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

Stocks end lower as bank shares plunge

Stocks finished marginally lower on Monday as risk-averse investors booked some profits on sector-specific stocks.However, the daily turnover exceeded Tk 9.0 billion-mark and stood at Tk 9.01 billion on the country's premier bourse once again against Tk 8.92 billion on the previous day.It was the second highest single-day transaction in...

Southeast Bank, Daraz ink deal

Southeast Bank Limited has signed an agreement with Daraz Bangladesh Limited for 'Online Payment Processing' and 'Equal Monthly Installment (EMI) Plan'.Customers of Daraz Bangladesh Limited would be able to make online payment for purchases using Visa and Mastercard debit, credit and prepaid cards through the bank's payment gateway from home...

President of Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) Ms. Nihad Kabir inaugurating

President of Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) Ms. Nihad Kabir inaugurating the new office room of the chamber's Certificate of Origin (CO) section at the ground floor of Chamber Building at Motijheel in the capital on Monday

News Briefs--(10-7-2018)

MTB, Fintech sign dealMutual Trust Bank Limited (MTB) recently signed an agreement with Fintech Innovations International DMCC, UAE at a ceremony at MTB Centre, the bank's corporate head office at Gulshan in the capital. Fintech President & CMO Sumit Kumar Roy and Head of MTB International Trade Services Division (MITS)...

Esquire Knit's share bidding starts

The bidding for shares of Esquire Knit Composite Limited (EKCL) by the eligible investors started on Monday for discovering the cut-off price.Esquire Knit Composite, a unit of Esquire Group, will raise a capital worth Tk 1.50 billion from the capital market under the book building method for its business expansion.The...

Pubali Bank holds foundation training for officers

A course on 'Foundation Training for Senior Officers & Officers' organised by Pubali Bank Training Institute was held recently, according to a statement. Managing Director of Pubali Bank Limited Md. Abdul Halim Chowdhury was present on the occasion as the chief guest in the inaugural ceremony. Niranjan Chandra Gope, Principal...

DMCB opens 128th Mathbaria branch

The Dhaka Mercantile Co-operative Bank Limited (DMCB) inaugurated its 128th branch at Mathbaria Upazila of Pirojpur district recently, according to a statement. The branch was formally inaugurated by Chairman of DMCB Group Captain (Retd.) Abu Zafar Chowdhury, GD(P), Psc. The chairman said the main aim of the DMCB is to...

Premier Bank gets new DMD

Md. Abdul Hai Premier Bank Limited has appointed Md. Abdul Hai as the deputy managing director (DMD), according to a statement.He started his career with Janata Bank as officer and later worked for UCBL as vice president. Mr. Hai joined Premier Bank in 1999. He acquired 39 years of experience...

DSE/CSE News in Brief (10-7-2018)

DSE NEWSRecommendation of dividendJanata Insurance Company Limited: The company has recommended 5.0 per cent stock dividend for the year ended on December 31, 2017. The AGM will be held on September 04, 2018. The time and venue of the AGM will be notified later on. The record date is on...

Md. Mehmood Husain inaugurating NRB Bank GEC Moor Branch

Managing Director & CEO of NRB Bank Limited Md. Mehmood Husain inaugurating the bank's GEC Moor Branch in its new location and new name at 863/B, O. R Nizam Road, Chattogram as O. R. Nizam Road Branch recently with Chief Operating Officer of NRB Bank Imran Ahmed, FCA and Head...