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

Robi posts 134pc Q2 profit surge on operational efficiency

Robi Axiata posted a remarkable 134 per cent year-on-year surge in profit to Tk 2.57 billion for the second quarter to June this year amid challenging macroeconomic climate and tough market competition. Consolidated earnings per share (EPS) jumped to Tk 0.49 in the April-June quarter this year from Tk 0.21...

City Bank quarterly profit up 34pc on high bond yields

City Bank secured an impressive 34 per cent year-on-year growth in profit in the second quarter through June this year, driven by substantial income from investments in government securities.The first generation commercial bank's consolidated earnings per share (EPS) stood at Tk 1.55 for April-June this year, increased from Tk 1.16...

UCB INVESTMENT, UCB STOCK BROKERAGE SECURE TOP HONOURS AT EUROMONEY

UCB INVESTMENT, UCB STOCK BROKERAGE SECURE TOP HONOURS AT EUROMONEY United Commercial Bank (UCB)'s UCB Investment Limited was titled Bangladesh's 'Best Investment Bank' while UCB Stock Brokerage Limited was titled 'Best Securities House' and 'Best Bank for Research' for 2025 at the prestigious Euromoney Awards for Excellence. The celebrations for...

IPDC Finance profit sees 45.3pc jump in H1

IPDC Finance, one of Bangladesh's leading non-bank financial institutions, recorded a 45.3 per cent year-on-year increase in profit to Tk 150 million in the first half of 2025, driven primarily by a robust growth in investment income.Gross interest income grew 9.9 per cent year-on-year to Tk 4,643 million. However, interest...

MTB ORGANISES TRAINING IN MONEY LAUNDERING PREVENTION

MTB ORGANISES TRAINING IN MONEY LAUNDERING PREVENTIONUnder the "Lead Bank Programme" of Bangladesh Financial Intelligence Unit (BFIU), Mutual Trust Bank (MTB) organised a day-long training programme on prevention of money laundering and combating financing of terrorism in Sylhet on Saturday for the officials of commercial banks operating in Sylhet district....

Renata gets regulatory nod to issue preference stocks

Renata has obtained approval of the securities regulator to issue Tk 3.25 billion worth of "non-cumulative, non-participative, fully convertible preference shares" in a bid to ease its current financial burden.According to the company's filing on Monday, the Bangladesh Securities and Exchange Commission (BSEC) issued an order the day before asking...

Prime Bank's profit grows 32pc in H1

Prime Bank has announced a 32 per cent growth in profit after tax (NPAT) on consolidated basis for the first half of the year ended in June this year. The board of directors of the bank adopted its half-yearly un-audited financial statements at a board meeting on Sunday, according to...

NCC BANK LAUNCHES ATM BOOTHS AT METRO STATIONS

NCC BANK LAUNCHES ATM BOOTHS AT METRO STATIONSNCC Bank launched ATM booths across all 16 stations of the Mass Rapid Transit (MRT) Line-6 of the metro rail in Dhaka. The formal inauguration of an ATM booth was held at the Shahbagh station. Faruque Ahmed, managing director of Dhaka Mass Transit...

Islami Bank Holds Board Meeting--

Islami Bank Holds Board MeetingA meeting of the board of directors of Islami Bank Bangladesh PLC was held at Islami Bank Tower on Monday. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Md. Abdus Salam, chairman of...

SONALI BANK BOARDS HOLDS MEETING WITH ITS SMT

SONALI BANK BOARDS HOLDS MEETING WITH ITS SMTThe 16th review meeting between the Board of Directors and Senior Management Team (SMT) of Sonali Bank PLC was held at the Bank's head office conference room on Monday. Chairman of the Board of Directors Mohammad Muslim Chowdhury presided over the meeting. SMT...

JANATA BANK'S DHAKA NORTH DIVISIONAL BUSINESS CONFERENCE HELD

JANATA BANK'S DHAKA NORTH DIVISIONAL BUSINESS CONFERENCE HELDThe Dhaka North Divisional Half-Yearly Business Conference of Janata Bank PLC was held on Monday at the conference room of the Divisional Office. Md. Mazibur Rahman, Managing Director of the bank, attended the event as the chief guest while Md. Golam Mortuza, Deputy...

AL-ARAFAH ISLAMI BANK WORKSHOP ON International Trade Management

AL-ARAFAH ISLAMI BANK WORKSHOP ON International Trade Management Al-Arafah Islami Bank held a three-day training workshop titled 'Foreign Exchange & International Trade Management' at the bank's Training Institute recently. Managing Director (CC) Mohd. Rafat Ullah Khan inaugurated the workshop as the chief guest. The training workshop was presided over by...