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

Four cos recommend dividend last week

FE ReportFour listed companies, including two banks, recommended dividend last week ranging from 10 per cent to 25 per cent for the year ended on December 31, 2017.The companies are: Mercantile Bank, Pubali Bank, United Finance and FAS Finance & Investment.Mercantile Bank: The board of directors of Mercantile Bank has...

Bangladesh Bank Governor Fazle Kabir, Shahjalal Islami Bank Limited

Bangladesh Bank Governor Fazle Kabir, Shahjalal Islami Bank Limited (SJIBL) Chairman Akkas Uddin Mollah, Chairman of the Bank Foundation Engr. Md. Towhidur Rahman, Director Abdul Halim and Managing Director Farman R Chowdhury and senior executives of the bank seen among the students at a scholarship award giving ceremony at Officers...

SCB appoints new head of Financial Markets

Muhit Rahman has recently been appointed as Head of Financial Markets (FM) of Standard Chartered Bank Bangladesh, according to a statement. He has more than 23 years of corporate & institutional banking experience, and has been with the bank since 2005 in various leadership positions. In his last role as...

Prime Finance offers no dividend for five years

Prime Finance & Investment Limited last week declared no dividend for its shareholders for the year 2017. The company failed to declare any dividend for the shareholders for last five consecutive years since 2012. It had last disbursed 20 per cent stock dividend in 2012, DSE data shows. Despite no...

LankaBangla Finance opens branch at Gulshan

LankaBangla Finance Limited has started its operation as 25th branch at Gulshan-1 in the capital. The branch was formally inaugurated recently by company Chairman Mr. Mohammad A. Moyeen along with Directors I. W. Senanayeke and Mabubul Anam. Managing Director of LankaBangla Securities Limited Mohammed Nasir Uddin Chowdhury and Managing Director...

Islami Bank Securities holds AGM

The 8th Annual General Meeting (AGM) of Islami Bank Securities Limited, a subsidiary company of Islami Bank Bangladesh Limited, was held at the company's head office on Thursday last. The meeting approved 10 per cent cash dividend for the Shareholders for the year 2017. Presided over by company Chairman Md....

DSE registers Tk 1.2 b in block trade last week

FE ReportDhaka Stock Exchange (DSE) witnessed about Tk 1.20 billion in block trade, accounting for 13 per cent of total transaction last week that ended on Thursday.Turnover, the crucial indicator of the market, stood at Tk 12.84 billion during the week, more than 27 per cent down from previous week's...

M. Kamal Hossain, Managing Director of Southeast Bank Limited

M. Kamal Hossain, Managing Director of Southeast Bank Limited, handing over the key of an ambulance to Advocate Akramuzzaman, President of Feni Diabetic Association, as a part of its corporate social responsibility in presence of Mohammed Kamrul Ahsan, EVP and Head of Southeast Bank Feni Branch

Social Islami Bank holds BAMLCO conference

Social Islami Bank Limited (SIBL) arranged "Branch Anti Money Laundering Compliance Officers' (BAMLCO) Conference-2018" at Muzaffar Ahmed Chowdhury Auditorium of Dhaka University on Saturday, according to a statement. Deputy Governor and Head of BFIU of Bangladesh Bank Abu Hena Mohd. Razee Hassan inaugurated the conference as the chief guest.Executive Director...

DSE/CSE News in Brief (1-04-2018)

DSE NEWSBoard meetingPremier Leasing & Finance Limited: A board meeting will be held on April 05, 2018 at 2:35 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.Resumption of tradingVanguard AML Rupali Bank Balanced Fund: Trading of the units of...

Eastern Bank Limited (EBL) Managing Director and CEO Ali Reza Iftekhar

Eastern Bank Limited (EBL) Managing Director and CEO Ali Reza Iftekhar and Acting Head of Retail Banking M. Khorshed Anowar seen with the 'Best Retail Bank in Bangladesh' for 2018 trophy, awarded by Singapore-based The Asian Banker for the sixth time at The Asian Banker's International Excellence in Retail Financial...