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

Optimistic investors help curb free fall of stocks

After steep fall in the previous session, stocks ended slightly lower Wednesday with sluggish turnover as investors kept their cautiousness intact.Market insiders said that despite the market ended nearly flat, most of the investors were inactive and remained on the sidelines to safeguard their position amid ongoing bearish market.Following the...

Baraka Potenga Power holds road show

Baraka Potenga Power on Wednesday held a road show for eligible institutional investors as the company plans to raise Tk 2.25 billion using the book-building method. Of the proceeds , Tk 1.44 billion will be used to set up power plants, Tk 748 million for paying back long-term loans and...

Top 10 turnover leaders capture 28pc value

The top 10-traded companies accounted for more than 28 per cent transaction of the Dhaka bourse Wednesday, with Renata topping the chart.Analysts said investors were mostly active on fundamentally sound stocks like Renata, Square Pharmaceuticals, BRAC Bank and Grameenphone as the market went through a correction phase.They said that when...

IPO road show of Star Ceramics today

Star Ceramics holds a road show for eligible institutional investors today (Thursday), as the company plans to go public under book building method.The tiles and sanitary ware manufacturer plans to raise Tk 600 million from the capital market through initial public offering (IPO).A road show is a requirement under the...

BRAC Bank wins three int'l accolades

BRAC Bank Limited has won three international accolades in Asiamoney Best Bank Awards, according to a statement. Hong Kong-based magazine, Asiamoney, has awarded BRAC Bank the "Best Domestic Bank", the "Best Digital Bank" (For bKash Limited) and the "Best Bank for Corporate Social Responsibility". This is the first time BRAC...

Pubali Bank Securities holds 8th AGM

The 8th Annual General Meeting (AGM) of Pubali Bank Securities Limited was held at Pubali Bank Head office on Wednesday, according to a statement. Moniruddin Ahmed, Chairman of Pubali Bank Securities Limited presided over the meeting. Directors Habibur Rahman, Ahmed Shafi Choudhury, Azizur Rahman, M. Kabiruzzaman Yaqub FCMA (UK), CGMA,...

News Briefs--(29-03-2018)

BSEC approves two bondsThe capital market regulator Wednesday approved two subordinated bonds worth Tk 10 billion to be issued by Dhaka Bank Limited and Jamuna Bank Limited. The approval came at a meeting of the Bangladesh Securities and Exchange Commission, presided over by its chairman Prof. M Khairul Hossain. Dhaka...

DSE/CSE News in Brief (29-03-2018)

DSE NEWSRecommendation of dividendPrime Finance & Investment Limited: The company has recommended No Dividend for the year ended on 31 December 2017. The AGM will be held on 28 June 2018 at 10:30 AM at PSC Convention Hall, Police Staff College Bangladesh, Mirpur-14, Dhaka. The record date is on 25...

Bay Leasing & Investment Limited signs participatory agreement

Managing Director of Bay Leasing & Investment Limited Iftekhar Ali Khan and General Manager and Project Director of Bangladesh Bank's Financial Inclusion Department Md. Abul Bashar exchanging documents after signing a participatory agreement recently between the two organisations on "Second Small and Medium Sized Enterprise Development Project" assisted by Asian...

Ali Reza Iftekhar with the trophy of Asiamoney Best Corporate and Investment Bank of Bangladesh

Managing Director and CEO of Eastern Bank Ltd. (EBL) Ali Reza Iftekhar seen with the trophy of Asiamoney Best Corporate and Investment Bank of Bangladesh at the Asiamoney award giving ceremony at JW Marriot, Hong Kong recently while CEO of EBL Finance (HK) Limited Sohail Murshed was present on the...

Touhidul Alam Khan of Prime Bank poses for photograph with the participants

Touhidul Alam Khan, Deputy Managing Director & Chief Business Officer of Prime Bank poses for a photograph with the participants in a training session on ‘Risk Management and Asset Liability Management (ALM) in Banks’ organised by Bangladesh Institute of Bank Management (BIBM) recently in presence of BIBM Professor and workshop...