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

BSEC aims to bridge climate funding gap through bond market

The Bangladesh Securities and Exchange Commission (BSEC) has sought technical assistance from the International Monetary Fund (IMF) to accelerate the development of the country's sustainable bond market and mobilise long-term private capital for climate-resilient investments.The issue was discussed at a meeting between senior officials of the securities regulator and a...

Investment gains lift Jamuna Bank's Q2 profit by 50pc

Jamuna Bank's second-quarter (Q2) profit surged almost 50 per cent year-on-year to Tk 1.96 billion in April-June this year, driven by higher investment income, lower provisioning and improved operating performance.The third-generation private commercial bank reported consolidated earnings per share (EPS) of Tk 2.09 for the quarter, up from Tk 1.40...

Union Capital's H1 loss widens 32pc

Union Capital's half-year loss widened more than 32 per cent year-on-year to Tk 366 million in January-June this year as falling interest income and weak recovery of non-performing loans continued to weigh on the non-bank financial institution's earnings.The company reported a consolidated loss per share (EPS) of Tk 2.12 for...

RAKUB RAJSHAHI ZONE HOLDS MEETING ON WORK PLAN

A meeting on the formulation and implementation of the work plan for the Rajshahi Zone of Rajshahi Krishi Unnayan Bank (RAKUB) was held at the Nanking Darbar Hall in Rajshahi on Tuesday. At the meeting, a target was set to disburse loans worth Tk 4 billion (Tk 400 crore) to...

Airbus shares jump

FARNBOROUGH, England, July 22 (Reuters): Airbus shares jumped more than 7 per cent on Wednesday after the European planemaker launched a €5 billion ($5.7 billion) share buyback and unveiled new mid-term targets including a near doubling of profits by 2029.Handing investors an increasingly confident picture of the supply chain on...