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

Regulator decides against keeping cash dividends idle before AGM

The securities regulator has decided to change the rules tied to the handling of cash dividends paid by listed companies, including banks, aiming to facilitate efficient use of the funds and protect the interest of shareholders. Currently, when a company's board recommends a cash dividend, the equivalent cash must be...

Board of International Leasing restructured again

The board of scam-hit International Leasing and Financial Services (ILFS) has been restructured once again, with seven new independent directors to ensure its smooth operation.The Bangladesh Bank (BB) has appointed seven new independent directors, including chairman, to the non-bank financial institution (NBFI) as per a High Court order, replacing the...

Global investors dump US stocks at record pace, BofA survey says

LONDON, April 15 (Reuters): Global investors have slashed their holdings of US stocks by a record amount in the past two months, a trend that is likely to continue given a record number of managers say they plan to keep cutting their exposure, BofA Global Research said on Tuesday.Respondents to...

NCC BANK SIGNS SUPPLY CHAIN FINANCE AGREEMENT WITH PRAN-RFL GROUP

NCC Bank has recently signed a supply chain finance agreement with PRAN-RFL Group, aiming to strengthen the financial ecosystem for PRAN-RFL's suppliers under SME segment. Through this agreement, suppliers of PRAN-RFL Group will be able to access financing facilities on easy terms to meet their working capital requirements from NCC...

BRAC BANK EMPOWERS EXPATS' FAMILIES THROUGH 'UTHAN BOITHOK'

BRAC Bank hosted an 'Uthan Boithok'-a community-based financial awareness initiative-in Jashore's Bostapotti area, focusing on families dependent on remittances. The event, conducted on Tuesday by the BRAC Bank Rupdia Agent Banking Outlet, brought together over 50 local expatriate families. The session was aimed at promoting greater financial inclusion among rural...

Asian stocks mixed as stability returns, autos lifted by exemption hope

HONG KONG, April 15 (AFP): Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.However, the US president's unorthodox approach to trade diplomacy continues to fuel uncertainty among investors,...