Cos prefer bank loans to delayed funding through IPO
The approval of an IPO (initial public offering) proposal takes longer in Bangladesh than in peer countries in the absence of any clear guidelines to comply with for public offerings, say merchant bankers. They say the estimated time to receive approval of a proposal is around 18-24 months in Bangladesh...
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Mati Ul Hasan new MD of Mercantile Bank
Mercantile Bank has appointed Mati Ul Hasan as managing director (MD) of the bank. Earlier, he was additional managing director and chief risk officer of the bank, according to a press release.Mr. Hasan started his career as probationary officer in IFIC Bank Limited in 1984. He held various positions in...
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IFIC BANK HOSTS BUSINESS CONFERENCE
IFIC BANK HOSTS BUSINESS CONFERENCEIFIC Bank, which has over 1,400 branches and sub-branches across the country, hosted 'IFIC Largest Banking Network Business Conference' on Friday. The conference took place at an auditorium in Bogura Sadar and brought together employees from 22 branches and 166 sub-branches across Rajshahi and Rangpur zones....
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World markets head for reality check after month of Trump--
LONDON, Nov 29 (Reuters): November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.Trump trades, essentially punishing tariff-sensitive assets from European exporters to Mexico's peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained...
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Chinese bond market grapples with 'Japanification'
Arjun Neil Alim in Hong Kong and Ian Smith in LondonChina's long-term bond yields have fallen below Japan's for the first time, as investors bet that the world's second-biggest economy will become bogged down by the deflation that has long afflicted its neighbour.A rally in 30-year Chinese government bonds has...
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