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

DSEX crosses 5,300-mark riding on bank shares

Stocks ticked higher on Tuesday with core index crossing the 5,300-mark again as investors showed their buying spree on banking and telecommunication issues.Market insiders said some institutional investors were active on sector specific issues, particularly banking, financial institutions and telecommunication, taking the core index above 5,300-mark.Notable price corrections over the...

Sonali Aansh to pay 10pc cash dividend

The board of directors of Sonali Aansh Industries has recommended 10 per cent cash dividend for the year ended on June 30, 2018.The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 31 in Dhaka, said an official disclosure on Tuesday.The...

Jute Spinners' liabilities exceed assets

Jute Spinners incurred a net loss of Tk 102.90 million during the year ended on June 30, 2018 and the accumulated loss of the company stood at Tk 454.52 million. The company's liabilities stood Tk 468.48 million which exceeded its total assets worth Tk 300.48 million by Tk 168 million...

BD-US professor receives career award

Bangladeshi-American Dr. Mohammad Saifur Rahman, an associate professor of the Krannert School of Management at Purdue University, has been honoured with the 2018 INFORMS's Information Systems Society (ISS) Sandy Slaughter Early Career Award. INFORMS is the world's largest professional association dedicated to and promoting best practices and advances in operations...

BSEC accorded a reception to Abul Maal Abdul Muhith

Bangladesh Securities and Exchange Commission (BSEC) accorded a reception to Abul Maal Abdul Muhith, Minister, Ministry of Finance, for his contribution in the development of capital market in the city on Tuesday where Dr. M. Khairul Hossain, BSEC Chairman was present — FE Photo

News Briefs (05-12-2018)

Bangladesh Steel Re-rolling, BSRM Steels hold AGMsCHATTOGRAM, Dec 4: Both the Bangladesh Steel Re-Rolling Mills Ltd and the BSRM Steels Ltd yesterday approved 10 per cent stock dividend and 10 per cent cash dividend for their shareholders. The 56th AGM of Bangladesh Steel Re Rolling Mills Ltd and 16th AGM...

Trust Bank celebrates 19th anniversary

General Aziz Ahmed, Chief of Army Staff, Bangladesh Army & Chairman, Trust Bank Limited, cut a cake to celebrate the bank's 19th anniversary at its Corporate Head Office in Dhaka recently. Maj Gen Mohammad Humayun Kabir, SUP, rcds, psc, Adjutant General, Bangladesh Army and Vice Chairman, Trust Bank Limited, Members...

UCB received Most Innovative Bank 2018 award from GRG

United Commercial Bank Limited (UCB) received Most Innovative Bank 2018 award from GRG banking. N. Mustafa Tarek, Deputy Managing Director of United Commercial Bank Limited receiving the award for UCB from Andy Huang, President of GRG Group, awarded by GRG Banking. GRG Banking is a subsidiary of state owned organization...

Islami Bank Bangladesh Limited achieved 'Best Emerging CEO in Islamic Banking 2018' award

Md. Mahbub ul Alam, Managing Director and CEO of Islami Bank Bangladesh Limited, achieved 'Best Emerging CEO in Islamic Banking 2018' award conferred by UK-based financial intelligence house Cambridge IF Analytica. He received the award from Shahid Malik, former British Minister & Chairman of Global Cooperation & Development Partnerships at...

NRB Bank and Ibn Sina Trust exchanging documents after signing agreement

Saaduddin Ahmed, Deputy Managing Director & CRO of NRB Bank Limited and ANM Tajul Islam, General Manger and Head of Marketing of Ibn Sina Trust, exchanging documents after signing an agreement on behalf of their respective organisations at the bank's Corporate Head Office recently, for employees and customers of NRB...