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

BSEC flags two brokerages for net worth shortfall, asks DSE to take action

The stock market regulator in a recent investigation found two new-generation brokerage firms -- Monarch Holdings and Columbia Shares and Securities -- are suffering from huge net worth shortfall.Following the investigation, the Bangladesh Securities and Exchange Commission (BSEC) has directed the Dhaka Stock Exchange (DSE) to take action against these...

Banking shares drive market gains

Stocks extended their rally for a second straight session on Monday, with the key index of the prime bourse hitting nearly three-week high, as investors returned to the heavyweight bank shares following recent corrections.The opportunistic investors were taking advantage of oversold bank stocks that had experienced significant corrections in the...

City Bank sells 5,000 Guardian's policies through bancassurance

City Bank, in partnership with Guardian Life Insurance Limited, has achieved a major milestone by selling 5,000 insurance policies through its bancassurance channel. This achievement makes City Bank the leading bancassurance partner in terms of policies sold within a short period.The milestone reflects the strong market acceptance of Guardian's products...

BD, China assocs join hands to advance semiconductor industry

Bangladesh and China have taken a significant step toward advancing their cooperation in the semiconductor sector. To this end, a Memorandum of Understanding (MoU) was signed between the Bangladesh Semiconductor Industry Association (BSIA) and the Hubei Semiconductor Industry Association (HSIA) at an official ceremony held in the city on Monday,...

PUBALI BANK ORGANISES 'ORIENTATION PROGRAMME' FOR NEW RECRUITS

The Human Resources Division of Pubali Bank PLC organised a five-day 'Orientation Programme' for newly recruited 128 officers. The course is designed to familiarize the participants with the concepts, principles, rules, regulations, laws and practices of bank.Managing Director & CEO Mohammad Ali was present at the inaugural ceremony as the...

MTB SECURES 4TH POSITION AMONG TOP TEN SUSTAINABLE BANKS

Mutual Trust Bank PLC (MTB) has once again been recognised for its strong commitment to sustainability, securing the 4th position among the Top 10 Sustainable Banks for the year 2024, as announced by Bangladesh Bank. The recognition was conferred at an award giving ceremony organised by Bangladesh Bank recently. Syed...

BANK ASIA HOSTS FINANCIAL LITERACY WORKSHOP

Bank Asia PLC organised a financial literacy workshop at Sirajdikhan in Munshiganj recently, bringing together a large number of agents and customers from across the district to promote financial awareness and inclusion. Md. Iqbal Mohasin, Director of the Financial Inclusion Department, Bangladesh Bank, was present as the chief guest. The...

Prime Bank Hosts Seminar on Financial Inclusion at EWU

Prime Bank PLC, in collaboration with East West University (EWU) and its EWU Creative Marketing Club, successfully organised a high-impact seminar titled 'Financial Inclusion: Engaging & Inspiring Youth in Banking' on the university campus. The program was held under the banner of PrimeAcademia -- Prime Bank's flagship campus initiative designed...

PPP MODEL DELIVERS: DHAKA BYPASS EXPRESSWAY OPENS

The Public-Private Partnership (PPP) Authority on Sunday inaugurated an 18-km section of the Dhaka Bypass Expressway in Gazipur, a project implemented under Bangladesh's PPP model. Road Transport and Bridges Adviser Faozul Kabir Khan formally opened the section which connects the Dhaka-Tangail and Dhaka-Mymensingh highways, reducing travel time and easing traffic...

JMI launches Apollo Clinic in Dhaka

Apollo Clinic, a subsidiary of India's international hospital chain Apollo, is now in Dhaka to offer world-class medical services. The company is operated in Bangladesh by the JMI Specialized Hospital Limited, a subsidiary of JMI Group, as a licensee. Apollo Clinic's activities were officially inaugurated at a hotel in the...

Rupali Bank holds business development review meeting

Rupali Bank PLC held a business development review meeting of July 2025 at the SDC Tower, Alipur in Faridpur on Monday, with the participation of branch managers under the Faridpur Divisional Office. Managing Director of the bank Kazi Md Wahidul Islam attended the meeting as the chief guest while Deputy...

FID secretary visits ICB head office

Nazma Mobarek, Secretary of the Financial Institutions Division (FID) under the Ministry of Finance, visited the head office of the Investment Corporation of Bangladesh (ICB) on Monday. On the occasion of her visit, ICB arranged a discussion on the overall affairs of the ICB at its Head Office. The meeting...

German business morale inches up after US-EU deal

FRANKFURT, Aug 25 (AFP): German business morale inched up in August, a closely watched survey showed Monday, with companies in Europe's struggling top economy relieved after a US-EU trade deal reduced uncertainty.The Ifo institute's confidence barometer rose slightly to 89.0 points from 88.6 in July, its eighth straight increase and...

Machinery, chemicals sectors drive 17.8pc rise in Saudi Arabia

RIYADH, Aug 25 (AFP): Saudi Arabia's non-oil exports jumped 17.8 per cent in the second quarter of 2025, offsetting weaker oil sales and highlighting the Kingdom's accelerating diversification drive, official data showed. The increase included a 46.2 per cent rise in re-exports, while national non-oil exports excluding re-exports climbed 5.6...

Canadian banks to dodge worst case tariff scenario in latest earnings

TORONTO, Aug 25 (Reuters): Canada's big banks are expected to have lowered loan-loss provisions in the third quarter from the prior quarter as US tariffs have likely hurt their loan portfolios less than feared.Canada's big six banks are expected to set aside a total of C$5.22 billion in loan-loss provisions...