Central bank to overhaul tax certificate rule for foreign investors
The central bank has assured the prime bourse that the requirement for foreign investors to obtain a tax certificate after each executed sale order will be withdrawn to help attract overseas investment to the equity market.DSE officials and brokers said the existing policy hinders the reinvestment of foreign funds that...
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IPDC Finance posts strong 79pc profit growth in Q1
IPDC Finance reported a robust 79 per cent year-on-year growth in profit to Tk 65 million in the January-March quarter this year, driven by higher net interest income, strong investment earnings, and disciplined cost management.The non-bank financial institution's earnings per share (EPS) rose to Tk 0.16 in the first quarter...
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Southeast Bank eyes world-class banking through digital shift
Southeast Bank PLC has intensified efforts to take its banking services to global standards by further empowering its customers and riding on digital transformation.To achieve the goal, the second-generation commercial bank that began its operation in 1995 continues to invest in cutting-edge technology, rebalance its investment portfolios and deposit mix,...
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DBH Finance posts lower annual profit, retains dividend payout
DBH Finance has recommended a 15 per cent cash dividend for the year ended December 2025, maintaining a steady payout despite a marginal decline in annual profit.The leading non-bank financial institution (NBFI), which exclusively focuses on home loans, reported a profit of Tk 951 million for the year, down from...
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