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

BSEC approves IPO of Kattali Textile

The securities regulator has approved the IPO (initial public offering) proposal of Kattali Textile which will raise a capital worth Tk 340 million.The Bangladesh Securities and Exchange Commission (BSEC) Tuesday approved the IPO proposal at a meeting held at BSEC office.Under the fixed price method, Kattali Textile will offload 34...

UCB, Robi ink corporate agreement

United Commercial Bank Limited (UCB) and Robi have signed a corporate agreement recently.This comprehensive agreement paves the way for UCB to significantly enhance its ability to provide better customer service using Robi's digital solutions, said a statement.Robi clients will be able to use Upay without any data charges and clients...

Subscription of ML Dyeing to open July 8

IPO subscription of ML Dyeing Ltd will begin on July 8 which will raise a fund worth Tk 200 million from the capital market.The company's initial public offering (IPO) subscription will be continued till July 19.The securities regulator - Bangladesh Securities and Exchange Commission (BSEC), approved the company's IPO proposal...

Rupali Bank AGM approves 24pc stock dividend

The 32nd Annual General Meeting of Rupali Bank Limited was held at Diploma Engineering Institution, Dhaka on Tuesday.The AGM approved 24 per cent stock dividend for the shareholders, said a statement.The AGM was presided over by Monzur Hossain, Chairman of the Board of Directors of Rupali Bank Limited.Managing Director and...

Stocks end lower for second day

Share prices of Ratanpur Steels Re-rolling Mills and Khulna Printing & Packaging are soaring without any price sensitive information (PSI).In the last six trading days, share price of Ratanpur Steels jumped more than 35 per cent to close at Tk 65.50 on Tuesday. Its share price was Tk 48.40 each...

BD Finance re-elects directors

Fazle Rashid Golam Hafiz Ihtiaz Yousuf Mr. Khondker Fazle Rashid, Mr. Golam Hafiz Ahmed and Mr. Ihtiaz Yousuf have been re-elected as directors of Bangladesh Finance and investment company Limited (BD Finance).The shareholders in the 19th AGM of the company held recently at BCIC Auditorium re-elected them. Mr. Khondker Fazle...

ICMAB arranges discussion on budget

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a post-budget discussion on National Budget 2018-2019 on Monday at the ICMAB Ruhul Quddus Auditorium in the city, said a statement.Engineer Mosharraf Hossain, MP, Minister of Housing & Public Works, Government of the People's Republic of Bangladesh attended the...

News Briefs--(27-6-2018)

BIAA SVP attends Sichuan Tea ExpoM S I Dastagir, Senior Vice-President of Bangladesh Indenting Agents' Association (BIAA) attended the 7th China Sichuan International Tea Expo held recently at Chengdu, Sichuan, P R of China as guest of honour. BIAA participates the Expo every year at the invitation of the Organizing...

Chittagong City Corporation Mayor AJM Nasir Uddin addressing a press conference

Chittagong City Corporation Mayor AJM Nasir Uddin addressing a press conference in the port city where Premier Bank Ltd announced school banking service for CCC-run educational institutions. Under this agreement, Premier Bank will collect monthly tuition fees of 90,000 students of 90 schools, colleges and technical institutions. This service will...

19th Annual General Meeting of First Security Islami Bank

The 19th Annual General Meeting of First Security Islami Bank Limited was held Tuesday at Kurmitola Golf Club, Dhaka Cantonment, Dhaka. The meeting was presided over by Mohammed Abdul Maleque, Vice Chairman, Board of Directors of First Security Islami Bank Limited. The AGM approved 10 per cent Stock Dividend (Bonus...