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

Top banks' inherent strengths drive profit growth in Jan-Sept

Well-performing banks offset a year-on-year decline in net interest income in the nine months through September with higher returns from investments in government securities.Market-based interest rates helped lenders earn more in interest during the period compared to the same period last year, but interest payments to depositors and other lenders...

Berger's profit edges up in April-September

Berger Paints reported a slight year-on-year decline in profit - by 2.70 per cent - to Tk 1.49 billion in the first six months of FY26, as the cost of sales increased due to currency devaluation.According to a disclosure on Thursday, the market leader in the paint industry, holding a...

IDLC Finance secures Q3 profit growth on higher investment income

IDLC Finance reported a 34.78 per cent year-on-year rise in profit to Tk 0.68 billion for the third quarter ending in September this year, driven by higher investment income.The company is among the few non-bank financial institutions (NBFIs) that have managed to contain non-performing loans. However, during the quarter to...

EBL's business acumen achieves one of lowest NPL ratios

Eastern Bank's non-performing loans stood at just 3.07 per cent at the end of September this year, far below the industry average of over 27 per cent as of June."Strong focus on asset quality has driven the bank to achieve low non-performing loans," the bank said in a statement on...

ACC to sue former Robi official for 'acquiring' illegal assets

The Anti-Corruption Commission (ACC) has decided to file a case against Md Rakibul Hasan, a former official of Robi Axiata Limited, on charges of acquiring illegal wealth and hiding information about his assets.ACC Deputy Director Md. Akhtarul Islam on Thursday confirmed that charge-sheet has been framed against him under sections...

United Finance posts 6pc profit growth

United Finance PLC held its 235th board meeting on Wednesday, where the financial results for the third quarter of 2025 were approved. The company reported a 6 per cent year-on-year growth in net profit for the first nine months of 2025, demonstrating resilience and operational strength amid a challenging market...

AI boom hits Bangladesh amid global race in 'Fourth Industrial Revolution'

Artificial intelligence (AI) is no longer just about ChatGPT, Gemini, Grok, or Perplexity; in an age charged with the excitement of the Fourth Industrial Revolution, billions of dollars are being poured into AI and automation as global tech giants compete fiercely, and this technological wave has now reached Bangladesh as...

PUBALI BANK HOLDS WORKSHOP ON CYBER SECURITY AWARENESS

Pubali Bank's ICT Operation Division recently organised a virtual workshop on cyber security awareness. Mohammad Ali, managing director & CEO of Pubali Bank, inaugurated the workshop as chief guest and delivered a speech on overview on security roadmap of Pubali Bank. Deputy Managing Directors Mohammad Esha, Mohammad Shahadat Hossain, Ahmed...

UCB INVESTMENT, BRAIN STATION 23 SIGN ISSUE MANAGEMENT AGREEMENT

UCB Investment Limited signed an agreement with Brain Station 23 to act as its issue manager, as the software services company in Bangladesh will venture into the capital market with its upcoming initial qualified investor offer. Tanzim Alamgir, managing director & CEO of UCB Investment Limited, and Raisul Kabir, managing...

SHAHJALAL ISLAMI BANK HOLDS 906TH EC MEETING

The 906th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Committee chairman Akkas Uddin Mollah. Members of the Committee discussed various issues related to investment in different sectors. Directors...

JANATA BANK HOLDS ASSET-LIABILITY MANAGEMENT COMMITTEE MEETING-

Janata Bank PLC held a meeting of the Asset-Liability Management Committee (ALCO) at the bank's head office on Thursday, with the bank's Managing Director Md Mazibur Rahman in the chair. Deputy Managing Directors Md. Golam Mortuza, Md. Nazrul Islam, and Md. Ashraful Alam attended the meeting. During the meeting, the...

BHBFC HOLDS PUBLIC HEARING

A public hearing was held at the headquarters of Bangladesh House Building Finance Corporation (BHBFC) in Dhaka on Wednesday as part of its ongoing Customer Service Fortnight. The public hearing was chaired by Md. Abdul Mannan, Managing Director of BHBFC. Deputy Managing Director Md. Noor Alam Sardar and other senior...

Asia stocks muted with all eyes on Trump-Xi meeting

HONG KONG, Oct 30 (AFP): Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade war.Presidents Donald Trump and Xi Jinping met for the first time since 2019 in Busan, South Korea,...