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

BSEC seeks to remove IPO discounts for retail investors, tighten valuation

The revised public issue rules propose the removal of the provision that allows retail investors to purchase primary shares at a discount to the cut-off price determined by eligible investors (EIs) through institutional bidding.The market watchdog has sought public opinion on the drafted rules titled “Bangladesh Securities and Exchange Commission...

Rupali Bank slips into deep loss as non-performing loans surge

Rupali Bank has reported hefty losses for the third quarter through September this year due to rising non-performing loans.The lone listed state-run lender suffered a loss of Tk 1.68 billion in the quarter to September this year, as against a profit of Tk 31 million in the same quarter a...

Rehana Rahman re-elected as Southeast Bank vice chairperson

Rehana Rahman, a prominent female entrepreneur in Bangladesh, has been unanimously re-elected as vice chairperson of the board of directors of Southeast Bank in its 777th board meeting.Mrs. Rahman holds various key roles across several organisations, including managing director of Bengal Tradeways Ltd, according to a press release.In addition to...

SIBL Securities Limited relocates Agrabad branch

SIBL Securities Limited has relocated its Agrabad branch in Chattogram to Frox Tower in the area.Shafiuzzaman, managing director of Social Islami Bank PLC (SIBL), inaugurated the branch at its new location on Sunday, according to a press release.Mohammed Shoeb, head of Financial Administration Division and Mohammad Mizanul Kabir, head of...

Shippers' Council Chairman leaves for Indonesia

Md Rezaul Karim, Chairman of Shippers' Council of Bangladesh (SCB), and Vice-Chairman, Asian Shippers' Alliance, left Dhaka for Bali, Indonesia on Sunday for attending Asian Shippers' Alliance (ASA) and Global Shippers' Alliance (GSA) Annual Meeting which will be held on November 05 to 07, 2025 at the Discovery Kartika Plaza...

BIDA restructuring to ensure proactive investor service

Bangladesh Investment Development Authority (BIDA), the apex investment promotion agency of the Government of Bangladesh, has undertaken a major internal reform to restructure its organisation in alignment with the investor lifecycle, reports BSS.The restructuring is aimed at ensuring proactive investor service, clearer roles and responsibilities, measurable key performance indicators (KPIs)...

Eastern Housing approves 25pc cash dividend

The 61st Annual General Meeting (AGM) of Eastern Housing Limited was held on a virtual platform on Thursday, says a press release.The AGM was presided over by Chairman Manzurul Islam. Members of the board of directors Suraiya Islam, Abu Luthfe Fazle Rahim Khan, Abdur Rahim Choudhury, Mostafizur Rahman, Independent Directors...

United Finance partners with IFC to strengthen SME Financing

United Finance PLC has entered into a strategic partnership with the International Finance Corporation (IFC), marked by the signing of an agreement at the United Finance's head office in Dhaka on Saturday, says a press release.This collaboration aims to enhance United Finance's capabilities in affordable home loans and SME financing...

PRAN-RFL honoured with global leadership excellence award

PRAN-RFL Group, the country's most diversified conglomerate, has received the Global Business Leadership in Agri-Processing Excellence Award at the ABCCI Business Excellence Awards 2025, held at the Langham, Melbourne in Australia recently, says a press releaase.Md Rasedul Hasan, Deputy Managing Director (Export) of PRAN-RFL Group, received the prestigious award on...

Jamuna Bank Signs Health Agreement with United Health Care Services

Jamuna Bank PLC and United Health Care Services Limited signed a Corporate Health Agreement at Jamuna Bank Tower, Gulshan-1, Dhaka recently. The agreement was formally signed by Noor Mohammed, Deputy Managing Director & CBO of Jamuna Bank PLC, and Mohammad Faizur Rahman, Chief Executive Officer of United Health Care Services...

Fertiliser production resumes at CUFL

CHATTOGRAM, Nov 02 (BSS): Fertiliser production resumed Sunday at the state-owned Chattogram Urea Fertiliser Limited (CUFL), Anwara Upazila after a six-month shutdown.Earlier, production had been halted twice this year due to mechanical issues - from January 03 to February 25, and again from April 11 to October 18. Gas supply...