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

BSEC urged to ease IPO fund rules for bank loan repayment

FE ReportEntrepreneurs and bank owners have urged the securities regulator to remove restrictions in the revised IPO rules on the repayment of loans using funds raised through initial public offerings.Under the revised rules that came into effect last December, a maximum of 30 per cent of IPO proceeds may be...

GP attracts investors as profit rises despite revenue dip

Grameenphone's stock surged 1.32 per cent to Tk 245.2 per share on Thursday, despite the telecom operator having reported lower revenue in the first quarter of 2026 under macroeconomic pressures.The country's largest mobile operator recorded total revenue of Tk 37.6 billion in the January-March quarter, marking a 2 per cent...

SOUTHEAST BANK INTRODUCES GOOGLE PAY FOR VISA CARDHOLDERS-

SOUTHEAST BANK INTRODUCES GOOGLE PAY FOR VISA CARDHOLDERSSoutheast Bank introduced Google Pay for Visa credit, debit, and prepaid cardholders, enabling customers to make fast, secure, and contactless payments using Android phones both locally and internationally. To mark the launch, the bank has introduced a range of attractive promotional offers for...

MODHUMOTI BANK INAUGURATES ITS ROWMARI AGENT POINT-

MODHUMOTI BANK INAUGURATES ITS ROWMARI AGENT POINTModhumoti Bank inaugurated its "RowmariSadar Agent Point" under the control of the Modhumoti Melandaha branch, located at the upazila chattar, Rowmari, Kurigram, on Wednesday. Md. Shafiul Azam, managing director & CEO of the bank, inaugurated the agent point as the chief guest. Shahnawaj Chowdhury,...

Eastland, Asia Insurance reverse earnings decline in 2025

Two listed general insurers-Eastland Insurance and Asia Insurance-posted marginal profit growth in 2025, signalling a tentative recovery after years of decline.Eastland Insurance reported a 3.08 per cent year-on-year rise in profit to Tk 92.27 million in 2025, while Asia Insurance registered a 1.63 per cent increase to Tk 98.38 million.Both...

NATIONAL LIFE INSURANCE CELEBRATES 42ND ANNIVERSARY-

NATIONAL LIFE INSURANCE CELEBRATES 42ND ANNIVERSARYNational Life Insurance PLC celebrated its 42nd founding anniversary on Thursday with various programmes, including balloon releases, a cake-cutting ceremony and a discussion, at the company's head office at NLI Tower in Dhaka. Company Chairman Tofazzal Hossain, former Chairman Mahmudul Haque Taher, Directors Razia Sultana,...

Shares stumble as war worries drive oil back above $100

LONDON, April 23 (Reuters): Renewed worries about the Iran war and the Strait of Hormuz drove oil back toward $105 a barrel on Thursday, prompting a fall back in global share and bond prices and gains for the dollar.Concerns had returned after Iran on Wednesday seized two ships trying to...

JANATA BANK WINS 'TOP TEN REMITTANCE AWARD'

JANATA BANK WINS 'TOP TEN REMITTANCE AWARD'Janata Bank PLC has been honoured with 'Top Ten Remittance Award' for its contributions to collecting foreign remittances in 2025. Deputy General Manager at Foreign Remittance Department of the bank Sabiqun Nahar received the award from Information and Broadcasting Minister Zahir Uddin Swapon at...

US software stocks slide as IBM, ServiceNow results reignite AI disruption fears

US software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI-driven disruption across the sector, reports Reuters.International Business Machines said its revenue growth slowed in the first quarter, pressured by weakness in its software business, anchored by its Red Hat...

Polar Ice Cream rolls out 'Essora'

Polar Ice Cream has unveiled 'Essora', a white chocolate-coated fruit ice cream, marking a new format in the local market. Essora is available in two distinct fruit variants: Banana and Mixed Berry. Each bar features a smooth white chocolate shell that breaks into a vibrant fruit core with ripples-bringing together...

ICB, AMS GLOBAL AND UCB STOCK BROKERAGE SIGN TRADING AGREEMENT

ICB, AMS GLOBAL AND UCB STOCK BROKERAGE SIGN TRADING AGREEMENT Investment Corporation of Bangladesh (ICB), AMS Global Asset Management Company Limited and UCB Stock Brokerage Limited signed a tripartite trading agreement for conducting transactions in securities of 'AMS Global First Regular Income Fund'. ICB is the custodian of this fund....