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

Tight monetary policy to favour cash-rich listed firms

The central bank's continued tight monetary policy stance for the second half of FY26 is expected to benefit listed companies with cash surpluses, as they are likely to keep earning higher interest income.Equity market participation may improve gradually, as declining yields on government securities and improving liquidity conditions may encourage...

City Insurance posts over 10pc profit growth

City Insurance posted a 10.53 per cent year-on-year increase in profit to Tk 231.76 million in 2025.Its earnings per share (EPS) rose to Tk 3.40 last year from Tk 3.08 in the previous year.The company reported generating a higher volume of business in 2025 compared to earlier years. It also...

BGMEA welcomes Bangladesh-US reciprocal tariff deal

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday welcomed the signing of a reciprocal tariff agreement between Bangladesh and the United States, describing it as a positive development for the country's export-oriented apparel sector, reports BSS.The agreement was signed following nine months of intensive negotiations between the two...

Latif Hasan joins UCB as DMD

M. Latif Hasan joined United Commercial Bank (UCB) as deputy managing director (DMD) and head of structured corporate, according to a press release.Prior to joining UCB, Mr. Hasan served as head of corporate banking at Habib Bank (HBL), Bangladesh. With over three decades of extensive experience in the banking industry,...

Snehashish Barua joins DSE Board as independent director

Snehashish Barua has been appointed as an independent director of the Dhaka Stock Exchange (DSE), reports BSS.The Bangladesh Securities and Exchange Commission (BSEC) approved his appointment on Monday, said a press release on Tuesday.Barua is the founding partner of Snehashish Mahmud & Co. (SMAC), a leading chartered accountancy firm.With over...

IPDC Joyee empowers women with financial and digital skills

IPDC Finance PLC held two capacity development training sessions in Bogura and Rangpur recently under its flagship women empowerment platform, IPDC Joyee, reaffirming its commitment to strengthening women-led enterprises across the country.Organised as part of the IPDC Joyee "Access to Capacity Development" initiative, the sessions focused on financial literacy and...

BRAC BANK OPENS RELOCATED MOTIJHEEL BRANCH

BRAC Bank has relocated its Motijheel branch to spacious new premises with more amenities to provide the "best-in-class" services to its customers. Tareq Refat Ullah Khan, managing director & CEO, BRAC Bank, formally inaugurated the branch at Rupayan Red Crescent Tower, Motijheel on Monday. Sheikh Mohammad Ashfaque, deputy managing director...

PRIME BANK, LIFEPLUS JOIN HANDS TO BOOST ACCESS TO DIGITAL HEALTHCARE

Prime Bank inked a deal with LifePlus Bangladesh, a sister concern of Labaid Group, to expand digital healthcare access for Prime Bank customers through an integrated digital platform. The agreement signing ceremony was held recently at Prime Aspire, Gulshan Avenue, Dhaka. Under this partnership, Prime Bank customers will be able...

SOUTHEAST BANK SIGNS MOU WITH NBIU, RAJSHAHI

Southeast Bank recently signed a memorandum of understanding (MoU) with North Bengal International University (NBIU), Rajshahi, at the bank's head office in Dhaka to introduce its education management system, "SoutheastEduFin." This advanced system is designed to simplify tuition fee collection, strengthen school banking services, and create a modern and efficient...

ISLAMI BANK HOLDS BOARD MEETING -__-

A meeting of the board of directors of Islami Bank Bangladesh PLC was held at Islami Bank Tower on Tuesday. Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Md. Abdus Salam, chairman of the audit committee, Dr. M....

StanChart's shares fall on departure of CFO De Giorgi

Standard Chartered's shares tumbled on Tuesday after the lender said its Chief Financial Officer Diego De Giorgi had left the bank, reports Reuters.The bank's London shares fell 4.1 per cent at the market open while its Hong Kong-listed stock dropped as much as 6.4 per cent before paring losses to...

Foreign investors pull from Asian stocks as AI-driven tech rout spreads

Foreign outflows from Asian stocks rose sharply in the first week of February as South Korea and Taiwan came under pressure from a global selloff in high-growth technology shares on concerns over the hefty AI-related capital spending, reports Reuters.Foreign investors sold a net $9.79 billion worth of stocks in the...