Should IPO proceeds go toward bank loans? BSEC faces growing demand
The securities regulator is under renewed pressure to allow companies to repay bank loans with IPO proceeds. Experts suggest this permission should be granted if the borrowing was undertaken for business growth. Otherwise, there is a risk of misappropriating public funds, as was the case with depositors' funds that banks...
Read more
BANK ASIA CELEBRATES RECORD NET DEPOSIT GROWTH -
BANK ASIA CELEBRATES RECORD NET DEPOSIT GROWTH Bank Asia PLC has recorded an impressive milestone by achieving a net deposit growth of Tk 68 billion (Tk 6,800 crore) during the first half (January-June) of 2026, reflecting strong customer confidence and the bank's continued commitment to sustainable growth. To celebrate this...
Read more
BSEC turns to digital authorisation, AI surveillance to curb broker fraud
The securities regulator is set to introduce a secure digital authorisation system for investors and tighten oversight of brokerage houses through regular risk-based audits to strengthen investor protection.Bangladesh Securities and Exchange Commission (BSEC) Chairman Masud Khan announced the measures on Saturday, saying the commission is implementing a series of reforms...
Read more
CITIZENS BANK SIGNS AGREEMENT WITH DESCO-
CITIZENS BANK SIGNS AGREEMENT WITH DESCOCitizens Bank PLC recently signed an agreement with the Dhaka Electricity Supply PLC (DESCO) at DESCO Head Office in Dhaka. Md. Mostafizur Rahman, Deputy Managing Director of Citizens Bank, and S. M Shah Sultan, Superintend Engineer (Company Secretary) of DESCO, signed the agreement in presence...
Read more
Bond market needs strengthening to accommodate sustainable bonds: BSEC chief
Bangladesh must first establish a functional conventional bond market before expanding into sustainable bonds, as raising funds through bonds remains more costly and time-consuming than borrowing from banks, said the chief of the securities regulator.Speaking at the Sustainability Summit 2026 in Dhaka, Bangladesh Securities and Exchange Commission (BSEC) Chairman Masud...
Read more
Liakat Ali new vice chairman of Al-Arafah Islami Bank
Liakat Ali Chowdhury has been elected as the vice chairman of the Board of Directors of Al-Arafah Islami Bank PLC. He was unanimously elected at the 464th (emergency) meeting of the Board of Directors on Thursday, says a press statement.Mr Chowdhury is a distinguished industrialist in Bangladesh's ship-breaking sector and...
Read more
