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

Draft prospectus of SAML Income Unit Fund approved

The securities regulator has approved the draft prospectus of SAML Income Unit Fund whose initial size will be Tk 100 million.The approval came Wednesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).At the meeting, the securities regulator has also decided to start de-listing...

SJIBL NET launched

Shahjalal Islami Bank Limited launched internet banking service named -SJIBL NET. The Chairman of the Board of Directors of the Bank Mr. Md. Sanaullah Shahid inaugurated the SJIBL NET as the Chief Guest on Wednesday at the Corporate Head Office of the bank. The Managing Director & CEO of the...

Stocks extend losses as profit booking continues

Stocks extended the losing streak for the second consecutive session on Wednesday as risk-averse investors continued their profit booking sell-offs on quick-gaining shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 19.08 points or 0.38 per cent to settle at 4,963.The market opened on upbeat note...

IBBL officials honoured

Islami Bank Bangladesh Limited organized a programme to honour the Plasma donor officer-employees of Covid-19 victims on Tuesday at Islami Bank Tower, said a statement. Md. Mahbub ul Alam, Managing Director & CEO of the bank handed over the Crest and Prize Money to the Plasma donor officials as the...

25th AGM of Uttara Finance held

The 25th Annual General Meeting (AGM) of Uttara Finance and Investments Limited was held on digital platform on Wednesday. The AGM unanimously approved 15% cash dividend and 5% stock dividend for the year 2019. The total business exposure of Uttara Finance stands at Tk. 26,343.87 million in 2019 as against...

Quddus re-elected as Chairman of Rupali Insurance

Mr Mostafa Golam Quddus was unanimously re-elected as Chairman of Rupali Insurance Company Limited at the company's 192nd meeting of the board of directors held recently. Former President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Mr Mostafa Golam Quddus is the Chairman of Dragon Group, one of the largest...

NESCO installs smart prepayment meters

RAJSHAHI, Sept 30: Rajshahi City Corporation Mayor AHM Khairuzzaman Liton has said, during the previous government the country was facing 3,500 megawatt of shortages of electricity but now under the leadership of Sheikh Hasina the country has now a surplus of electricity. By recovering billions of Taka loss in the...

Paramount Textile generates highest turnover

Ten most-traded stocks accounted for 26 per cent transactions on the Dhaka Stock Exchange (DSE) on Wednesday while Paramount Textile topped the turnover chart.Share price of Paramount Textile also jumped more than 24 per cent in the just three straight sessions despite no undisclosed price sensitive information. Its share price...

Webinar on family business performance held

Chittagong Branch Council of ICMAB organised a webinar CPD on "Family Business performance" recently, said a statement.Md. Anisuzzamn FCMA, FCA, Chairman, Chattogram Branch Council of ICMAB inaugurated the programme and introduced the commentator and paper presenter to the audience. Md. Jasim Uddin Akond FCMA, President, ICMAB joined as the chief...

New DMDs of Al-Arafah Islami Bank

Syed Masodul Bari and Md. Mahmudur Rahman have recently been promoted to the position of deputy managing director (DMD) of Al-Arafah Islami Bank Ltd. Prior to the promotion, Syed Masodul Bari was serving as Senior Executive Vice President and Chief Technology Officer (CTO) and Md. Mahmudur Rahman as Senior Executive...

Prof Dr. Mahmuda Akter

Prof Dr. Mahmuda Akter, Executive President of Bangladesh Institute of Capital Market (BICM), made a courtesy call on Kazi Sanaul Hoq, Managing Director of Dhaka Stock Exchange Ltd (DSE), at the DSE Bhaban on Wednesday when Md. Habibullah, Assistant Professor of BICM, and Khaleda Jasmine Mithila, Public Relations Officer and...

Kanungopara Sub-branch of First Security Islami Bank

The Kanungopara Sub-branch of First Security Islami Bank Ltd. started its operation at Lila Complex (1st Floor), Kanungopara, Boalkhali, Chattogram on Wednesday. Mr. Syed Waseque Md Ali, Managing Director of First Security Islami Bank, inaugurated the sub-branch through video conference.

Dr Md Rafiqul Matin

Dr Md Rafiqul Matin, Managing Director of Bangladesh Telecommunications Company Limited (BTCL), seen at a live public hearing on the company's Facebook page on Tuesday where he answered the questions of the customers.