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

Premier Cement witnesses steady turnover growth in last five years

Premier Cement Mills has displayed a mixed trend in net income in last five years despite a steady growth observed in the company's turnover values during the period.Officials at the company said their net profits sometimes failed to keep pace with the upward trend of turnover due to reasons, including...

Southeast Bank Limited's Head of International Division Syed Faisal Omar

Southeast Bank Limited's Head of International Division Syed Faisal Omar and Rupali Life Insurance Company Ltd's Managing Director & CEO Md. Golam Kibria, MBA signed a MoU on behalf of their respective organisations on premium collection. Photo shows the MoU documents being exchanged at a ceremony recently

Southeast Bank, Rupali Life Ins sign deal

Southeast Bank Limited signed a Memorandum of Understanding (MoU) with Rupali Life Insurance Company Ltd. on "Premium Collection" in the capital recently. Syed Faisal Omar, Head of International Division, Southeast Bank Limited, and Md. Golam Kibria, MBA, Managing Director & CEO of Rupali Life Insurance Company Ltd, signed the MoU...

IDLC Investments to act as issue manager for Super Star IPO

Super Star Electrical Accessories Limited, a concern of Super Star Group, has recently signed an issue management agreement with IDLC Investments Limited to raise capital through initial public offering (IPO), according to a statement.The company manufactures and markets electrical accessories like switches, sockets, energy meters, and circuit breakers. Along with...

BRAC Bank provides scholarships to DU students

BRAC Bank Limited has provided scholarships to the meritorious students of Dhaka University's Business Studies Faculty recently, according to a statement. As part of the corporate social responsibility, the scholarships have been awarded to 80 talented students of the faculty.Deputy Managing Director & CRO of BRAC Bank Limited Chowdhury Akhtar...

NSE receives approval from US derivatives regulator CFTC to sell products

MUMBAI, May 19 (Business Standard): India's National Stock Exchange (NSE) has received approval from the US derivatives regulator, Commodity Futures Trading Commission (CFTC), to sell its products to US-based investors.The US equity and commodity derivatives are regulated by CFTC and institutional investors based in the US are allowed to invest...

SIBL opens 72nd agent banking unit in Kushita

Social Islami Bank Limited (SIBL) has opened its 72nd agent banking unit at Bheramara, Kushita recently, according to a statement.Managing Director & CEO of the bank Quazi Osman Ali has formally inaugurated the agent banking unit as the chief guest. The programme was presided over by Anwarul Azim Ex-headmaster of...

DSE/CSE News in Brief (20-5-2018)

DSE NEWSResumption of tradingDelta Life Insurance Company Ltd.: Trading of the shares of the company will resume today (Sunday) after record date.Asia Insurance Limited: Trading of the shares of the company will resume today (Sunday) after record date.Bangladesh National Insurance Company Limited: Trading of the shares of the company will...