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

Shurwid faces no bar to reduce paid-up capital

Shurwid Industries Limited would have no restriction to reduce its paid-up capital subject to the court's permission and compliance with the companies act, according to legal experts and officials.Officials at the securities regulator said the company could reduce its paid-up capital after ensuring the interests of the general shareholders.On May...

Draft amendment to MF rules remains shelved for two and a half years

FE ReportThe securities regulator has not yet finalised the proposed amendment to the rules of mutual funds (MFs) despite it had approved a draft more than two and a half years ago.The Bangladesh Securities and Exchange Commission (BSEC) had earlier moved to restore investors' confidence in the MFs through amending...

ONE Bank approves 20pc dividend

ONE Bank Limited has approved 15 per cent cash and 5.0 per cent stock dividend (total 20 per cent) for the year 2017. The 19th annual general meeting of the bank held in the capital recently approved the dividend, presided over by its Chairman Sayeed H. Chowdhury. Vice Chairman Asoke...

ICAB, Apollo Hospitals sign MoU

The Institute of Chartered Accountants of Bangladesh (ICAB) and Apollo Hospital Dhaka signed a Memorandum of Understanding (MoU) at CA Bhaban in the capital on Saturday. Under the agreement, ICAB members and employees would get access to the medical facilities and services of the hospital at discounted rates, said a...

Rupali Bank emerges worst weekly loser

FE ReportRupali Bank topped the weekly losers' chart as its price suffered 16.97 per cent loss. At the end of the week on Thursday last, the company's share trading closed at Tk 36.70 each, after declining in five consecutive sessions. The company's share price declined 1.08 per cent or Tk...

Islami Bank Bangladesh Limited (IBBL) Chairman Professor Md. Nazmul Hassan, Ph.D, Director of the bank

Islami Bank Bangladesh Limited (IBBL) Chairman Professor Md. Nazmul Hassan, Ph.D, Director of the bank, Chairman of Islami Bank Foundation and Director General of Islamic Foundation, Bangladesh Shamim Mohammad Afzal, Acting Khatib of Baitul Mokarram National Mosque Moulana Mufti Md. Mizanur Rahman, other directors and senior executives of the bank...

NCC Bank holds training prog

NCC Bank Training Institute has arranged a five-day training programme on "Foreign Exchange & Finance of Foreign Trade" for the officers of different branches. A total of 31 officers participated at the programme in the capital recently, said a statement. Khondoker Nayeemul Kabir, Deputy Managing Director of NCC Bank, inaugurated...