The broad index of the Dhaka Stock Exchange (DSE) bourse witnessed a sharp fall on Sunday as three-fourth of the listed securities went red. Of last five sessions, the DSE broad index DSEX declined in three sessions and lost 2.11 per cent or 115.25 points including the loss of Sunday.The...
Read moreSome six closed-end mutual funds (MFs) have exhibited mixed performance for July-September, 2018 compared to same period of the previous year.During July-September, 2018 the earnings per unit (EPU) of four MFs rose, while the EPU of two others declined. Of the MFs, MBL 1st Mutual Fund has reported its EPU...
Read moreA joint-venture smart prepayment meter-manufacturing firm-Bangladesh Smart Electrical Company Ltd (BSECL)-was established on Sunday.State-run West Zone Power Distribution Company Ltd (WZPDCL) and Chinese Hexing Electrical Company Ltd (HECL) floated the company.The WZPDCL will have a 51 per cent stake and the HECL a 49 per cent stake in the joint...
Read moreDutch-Bangla Bank has inaugurated the most modern and state-of-the art Data Center which has been certified by epi as Rated-4 (Tier-4). This is the first and only Rated-4 (Tier-4) Data Center in Bangladesh. This makes Dutch-Bangla Bank the most digitally secure bank and has also doubled the bank's processing power.Mr....
Read moreProfessor Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of Islami Bank Bangladesh Limited and Chairman, Bangladesh House Building Finance Corporation addressed an international conference titled 'Re-thinking Development in South Asia' recently organized by University of Chittagong. Dr. Salim chaired a session on Financial Inclusion & Development, said a...
Read moreBank Asia, as the Participating Financial Institution (PFI), has signed a Master Facility Agreement with Bangladesh Bank for availing funds from Investment Promotion and Financing Facility II (IPFF II) Project.Total size of the project, co-sponsored by the People's Republic of Bangladesh and International Development Association (IDA) is USD 416.70 million...
Read moreBIBM seminar todayBangladesh Institute of Bank Management will hold a seminar on "Leadership Approaches, Governance and Emotional Intelligence: The Case of the Banking Industry of Bangladesh" at the BIBM Auditorium on Monday. S. M. Moniruzzaman, Chairman, BIBM Executive Committee and Deputy Governor, Bangladesh Bank will be the Chief Guest of...
Read moreLONDON, Oct 21(AFP): Eurozone equities received a late boost from rising US stocks to emerge almost unscathed from Friday's session despite worries about Italy's finances, Chinese growth and rising global interest rates.Even Milan's long-suffering stock market recovered from early losses after EU finance chief Pierre Moscovici said Italy's financial situation...
Read moreMd Ataur Rahman Prodhan (second from left), Managing Director and CEO of Rupali Bank, seen at the regional business conference of Mymensingh region of the bank held recently. DMDs of the bank Mohd Jahangir Alam and Mohd Morshed Alam Khandaker were present.
Read moreMd. Touhidul Alam Khan, Deputy Managing Director & Chief Business Officer and Head of Sustainability Reporting Committee (SRC) of Prime Bank Limited is receiving certificate from Dr. Ali Darwin, Executive Director of National Centre for Sustainability Reporting (NCSR), Indonesia, an affiliated organisation of GRI, the Netherlands after completion of training...
Read moreNRB Bank as a lead bank, arranged School Banking Campaign 2018 at Kobi Nazrul Islam Auditorium, Sylhet recently. Mr. Syed Tariquzzaman, Executive Director of Bangladesh Bank was present as chief guest while Mr. Saaduddin Ahmed, Deputy Managing Director of NRB Bank Limited presided over the campaign. Mr. Jiban Krishno Roy,...
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