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

DSEX erodes 96 points in five days

Stocks extended the losing streak for the fifth straight session on Wednesday as selling binge continued ahead of national elections.Market insiders said institutional investors mostly followed cautious stance and the deteriorating health of the banking sector have hit investors hard, taking the market in the red zone again."The rising non-performing...

ACI approves 115pc cash, 3.5pc stock div

The 45th Annual General Meeting of Advanced Chemical Industries Limited was held on Wednesday at Officers Club, Baily Road in the city.M. Anis Ud Dowla, Chairman of the Company, presided over the meeting, said a statement. The AGM approved 115 per cent cash and 3.5 per cent stock dividend for...

NRB engineers' confce in Dhaka in February

'Bridge to Bangladesh' is set to organise a conference of Non Resident Bangladeshi (NRB) engineers, the first of its kind in the history of Bangladesh, in Dhaka in upcoming February, said a statement.The announcement came from a press conference, convened by Engineer Azadul Haque, chairman of Bridge to Bangladesh, recently...

Two cos' share price soaring sans PSI

The share prices of two low-cap companies - Anlima Yarn Dyeing and Alltex Industries - are soaring without having any undisclosed price sensitive information.Within two trading days, share price of Anlima Yarn jumped about 20 per cent to close at Tk 40.40 on Wednesday. The company's share price was Tk...

News Briefs (13-12-2018)

Bank Asia, bKash sign MoU Bank Asia and bKash signed an agreement on Instant Fund Transfer Facility for their customers recently. Mr. Md. Arfan Ali, President & Managing Director of Bank Asia and Mr. Kamal Quadir, CEO of bKash exchanged the agreement after signing it on behalf of respective sides...

DSE/CSE News in Brief (13-12-2018)

DSE NEWSDisbursement of dividend Dragon Sweater and Spinning Limited: The company has informed that it has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders bank accounts through BEFTN.Resumption of tradingKeya Cosmetics Ltd.: Trading of the shares of the company will resume today...

Mohammed Shawkat Jamil inaugurating 187th Kashinathpur branch

Mohammed Shawkat Jamil, Managing Director of United Commercial Bank Limited, inaugurating the 187th Kashinathpur branch on Wednesday

Md. Nurun Newaz Salim inaugurating 116th branch of NCC Bank at Kachpur

Md. Nurun Newaz Salim, Chairman of NCC Bank, formally inaugurating the 116th branch of the bank at Kachpur, Narayanganj on Wednesday. Mosleh Uddin Ahmed, Managing Director & CEO and Khairul Alam Chaklader, director & former vice-chairman graced the occasion as special guest.

A K Azad inaugurating 120th branch of SJIBL at Sadarpur

A K Azad, Director of Shahjalal Islami Bank Limited (SJIBL), inaugurating the 120th branch of the bank as chief guest at Sadarpur in Faridpur recently where M. Shahidul Islam, Managing Director & CEO of the bank, was present

Choudhury Moshtaq Ahmed inaugurating 200th branch of National Bank at Ganganagar

Choudhury Moshtaq Ahmed, Managing Director of National Bank Limited, inaugurating the 200th branch of the bank as the chief guest at Ganganagar, Shariatpur recently

Officials of LBFL and MetLife Bangladesh exchanging documents after signing a MoU

Officials of LankaBangla Finance Limited (LBFL) and MetLife Bangladesh, exchanging documents after signing a MoU on behalf of their respective organisations. Khurshed Alam, SEVP & Head of Retail Finance of LankaBangla Finance, Md. Jafar Sadeque Chowdhury, Chief Distribution Officer of MetLife Bangladesh and Muhammad Asif Shams, Director of MetLife signed...