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

DSE breaks winning streak but stages late recovery on fundamentally strong stocks

The benchmark index of the Dhaka Stock Exchange (DSE) slipped into the red this week, ending a five-week winning streak, as investors rushed to lock in profits following the recent rally despite a strong rebound in the latter part of the week.Analysts said the market came under pressure early in...

Malek Spinning Mills to inject Tk 238m into long-idle subsidiary

Malek Spinning Mills has approved a Tk 238.3 million capital injection into its long-dormant subsidiary --- Newasia Synthetics --- as part of a restructuring initiative aimed at strengthening the subsidiary's financial position and facilitating further strategic land acquisitions.The decision was taken at a board meeting on Wednesday, according to a...

NCC BANK HOLDS 41ST AGM-

NCC BANK HOLDS 41ST AGMNational Credit and Commerce Bank has approved 21 per cent dividend for the year 2025 at its 41st annual general meeting (AGM) held on a digital platform on Wednesday. Mohammed Nurun Newaz, chairman, NCC Bank, presided over the meeting while Abdus Salam, vice-chairman; Amjadul Ferdous Chowdhury,...

IFIC BANK, TRANSCOM ELECTRONICS SIGN MOU

IFIC BANK, TRANSCOM ELECTRONICS SIGN MOUIFIC Bank and Transcom Electronics have signed a memorandum of understanding (MoU) to offer the bank's credit cardholders EMI facilities of up to 36 months on all products of Transcom Electronics. The MoU was signed on Wednesday at a ceremony held at IFIC Tower in...

Apple-Intel chip deal makes strategic sense but production is years away

Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. But it is not that simple, as analysts say any advanced Intel chip will take two to three years to make and even longer to translate into gains due to the...

Prime Bank honors seven entrepreneurs marking World MSME Day

Prime Bank on Thursday awarded seven entrepreneurs from different parts of the country for their contributions to the Micro, Small and Medium Enterprises (MSME) sector on the occasion of World MSME Day 2026.Micro, small and medium-sized enterprises (MSMEs) represent approximately 90 per cent of businesses worldwide and account for more...

BIFC sinks deeper into losses

FE ReportBangladesh Industrial Finance Company Limited (BIFC) reported a higher loss for the year ended December 2025 compared to the previous year. Its first-quarter performance this year also remained weak, highlighting the prolonged financial distress facing the non-bank financial institution (NBFI).According to a price-sensitive disclosure, the company's loss per share...

DBL Group signs IPO agreements with Shanta Equity

DBL Group, one of Bangladesh's leading conglomerates, has appointed Shanta Equity as the Issue Manager for the proposed Initial Public Offerings (IPOs) of two of its companies.Established in 1991, DBL Group operates across diverse sectors, including garments, spinning, knitting, dyeing, all over printing, screen printing, washing, garments accessories, packaging, ceramic...

RUPALI BANK HOSTS INNOVATION SHOWCASING-

RUPALI BANK HOSTS INNOVATION SHOWCASINGAs part of the implementation of the e-Governance and Innovation Action Plan 2025-26, Rupali Bank PLC's Innovation Team organised the Innovation Showcasing 2025-26 and selected the best innovative initiative on Thursday. Farida Yasmin, Joint Secretary and Chief Innovation Officer of the Financial Institutions Division, was present...

IPDC FINANCE HOLDS 44TH ANNUAL GENERAL MEETING-

IPDC FINANCE HOLDS 44TH ANNUAL GENERAL MEETINGIPDC Finance PLC held its 44th Annual General Meeting (AGM) through a video conferencing platform on Thursday. The meeting was chaired by Ariful Islam, Chairman of the Board of Directors of IPDC Finance. The AGM was attended by Sarwar Azam Khan, Independent Director and...

SHIPPERS' COUNCIL OF BANGLADESH HOLDS BOARD MEETING -

SHIPPERS' COUNCIL OF BANGLADESH HOLDS BOARD MEETING The 2nd meeting of the Board of Directors of Shippers' Council of Bangladesh (SCB) for the term 2026 & 2027 was held at its office in Dhaka on Thursday, with its Chairman Md. Rezaul Karim in the chair. The meeting approved the minutes...

SONALI BANK HOLDS SHARIAH SUPERVISORY COMMITTEE MEETING-

SONALI BANK HOLDS SHARIAH SUPERVISORY COMMITTEE MEETINGThe Shariah Supervisory Committee of Sonali Bank PLC held its 31st meeting at the bank's head office board room on Thursday. Chairman of the committee Dr. Zubair Mohammad Ehsanul Hoque presided over the meeting. Members of the committee Dr. Mohammad Nurullah, Mufti Dr. Mohammad...