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

BSEC for taking actions against rumour-mongers under Digital Security Act

Trade turnover on Dhaka Stock Exchange (DSE) exceeded Tk 12 billion-mark again on Wednesday as the enthusiastic investors put fresh stakes on stocks riding on new hopes.The turnover stood at Tk 12.01 billion on the country's premier bourse, climbing by 55 per cent over previous day's mark of Tk 7.77...

12 'Z' category cos upgraded

Twelve 'Z' category companies were upgraded from Wednesday after redefinition of 'Z' category stocks as the securities regulator took major steps to bring the underperforming companies back to the track.The companies are AB Bank, Renwick Jajneswar, Bangladesh Thai Aluminum, Salvo Chemicals, Safko Spinning, Appollo Ispat Complex, Zahintex Industries, Prime Insurance,...

City Bank launches country's first global all-network QR for cards payment

City Bank, the largest credit card player in Bangladesh with a 35 per cent market share, launched interoperable QR-based payment solution with four payment schemes in one QR code: American Express, UnionPay, Mastercard and Visa, said a statement.By launching this service, City Bank becomes the first bank in Bangladesh to...

MTB introduces digitized account opening service 'MEasy'

Mutual Trust Bank Ltd (MTB) in partnership with i-exceed technology solutions, a leading global FinTech company for rapid digital banking transformation, has recently launched 'MEasy' service, a fully-digitized banking service that provides a cutting-edge, advanced, and hassle-free digital banking experience, said a statement. MTB Managing Director & CEO Syed Mahbubur...

New MD of BD Finance

Md. Kyser Hamid has recently been appointed as Managing Director & CEO of Bangladesh Finance And Investment Company Limited (BD Finance), said a statement. Before joining BD Finance, he served as the Deputy Managing Director & Head of Retail Business at IPDC Finance Limited.Mr. Kyser Hamid is highly proclaimed for...

Renaissance Dhaka Gulshan Hotel wins int’l award

Renaissance Dhaka Gulshan Hotel received the "Best Luxury Hotel" in Bangladesh at the Asia Pacific International Hotel Award's for 2020-2021, said a statement.The hotel, opened in December 2019 became the first hotel in Bangladesh to win the prestigious title, "Best Luxury Hotel".The Asia Pacific Hotel Awards is organised by International...

Walton Hi-Tech to hold IPO lottery draw Sept 6

Walton Hi-Tech Industries is set to hold IPO (initial public offering) lottery draw on September 6 (Sunday), aiming to allocate 1.55 million IPO shares among the successful applicants. The lottery draw will be held at 10:30am through digital platform due to ongoing Covid-19 pandemic and investors can take part in...

IBBL mCash transfers Tk 2.89b to garments workers

'mCash', mobile banking service of Islami Bank Bangladesh Limited has transferred Tk.2.89 billion to the workers of garments and export oriented industries as part of the government-announced incentives from April 2020 to August 2020. More than hundred garment factories have taken digital payment system 'mCash' to pay their workers. The...

SJIBL organised "BAMLCO Conference-2020"

Shahjalal Islami Bank Limited (SJIBL) organised "BAMLCO Conference-2020" recently on a digital platform. M. Shahidul Islam, Managing Director & CEO of the bank, was present as the chief guest in the virtual conference.