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

ICB AMCL pooled funds eye recovery in FY26 after prolonged slump

Unitholders of pooled funds managed by the ICB Asset Management Company Ltd did not receive any return on investment for FY24. FY25 is going to be as frustrating. But the asset manager is positive about dividend distribution for the ongoing fiscal year because of the funds' recovery from losses on...

Shipping Corporation's revenue to ‘rise 25pc with two new ships’

The state-owned Bangladesh Shipping Corporation (BSC) is going to invest Tk 9.5 billion from its own funds to purchase two brand-new ships, which it estimates will increase revenue by one-fourth. The decision was disclosed in a stock exchange filing on Thursday."If we receive final approval from the Advisory Committee on...

BD Army signs MoU with Turkish Airlines

DHAKA, Aug 07, 2025 (BSS)- Bangladesh Army has signed a Memorandum of Understanding (MoU) with Turkish Airlines today to facilitate the serving and retired army personnel to travel at affordable cost.An Inter Services Public Relations (ISPR) release said, under this agreement, serving and retired members of the Bangladesh Army will...

BD well-positioned in new era of trade wars: BGMEA president

In the wake of the US decision to impose a tariff of 20 per cent on Bangladeshi products, Mahmud Hasan Khan, the president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), in an exclusive interview with UNB, discussed the immense opportunities for Bangladesh's apparel sector amid global trade tensions. Mahmud...

BIFFL holds 14th AGM

Bangladesh Infrastructure Finance Fund Limited (BIFFL) held its 14th Annual General Meeting (AGM) at a hotel in Dhaka recently. The meeting was presided over by Dr. Md. Khairuzzaman Mozumder, Chairman of BIFFL and Secretary, Finance Division, Ministry of Finance.During the AGM, the shareholders approved the Audited Financial Statements for the...

PUBALI BANK GIFTS MICROBUS TO AUST

Pubali Bank has gifted a microbus to Ahsanullah University of Science and Technology (AUST) as part of its corporate social responsibility (CSR).The bank's Managing Director & CEO Mohammad Ali officially handed over the key to AUST Chairman Professor Dr. Golam Rahman. AUST Vice-Chancellor Professor Dr. Md. Ashraful Hoque, Pro-Vice-Chancellor Professor...

BRAC Bank wins record 6 awards at Visa Leadership Conclave 2025

BRAC Bank has achieved a milestone by winning six prestigious awards at the Visa Leadership Conclave 2025.The recognition highlights the bank's outstanding performance across card issuing, acquiring, and value-added service categories, says a statement.The bank has secured awards in 'Excellence in Visa Cross-Border Debit,' 'Excellence in Product Innovation - Cross-Border...

MTB PARTNERS WITH PETROCHEM TO PROMOTE AGRI-FINANCE

Mutual Trust Bank and Petrochem Bangladesh Limited have joined hands to ease financing for farmers and retailers. This partnership will enable credit facilities nationwide to procure agro-inputs from Petrochem's authorised dealers. This initiative is aimed at boosting agricultural productivity by ensuring access to micro-nutrient fertilisers, pesticides, herbicides, fungicides, plant growth...

PRIME BANK SIGNS PAYROLL AGREEMENT WITH ESDO

Prime Bank has signed an agreement to provide payroll banking services to Eco-Social Development Organization (ESDO). The signing ceremony was held at ESDO's head office in Thakurgaon. Under this agreement, Prime Bank will ensure a modern, secure, and convenient payroll management system for the employees of ESDO. The agreement was...

Al-Arafah Islami Bank holds 434th Board Meeting

The 434th Board meeting of Al-Arafah Islami Bank was held at a hotel in the capital on Wednesday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were taken at the meeting. Directors of...

First Security Islami Bank's Board Meeting held -

The 310th meeting of the Board of Directors of First Security Islami Bank PLC was held on Wednesday at the FSIB Head Office in Dhaka with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md. Azizur Rahman, Vice Chairman, Md. Abdul Quddus, Chairman of Executive Committee, Professor Md....

Union Bank holds 50th meeting of new board

The 50th meeting of the newly-formed board of the directors of Union Bank PLC was held at its head office in the city on Thursday. Chairman of the bank Md Fariduddin Ahmed presided over the meeting. Chairman of the board risk management committee Md Humayun Kabir, Chairman of the audit...

ICB organises tree plantation programme

On the occasion of 'July Uprising' and 'Youth Festival-2025', a tree plantation programme was organised at Motijheel Park under the initiative of the Investment Corporation of Bangladesh (ICB) and its subsidiary companies on Wednesday. The event was led by Niranjan Chandra Debnath, Managing Director of ICB. Farida Yasmin, Joint Secretary...

United Finance organises tree plantation programme

On the occasion of 'July Uprising' and 'Youth Festival-2025', United Finance PLC organised a tree plantation programme. Managing Director of the company Mohammad Rafiqul Islam inaugurated programme at the company's head office in the city on Wednesday.

Indian benchmarks erase losses as hopes of US-Russia talks arrest tariff-led slide

MUMBAI, Aug 7 (Reuters): India's stock benchmarks erased intraday losses to settle flat on Thursday, as news of a US-Russia presidential meeting helped markets rebound from a slide sparked by the US doubling tariffs on Indian goods.The Nifty 50 and Sensex dropped nearly 1 per cent intraday, hitting their lowest...