The securities regulator has compelled many stock brokers to pay back a substantial amount of fund to the designated investors' accounts that they used defying the existing rules.In a year-long drive of securing investors' interests, the Bangladesh Securities and Exchange Commission (BSEC) has brought back above Tk 882.25 million to...
Read moreExport Import Bank of Bangladesh Limited inaugurated its 125th branch at Kanchan Bazar, Rupganj in Narayanganj on Saturday. Chairman of Masco Group M. A. Sabur (5th from right) was present as the chief guest and inaugurated the branch while Managing Director Dr. Mohammed Haider Ali Mia (6th from right) presided...
Read moreEastern Bank Ltd. (EBL) as mandated lead arranger has arranged a syndicated Term Loan facility of BDT 2,086.91 million for Butterfly Manufacturing Co. Ltd (BMCL) for their new CKD Refrigerator manufacturing plant at Bhaluka, Mymensingh. The plant will manufacture energy efficient non-frost refrigerator under the technical collaboration of world-renowned brand...
Read moreEBL as the lead arranger arranged a syndicated term loan of BDT. 2,086.91 million for the Butterfly Manufacturing Co. Ltd. (BMCL) for their new refrigerator plant at Bhaluka of Mymensingsh. The deal closing ceremony held recently at the Westin Dhaka was attended by the representatives from lead arranger, participating financial...
Read moreShaikh Salahuddin MP (extreme right), Vice-Chairman of the Board of Directors of Modhumoti Bank Limited, recently handing over cheques of donation for infrastructure development of some mosques in Khulna. Modhumoti Bank Limited donated Tk. 1.0 million to "Baitul Aman Jame Masjid", Tk. 0.5 million to "Dinwali Madrasah Complex" and Tk....
Read moreTelecommunication sector witnessed the highest correction in last week mainly because of the price fall of Grameenphone. The market cap of the telecommunication sector comprising two companies declined 5.0 per cent in five sessions executed in last week on the Dhaka Stock Exchange (DSE). The share price of Grameenphone declined...
Read moreTwo listed companies recommended dividends in last week between 22 per cent and 30 per cent for the year ended on June 30, 2019.Of the companies, the board of directors of National Polymer Industries has recommended 22 per cent stock dividend against the same amount of stock dividend issued in...
Read moreCustomers of Dhaka Power Distributor Company (DPDC) will be able to pay electricity bill through bKash, from now on.bKash will facilitate 1.2 million prepaid and postpaid subscribers of DPDC, the power distributor company of Dhaka, to pay their electricity bills easily from anywhere 24/7. Customers can also check the bill...
Read moreEkramul Haque Mr. Md Ekramul Haque has been promoted to Deputy Managing Director of National Bank Ltd.Prior to that, Mr. Haque was the Senior Executive Vice President and Head of Dilkusha Branch. Mr Haque joined NBL in 2006 as Vice President from Uttara Bank Ltd. He worked Babu Bazar, Bangshal,...
Read moreRobert Chatterton Dickson (middle), British High Commissioner to Bangladesh, seen with others during a visit to Momtex Expo Ltd at Panchdona, Narsingdi recently
Read moreMohammad Showkat Osman, ADC (General), Chandpur, addressing as the chief guest on Quarterly Progress Review Meeting on EU-funded PROSHOMON project's of Concern Worldwide partnering with Shajida Foundation held at Chandpur recently
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