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

Turnover of prime bourse hits nearly two-month low

The turnover on the prime bourse fell below Tk 6.0 billion-mark on Sunday, hitting nearly two months low, as most of the investors were reluctant to make fresh investment in stocks.The turnover stood at Tk 5.81 billion on the country's premier bourse, slumping by 15 per cent over previous day's...

Prices of 20 listed cos down

The share prices of 20 listed companies went down below their respective offer prices despite many of the companies witnessed significant price hike after the listing.The share prices of the companies declined up to 63 per cent from the offer prices as of Sunday.Experts said the share prices of many...

United Finance to issue Tk 5.0b bond, recommends 10pc div

The board of directors of United Finance has decided to issue non-convertible zero coupon bonds worth up to Tk 5.0 billion (in face value), said an official disclosure on Sunday.The company will issue the bond through private placement (unsecured, unlisted) only in multiple tranches if required, with tenure up to...

BSCCL's share price doubles in three months

The share price of Bangladesh Submarine Cable Company Ltd (BSCCL) rose 108 per cent within three months as its earnings soared.The company's share price hit at Tk 91.70 each since November 25, last year to close at Tk 176.20 on Sunday at the Dhaka Stock Exchange. Its share price was...

Nurul Matin Memorial Lecture today

The 18th Nurul Matin Memorial Lecture on "Ethics in Banking" is going to be held at 7.30 pm today (Monday) at Bangladesh Institute of Bank Management (BIBM) Auditorium, said a statement. Dr. Junaid Kamal Ahmad, India Country Director of World Bank will deliver the memorial lecture. Fazle Kabir, Chairman, BIBM...

News Briefs-(25-2-2019)

DBBL, BHBFC ink dealBangladesh House Building Finance Corporation (BHBFC) and Dutch-Bangla Bank signed an agreement on Sunday for digitisation of loan disbursement and re-payment process of Bangladesh House Building Finance Corporation. Debasish Chakrabarty, Managing Director of BHBFC and Abul Kashem Md. Shirin, Managing Director & CEO of DBBL were present...

Al-Arafah training begins

A 4 day-long training workshop on 'Banking Laws & Practices' began at Al-Arafah Islami Bank Training & Research Institute on Sunday. Managing Director (current charge) of the Bank Md. Fazlul Karim inaugurated the course as Chief Guest.

BHBFC and Dutch-Bangla Bank signs agreement

Bangladesh House Building Finance Corporation (BHBFC) and Dutch-Bangla Bank signed an agreement on Sunday for digitisation of loan disbursement and re-payment process of Bangladesh House Building Finance Corporation. Debasish Chakrabarty, Managing Director of BHBFC, and Abul Kashem Md. Shirin, Managing Director & CEO of DBBL, seen

LHBL signs agreement with Nestlé Bangladesh

LafargeHolcim Bangladesh Limited (LHBL) on Sunday signed an agreement with Nestlé Bangladesh Limited. Under the agreement, LHBL will provide waste co-processing services through its Geocycle project to Nestlé for disposal of waste goods. Rajesh Surana, CEO, LHBL, and Deepal Abeywickrema, Managing Director, Nestlé Bangladesh Limited, signed the agreement on behalf...

Shahjalal Islami Banks' Gulshan Branch relocated

Shahjalal Islami Banks' Gulshan Branch was relocated at Baro Bhuiyan, Plot No-3/A, Block-CWN(A), Road No.-49, Kamal Ataturk Avenue, Gulshan-2 on Sunday. A K Azad, Director of Shahjalal Islami Bank Ltd and also former president of FBCCI and president of Dhaka University Alumni Association, formally inaugurated the relocated branch as the...

Bank Asia Higher Education Scholarship-2018

A Rouf Chowdhury, Chairman of Bank Asia Ltd. and Bank Asia Foundation seen in the Bank Asia Higher Education Scholarship-2018 ceremony for students of Malkhanagar, Sirajdikhan, Nimtola of Munshigonj region, Rohitpur of Keranigonj and Agla Bazar of Nababgonj Upazila Saturday. Zakia Rouf Chowdhury, Executive Vice Chairperson of Rangs Group, Amanullah...