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

ACI's growth paradox: A profitable parent, bleeding subsidiaries

ACI has continued expanding into new territories despite its already launched subsidiaries and associate companies weighing heavily on its business and pushing it into the red.In FY25, ACI's standalone profit stood at about Tk 3.99 billion, up 19 per cent from the previous year. However, the company's consolidated income turned...

2025 -- a year of rebound for UCB, says its MD

The significant turnaround of the United Commercial Bank (UCB) from a prolonged liquidity crisis will be a key topic of discussion in the coming days as far as transformation in the banking industry is concerned, said the bank's Managing Director and CEO Mohammad Mamdudur Rashid.In an exclusive interview with The...

BANK ASIA AGENT BANKING MARKS 12TH ANNIVERSARY -

BANK ASIA AGENT BANKING MARKS 12TH ANNIVERSARY Bank Asia Agent Banking celebrated its 12th founding anniversary with a remarkable milestone-bringing 7.5 million customers into the formal financial system. Bank Asia, the pioneer of agent banking in the country, according to a press release, marked the occasion through a series of...

Olympic Industries to acquire stake in proposed firm, buy land in Narayanganj

Leading biscuit maker Olympic Industries has decided to buy land to expand its operations and make a new investment of Tk 2 million in a proposed company.According to a disclosure, the investment will be made in Tripti Industries (proposed) in exchange for 200,000 ordinary shares at a face value of...

DHAKA BANK, ROBI AXIATA LAUNCH CO-BRANDED VISA CREDIT CARDS-

DHAKA BANK, ROBI AXIATA LAUNCH CO-BRANDED VISA CREDIT CARDSDhaka Bank and RobiAxiata launched co-branded credit cards for Robi Elite customers on Monday in Dhaka. The event was graced by Dhaka Bank Managing Director Osman Ershad Faiz, Robi Axiata CEO & Managing Director Ziad Shatara, and VISA Bangladesh Country Manager Sabbir...

PUBALI BANK ACHIEVES PCI-DSS CERTIFICATION-

PUBALI BANK ACHIEVES PCI-DSS CERTIFICATIONPubali Bank has achieved the internationally recognised Payment Card Industry Data Security Standard (PCI-DSS) Certification.The certification was handed over to Pubali Bank Managing Director and Chief Executive Officer Mohammad Ali at the board room of Pubali Bank head office. The ceremony was attended by the bank's...

EBL, ALZHEIMER SOCIETY join hands TO train DEMENTIA CAREGIVERS-

EBL, ALZHEIMER SOCIETY join hands TO train DEMENTIA CAREGIVERSEastern Bank (EBL), in partnership with the Alzheimer Society of Bangladesh (ASB), has launched a scholarship programme for the development of skilled dementia caregivers in Bangladesh under its corporate social responsibility initiative. EBL Company Secretary Md. Abdullah Al Mamun handed over a...

Agrani Bank to upgrade its Islamic core banking platform

Agrani Bank PLC has entered into a strategic agreement with Millennium Information Solution Ltd. to upgrade its Islamic core banking platform from "Ababil" to "Ababil NG (Next Generation)." The agreement was signed by Mahmud Hossain, Managing Director & CEO of Millennium Information, and Salim Reza, Deputy General Manager, Information Technology...

Taskin appointed as 'Face of Walton AC'

Walton, the country's leading air conditioner brand, has officially appointed national cricket team's star pacer, Taskin Ahmed, as the 'Face of Walton AC'. The announcement was made at an agreement signing ceremony held at Walton's corporate office in the capital on Sunday. Cricketer Taskin Ahmed and Senior Executive Director of...

Bengal Islami Life Ins celebrates milestone in premium collection

Bengal Islami Life Insurance Limited achieved the historic milestone of collecting Tk 1.0 billion in premiums in 2025. To mark this achievement, a colourful celebration ceremony was held at the TCB Auditorium in Dhaka recently, with the company's Chief Executive Officer M. M. Monirul Alam in the chair, says a...

Kazi Food Industries holds annual business confce

Kazi Food Industries Limited, a leading food manufacturing company, organised a two-day 'Annual Business Conference 2026' in Cox's Bazar recently.This year, the theme of the conference was 'Innovate. Elevate. Dominate', says a press statement.The event was attended by Kazi Zahedul Hasan, Managing Director of Kazi Farms Group; Kazi Zahin Hasan,...

Techvital launches DIRUI CSM 8000 integrated lab analyser in Ctg

Techvital launched the DIRUI CSM 8000, a fully integrated clinical laboratory analyser, at a hotel in Chottogram on Tuesday. The launch reinforces Techvital's commitment to modern, efficient and affordable diagnostic solutions in Bangladesh, says a press statement.The event was attended by hospital owners, doctors, lab owners and lab technicians from...