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

“We will not bow to any pressure”: BSEC chief

The chief of the securities regulator reaffirms that he will continue discharging his duty that he has been entrusted with by the government and that he would not bow to any pressure. Chairman of the Bangladesh Securities and Exchange Commission (BSEC) Khondoker Rashed Maqsood spoke at a press briefing around...

Pioneer Insurance earns lowest profit in 5 years in 2024

Pioneer Insurance Company Limited reported a profit of Tk 468 million for 2024, the lowest in five years, due to an increase in expenses and a fall in net premium income amid persistent macroeconomic challenges.The general insurer's earnings per share (EPS) stood at Tk 4.79 in 2024, down from Tk...

Delegation from Türkiye's Koç Holding visits Bangladesh

Türkiye's leading investment holding company Koç Holding has reaffirmed its commitment to support Bangladesh's growth in a recent high-profile visit, according to a press release.The delegation comprises Levent Çakiroglu, CEO of Koç Holding; Dr. Fatih Kemal Ebiçlioglu, president of Consumer Durables Group at Koç Holding; Yagiz Eyüboglu, president of Energy...

Students start selling commodities at cost prices in Khulna

KHULNA, Mar 06 (UNB): In a commendable initiative to alleviate the burden on low-income families during the holy month of Ramadan, the Anti-Discrimination Student Movement in Khulna has started selling essential commodities at cost price in various parts of the city.In a bid to curb the escalating prices, which had...

ISPAB likely to appoint overseer

The Internet Service Providers' Association of Bangladesh (ISPAB), one of the five major IT-related commercial organisations along with BCS, e-CAB and BASIS, is now set to appoint an administrator.Despite a year in office, the current executive committee's announcement of a new election date has not resolved the issue.Following an application...

Emirates' Ramadan offer for customers

Reflecting the spirit of togetherness and generosity during the Holy Month of Ramadan, Emirates will be serving thousands of meal boxes for fasting customers both onboard and at boarding gates, screening an array of religious content and popular TV shows on ice, and offering traditional Ramadan dishes in the lounges,...

MTB & GREEN DELTA INSURANCE LAUNCH "NIBEDITA BUNDLE INSURANCE"

Mutual Trust Bank (MTB) and Green Delta Insurance have jointly launched "Nibedita Insurance Bundle" for MTB Angona customers. The exclusive insurance package is aimed at providing comprehensive coverage and support, furthering the financial empowerment of women. Syed Mahbubur Rahman, managing director & CEO of MTB, and Farzanah Chowdhury, managing director...

BRAC Bank achieves Tk 20b net deposit growth in February

BRAC Bank's Branch Network achieved a net deposit growth of Tk 20 billion in February. The bank organised a ceremony to celebrate the achievement in the capital on Tuesday. Sheikh Mohammad Ashfaque, deputy managing director & head of Branch Distribution Network; A. K. M. Tareq, senior zonal head for North,...

SHAHJALAL ISLAMI BANK HOLDS 391S T BOARD MEETING

The 391st meeting of the board of directors of Shahjalal Islami Bank was held at its corporate head office in the capital on Wednesday. Chairman of the bank A. K. Azad presided over the meeting. The board approved a number of investment proposals. Vice chairmen of the board Mohammed Younus...

Janata Bank holds branch managers' confce

Janata Bank PLC's Divisional Branch Managers' Conference in Rajshahi was held at a local convention hall on Thursday. Chairman of the bank M Fazlur Rahman was present as the chief guest while Managing Director Md Mazibur Rahman and Deputy Managing Director Md Fayaz Alam were the guests of honour. General...

ICMAB delegation meets commerce secretary

A delegation from the Institute of Cost and Management Accountants of Bangladesh (ICMAB) led by its Vice President Md Kausar Alam met with Mahbubur Rahman, newly-appointed Secretary of the Ministry of Commerce at the latter's office on Wednesday. The ICMAB team briefed the Secretary on the institute's activities and discussed...

NCC Bank inks with UK's Commerce Plex (Simpaisa)

NCC Bank PLC has inked a remittance drawing agreement with Commerce Plex Ltd (Simpaisa), UK for quick and safe remittance services of Bangladeshi expatriates located in UK and EU Zones. M Shamsul Arefin, Managing Director of NCC Bank, and Bachir Njeim, Chief Strategy and Operations Officer (CSO) of Simpaisa, UK...

Investors question 'Trump put' as tariffs rattle stock markets

NEW YORK, March 6 (Reuters): Investors are recalibrating how to play U.S. President Donald Trump's whipsawing policy changes, weighing that a so-called "Trump put" supporting stock market prices may be fading and that his administration is more keenly focused on the debt markets. Investors had bet strongly that Trump's agenda...