The proposal regarding issuance of a substantial amount of shares to a foreign investment fund by Mutual Trust Bank (MTB) is yet to get regulatory approval though the bank sought permission from the BSEC almost six months back. Norfund, owned by the Norwegian government, in September of 2018 reached an...
Read moreStocks extended the losing streak for the second straight session Wednesday, as DSEX plunged to four-month low. Market analysts said dearth of quality stocks, lack of investors' confidence and shortage of liquidity continued to take toll on stock prices.The prevailing bearish trend coupled with the finance minister's latest remarks on...
Read moreBangladesh Telecommunication Regulatory Commission (BTRC) said the country's leading mobile phone operator Grameenphone has no alternative to paying Tk 125.79 billion (12,579 crore) dues unearthed through an audit, reports BSS.Talking to the news agency, BTRC Chairman Md. Jahurul Haque Wednesday said the Grameenphone is legally bound to make the payment...
Read moreThe Board of AB Bank Limited has appointed Mr. Muhammad A. (Rumee) Ali as its Chairman with effect from April 20, 2019.Mr. Muhammad A. (Rumee) Ali is a prominent banker with extensive and wide-ranging experience as CEO, Board Member, and Chairman of several institutions. He started his career with ANZ...
Read moreThe board of directors of Eastland Insurance Company Limited has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 27...
Read moreMutual Trust Bank Limited (MTB) organised the BAMLCO Conference 2019, a day-long forum of the Branch Anti Money Laundering Compliance Officers (BAMLCOs) of the bank, on Tuesday at a hotel in Dhaka. Head of Bangladesh Financial Intelligence Unit (BFIU), Abu Hena Mohd. Razee Hassan graced the conference as the Chief...
Read moreA Rouf Chowdhury, Chairman of Bank Asia Ltd, seen along with guests and participants in the concluding ceremony of 50th Foundation Training Course held on Wednesday
Read moreFarzana Chowdhury, Chartered Insurer, MD & CEO of GDIC and Director of PABL, received "CII Presidents Dinner & Public Trust Awards 2019" at Old Royal Naval College, London from Jonathan Clark (President, Chartered Insurance Institute, UK) recently
Read moreMd. Mehmood Husain, Managing Director & CEO of NRB Bank Ltd, poses with the participants at the inaugural ceremony of a day-long training course titled "Leadership for Sustainable Growth" held at Bank's Institute of Learning & Development, Dhaka on Tuesday. Md. Khurshed Alam, Deputy Managing Director and Professor H M...
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