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

Stocks' labels should reflect companies' strength: Listed firms' association

The association of listed companies has demanded that the regulator forgo the existing categorisation of equity-based securities and instead consider features that reflect organisations' real business performance.Bangladesh Association of Publicly Listed Companies (BAPLC) broached the matter at a meeting with the board of directors of the Dhaka Stock Exchange (DSE)...

Portfolio manager's alleged misconduct puts City Bank under regulator's lens

The stock market regulator has uncovered that a portfolio manager at one of the country's largest private commercial banks - City Bank -- misappropriated shares and profited at the expense of his own institution.After detecting unusual transactions in his account between 2023 and 2025, the Bangladesh Securities and Exchange Commission...

Ensuring agri loans is our main goal: BB governor at UCB event

Ensuring support for agricultural entrepreneurs and their access to loans on easy terms is the main goal of the central bank, said Bangladesh Bank Governor Dr. Ahsan H. Mansur at a training programme organised by United Commercial Bank (UCB) on Thursday.He made these remarks while speaking as the chief guest...

Akhteruddin Mahmood joins Bank Asia as DMD & CHRO

Akhteruddin Mahmood joins Bank Asia as deputy managing director (DMD) & chief human resources officer (CHRO), effective from September 14. Mahmood brings with him over 20 years of extensive leadership experience in human resources, spanning both the banking and Fast Moving Consumer Goods (FMCG) sectors, according to a press statement.Prior...

City Bank, Guardian launch first insurance purchase app

For the first time in Bangladesh, City Bank customers can now purchase Guardian Life Insurance Limited policies directly through banking app- Citytouch.The new feature allows customers to browse products, buy policies instantly, and even submit claims, anytime and from anywhere, through the mobile application, according to a press release.Sheikh Rakibul...

Good firms to enter capital market under revised IPO system: DSE chief

DHAKA, Sept 18 (UNB): Dhaka Stock Exchange (DSE) Chairman Mominul Islam on Thursday expressed optimism that good companies will enter the capital market under the revised Initial Public Offering (IPO) system, while weaker ones will be barred.Speaking at a meeting between the DSE and Bangladesh Association of Publicly Listed Companies...

PRIME BANK TO FACILITATE PAYROLL BANKING FOR PROGRESSIVE LIFE INSURANCE

Prime Bank recently signed a payroll banking agreement with Progressive Life Insurance Co. Ltd. The signing ceremony took place at Prime Bank's head office in Gulshan. Under this agreement, Prime Bank will provide a modern, secure and convenient payroll management system for the employees of Progressive Life Insurance Co. Ltd....

Experts call for resilient, healthy and inclusive food systems

The International Food Policy Research Institute (IFPRI), in partnership with the Indian Council of Agricultural Research (ICAR), convened a high-level regional policy dialogue on 'Food Policy for a Changing World: Lessons and Priorities for South Asia' in New Delhi, India, recently. The event also marked the South Asia launch of...

Sonali Bank announces 100-day programme evaluation results

Sonali Bank PLC has revealed the evaluation results of its 100-day special programme, with top performers from various branches and offices recognised for their achievements. MD & CEO Md. Shawkat Ali Khan announced the results at the bank's head office conference room on Thursday. According to the evaluation, the General...

Dhaka Regency launches Tourism Fest

Dhaka Regency Hotel & Resort inaugurated Tourism Fest 2025 on Wednesday, with a 10-day international buffet promotion and a series of special offers aimed at celebrating global cuisine and tourism. The event was launched at the hotel's rooftop restaurant, Grill On The Skyline, with a cake-cutting ceremony attended by Executive...

Automobiles and Agro-Machinery Fair begins tomorrow

A two-day exhibition titled 'Automobiles and Agro-Machinery Fair 2025 - Road to Made in Bangladesh' will kick off in the capital on Saturday, aiming to boost local manufacturing, reduce import dependency, and generate employment in the country's growing industrial sectors.Organised by the Bangladesh Chamber of Industries (BCI), the fair will...

Nvidia bets big on Intel with $5b stake, chip partnership

SAN FRANCISCO, Sept 18 (Reuters): Nvidia said on Thursday it would invest $5 billion in Intel, throwing its heft behind the struggling US chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a massive stake in the company.The stake will instantly make...

Foreigners snap up Asian bonds in August after two-month hiatus

Asian bonds attracted their first monthly foreign inflow in three months in August, as expectations of US Federal Reserve rate cuts to support a cooling labour market boosted demand for higher-yielding emerging markets, reports Reuters.Non-native investors bought Asian bonds worth a net $311 million last month, their first monthly net...

Community Bank signs agreement with Bangladesh Services Limited

Community Bank Bangladesh PLC entered into a strategic partnership agreement with Bangladesh Services Limited. Under this collaboration, Community Bank Credit cardholders will now enjoy exclusive access to the Balaka Executive Lounge at Hazrat Shahjalal International Airport, Dhaka. The agreement was signed by Kimiwa Saddat, Managing Director (Current Charge), Community Bank,...

National Bank holds "Managers' Meet" in Rajshahi

National Bank PLC organised a 'Managers' Meet' in Rajshahi on Wednesday, bringing together 28 branch managers from across the region to review performance and set strategies for future growth. The programme was attended by Adil Chowdhury, Managing Director, as the chief guest, along with Md. Meshkat-Ul-Anwar Khan, Deputy Managing Director...