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

Twelve sectors end lower, seven higher

FE ReportMost of the sectors saw price correction last week with banking, financial institutions and telecommunication sectors suffering most as investors sold December-ending stocks.Of the 19 sectors listed with the Dhaka Stock Exchange, the market-cap of 12 sectors closed lower while seven others managed to end higher, according to weekly...

Mercantile Bank Limited (MBL) Chairman A.K.M. Shaheed Reza, Executive Committee Chairman

Mercantile Bank Limited (MBL) Chairman A.K.M. Shaheed Reza, Executive Committee Chairman Akram Hossain (Humayun) and Managing Director & CEO Kazi Masihur Rahman, among others, posing for a photograph with the meritorious children of MBL families who received scholarships from the bank at a function in the capital on Saturday

BDBL seeks fresh funds to expand credit operation

Bangladesh Development Bank Ltd (BDBL) has sought fresh funds worth Tk 1.0 billion from the government to expand its credit operation across the country, officials concerned said.Managing Director of the state-run bank Manjur Ahmed in a letter sent to the finance ministry on September 12 made the request for financial...

Managing Director & CEO of Rupali Bank Ltd Ataur Rahman Prodhan

Managing Director & CEO of Rupali Bank Ltd Ataur Rahman Prodhan seen in the signing ceremony of an agreement between the bank and Impel Service and Solution (ISSL) under which the bank will offer 24-hour call centre facility to its mobile phone clients. ISSL managing director Mohd Aminul Huq was...

Mercantile Bank awards scholarships

Mercantile Bank Limited (MBL) awarded scholarships to the meritorious children of the MBL families at a programme in the capital on Saturday. Chairman of the bank A.K.M. Shaheed Reza distributed cheques and certificates among the students as chief guest, chaired by Kazi Masihur Rahman, MD & CEO of the bank....

Banks' market cap falls 9.0pc in two weeks amid price correction

FE ReportThe share prices of listed banks witnessed correction amid increased turnover recently on the Dhaka Stock Exchange (DSE).Following the price correction, the market capitalisation of the banks declined by 9.0 per cent or above Tk 56.4 billion in last 13 working days.On August 28 last, market capitalisation of the...

Senior executives of NRBC Bank posing for a photograph at a half- yearly Managers

Senior executives of NRBC Bank posing for a photograph at a half- yearly Managers' Conference of the bank at a city hotel on Saturday. Chairman of the bank Tamal S M Parvez inaugurated the conference with Managing Director & CEO Khondoker Rashed Maqsood in the chair

Experts list causes of concerns over construction work safety

FE ReportLack of monitoring from the regulators, builders' greed for money, and absence of proper awareness of the stakeholders are the main reasons for the accidents in the construction sector of Bangladesh that employs 3.5 million people, said experts on Saturday.Addressing a dialogue on 'improving safety in construction sector,' organised...

President of the Institute of Chartered Secretaries of Bangladesh

President of the Institute of Chartered Secretaries of Bangladesh (ICSB) Mohammad Sanaullah FCS along with Vice President Md. Selim Reza FCS, Past President & Council Member of the ICSB Itrat Husain FCS presenting a bouquet to Law, Justice and Parliamentary Affairs Minister Anisul Huq as the ICSB delegation called on...