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

CCBL launch grounded over board structure dispute

Mohammad MufazzalThe Central Counterparty Bangladesh Limited (CCBL) is yet to begin operations six years after its formation due to resistance from shareholder directors of the exchanges.As per the existing system, the 10-member board of the CCBL consists of five independent directors, four representatives from the shareholding companies, including the exchanges...

BRAC BANK, BIFFL PARTNER TO EXPAND JICA-FUNDED SME FINANCING INITIATIVE

BRAC BANK, BIFFL PARTNER TO EXPAND JICA-FUNDED SME FINANCING INITIATIVEBRAC Bank has entered into a partnership with Bangladesh Infrastructure Finance Fund Limited (BIFFL) to expand access to affordable financing for small and medium enterprises. BIFFL is a government-owned specialised finance company. Under this partnership, BRAC Bank has joined a low-cost...

As crypto and private credit hit the mainstream, investor risk seen multiplying

US investors may soon have access to a greater array of products tied to asset classes like private credit and crypto as the Trump administration and SEC push to open markets, a change that some investment advisors say puts too much onus on individuals to protect themselves, reports Reuters.Both the...

CITIZENS BANK INAUGURATES BOGURA BRANCH

CITIZENS BANK INAUGURATES BOGURA BRANCHCitizens Bank Managing Director Alamgir Hossain formally inaugurated the bank's Bogura branch at Borogola in the district on Wednesday in the presence of deputy managing directors Md. Mostafizur Rahman and Md. Abdul Latif and other high officials of the bank. Local renowned businessmen across different segments...

EBL, SHIKHO PARTNER TO ADVANCE FINANCIAL INCLUSION, DIGITAL LEARNING

EBL, SHIKHO PARTNER TO ADVANCE FINANCIAL INCLUSION, DIGITAL LEARNINGEastern Bank (EBL) has partnered with Shikho Technologies to launch a financial inclusion initiative aimed at expanding access to banking and digital education services -- particularly in semi-urban and rural areas, where students still face limited access to quality online learning. EBL...

Wall Street closes near record highs; precious metals rise

Major US stock indexes closed near record peaks on Friday, little changed from the start of a muted post-Christmas trading session, while expectations of Federal Reserve interest rate cuts and safe haven appeal pushed precious metals prices to all-time highs, reports Reuters.Public holidays kept markets closed in Australia, Hong Kong...