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

Stocks fall after choppy trading

Stocks posted marginal correction for the second consecutive session on Monday as companies' quarterly earnings failed to meet the investors' expectation.Market operators said investors mostly followed "wait-and-see' strategy and were observing the market movement carefully amid ongoing earnings declarations. "The shaky investors continued to book quick-gain as earnings declarations fail...

Eastland Insurance Chairman Mahbubur Rahman presiding over the company's 183rd meeting of the board of directors

Eastland Insurance Chairman Mahbubur Rahman presiding over the company's 183rd meeting of the board of directors at the company's head office in the city recently

Modern Steel to submit IPO proposal soon

Modern Steel Mills Limited will submit the IPO (initial public offering) proposal to the securities regulator soon as the company has already completed the road show.As part of going public under the book building method, the company held a road show for eligible investors on Sunday.The company is set to...

Asia Insurance recommends 10pc cash div

The board of directors of Asia Insurance has recommended 10 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Monday.The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 11 in Dhaka.The...

Aamra Tech to set up SOC to defend enterprise info

Aamra Technologies is set to establish a state-of-the-art "Security Operation Center (SOC)" at Sheikh Hasina Software & Technology Park (MTB) in collaboration with PricewaterhouseCoopers (PWC) Bangladesh Private Limited.It is commonly known as Jashore High-Tech Park established on 4,000 square feet areas of land."SOC is a facility where enterprise information systems...

IBBL organises discussion in Bogura

Islami Bank Bangladesh Limited (IBBL), Bogura Zone, organised a discussion titled "Compliance of Shariah in the Banking Operations" and clients' get-together at a convention centre in Bogura recently, according to a statement. Dr. Md. Zillur Rahman, Chairman, Audit Committee of the bank, addressed the programme as chief guest while Moulana...

BMBA holds 13th AGM

Bangladesh Merchant Bankers Association (BMBA) held its 13th annual general meeting (AGM) on Saturday at FARS Hotel & Resorts in Dhaka.The meeting was presided over by Mr. Mohammed Nasir Uddin Chowdhury, president of the association.Secretary-General Mr. Khairul Bashar Abu Taher Mohammed, Treasurer Mr. Md. Riyad Matin, other members of the...

News Briefs-(24-04-2018)

Premier Bank gets new MDThe board of directors of Premier Bank Limited has appointed M. Reazul Karim, FCMA as the bank's new Managing Director (MD) and CEO with effect from 23rd April, 2018. Mr. Karim started his career with National Bank in 1984 and what soon followed was the continuous...

More cos announce board meeting schedules

At least 21 companies listed with the Dhaka and Chittagong stock exchanges Monday announced their respective board meeting schedules to consider, among others, their un-audited financial statements for the January-March quarter of 2018, according to information obtained from the websites of the country’s two stock exchanges.

Board meetings (24-04-2018)

Bangladesh Industrial Finance Company Limited: A board meeting of the company will be held on April 30, 2018 at 6:30 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.Sonar Bangla Insurance Ltd.: A board meeting of the company will be...

Disbursement of dividend (24-04-2018)

Green Delta Insurance Ltd.: The company has informed that the cash dividend for the year ended on December 31, 2017 has already been credited to the respective shareholders' bank accounts through BEFTN. Cash dividend warrants has been sent through courier services to the shareholders whose accounts were not credited due...

'Business Review Meeting' of SIBL

Managing Director & CEO of Social Islami Bank Limited (SIBL) Quazi Osman Ali and other senior executives of the bank seen on dais at a 'Business Review Meeting' with all the officers/executives of seven branches of Sylhet areas at a hotel in Sylhet recently

Celebration of 22nd anniversary of Prime Insurance

Prime Insurance Chairman Md. Zakiullah Shahid, board members and CEO Ms. Mohammodi Khanam seen at the celebration of the company's 22nd anniversary at a hotel in Cox's Bazar recently

Inaugural ceremony of Premier Bank International Education Expo

Primary and Mass Education Minister Mostafizur Rahman, Premier Bank Advisor Muhammad Ali, Managing Director M. Reazul Karim, Additional Managing Directors Abdul Zabber Chowdhury and Golam Awlia, and other senior officials of the bank seen at the inaugural ceremony of Premier Bank International Education Expo, organised by Fad-Cab, in the city...

Chairman of SBL Capital Management Limited Kazi Akram Uddin Ahmed presiding over the 7th annual general meeting

Chairman of SBL Capital Management Limited Kazi Akram Uddin Ahmed presiding over the 7th annual general meeting of the company at its head office in the city recently while directors Mohammed Abdul Aziz, Md. Zahedul Hoque, S. S. Nizamuddin Ahmed, Kazi Sanaul Hoq, Mamun-Ur-Rashid, Tazmeem Mostafa Chowdhury, Sheikh Omar Faruque...