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

Stocks tumble as major sectors slump on DSE

Stocks tumbled on Monday, after remaining flat in the previous day, as risk-averse investors went on heavy sell-offs on major sectors shares.Market operators said investors dumped their holdings for booking profit on major sector stocks which saw significant gain in the past few weeks.DSEX, the prime index of the Dhaka...

Associated Oxygen's IPO lottery draw tomorrow

Associated Oxygen is set to hold IPO (initial public offering) lottery draw tomorrow (Wednesday), aiming to allocate 15 million ordinary shares among the successful applicants.The lottery draw will be held at 10:30am at Crystal Ballroom, Hotel Intercontinental in Dhaka, according to a disclosure posted on the Chittagong Stock Exchange (CSE)...

EBL launches new product for women entrepreneurs

Women Banking Division of Eastern Bank Ltd. (EBL) has introduced a new banking product- EBL Ovilashi for the women entrepreneurs of the country. This is an interest bearing business current account featuring all-inclusive product suite with 360 banking services, said a statement. Ali Reza Iftekhar, Managing Director and CEO of...

9th AGM of BIFFL held

Bangladesh Infrastructure Finance Fund Ltd (BIFFL) held its Annual General Meeting (AGM) recently on a virtual platform, says a statement. The shareholders in the meeting approved Audited Financial Statements for the year 2019 and cash dividend of BDT181.20 million (BDT18.12 crore). The company's paid-up capital during the year stood at...

Formation of Tk 10b Startup Capital a crying need, says Dr Atiur Rahman

CFA Society Bangladesh, the local member society of CFA Instituteorganized a live streaming event on ""Inclusive Finance & Macroeconomic Transformation of Bangladesh" using the digital platform of the official Facebook page of CFA Society Bangladesh and a leading English daily of the country.The session speaker Dr. Atiur Rahman, Bangabandhu Chair...

Robi brings cloud-based Microsoft 365 software solutions

Robi has recently launched cloud based Microsoft 365 software and Microsoft Exchange Online Email services bundling with Robi 4.5G internet data pack. Customers can avail original version of popular Microsoft 365 softwares like Word, Excel, Outlook, Mictosoft Teams, OneDrive storage and business class email with multiple security options. Robi organized...

Huawei bringing latest device in Bangladesh next week

Another new smartwatch of Huawei, named 'Huawei Watch Fit' is coming to the Bangladesh market. Huawei Bangladesh office has today announced this latest product which will be available at all HUAWEI authority shops and after-sales centers from Oct 12.This 1.64 inches Huawei Watch Fit is Huawei's first-ever smart sports watch...

bKash's AML 360 solution will prevent money laundering

bKash launched 'AML360', an integrated Anti Money Laundering& Combating the Financing of Terrorism (AML&CFT) solution to prevent money laundering by monitoring real timetransactions of channel partners including agents, distributors, merchants and aggregators.bKashhas brought such an automated solution for the first time in the country to make transactions more transparent, accountable,safe...

Md Khurshid Alam new ED of BB

Md Khurshid Alam has been promoted as executive director of Bangladesh Bank. Prior to the promotion, he was general manager of Debt Management Department of BB. He will join the Sylhet office of BB after the promotion. After completing his post-graduation degree in commerce faculty of Dhaka University, he joined...

305th Board Meeting of SJIBL held

The 305th meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held recently at Corporate Head Office of the Bank. A few number of directors of the Bank participated in this meeting through digital platform. The meeting was presided over by the Chairman of the Board...

Modhumoti Bank signed a co-operation agreement with Sandhani Life Insurance Company

Modhumoti Bank Limited signed a co-operation agreement with Sandhani Life Insurance Company Ltd. on Monday at Modhumoti Bank Head Office, Gulshan, Dhaka. Mr. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank and Mr. Nemai Kumer Saha, Managing Director & CEO of Sandhani Life Insurance signed the agreement on...

Dhaka North Zonal Office of First Security Islami Bank

The Dhaka North Zonal Office of First Security Islami Bank Ltd. started its operation on Sunday with a view to providing shariah based modern banking services to its clients. Mr. Syed Waseque Md Ali, Managing Director of First Security Islami Bank inaugurated the Zonal Office through video conference.

A team of ICAB led by President Muhammad Farooq FCA (4th from left)

A team of the Institute of Chartered Accountants of Bangladesh (ICAB) led by its President Muhammad Farooq FCA (4th from left) paid a courtesy call on Professor Dr. Md. Hamid Ullah Bhuiyan (middle), Chairman, Financial Reporting Council (FRC), Bangladesh at his office on Monday.

SM Monjurul Alam Ovi (left)

SM Monjurul Alam Ovi (left), Managing Director of Walton Digi-tech Industries Ltd, presenting a crest to Mohd Jahurul Haque, chairman of Bangladesh Telecommunication Regulatory Commission (BTRC) during the latter's visit to the Walton factory.