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

BAPLC urges BSEC to remove listing hurdles, simplify procedures

The association of publicly listed companies has urged the stock market regulator to remove longstanding obstacles to new listings and simplify regulatory procedures, saying such measures are essential to attract quality companies to the secondary market.The call came during a meeting between the Bangladesh Association of Publicly Listed Companies (BAPLC)...

Junk stock Regent Textile's suspicious rally under probe

The securities regulator has ordered a probe into the recent abnormal price movement and trading volume of Regent Textile Mills Limited, a junk stock on the Dhaka Stock Exchange (DSE).The premier bourse has been given 30 working days from the issuance of the order on Wednesday to submit a comprehensive...

New IDRA chief vows to overhaul insurance sector

Newly appointed Chairman of the insurance regulator Mir Nadia Nivin has pledged to modernise Bangladesh's insurance sector through stronger governance and the introduction of risk-based supervision aimed at bringing the industry in line with international standards.Ms Nivin, the first woman to lead the Insurance Development and Regulatory Authority (IDRA), formally...

SOUTHEAST BANK OBSERVED WORLD ENVIRONMENT DAY

Southeast Bank observed World Environment Day 2026 themed "Green Banking for a Resilient Bangladesh" through a series of nationwide programmes aimed at promoting environmental awareness and conservation. Speaking on the occasion, Md. Khalid Mahmood Khan, managing director & CEO, emphasised the importance of environmental conservation and the bank's ongoing efforts...

MERCANTILE BANK RECEIVES CERTIFICATE FOR EMPLOYMENT GENERATION

Mercantile Bank has recently been awarded a certificate by Bangladesh Bank (BB) for its significant contribution to inclusive finance and enterprise development. This recognition was presented under the "Supporting Post-COVID-19 Small-Scale Employment Creation Project (SPSSECP)" implemented by BB with funding from the Asian Development Bank (ADB), according to a press...

BRAC BANK CUSTOMERS TO ENJOY BENEFITS AT MULTIBRAND WORKSHOP

BRAC Bank has entered into a partnership with WORKSHOP, one of the country's premium automobile service centres, to offer exclusive benefits to its premium banking customers and selected credit cardholders. Under the partnership, customers and selected credit cardholders will enjoy up to 30 per cent discount on pre-purchase inspection and...

Prime Bank reaffirms financial strength with highest AAA and ST-1 ratings

Prime Bank has retained the highest credit ratings of AAA (Triple A) for long-term and ST-1 for short-term creditworthiness from the Credit Rating Agency of Bangladesh Limited (CRAB), reaffirming the bank's strong financial fundamentals, prudent risk management and sustained business performance for another year, according to a press release.The AAA...

India's long-delayed NSE IPO sets up $2.6 billion windfall for top investors

MUMBAI, June 18 (Reuters): Investors from Indian state-owned lenders to Singapore's sovereign wealth fund and Canada's national pension manager are set to reap a $2.6 billion windfall as India's National Stock Exchange (NSE) moves ahead with a long-awaited listing.NSE - the country's largest bourse and the world's most active derivatives...

SPACs are back, thanks to Wall Street's mega-IPO frenzy

SPACs are making a comeback. A flood of expected blockbuster IPOs this year is creating an opening for SPACs as smaller companies seek to capitalize on a favorable market without having to compete for investor attention against the likes of SpaceX, Anthropic and OpenAI, according to Reuters.That is giving blank-check...

ICAB launches 'Coffee Table Book'

The Institute of Chartered Accountants of Bangladesh (ICAB) launched its much-anticipated Coffee Table Book at a ceremony held at the ICAB Auditorium at CA Bhaban in Dhaka on Wednesday.ICAB President N K A Mobin formally unveiled the cover of the 'ICAB Coffee Table Book: Legacy in Motion', a landmark publication...