Negative margin assets risk market pressure during NBFI liquidation
The negative margin accounts of subsidiaries of non-bank financial institutions (NBFIs) slated for liquidation should be settled through liquidators to avoid potential selling pressure on the equity market, experts said.The recommendation comes after the Bangladesh Bank proposed the liquidation of nine NBFIs, one of which is non-listed. Together, the institutions...
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Apex launches Venturini featuring fashion icon Nobel
Apex has launched Venturini, its premium lifestyle brand with 25 years of expertise in leather shoes, featuring Bangladeshi fashion icon Nobel, according to a press release.The collaboration marks Nobel's return to the spotlight, complementing Venturini's refined design philosophy and craftsmanship. The partnership highlights legacy, elegance, and over two decades of...
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Prime Bank launches awareness event to drive net zero transition in RMG sector
Prime Bank hosts its first customer awareness session on carbon accounting, net zero pathways and sustainability reporting for RMG and textile clients at its head office in the capital on December 13. Additional Managing Director & Chief Business Officer Faisal Rahman and Deputy Managing Director & Chief Risk Officer Md....
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Midland Bank inaugurates Saidpur sub-branch
Md. Ahsan-uz Zaman, managing director & CEO of Midland Bank, inaugurates the Saidpur sub-branch at Sahid Dr. Zikrul Haque Plaza in Nilphamari on December 11 in the presence of senior bank officials, customers and local dignitaries.
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