Regulator urges compensation for shareholders before NBFI liquidation
The securities regulator has sought a compensation package for investors before delisting the non-bank financial institutions (NBFIs) that are set to be liquidated.A committee from the Bangladesh Securities and Exchange Commission (BSEC) met representatives of the central bank a few days before the 13th national election and handed over a...
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Stocks extend slide as investors await policy signals from new govt
Stocks plunged for another session on Wednesday as investors cautiously assessed the potential policy direction and regulatory environment under the newly elected government.The BNP-led government formed after oath-taking on Tuesday is yet to disclose any work plan regarding the capital market, said Akramul Alam, head of research at Royal Capital."Perhaps...
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'Global euro' may have to come with some FX lift
LONDON, Feb 18 (Reuters): As American and European policymakers know well, global currency dominance and exchange rate movement are different things. But there's a decent argument that Europe's push to widen euro usage necessarily involves some revaluation of the single currency.As Transatlantic ties fray and European Commission President Ursula von...
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PRIME BANK OFFERS EXCLUSIVE B1G1 AT HYATT PLACE DHAKA UTTARA
Prime Bank has signed a strategic partnership agreement with Hyatt Place Dhaka Uttara to offer an exclusive deal including buy one get one (B1G1) offer. A signing ceremony was recently held at Hyatt Place Dhaka Uttara in this regard. Under this agreement, Prime Bank's Visa and Mastercard cardholders will enjoy...
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SOUTHEAST BANK WINS 'J.P. MORGAN'S AWARD'
Southeast Bank has won "The 2025 U.S. Dollar Clearing Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class" of J.P. Morgan Chase Bank, N.A., the largest bank in the United States. The ceremony was graced by Southeast Bank Chairman MA Kashem as chief guest. Managing Director and CEO Md. Khalid...
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NCC BANK INKS DEAL WITH UNISOFT SYSTEMS FOR DIGITAl LOANS
NCC Bank has formally launched its digital loan management system (DLMS) across all branches. The solution has been designed and implemented by Unisoft Systems Limited, a leading technology service provider. The official agreement signing ceremony was recently held at the bank's head office. M. Khurshed Alam, additional managing director of...
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CITIZENS BANK OPENS LOHAGARA BRANCH
Citizens Bank Managing Director Alamgir Hossain has formally inaugurated Lohagara branch in Chattogram as chief guest. Lohagara Upazila Nirbahi Officer Md. Saiful Islam was present at the event as special guest. Speaking on the occasion, the chief guest highlighted that the new branch will deliver a comprehensive range of banking...
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Asian shares rise
TOKYO, Feb 18 (AFP): Asian stocks mostly rose Wednesday, while the oil market was cautious after prices dropped in the wake of Tehran's upbeat response during talks with US officials on Iran's nuclear programme.Tokyo ended up 1.0 percent after Washington announced a first tranche of investments by Japan out of...
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MEP GROUP HOLDS ANNUAL BUSINESS PLAN MEETING
MEP Group recently held its Annual Business Plan 2026 meeting. The event was attended by MEP Group Director Shokil Alam Chakladar, Assistant Director & CFO James Tutul Mondal, Senior General Sales Manager S. M. Habibur Rahman, and other senior officials. Discussions focused on future plans, with emphasis on sales growth,...
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Europe's STOXX 600 hits record high on earnings boost
The STOXX 600 rose 0.8 per cent to hit a record high on Wednesday as defence and banking shares gained while investors assessed corporate updates and reports of leadership changes at the European Central Bank, reports Reuters.The pan-European index was trading at626.36 points by 0945 GMT, with all major regional...
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Major Gulf markets gain
Major Gulf stock markets rose in early trade on Wednesday after Iran touted progress in nuclear negotiations with the United States, reports Reuters.Iran's foreign minister said, after talks in Geneva on Tuesday, Tehran and Washington had reached an understanding on the main "guiding principles" for resolving their longstanding nuclear dispute...
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