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

DSE core index dips below 5,900-mark

Stocks witnessed yet another big fall Sunday, extending the losing streak for the sixth day in a row. The key index of the major bourse fell below 5,900-mark.Market operators said the persistent liquidity shortage coupled with ongoing pessimism kept investors mostly inactive, taking the key index below 5,900-mark once again.DSEX,...

ICSB team meets Muhith

A delegation of ICSB, led by its president Mohammad Sanaullah, FCS called on Finance Minister Abul Maal A. Muhith, MP at his office Sunday. The president of ICSB briefed the Finance Minister on various ongoing activities of the Institute and thanked him for his generous support and cooperation for the...

Shasha Denims to acquire 40pc stake of EOS Textiles

Shasha Denims Limited (SDL) will acquire 40 per cent stake of EOS Textiles Mills Limited, said an official disclosure on Sunday.The shares are valued at approximately Tk 480 million.The Shasha Denims in the disclosure said out of Tk 480 million, Tk 300 million will come from IPO fund, as per...

Legacy Footwear to expand business, seek consortium investment

The board of directors of Legacy Footwear has taken a number of decisions including raising fund from the existing directors/sponsors and other than shareholders as per the requirements of the company.In this regard, the company will hold an extraordinary general meeting (EGM) on April 7, 2018 at 12:00 noon on...

News Briefs--(26-02-2018)

Asia Ins gets CPA: AA- ratingAsia Insurance Limited achieved AA- Credit Rating (High Claims Paying Ability) on obtaining A+ rating for 6 years together since 2012. Prof. Mozaffar Ahmed, President and CEO of CRISL (Credit Rating Information and Services Limited) handed over the rating report to Company's Chairman Mr. Yussuf...

DSE/CSE News in Brief (26-02-2018)

DSE NEWSDeclaration of dividend United Finance Limited: The Board of Directors of United Finance Limited has recommended 10 per cent cash and 5 per cent stock dividend for the year ended on December 31, 2017. The date of AGM is April 26, 2018 at 10:00 am at Dhaka Ladies Club,...

Asia Insurance Limited achieved AA- Credit Rating on obtaining A+ rating

Asia Insurance Limited achieved AA- Credit Rating (High Claims Paying Ability) on obtaining A+ rating for 6 years together since 2012. Prof. Mozaffar Ahmed, President and CEO of CRISL handed over the rating report to Company's Chairman Yussuf Abdullah Harun, MP.

Annual business conference 2018 of Asia Insurance Ltd

The annual business conference 2018 of Asia Insurance Ltd. was held at the corporate head quarters of the company in the city recently. Chairman of the company Yussuf Abdullah Harun, MP, Managing Director and CEO Md Imam Shaheen and Independent Director and Audit Committee Chairman Zakir Ahmed Khan were present...

Financial Excellence Limited organis two-day training programme

Financial Excellence Limited (FinExcel) organised a two-day training programme on "Loan Recovery, Aspects of Debt Re-Scheduling & Re-Structuring and NPL Management" recently. Kaiser A. Chowdhury, Chairman, Executive Committee of Financial Excellence Limited inaugurated the programme.