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

Bank interest rate cut news spurs stock prices

FE ReportStock ended higher on Wednesday with increased trading activities, spurred by news that the deposit and lending rates of the banks would be slashed.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,384, soaring nearly 40 points or 0.74 per cent over the previous session.Market insiders...

ICCB President Mahbub off to Paris

International Chamber of Commerce (ICC) - Bangladesh President Mahbubur Rahman left Dhaka for Paris, France on Wednesday.He is scheduled to join the ICC World Council meeting and a meeting of Permanent Heads of National Committees to be held in Paris on Wednesday and Thursday. He is also expected to join...

Leaders of Bangladesh Association of Banks

Leaders of Bangladesh Association of Banks (BAB) seen with Prime Minister Sheikh Hasina at her office during a courtesy call on Wednesday — Focus Bangla

News Briefs--(21-6-2018)

Board meetingPopular Life Insurance Company Limited: The board meeting of the company will be held on June 27, 2018 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017. The meeting will also consider, among others, un-audited financial statements...

Monno Stafflers to increase authorised capital

FE ReportThe board of directors of Monno Jute Stafflers has decided to increase the company's authorised capital to Tk 1.0 billion from existing Tk 10 million. In this regard, the company will amend clause-5 of the memorandum of association and clause-6 of the articles of association subject to approval by...

Member of Insurance Development & Regulatory Authority

Member of Insurance Development & Regulatory Authority (IDRA) Dr. M Mosharraf Hossain FCA handing over a cheque to a nominee as the chief guest at Town Hall, Kumilla recently while Executive Director of IDRA Khalil Ahmed, Director of IDRA Md. Sha Alam, CEO of National Life Insurance Company Ltd (NLI)...

Mahindra launches one-stop customer helpline

Mahindra & Mahindra Ltd., a part of the US$19 billion Mahindra Group, announced the launch of its 24x7 customer care number -"09678-333-222", exclusively for Bangladesh on Wednesday, according to a statement. This is in line with the company's vision to build more customer centric initiatives for Bangladesh. This is also...

Al-Arafah Islami Bank holds EC meeting (21-06-2018)

The 612th executive committee (EC) meeting of the board of directors of Al-Arafah Islami Bank Limited was held at the board room of the bank on Wednesday, according to a statement. Chairman of the committee Hafez Md. Enayet Ullah presided over the meeting. The meeting reviewed overall business performance of...