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

Many listed banks' EPS see moderate rise in 2018

Most of the listed banks, which so far disclosed financial statements, have witnessed moderate rise in earnings per share (EPS) in 2018 compared to previous year. The officials said the banks which kept provision in 2017 were able to witness rise in earnings for the year ended on December 31,...

Padma Bank vows to bounce back

Padma Bank Ltd, formerly Farmers Bank Limited has planned to cut at least 40 per cent classified loans in 2019 as the bank is expediting its loan recovery process.The bank also puts thrust on attracting new generation customers."We are getting positive responses in our core businesses (deposit and recovery) and...

DSEX slides to 4.5 months low

Stocks slipped back into the red on Sunday amid lack of investors' confidence in the ongoing bearish capital market.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 27.98 points or 0.53 per cent to settle at 5,238.It was the lowest level of DSEX in four-and-a-half-months since...

Local firm brings robotic software 'Robo2Mation' for companies, FIs

A local technology company has brought robotic process automation (RPA) service or robotic software, for the first time in Bangladesh, aiming to facilitate operations in banks, non bank financial institutions, telcos and other businesses.The specialised service called 'Robo2Mation', would help ensure faster and reliable operations with diligence and transparency creating...

BAT holds AGM, EGM

The 46th Annual General Meeting and an Extraordinary General Meeting of British American Tobacco Bangladesh Company Limited (BAT Bangladesh) were held on Tuesday at the Pan Pacific Sonargaon Hotel in Dhaka. Golam Mainuddin, Chairman of BAT Bangladesh, presided over the meetings. The Board of Directors and shareholders also approved the...

News Briefs(29-3-2019)

Md. Atiqur Rahman New chairman of Jamuna BankEngr. Md. Atiqur Rahman assumed the office of Chairman of the Board of Directors of Jamuna Bank Limited on Sunday. He earlier served as Chairman of the Board of Directors of Jamuna Bank Limited from April 27, 2003 to April 26, 2004. He...

Energypac celebrates world day for safety

Steelpac, a product of Energypac celebrated world day for safety and health at workplaces. Various trainings and demonstrations took place throughout the whole day, said a statement. In order to promote workplace safety across the whole year, Energypac has decided to reward top 5 employees maintaining safety with ‘safety of...

Salman F Rahman

Salman F Rahman, Prime Minister's private sector industry and investment adviser addressing a conference titled "Local Capital Market Infrastructure Financing" at a city hotel Sunday. The Dhaka Chamber of Commerce and Industry (DCCI) and GuarantCo, a Private Infrastructure Development Group (PIDG) company jointly organised the event

Closing & Prize Distribution Ceremony

The Closing & Prize Distribution Ceremony of "Bangabandhu Inter University Sports Champs 2019", sponsored (Gold) by Modhumoti Bank Limited was held on Saturday at Bangabandhu National Stadium, Dhaka. Prime Minister Sheikh Hasina was present as the Chief Guest. Abdullah Al Islam Jakob, MP, Chairman, Standing Committee of Ministry of Youth...