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

Treasury investments fuel H1 profit growth in most listed banks

Most listed banks posted double-digit year-on-year profit growth in the first half (January-June) of 2026, buoyed by higher investment income from government securities and increased earnings from fees and commissions.Analysts said lenders with lower non-performing loans (NPLs), strong returns from Treasury bills and bonds, steady deposit growth and sound governance...

DBH Finance H1 profit jumps 32pc

DBH Finance PLC posted a 32.37 per cent year-on-year increase in profit in the first half of 2026, driven by the reversal of provisions against investments and lower provisioning requirements for loans and advances.The non-bank financial institution reported earnings per share (EPS) of Tk 2.74 for the January-June period, up...

Improve network quality, tackle call drops

Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam on Thursday urged mobile operator Grameenphone to address persistent public concerns over call drops, network quality and the pricing of voice and data packages, saying that customer interests must remain a top priority.Speaking as the chief guest at the inauguration of...

BRAC Bank rolls out Bangla QR at BRAC University

BRAC Bank has rolled out Bangla QR at BRAC University to facilitate cashless transactions on its campus in Dhaka, taking a significant step towards supporting Bangladesh Bank's "Cashless Bangladesh" initiative.Bangladesh Bank Governor Md. Mostaqur Rahman inaugurated the initiative as the chief guest at a ceremony at the university on Thursday,...

Sufia Akter joins UCB as DMD

Prominent banker Sufia Akter has recently joined United Commercial Bank PLC (UCB) as Deputy Managing Director (DMD). She will lead the Wholesale Banking Division as DMD, says a press statement.Prior to joining UCB, she played a pivotal role in establishing the Transaction Banking Department in Bank Asia.With over 26 years...

Prime Bank initiates first digital trade transaction

Prime Bank PLC has initiated Bangladesh's first digital trade transaction under a pilot programme introduced by Bangladesh Bank. The initiative allows trade documents to be exchanged electronically through approved international trade corridors, reducing the need for paper-based documentation, says a press statement.The transaction was initiated using the internationally recognised rules...

Bangladesh explores 'agrivoltaics' to boost food security, clean energy

Bangladesh is exploring agrivoltaics -- the dual use of farmland for agricultural production and solar power generation -- as a potential solution to strengthen food security, expand renewable energy generation and enhance climate resilience amid growing pressure on land resources.The prospects of the emerging technology were discussed at a national...

PUBALI BANK RECEIVES TWO INTERNATIONAL HONOURS

Pubali Bank PLC has been honoured with two prestigious international awards at the 4th ICC Emerging Asia Banking Conclave & Awards 2026, organised by the Indian Chamber of Commerce (ICC). The Bank received recognition in the 'Best Bank - Bangladesh' and 'Best Performance on Growth - Bangladesh' categories. On behalf...

MODHUMOTI BANK HOLDS 13TH ANNUAL GENERAL MEETING

Modhumoti Bank PLC held its 13th Annual General Meeting at a city hotel on Thursday. Presided over by Chairman of the bank Salahuddin Alamgir, the meeting was attended by Vice Chairman Mohammad Ismail Hossain, Chairman of the Executive Committee Mostafa Kamal, Chairman of the Risk Management Committee A Mannan Khan,...

Adidas shares slide record 17pc

Adidas investors punished the German sportswear maker's profit miss on Thursday, dragging its shares down a record 17 per cent despite the company lifting its annual sales outlook on demand for its retro apparel and a soccer World Cup boost, reports Reuters.Adidas' operating profit in the quarter undershot analyst estimates,...

Asia stock-picking hedge funds set for record monthly loss, says Goldman

HONG KONG, July 30 (Reuters): Asia-focused equity hedge funds are heading for their biggest monthly drawdown on record, a Goldman Sachs note showed, as a broad AI stock rout wiped out much of the gains from crowded bets in the sector.Asia-focused fundamental long-short funds have fallen 18.6 per cent on...

London's FTSE 100 at record high

London's FTSE 100 hit another intraday record high on Thursday, lifted by miners and industrial stocks, as investors assessed escalating tensions in the Middle East ahead of the Bank of England's monetary policy decision, reports Reuters.The blue-chip FTSE 100 index rose 0.4 per cent to an all-time peak of 10,950.32...