Stocks edge higher ahead of monetary policy
Stocks closed higher on Monday as some investors remained active in making bets ahead of the announcement of the monetary policy statement.Market analysts said some institutional investors continued to buy shares while some others realigned their portfolios in view of the ongoing earnings declarations.The Bangladesh Bank is set to unveil...
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City Bank to issue Tk 4.0b perpetual bonds
The board of directors of the City Bank Ltd. has decided to raise Tk 4.0 billion through issuance of perpetual bonds, said an official disclosure on Monday.The bank will raise the fund to meet capital requirement under Basel III and to strengthen the regulatory capital base of the bank in...
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Fortune Shoes generates highest turnover
Ten most traded companies accounted for 27 per cent transactions on the Dhaka Stock Exchange (DSE) on Monday, with the Fortune Shoes making it to the top of the turnover list again.Market analysts said investors continued to show their appetite for Fortune shares, buoyed by dividend expectations coupled with the...
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Mercantile Bank training course
Mercantile Bank organised two training courses titled 'Various aspects of branch management for efficient banking operation' and 'Consumer & retail banking' at its training institute in Dhaka recently. A total of 41 officers and executives of 40 branches of the bank participated in the weeklong courses. Md Quamrul Islam Chowdhury,...
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Bengal Meat discount for BRAC Bank cardholders
BRAC Bank Limited and Bengal Meat Processing Industries Ltd signed an agreement on Monday to provide exclusive privilege for the bank's debit cardholders. Under the agreement, all BRAC Bank debit cardholders can now enjoy 10 per cent discount on cattle processing fee while buying processed cattle from Bengal Meat Online...
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Three mutual funds declare dividend
The trustee committees of three mutual funds have declared dividend for the year ended on June 30, 2019.The mutual funds are NLI First Mutual Fund, Southeast Bank 1st Mutual Fund and Asian Tiger Sandhani Life Growth Fund, according to official disclosures on Monday.NLI First MF: The trustee committee of the...
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Sensex slips 196 points
Benchmark indices of Indian markets slipped to their two-month low levels on Monday as uncertainty over the US Fed's two-day policy review and intensified selling by foreign portfolio investors (FPIs) made investors jittery, reports ETmarkets.com. June quarter earnings, too, have been at best a mixed bag for the market.BSE Sensex...
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Southeast Bank Staff Bus Service
Md Asaduzzaman Mia, Commissioner, Dhaka Metropolitan Police, along with M Kamal Hossain, Managing Director of Southeast Bank Limited, inaugurating the Southeast Bank Staff Bus Service for the bank employees in the city recently
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124th branch of Shahjalal Islami Bank at Brahmanpara in Cumilla
Director of Shahjalal Islami Bank Limited Mohiuddin Ahmed along with Managing Director & CEO M Shahidul Islam and other officials inaugurating the 124th branch of the bank at Brahmanpara in Cumilla on Monday
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Social Islami Bank inaugurating Chunati Banking Booth
Chairman of the Board of Directors of Social Islami Bank Limited Prof Md Anwarul Azim Arif along with other officials inaugurating the Chunati Banking Booth at Chunati in Lohagara, Chattogram, on Monday
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