Rupali Bank sinks into hefty Q1 loss on bad loans
Rupali Bank reported hefty losses for the first quarter through March this year, hit hard by mounting non-performing loans, which led to negative net interest income amid rising fund costs.The lone listed state-run lender incurred a consolidated loss of Tk 3.96 billion in the January-March quarter this year, compared to...
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Another BB attempt to salvage ICB Islamic Bank
The Bangladesh Bank has reconstituted the board of ICB Islamic Bank by appointing three independent directors in a fresh move to strengthen governance and oversight at the struggling lender.The central bank issued the directive through a letter last week, the bank said in a regulatory filing on Monday.The newly appointed...
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NCC Bank marks 33rd anniversary with focus on Shariah transition, sustainable growth-
NCC Bank marks 33rd anniversary with focus on Shariah transition, sustainable growthNCC Bank celebrated its 33rd founding anniversary on May 17, reaffirming its commitment to sustainable banking, customer trust and innovation. The leadership highlighted the bank’s progress over the past 33 years and outlined future plans, including a gradual transition...
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Stock trading to continue on weekend ahead of Eid holidays
Trading on the country’s stock exchanges will continue on Saturday and Sunday (May 23 and May 24), in line with a government directive regarding revised office schedules ahead of the upcoming Eid-ul-Azha holidays.The Dhaka Stock Exchange and Chittagong Stock Exchange announced the decision on Monday, saying trading and office activities...
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PUBALI BANK OPENS SUST ELECTRONIC BANKING BOOTH --
PUBALI BANK OPENS SUST ELECTRONIC BANKING BOOTH Pubali Bank PLC has recently inaugurated the 'SUST Electronic Banking Booth' and handed over two buses to Shahjalal University of Science and Technology (SUST), Sylhet to facilitate improved transportation services for students. The inauguration and bus handover ceremony was held at the Mini...
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Stocks lose over 2pc in 13 sessions, with eyes on budget for momentum
FE ReportThe Dhaka bourse's broad index fell 2.15 per cent over 13 sessions alongside declining turnover.Investors, lacking momentum for long-term positions, remain cautious - a sluggish trend expected to persist until the national budget is unveiled on June 11.Market operators said there is no good news from the macroeconomy for...
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UCB reports strong growth in green, sustainable finance
United Commercial Bank (UCB) reported a significant rise in its green and sustainable financing portfolio in the first quarter of 2026, reflecting the bank’s growing focus on climate-resilient banking and ESG-driven investments.According to UCB’s Sustainability Finance Dashboard, green finance disbursement stood at Tk 718 million during the January-March quarter, accounting...
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DSE, BRAC EPL sign deal to handle country's first orange bond subscription
Dhaka Stock Exchange PLC (DSE) and BRAC EPL Investments Limited signed an agreement on Monday to facilitate electronic subscription of the Sajida Orange Zero-Coupon Bond through DSE's Electronic Subscription System (ESS), marking the first private bond to be offered through the platform to eligible investors, reports UNB.Subscription for the bond...
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SHAHJALAL ISLAMI BANK HOLDS 918TH EC MEETING --
SHAHJALAL ISLAMI BANK HOLDS 918TH EC MEETING The 918th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the bank's Corporate Head Office in Dhaka recently. The meeting was presided over by Committee Chairman Md. Sanaullah Shahid. Members of the committee discussed various...
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AL-ARAFAH ISLAMI BANK HOLDS MEETING ON AGENT BANKING -
AL-ARAFAH ISLAMI BANK HOLDS MEETING ON AGENT BANKING Al-Arafah Islami Bank PLC, one of the leading Shariah-based banks in the country, organised a discussion and courtyard session in Cumilla with the participation of owners of 27 agent outlets, managers of four link branches, outlet managers and selected customers. Deputy Managing...
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Gulf equities tumble as drone strike hits UAE nuclear plant
Gulf stocks fell in early trade on Monday after a nuclear power plant in the United Arab Emirates came under attack, and Saudi Arabia said it had intercepted three drones, reports Reuters.The UAE's defence ministry said it was investigating the source of the strike and had intercepted two drones, while...
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CMA BANGLADESH TIGERS TOASTMASTERS CLUB CELEBRATES 14TH ANNIVERSARY
CMA BANGLADESH TIGERS TOASTMASTERS CLUB CELEBRATES 14TH ANNIVERSARY The Institute of Cost and Management Accountants of Bangladesh (ICMAB), in collaboration with the CMA Bangladesh Tigers Toastmasters Club, the first Toastmasters Club of Bangladesh, celebrated the 14th anniversary of the club at the ICMAB Ruhul Quddus Auditorium in Dhaka on Friday....
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Investors bet on stability after Trump-Xi summit as Iran war concerns linger
SINGAPORE, May 18 (Reuters): The focus on "strategic stability" during a summit between US President Donald Trump and China's Xi Jinping will ease Sino-American geopolitical risks for Chinese markets, but little progress on trade and the Iran war will keep investor enthusiasm in check.Trump's first visit to Beijing since 2017...
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