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

BSEC asks trustee of Grameen One to comply with 2008 directive

FE ReportThe securities regulator has asked the trustee of Grameen One : Scheme Two to comply with the directive issued in 2008 setting a tenure of 10 years for all closed-end MFs.As per the regulatory approval, Grameen One : Scheme Two was floated in 2008 with a tenure of fifteen...

A two-day long Annual Business Conference of First Security

A two-day long Annual Business Conference of First Security Islami Bank Limited (FSIBL) ended at Dhaka Regency Hotel & Resort Saturday. The conference was presided over by Syed Waseque Md. Ali, Managing Director, FSIBL. Among others Syed Habib Hasnat, Additional Managing Director attended.

Appoint at least one female member

FE ReportThe draft of Corporate Governance Guidelines has included the provision of appointing at least one female member in the company's board of directors.The regulatory provision came as part of enhancing women's participation in the board affairs of the listed companies."At least one member of the board of directors shall...

City Bank arranges $10m financing from Norfund

City Bank has recently arranged $10 million funds from the Norwegian Development Bank (Norfund) to support Offshore Banking Unit and project financing requirements of the bank's customers.A Financial Closure Ceremony was organised in Oslo, Norway where City Bank Managing Director & CEO Sohail R. K. Hussain and Norfund Chief Executive...

Prime Insurance Company Ltd arranged a programme a

Prime Insurance Company Ltd arranged a programme at its corporate head office in the city recently, marking the new year 2018. Md Zakiullah Shahid, Chairman, Ms Shaheda Pervin Trisha, Vice Chairman, and Ms Mohammodi Khanam, CEO of the company, were also present on the occasion.

City Bank has recently arranged $10 million funds from the Norwegian Development Bank

City Bank has recently arranged $10 million funds from the Norwegian Development Bank (Norfund) to support Offshore Banking Unit and project financing requirements of the bank's customers. A Financial Closure Ceremony was organised at Oslo in Norway. City Bank Managing Director & CEO Sohail RK Hussain and Norfund Chief Executive...

DSE/CSE News in Brief (07-01-2018)

DSE NewsCash dividend disbursementACME Laboratories Ltd: The ACME Laboratories Ltd. has informed that it has disbursed the cash dividend for the year ended 30 June 2017 to the respective shareholders' bank accounts through BEFTN system. The dividend warrants whose Bank Accounts are not under BEFTN facilities, have been dispatched through...

Director General, Directorate General of Drug Administration,

Director General, Directorate General of Drug Administration, Major General Md. Mustafizur Rahman unveiling the stone of oncology unit of Healthcare Pharmaceuticals Limited. The facility opened the new horizon of anti-cancer treatment for both in Bangladesh and overseas patients. Among others, Managing Director, Chairman, CEO, Executive Director, Sales & Admin, Executive...

Picard Community School under Leathergoods

Picard Community School under Leathergoods and Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) won gold medals in 9th Agrani Bank National ITF Taekwondo Championship 2017 and 4th Bangladesh Cup Championship 2017 held recently at Shaheed Suhrawardy National Indoor Stadium at Mirpur in Dhaka. In addition, International Taekwondo Federation of...