financial statements of the company for the third quarter (Q3) period ended on March...
Read moreDhaka Stock Exchange (DSE) Chairman Professor Dr. Abul Hashem presiding over the extra-ordinary general meeting of the bourse recently
Read moreBangladesh Development Bank Limited (BDBL) director Shahabuddin Ahmed signing the Annual Accounts of 2017 of the bank in a meeting recently. Managing Director Manjur Ahmed and other directors attended the meeting
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