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

SME stocks keep rising amid bearish market

Stock prices of Small Capital Platform are soaring in recent times amid an influx of investors despite the main trading board is incurring losses.Market insiders said participation of investors is rising on the SME board as the stock market regulator relaxed some conditions for trading shares on the SME Platform."As...

New Head of Marketing of Shanta Asset Management

Jane Alam Romel has been appointed as the Head of Marketing, Digital Business, and Customer Experience of Shanta Asset Management. He will actively manage the overall marketing activities of Shanta's capital market business: Shanta Asset Management, Shanta Securities, and Shanta Equity. Jane Alam Arif Khan, the Vice-Chairman of Shanta...

Suspension of trading--

Premier Bank Perpetual Bond: Trading of the units of Premier Bank Perpetual Bond will remain suspended on its record date, today (Sunday) for Half Yearly Profit. Trading of the units of the bond will resume on June 27, 2022.BERGERPBL: Trading of the shares of Berger Paints Bangladesh Ltd. will remain...

The 27th Annual General Meeting of Dhaka Bank Limited was held recently on digital platform. Abdul Hai Sarker, Chairman

The 27th Annual General Meeting of Dhaka Bank Limited was held recently on digital platform. Abdul Hai Sarker, Chairman of the Board of Directors of the Bank, presided over the meeting. Among others, Vice Chairman Jashim Uddin, Former Chairman A T M Hayatuzzaman Khan, Directors and Managing Director & CEO...

Global equity funds gain weekly inflows after big selloff

Global equity funds obtained capital inflows in the week ended June 22, following a heavy selling in the previous week, as a slide in commodity prices slightly assuaged investor fears over rapid inflation, reports Reuters.According to Refinitiv Lipper, investors secured global equity funds of $7.51 billion in net purchases. That...

A stipend giving ceremony was held recently for the meritorious children of the employees of Investment Corporation of Bangladesh

A stipend giving ceremony was held recently for the meritorious children of the employees of Investment Corporation of Bangladesh (ICB) in different academic levels. Md. Abul Hossain, Managing Director of ICB, presided over the programme. Chairman of the Board of Directors of the state-owned company, Prof. Dr. Md. Kismatul Ahsan...

BRAC Bank to collect premiums of Prime Islami Life Ins

BRAC Bank has signed an agreement with Prime Islami Life Insurance Limited to collect insurance premiums through its various digital and alternate banking channels. Prime Islami Life Insurance is A+ rated life insurance company with 400+ branch offices and more than 6 lakh policyholders. With the agreement, the valued policyholders...

Taiwan pension fund awards $2.3b ESG mandate to HSBC, Morgan Stanley, 3 others

HONG KONG, June 25 (Reuters): The fund management arms of HSBC (HSBA.L) and Morgan Stanley (MS.N) were among three others to win a mandate from Taiwan's largest pension manager to run Asia's first climate change-focused fund worth a total $2.3 billion in assets.Legal & General Investment Management, Schroder Investment Management,...

A training session on "Awareness Programme on Automated FC Clearing in RTGS System" was held

A training session on "Awareness Programme on Automated FC Clearing in RTGS System" was held at ICB Islamic Bank Ltd's head office. Training was conducted by Zainul Abedin, Joint Director FRTMD of Bangladesh Bank and Md. Mahbub Sadique,Assistant Director PSD of Bangladesh Bank. Participants from Dhaka branches participated in person...

Guardian Life signs deal with Transcom Beverages

Guardian Life Insurance Limited and Transcom Beverages Ltd. have recently signed a group insurance agreement whereby Guardian Life will provide life insurance coverage and hospital benefits to all the employees of Transcom Beverages, says a press release.Sheikh Rakibul Karim, Chief Executive Officer (CC) of Guardian Life, and Mohammed Ismail, Chief...

PRAN-upay deal on salary disbursement

Mobile financial service provider upay signed an agreement with the country's leading business conglomerate PRAN-RFL Group to facilitate the disbursement of monthly salaries to the employees of different factories of the conglomerate through upay, says a press release. Besides, the upay customers will also be able to make payments while...