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

LafargeHolcim profit surges 34pc despite construction slowdown

LafargeHolcim Bangladesh, a leading multinational cement producer, posted a 34 per cent year-on-year growth in profit for the full year 2025, driven by higher sales volumes of premium cement products and solid expansion in its aggregates business. The multinational cement producer reported a profit after tax of Tk 5.11 billion...

Paramount Ins posts slight fall in profit, declares 10pc cash dividend

Paramount Insurance PLC reported a marginal decline in profit for 2025, as higher operating expenses and subdued premium income weighed on earnings amid persistent macroeconomic headwinds.According to a disclosure filed with the Dhaka Stock Exchange (DSE) on Wednesday, the general insurer's profit fell 2 per cent year-on-year to Tk 89...

IIFC HOLDS 26TH ANNUAL GENERAL MEETING

The 26th Annual General Meeting (AGM) of Infrastructure Investment Facilitation Company (IIFC) was held at the IIFC Conference Room in Dhaka on Monday, with Md Shahriar Kader Siddiky, Chairman, IIFC, and Secretary, Economic Relations Division, Ministry of Finance; in the chair. Md Fahimul Islam, Secretary, Ministry of Railways; Mohammad Abdur...

EBL PARTNERS WITH FRIENDSHIP TO EXPAND HEALTHCARE SERVICES

Eastern Bank PLC (EBL), as part of its CSR initiatives, has partnered with Friendship, a leading NGO, to expand access to essential healthcare and safe drinking water for vulnerable communities across the country. An MoU was signed between the two organisations in this regard at EBL's head office in Dhaka...

MODHUMOTI BANK CELEBRATES INTERNATIONAL WOMEN'S DAY

Modhumoti Bank PLC celebrated the International Women's Day 2026 at the bank's Head Office in Dhaka on Sunday. Md Shafiul Azam, Managing Director & Chief Executive Officer of the bank, inaugurated the programme as the chief guest. Shahnawaj Chowdhury, Additional Managing Director; Arab Fazlur Rahman, Deputy Managing Director & Chief...

CITIZENS BANK SIGNS AGREEMENT WITH BANGLADESH RURAL ELECTRIFICATION BOARD

Citizens Bank PLC has signed an agreement with the Bangladesh Rural Electrification Board (BREB) at BREB Head Office in Dhaka recently. Md. Mostafizur Rahman, Deputy Managing Director of Citizens Bank, and Md Masud Parvez, Director (Finance), Directorate of Financial Monitoring (Northern Region) of BREB, signed the agreement in the presence...

AL-ARAFAH ISLAMI BANK HOLDS 454TH BOARD MEETING

The 454th board meeting of Al-Arafah Islami Bank PLC was held on Wednesday at the bank's Head Office. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were taken at the meeting. Directors of...

Dubai drags Gulf markets lower as Iran war weighs

Most Gulf equities erased early advances to finish lower on Wednesday, led by a sharp decline in Dubai, as investors stayed cautious over inflation and growth risks stemming from the US-Israeli war against Iran, reports Reuters.The US and Israel launched what the Pentagon and sources in Iran described as the...

Asia stocks rise but oil resumes gains amid IEA supply report

HONG KONG, March 11 (AFP): Asian equities rose Wednesday while oil resumed its gains as traders weighed growing supply concerns against a report that the International Energy Agency was considering the release of a record amount of its reserves.The crude market has been hit by wild volatility since the United...

Financial institutions to play bigger role in Indian private equity: TVS Capital

MUMBAI, March 11 (Reuters) Financial institutions, including insurers and pension funds, are likely to play a bigger role in India's private equity market as policy support for long-term domestic capital gathers pace, a top executive at TVS Capital Funds said.Domestic investors accounted for 52.7 per cent of capital in India's...