City Bank profit jumps 37pc in Q2 on investment gains
City Bank posted a 37 per cent year-on-year increase in profit for the second quarter of 2026, driven by strong earnings from investments in government securities and growth in interest income.The first-generation private commercial bank reported a consolidated profit of Tk 2.85 billion for the April-June quarter, up from Tk...
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Linde Bangladesh posts modest H1 profit growth
Linde Bangladesh reported a modest 4 per cent year-on-year growth in profit for the first half (January-June) of 2026, supported by higher sales and lower operating expenses.The multinational industrial gas producer posted a profit of nearly Tk 195 million, up from Tk 188 million in the corresponding period of last...
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Bata profit soars 86pc in H1 on higher sales
Bata Shoe Company (Bangladesh) posted an 86 per cent year-on-year growth in profit for the first half of 2026, driven by stronger sales and improved operating cost management.The multinational footwear manufacturer reported a net profit of Tk 504 million for January-June period, up from Tk 272 million in the same...
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BRAC Bank sets $9b trade finance target in 2026
BRAC Bank has set a target to facilitate US$ 9 billion in international trade volume in 2026 after achieving a record US$ 7.3 billion in 2025, reinforcing its ambition to become Bangladesh's largest trade bank. The bank has carried its growth momentum into 2026, facilitating US$ 4.52 billion in trade...
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WEBCO hosts children's art exhibition
The Women Empowerment Bangladeshi Canadian Organisation (WEBCO) recently organised a children's art exhibition at Khazana Mithai Restaurant in Scarborough, Canada, to encourage young artists and provide them with a platform to showcase their creativity.The exhibition featured artwork, crafts and LEGO creations by children. A themed art competition was also held,...
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MODHUMOTI BANK AWARDS TOP PERFORMERS OF 'DEPOSIT POWER DRIVE 2026'
Modhumoti Bank PLC has awarded its top-performing officials for their outstanding contributions to the 'Deposit Power Drive 2026' campaign at an award ceremony held at the bank's head office in Gulshan on Sunday. The campaign, which began on April 1 and concluded on June 30, was part of the bank's...
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SHAHJALAL ISLAMI BANK HOLDS WORKSHOP
Shahjalal Islami Bank Training Academy organised a daylong workshop on "Review of investment documentation -- common mistakes" for the bank's Branch Managers and Investment in-charges on Saturday. Managing Director of Shahjalal Islami Bank Mosleh Uddin Ahmed inaugurated the programme as the chief guest. A. K. M. Hasan Rahim, Executive Vice...
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JAMUNA BANK HOLDS 25TH ANNUAL GENERAL MEETING
Jamuna Bank PLC held its 25th Annual General Meeting (AGM) on Monday through a digital platform. The meeting was presided over by Md. Belal Hossain, Chairman of the Board of Directors of the bank. The AGM was attended by Board members, independent directors, Managing Director & CEO Mirza Elias Uddin...
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SONALI BANK LAUNCHES BANGLA QR AWARENESS CAMPAIGN
Sonali Bank PLC launched a nationwide awareness campaign with the slogan 'One Country, One QR: Transactions through Bangla QR' to promote the use of Bangla QR and expand digital payment services. As part of the campaign, Managing Director of Sonali Bank Md Shawkat Ali Khan participated in a promotional drive...
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JANATA BANK ALCO MEETING HELD _
A meeting of the Asset-Liability Management Committee (ALCO) of Janata Bank PLC was held at the bank's head office recently, with Managing Director Md. Mazibur Rahman in the chair. Deputy Managing Director Kazi Abdur Rahman, along with the bank's general managers and concerned deputy general managers, attended the meeting. During...
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Global stocks climb after pause in Middle East fighting
Global stock markets climbed on Monday as easing Middle East hostilities sent oil prices sharply lower and eased inflation worries ahead of a packed week of central bank meetings and earnings reports, reports Reuters.Iran said on Sunday it would halt its own attacks as long as the United States did...
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Growing number of brokerages see July Fed decision as 'a close call'
A growing number of major brokerages believe there is a real risk of the Federal Reserve delivering a rate hike at its meeting this week, given this month's surge in oil prices and the escalation in tensions in the Middle East, reports Reuters.Most brokerages, including BofA Global Research and Deutsche...
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