The stakeholders have moved jointly to bring 'quality' IPOs (initial public offering) for enhancing the depth of the country's capital market.As part of joint move, they will fix a work plan identifying the reasons behind the unwillingness of the companies having good fundamentals to go public.In this regard, the representatives...
Read moreUnilever Bangladesh Limited (UBL) inked a Memorandum of Understanding (MOU) with Standard Chartered Bank to avail the 'Supply Chain Finance' programme - a financing package for the dealers and suppliers of the Bank's corporate clients, said a statement.The programme with UBL is a first-of-its-kind, fully automated financing program, in which...
Read moreStocks witnessed a mild correction on Wednesday, after a single-day break, as some investors booked quick-profit on major sectors.Market analysts said some investors opted for booking profit on stocks that saw significant gain in recent price surge, particularly food, telecommunication and bank issues.A leading broker said investors followed cautious stance...
Read moreRupali Bank Limited (RBL), a state-owned commercial bank (SoCB) has reduced the number of loss-making branches drastically in 2018.According to sources concerned in the bank, RBL has registered a whopping 76 per cent success in reducing the number of loss-making branches across the country."Now we have reduced the number to...
Read moreA delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mohammed Salim FCMA called on Tipu Munshi, MP, Minister, Ministry of Commerce, at his office on Tuesday, according to a statement.ICMAB president updated the Commerce Minister about the overall affairs of the Institute...
Read moreWalton Hi-Tech Industries Limited (WHIL), a sister concern of the country's electronics giant Walton Group, organised a Road Show for eligible investors to raise a fund of Tk 1.00 billion from capital market through initial public offering (IPO) under the book building method, according to a statement.The Road Show was...
Read moreUCB holds annual business confce, 2019Annual Business Conference 2019 of United Commercial Bank Limited was held on Tuesday at Brac CDM, Savar, Dhaka. Minister, Ministry of Land, People's Republic of Bangladesh Saifuzzaman Chowdhury, MP graced the event as Chief Guest. Mohammed Shawkat Jamil, Managing Director of UCB delivered his welcome...
Read moreDSE NEWSDisbursement of dividendR.N. Spinning Mills Ltd.: The bonus shares of the company for the year ended on June 30, 2018 have already been credited to the respective shareholders' BO Accounts on January 14, 2019.Fine Foods Ltd.: The bonus shares of the company for the year ended on June 30,...
Read moreSaifuzzaman Chowdhury, MP, Minister, Ministry of Land, attended as the Chief Guest of Annual Business Conference 2019 of United Commercial Bank Limited, Vice-Chairman Hajee Yunus Ahmed; Chairman of Executive Committee Anisuzzaman Chowdhury, Chairman of Audit Committee, Akhter Matin Chaudhury, Chairman of Risk Management Committee M. A. Sabur and Managing Director...
Read moreA delegation from Bangladesh Leasing and Finance Companies Association (BLFCA) headed by its chairman, Md. Khalilur Rahman, greeting the new Executive Director of Bangladesh Bank Md. Shah Alam with a flower bouquet at the bank's head office. MDs/CEOs of other leading financial institutions also seen
Read moreMohammad Shams-Ul-Islam, Chief Executive Officer and Managing Director of Agrani Bank Ltd addressing as the chief guest at a day-long workshop titled 'Integration of IT Operation Systems with T-24 organised by Agrani Bank Training Institute in Chattogram recently
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