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

Telecom, pharma, engineering sectors close higher

Stocks finished almost flat on Sunday after volatile trading as investors booked some profits with cautious positioning.Brokers said the market finished flat as a section of investors bagged profit while some others were busy rebalancing portfolio ahead of earnings declarations."Some investors preferred profit booking on stocks that saw substantial gain...

World Investors Week 2018 in October

The securities regulator will observe the 'World Investors Week 2018' in October to create awareness among the general investors.The week will be observed as per the declaration of International Organisation of Securities Commissions (IOSCO), a global cooperative of securities regulatory bodies.During the week, the regulator will arrange seminars, workshops, and...

Bashundhara Paper rules turnover chart for five days

Bashundhara Paper Mills dominated the turnover chart on the Dhaka bourse for five straight sessions on Sunday since its debut on Monday last.Market insiders said the investors showed enthusiasm for the new stock amid short-term speculation. So, it created hype among the investors, they added.The company, a concern of the...

NCC Bank delegation visits Qatar

NCC Bank has taken various initiatives to increase foreign remittance through banking channel, according to a statement. A high-level delegation led by Md. Nurun Newaz Salim, Chairman, and Mosleh Uddin Ahmed, Managing Director & CEO, of NCC Bank recently visited Qatar to increase foreign remittances and explore ways of business...

International Leasing now in "A" category

International Leasing & Financial Services will be placed in "A" category from existing "B" category with effect from today (Monday).The company was placed in "A" category due to its reporting of disbursing 12 per cent stock dividend for the year ended on December 31, 2017, according to a disclosure posted...

Rupali Insurance approves 10pc dividend

The shareholders of Rupali Insurance Company Limited have unanimously approved a dividend of 10 per cent (5.0 per cent cash and 5.0 per cent stock) for the year 2017 as recommended by the board of directors. The approval came at the 30th annual general meeting (AGM) of the company held...

Islami Bank opens 336th branch at Ujirpur

Islami Bank Bangladesh Limited inaugurated its 336th branch at Ujirpur of Barishal on Sunday, according to a statement. Advocate Talukder Md. Yunus, MP of Barishal-2 inaugurated the branch as chief guest. Presided over by Md. Mahbub ul Alam, Managing Director and CEO of the bank, the programme was addressed as...

SIBL invests in APIF, IDB

Social Islami Bank Limited (SIBL) has recently invested in Awqaf Properties Investment Fund (APIF) of Islamic Development Bank (IDB), according to a statement. APIF invests for the development of waqf properties in the member countries of IDB and also in islamic communities of other countries. Social Islami Bank Limited will...

News Briefs--(9-7-2018)

Dhaka Bank marks 23rd anniversaryDhaka Bank Limited celebrated its 23rd anniversary with a series of activities at its corporate office in the city recently. Milad and doa mahfils were held at the corporate office as well as all the branches of the bank. Chairman of the bank Reshadur Rahman was...

DSE/CSE News in Brief (9-7-2018)

DSE NEWSDividend disbursementIFIC Bank Ltd.: The company has informed that it has credited the Bonus shares for the year ended on December 31, 2017 to the respective shareholders' BO accounts on July 8, 2018. The sale proceeds of fraction bonus shares will be processed in due course.Heidelberg Cement Bangladesh Ltd.:...

'Town Hall' meeting attended by Dhaka UCB team

United Commercial Bank Limited (UCB) Managing Director A. E. Abul Muhaimen along with other senior executives seen at a 'Town Hall' meeting attended by Dhaka UCB team in the capital recently

23rd anniversary programme of Dhaka Bank

Chairman of Dhaka Bank Limited Reshadur Rahman, Managing Director and CEO Syed Mahbubur Rahman and others seen at the 23rd anniversary programme of the bank held at its corporate office in the city recently

Mou signing ceremony

Senior Executive Vice President and Head of Channel Banking Division of Bank Asia Sarder Akhter Hamed and Managing Director of DaakBox Asad Ahmed exchanging documents after signing a memorandum of understanding (MoU) on digital financial inclusion for farmers at a function at the Corporate Head Office of Bank Asia in...