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

Stocks rally for fifth session

With the prime index of the country's premiere bourse crossing the 6,200-mark once again, stocks extended the winning streak for the fifth straight session on Thursday, as investors' appetite for banking issues remained high.Dealers said the market finished higher as investors continued their buying spree of large-cap issues, especially banks,...

Oimex Electrode holds IPO lottery draw

The Oimex Electrode held its IPO (initial public offering) lottery draw on Thursday to allocate 15 million ordinary shares among successful applicants.The lottery draw was held at the Institution of Engineers, Bangladesh (IEB) in the city and the results were published on the websites of Dhaka Stock Exchange (DSE), Chittagong...

Uttara Bank tops DSE transaction chart

The top 10 traded companies, including seven banks, grabbed more than 31 per cent of transactions on the country's premier bourse on Thursday, with Uttara Bank making its way to the top of the chart.The total turnover on the Dhaka Stock Exchange (DSE) stood at Tk 10.58 billion, nearly 20...

MTB inks deal with RIC for Payroll Banking solutions

Mutual Trust Bank Limited (MTB) signed an agreement with Resource Integration Centre (RIC) at a simple ceremony held at the RIC central office in the city recently, says a statement.Under this agreement, the employees of Resource Integration Centre (RIC) can get access to Payroll Banking solutions through the MTB Payroll...

Saudi Aramco IPO on track for 2018

MOSCOW, Oct 5 (Reuters): A plan to list Saudi Aramco in 2018 is on track, senior Saudi officials said in Moscow on Thursday, as Saudi Arabia gears up to sign a string of investment agreements with Russia.The plan to float around 5 per cent of Aramco in an initial public...

Reforms help restore investors' confidence: BSEC chairman

Investors' confidence in the capital market has been restored following the regulatory reforms undertaken by the Bangladesh Securities and Exchange Commission (BSEC).The BSEC has taken regulatory measures to avert any untoward situation in the capital market like that in 2010.BSEC Chairman Prof Dr M Khairul Hossain came up with this...

DSE/CSE News in Brief (06-10-2017)

DSE NewsUpdates on bonus shares National Life Insurance Co. Ltd: National Life Insurance Co. Ltd. has informed that the bonus shares of the company for the year ended on December 31, 2016 have already been credited through CDBL to the respective shareholders' BO A/Cs on October 02, 2017. Cash Dividend...

Madrid stocks stage modest rebound amid Catalan crisis

LONDON, Oct 5 (AFP): The Madrid stock market rebounded somewhat on Thursday as investor concerns eased over the Catalan independence crisis.The Spanish capital's benchmark IBEX 35 shares index jumped 1.0 per cent in late morning deals, but failed to reverse the previous day's 3.0-per cent slump.Trade was more muted elsewhere...

News Briefs (6-10-2017)

Southeast Bank enters deal with Vibes HealthcareAn agreement signing Ceremony was held between Southeast Bank Limited and Vibes Healthcare Bangladesh Private Limited recently. Under this agreement, Southeast Bank Credit and Debit Card holders will enjoy up to 40 per cent discount on the services of Vibes Healthcare Bangladesh Private Limited....

Southeast Bank Limited and Vibes Healthcare Bangladesh Private Limited signed an agreement

Southeast Bank Limited and Vibes Healthcare Bangladesh Private Limited signed an agreement on discount facility for healthcare services. Md Abdus Sabur Khan, Head of Cards, Southeast Bank, and Ms Anchal Sharma, Regional Head of Vibes Healthcare, signed the deal in the city recently.

Pubali Bank Ltd., the inaugural ceremony of a foundation training course

Safiul Alam Khan Chowdhury, Additional Managing Director of Pubali Bank Ltd., was present as the chief guest in the inaugural ceremony of a foundation training course at the Pubali Bank Training Institute recently. Niranjan Chandra Gope, Principal of the institute, presided over the function.

The certificate award ceremony of the "Basic Course on General Insurance"

The certificate award ceremony of the "Basic Course on General Insurance" was held recently at the head office of Prime Insurance Company Ltd. Md Zakiullah Shahid, Chairman of the company, handed over the certificates.

National Bank Ltd arranged a 'Basic Course for Cash Officers'

National Bank Ltd arranged a 'Basic Course for Cash Officers' at the bank's training institute in the city recently. Deputy Managing Director of National Bank ASM Bulbul inaugurated the course as the chief guest. A total of 48 cash officers from different branches took part in the training programme.

The 253rd meeting of the Board of Directors of Shahjalal Islami Bank Limited

The 253rd meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held at its head office in the city on Wednesday. Chairman of the Board of Directors Engineer Md Towhidur Rahman presided over the meeting. Managing Director Farman R Chowdhury was also present on the occasion.

The 313th meeting of the Board of Directors of Al-Arafah Islami Bank Limited

The 313th meeting of the Board of Directors of Al-Arafah Islami Bank Limited was held at the bank's board room in the city on Wednesday. Chairman of the Board Abdus Samad Labu presided over the meeting. Managing Director Md Habibur Rahman was also present on the occasion.