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

Fresh pooled funds positioned to outperform older MFs

Newly launched mutual funds (MFs) can leverage the attractive valuations of listed securities and the broader scope for portfolio diversification to generate higher returns than older funds.Mohammad Samir Uddin, chief executive officer (CEO) of Midland Asset Management, said this in an interview with the FE amid the ongoing subscriptions of...

Regulator bars Al-Haj Textile from issuing stock dividends

The market regulator has rejected the stock dividend proposal by Al-Haj Textile Mills for FY24, as the company failed to comply with regulatory conditions.The yarn manufacturer in December last year recommended 5 per cent cash and 35 per cent stock dividends for FY24 in an announcement delayed by more than...

Wall St futures decline as tariff uncertainty curbs risk appetite

US stock index futures slipped on Monday as renewed tariff uncertainty unnerved investors after President Donald Trump announced a new 15 per cent duty following a Supreme Court ruling that struck down his broader levies, reports Reuters.The Supreme Court, in a 6-3 ruling on Friday, voided most of the tariffs...

BRAC Bank to host fair to promote women entrepreneurs

BRAC Bank will host 'TARA Uddokta Mela 2026' to promote locally-made products by women entrepreneurs and create a market for these products.The fair will take place from February 27 to March 1 every day from 10:00 am to 11:00 pm at Aloki Convention Centre on Tejgaon-Gulshan Link Road in Dhaka,...

MODHUMOTI BANK CELEBRATES TK 100B DEPOSITS

Modhumoti Bank celebrated its recent milestone of Tk 100 billion in deposits through an informal ceremony at the bank's head office on Sunday. Md. Shafiul Azam, managing director & CEO, attended the event, along with other senior officials of the bank. During the programme, the bank highlighted its consistent growth...

MIDLAND BANK LAUNCHES 'MDB DIGITAL NANO LOAN'

Md. Ahsan-uz Zaman, MD & CEO of Midland Bank, launched "MDB Digital Nano Loan" for all customers of the bank. The initiative aligns with a directive of the Bangladesh Bank. The launching ceremony was held at the head office of the bank on February 18. Md. Zahid Hossain, DMD &...

Asian stocks rally after Trump's Supreme Court tariffs blow

HONG KONG, Feb 23 (AFP): Asian stocks rose while the dollar fell Monday after the US Supreme Court struck down a large part of President Donald Trump's tariffs policy that had sent shockwaves through the global economy last year.The rally was led by tech firms, which have been at the...

Gulf markets track global gains

BANGALORE, Feb 23 (Reuters): Major Gulf stock markets rose in early trade on Monday, tracking global peers after the US Supreme Court struck down import levies imposed by President Donald Trump.The US Supreme Court ruled on Friday to overturn the tariffs, which Trump had implemented under a law intended for...

SONALI BANK HOLDS 41ST SMT MEETING

The 41st Senior Management Team (SMT) meeting of Sonali Bank PLC was held at the bank's head office conference room on Monday. SMT Chairman and MD & CEO of Sonali Bank Md Shawkat Ali Khan presided over the meeting. Among others, Deputy Managing Directors, General Manager's of head office and...

RUPALI BANK DHAKA SOUTH DIVISIONAL BUSINESS REVIEW MEETING HELD

The Business Review Meeting-2026, organised by the Dhaka South Divisional Office of the state-owned Rupali Bank PLC, was held at the Rupali Bank Training Academy in Motijheel on Monday. Kazi Md. Wahidul Islam, Managing Director of the bank, attended the meeting as the chief guest, while Deputy Managing Director Tahmina...

ISLAMI BANK HOLDS BOARD MEETING:-

A meeting of the board of directors of Islami Bank Bangladesh PLC was held at Islami Bank Tower on Monday. Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Dr. M. Masud Rahman, chairman of the risk management committee,...

SHAHJALAL ISLAMI BANK HOLDS 75TH RMC MEETING

The 75th meeting of the Risk Management Committee (RMC) of Shahjalal Islami Bank PLC was held at its Corporate Head Office recently. The meeting was presided over by Md Towhidur Rahman, Chairman of the committee. Among others, Directors and committee members Mohiuddin Ahmed, Khandaker Shakib Ahmed and Md Moshiur Rahman...