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

Stocks back in the red after single-day break

Stocks returned to the red territory Tuesday, after a single-day break, as most of the investors followed a cautious stance ahead of the national budget for fiscal 2018-19.Market insiders said the investors remained cautious and adopted a 'wait-and-see' approach amid ongoing pessimism coupled with the upcoming national budget, which is...

Mercantile Bank aims higher as founding day nears

Mercantile Bank Limited (MBL) has emerged as one of the top private commercial banks (PCBs) in terms of the overall business growth, its top executive said."We are a third generation PCB, but in many cases, we have surpassed the achievements of some first and second generation PCBs as far as...

Berger's share price surge 42pc on dividend news

The share prices of Berger Paints Bangladesh jumped more than 42 per cent or Tk 865 each on Tuesday as investors grabbed the shares following the company's dividend declaration. The board of directors of the multinational paint company recommended 200 per cent cash and 100 per cent stock dividend for...

SIBL signs MoU with Hotel Purbani

Social Islami Bank Limited (SIBL) and Hotel Purbani International Ltd. signed a Memorandum of Understanding (MoU) at the head office of the bank in the city on Tuesday, according to a statement. In presence of Managing Director of Social Islami Bank Quazi Osman Ali, SEVP & Head of Card Division...

LankaBangla signs MoU with LEADS Corporation

A Memorandum of Understanding (MoU) was signed between LankaBangla Securities Limited and LEADS Corporation Limited for design, development and implementation of blockchain and Chatbot applications at LEADS head office in the city recently, according to a statement. Mohammed Nasir Uddin Chowdhury, Managing Director of LankaBangla Securities Limited and Shaikh Wahid,...

News Briefs-(23-5-2018)

Mercantile, Rupali banks to issue bonds Mercantile Bank and Rupali Bank will issue unsecured subordinated bonds worth Tk 3.0 billion and Tk 6.0 billion respectively. As per the approval of Bangladesh Securities and Exchange Commission (BSEC), both the banks will raise capital through issuing the bonds to fulfill the condition...

DSE/CSE News in Brief (23-5-2018)

DSE NEWSChange of AGM dateSoutheast Bank Limited: The company has informed that due to unavoidable circumstances the 23rd AGM of the company will now be held on June 30, 2018 instead of June 25, 2018. Other information will remain unchanged.Resumption of tradingTrading of the shares of Islami Insurance Bangladesh Limited,...