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Search date: 07-08-2025 Return to current date: Click here

NBFIs' earnings growth in H1 relies on Treasury income, asset quality

Only four non-bank financial institutions (NBFIs) out of the 15 that have published financial reports for January-June this year posted a year-on-year profit growth, driven by a surge in investment income. IPDC Finance, IDLC Finance, DBH Finance and United Finance stand out in the industry for their consistently good financial...

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Stocks slip as investors book gains in banks, blue-chips

The Dhaka bourse closed Wednesday's session marginally lower, extending the losing streak for the second session, as many investors booked profits from the recent appreciation.Insiders said investors booked profits mainly in bank stocks and some blue-chip stocks, which had recently experienced a rally on the Dhaka Stock Exchange (DSE).The market...

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Swedfund invests in MTB for MSME growth, climate action

With an investment of USD 20 million in Mutual Trust Bank (MTB), Swedfund is set to help secure long term financing for Bangladesh's MSMEs, climate action, and marginal women entrepreneurs.The loan will contribute to growth and job creation and the biggest share of the proceeds will be directed towards Micro,...

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UCB Investment wins Asset Triple A Islamic Finance Awards again

UCB Investment Limited (UCBIL) has once again been honoured at The Asset Triple A Islamic Finance Awards 2025, receiving two prestigious accolades: 'Sukuk Advisor of the Year' and 'Best Bank Capital Sukuk'.This marks the second consecutive year that UCBIL received these honours, reinforcing its leadership position in Bangladesh's investment banking...

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South Korean co to invest $ 8.06m in Mongla EPZ

South Korean company OCF Co. Limited is set to invest US$8.06 million in Mongla Export Processing Zone (Mongla EPZ), reports UNB.The company will establish a tent manufacturing, tent accessories, camping furniture, furniture accessories, and bag industry. The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company in...

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BD receives $328m in remittances in 5 days of August

Bangladesh received US$328 million remittance in the first 5 days of August of the fiscal year 2025-26, reports UNB.According to the latest data from the Bangladesh Bank, in the same period of the previous fiscal year, the amount was $181 million.The central bank's report, released on Wednesday shows a significant...

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MODHUMOTI BANK ORGANISES TREE PLANTATION EVENT to HONOUR JULY UPRISING

As part of the nationwide tree plantation initiative led by the Ministry of Finance, Modhumoti Bank organised a tree plantation programme at its head office on Wednesday morning in observing the "July Renaissance" and "Youth Festival 2025". The event was attended by Md. Shafiul Azam, managing director & CEO; Shahnawaj...

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PRIME BANK, BKASH PARTNER FOR AUTOMATED CASH SERVICES

Prime Bank and bKash Limited on Monday inked a deal for cash management services. Faisal Rahman, additional managing director of Prime Bank, and Moinuddin Mohammed Rahgir, chief financial officer of bKash, signed the agreement at Prime Bank's head office. bKash distributors and agents will be able to transfer funds between...

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MERCANTILE BANK HOSTS TREE PLANTATION OBSERVING JULY UPRISING DAY

Mercantile Bank hosted a tree plantation programme on the proposed Mercantile Bank General Hospital premises in Uttara, Dhaka on Wednesday to observe the "July Declaration & Uprising Day-2025". The bank's Managing Director Mati Ul Hasan inaugurated the programme as the chief guest. The bank's deputy managing directors Md. Zakir Hossain,...

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BANGLADESH KRISHI BANK HOLDS TREE PLANTATION PROGRAMME

On the occasion of celebrating the 'July Reawakening' and 'Youth Festival 2025', Bangladesh Krishi Bank held a tree plantation programme at the Krishi Bank's Staff College at Mirpur in Dhaka on Wednesday. Finance Adviser Dr. Salehuddin Ahmed was present as the chief guest while Chairman of Bangladesh Krishi Bank Dr....

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Rupali Bank organises tree plantation programme

On the occasion of 'July Uprising' and 'Youth Festival-2025', a tree plantation programme was organised by Rupali Bank PLC in the city's Motijheel area on Wednesday. The event was led by Kazi Md Wahidul Islam, Managing Director of Rupali Bank. Dr Dewar Hossain, Joint Secretary of the Financial Institutions Division,...

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Agrani Bank organises tree plantation programme

On the occasion of 'July Uprising' and 'Youth Festival-2025', a tree plantation programme was organised by Agrani Bank PLC in the city on Wednesday. The event was led by Md Anwarul Islam, Managing Director and CEO of Agrani Bank. Md Sayed Kutub, Additional Secretary of the Financial Institutions Division, Ministry...

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Janata Bank PLC organised a tree plantation programme

Janata Bank PLC organised a tree plantation programme at the bank's Area Office, Dhaka North, on Wednesday on the occasion of 'July Reawakening' and 'Youth Festival 2025'. Director of the bank and Additional Secretary of the Financial Institutions Division, Ministry of Finance, Md. Ahsan Kabir and Managing Director Md. Mazibur...

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German factory orders fall amid tariff, growth woes

FRANKFURT, Aug 06 (AFP): German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe's biggest economy struggles with prolonged domestic weakness and volatile US trade policy.New orders, closely watched as an indicator of future business activity, dropped 1.0 per cent month-on-month, according to preliminary data from federal...

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