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

Core index continues to tumble

The broad index of the Dhaka bourse on Monday witnessed another sharp fall and settled at three-month low following investors' selling spree. On the day, the premier bourse also featured the lowest turnover value in last 40 sessions following correction witnessed by all sectors except jute.The DSEX, the broad index...

EBL introduces Card Protection plan

Eastern Bank Ltd. (EBL) in association with CPP Global Assistance Bangladesh Ltd. (CPP) offers comprehensive protection plan for EBL customers in case of financial emergencies. CPP Card Protection, first of its kind in Bangladesh features Single Call Card Blocking, Emergency Travel Assistance, Comprehensive Internet Security and Complimentary Fraud Protection, among...

Green Delta Capital reappoints MD

Md. Rafiqul Islam Mr. Md. Rafiqul Islam has been appointed as the Managing Director and CEO of Green Delta Capital Limited for the 2nd time which was approved by Bangladesh Securities & Exchange Commission (BSEC), the company said in a statement.The approval came at a meeting of Board of Directors...

181st Audit Committee Meeting of Al-Arafah Islami Bank

The 181st Audit Committee Meeting of the Board of Directors of Al-Arafah Islami Bank Limited was held at Al-Arafah Tower on Sunday. Amir Uddin PPM, Chairman of the Committee presided over the meeting. The Meeting reviewed and discussed about various audit related issues of the Bank, said a statement. Members...

AB Bank holds training workshop

AB Bank Limited recently arranged a training workshop on "Credit Access for Women Entrepreneurs- Challenges and the Way Forward" for Women Entrepreneurs of South Bengal in joint collaboration with Bangladesh Association for Social Advancement (BASA). Senior officials of AB Bank Limited Head Office and southern branches along with officials of...

S. Alam Group purchases whole sponsor portion at Padma Islami Insurance

Padma Islami Life Insurance has restructured its board following the transfer of 44.78 per cent shares by its former sponsor-directors to the sister concerns of S. Alam Group, the company officials said.The company's board was restructured on Sunday after transferring 17.41 million shares through the block board."The sister concerns of...

News Briefs-(23-10-2018)

Mercantile Bank arranges training courseMercantile Bank Training Institute recently organised a day long training course titled "Bangladesh Bank Guidelines for Cash Management". A total of 47 Cash officers from different branches of the bank participated in the training course. Md. Quamrul Islam Chowdhury, MD & CEO (Current Charge) of the...

"Bangladesh Bank Guidelines for Cash Management"

Mercantile Bank Training Institute recently organised a day long training course titled "Bangladesh Bank Guidelines for Cash Management". Md. Quamrul Islam Chowdhury, MD & CEO (Current Charge) of the Bank inaugurated the training course. Syed Golam Shahjarul Alam, Joint Director, Department of Currency Management of Bangladesh Bank was present as...

Md. Sohrab Mustafa, Deputy Managing Director, UCB and Mostafa Kamal Ahmed FCA, Head of Finance & Company Secretary, NAGAD exchanging MoU

Md. Sohrab Mustafa, Deputy Managing Director, UCB and Mostafa Kamal Ahmed FCA, Head of Finance & Company Secretary, NAGAD exchanging the MoU along with Md. Abdullah Al Mamoon, DMD, UCB and other senior officials from both the organisations

Padma Islami Life Ins elects chairman, vice-chairman

Borhan Uddin Dewan Nurul The Board of Directors of Padma Islami Life Insurance Ltd. in its 156th meeting held on Sunday elected Professor N R M Borhan Uddin, Ph.D as Chairman and Mr. Dewan Nurul Islam, FCA as Vice-Chairman of the Company for the next term.Mr. Borhan Uddin, Ph.D. Former...

US stocks edge up at start of heavy earnings week

NEW YORK, Oct 22, 2018 (AFP): Wall Street stocks edged higher early Monday, as the market sought to shake off last week's volatility at the start of a heavy week of corporate earnings results.About 10 minutes into trading, the Dow Jones Industrial Average was up a hair to 25,448.50.The broad-based...

Professor and Director of BIBM seen in a seminar

S. M. Moniruzzaman, Deputy Governor of Bangladesh Bank, Dr. Toufic Ahmad Choudhury, Director General of BIBM, Helal Ahmed Chowdhury, Supernumerary Professor of BIBM, M Kamal Hossain, Managing Director of Southeast Bank Limited, Md. Shafiul Azam, Managing Director of Modhumoti Bank Limited and Shah Md. Ahsan Habib, Professor and Director of...

Quarterly Business Conference-2018 of SIBL

Quazi Osman Ali, Managing Director and CEO of Social Islami Bank Limited (SIBL), seen at the day-long Quarterly Business Conference-2018 of the bank. AMDs Ihsanul Aziz and Kazi Towhidul Alam and DMDs Abu Naser Chowdhury and Md. Sirajul Hoque seen