Latest high-profile meeting fails to make progress on new listings
Last week's much-hyped meeting on the listing of state-run and multinational companies delivered little beyond a renewed reminder of the government's intent to their top management.Despite Finance Adviser Dr Salehuddin Ahmed's claim that 10 companies had agreed to offload shares, meeting participants told The FE in recent telephone conversations that...
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METLIFE INVESTS TK500M IN BD'S FIRST-EVER SOCIAL BOND BY BRAC BANK--
METLIFE INVESTS TK500M IN BD'S FIRST-EVER SOCIAL BOND BY BRAC BANKMetLife Bangladesh has invested Tk 500 million in the country's first-ever social bond issued by BRAC Bank. The proceeds from this bond will be directed toward sectors, including women-led MSMEs, affordable housing, healthcare, agriculture, climate risk mitigation and resilience projects....
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Gulzar Ahmed elected as vice chairman, Standard Bank
Gulzar Ahmed, director of Standard Bank, and head of the country's renowned jewellery company Apan Jewellers, has been elected as the vice chairman of the bank at the 421st meeting of the board of directors of Standard Bank, held recently, according to a press release.Gulzar Ahmed was born in a...
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EASTERN BANK LAUNCHES VISA SME CREDIT CARD
EASTERN BANK LAUNCHES VISA SME CREDIT CARDEastern Bank has launched dual-currency Visa SME credit card, designed exclusively for sole proprietorship business loan customers. M. Khorshed Anowar, deputy managing director and head of retail and SME banking, and Tasnim Hussain, head of cards from EBL; Sabbir Ahmed, country manager, Bangladesh, Nepal...
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CITIZENS BANK INKS DEAL WITH TITAS GAS -
CITIZENS BANK INKS DEAL WITH TITAS GAS Citizens Bank signed an agreement with Titas Gas Transmission and Distribution at Titas Bhaban, Karwan Bazar, Dhaka, recently. Citizens Bank will collect gas bills and demand notes from customers under the domestic (metered and non-metered), industrial, commercial, CNG, captive, and power categories. Alamgir...
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