Stocks extended the losing streak for three consecutive sessions on Wednesday as shaky investors continued their selling binge.Market analysts said the worried investors continued their selling spree amid lack of confidence, liquidity shortage and rising deposit interest rate.Disappointing earnings declaration by number of companies coupled with falling portfolio investments in...
Read moreInitial Public Offering (IPO) lottery draw of Sea Pearl Beach Resort & Spa Ltd will be held on May 23 to allocate 15 million ordinary shares among the successful applicants, officials said.The lottery draw will be held at 10:30am at The AGB Colony Community Centre in Motijheel area of Dhaka.The...
Read moreTen most-traded companies captured nearly 38 per cent transaction of the Dhaka Stock Exchange (DSE) Wednesday while Fortune Shoes topped the chart for third straight day.Market insiders said investors showed their appetite on Fortune Shoes shares after the company posted a 35 per cent earnings growth in January-March, 2019 quarter.The...
Read moreBRAC Bank Limited and Energypac Fashions Ltd have signed an Employee Banking Agreement, said a statement. Energypac Fashions Ltd, a leading technologically advanced RMG company in Bangladesh, is one of our largest corporate clients of the bank. Under this agreement, employees of Energypac Fashions Ltd. stationed, at their Head Office,...
Read moreIPDC Finance Limited has recently signed a Memorandum of Understanding (MoU) with ABC Real Estates Ltd.The signing ceremony was organised at IPDC Head Office in Gulshan area of the capital, said a statement.Under this MoU, customers of ABC will get special Rate of Interest, Discounted Processing Fees, and Charge Free...
Read moreMahmood Osman Imam retires from MBLMercantile Bank Limited accorded farewell to Dr. Mahmood Osman Imam, Chairman, Audit Committee & Independent Director, upon completion of his tenure with the bank on Tuesday at Bank's Head Office. A.K.M. Shaheed Reza, Chairman and Md. Quamrul Islam Chowdhury, MD & CEO of the bank...
Read moreMercantile Bank Limited accorded a farewell reception to Dr. Mahmood Osman Imam, Chairman, Audit Committee & Independent Director, upon completion of his tenure with the bank on Tuesday at Bank's Head Office. A.K.M. Shaheed Reza, Chairman and Md. Quamrul Islam Chowdhury, Managing Director & CEO of the bank handed over...
Read moreMutual Trust Bank Limited (MTB) recently launched month-long 'Ramadan offers' for MTB Cardholders. The event was inaugurated by Syed Rafiqul Haq, Acting Managing Director & CEO of MTB.
Read moreShahidul Islam of Uttaran, Kazi Anwar Ahmed and Ruhi M. Ahmed of BSRM Group seen in the signing ceremony of a joint venture agreement in Dhaka recently. Under the agreement, BSRM and its NGO partner Uttaran will set up a submersible pipeline water supply project in Khanpur, Tala, Shatkhira
Read moreA meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Wednesday at Islami Bank Tower. Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting was attended by Md. Shahabuddin, Vice Chairman, Directors, Md. Mahbub ul Alam, Managing Director & CEO...
Read moreA farewell programme was arranged in honour of Antora Ahmed for her unwavering services to AB Bank who worked dedicatedly with her special abilities. Tarique Afzal, President & Managing Director (CC) and other officials of the Bank attended
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