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

Advanced products to be launched in capital mkt

Central Counterparty Bangladesh Limited (CCBL), a clearing and settlement company, will be formed within a week.DSE sources said all relevant formalities are near completion.The Dhaka Stock Exchange (DSE) on Wednesday submitted documents to Registrar of Joint Stock Companies and Firms (RJSC) for getting registration of the CCBL."We hope the CCBL...

Stocks keep gaining amid growing confidence

Stocks rallied for the ninth straight session on Wednesday amid growing investors' confidence as the national election was held almost peacefully on December 30.Market analysts said the investors took a fresh position expecting better days ahead riding on political stability and more sound business activities.The market is on the way...

Bangas, Shurwid upgraded to "A" category

Dhaka Stock Exchange (DSE) has upgraded two listed companies to "A" category from existing "Z" category as they have reported disbursement of 10 per cent or more than 10 per cent dividend.The companies are: Bangas Limited and Shurwid Industries. The trading with upgraded category of these two companies will be...

New Independent Director of Delta Life Insurance

Salahuddin Ahmad Mr. Salahuddin Ahmad, a Bangladeshi jurist, former Attorney General, and a prominent practicing lawyer of the Supreme Court of Bangladesh, has recently been appointed as an Independent Director of Delta Life Insurance Company Limited. He completed his B.Sc in Economics from London School of Economics; MA from the...

New DMD of NRB Bank

Md. Khurshed Alam Md. Khurshed Alam has joined as new Deputy Managing Director of NRB Bank Limited, according to a statement. Prior to joining, he was Senior Executive Vice President (SEVP) in the Eastern Bank Limited.A veteran in the banking industry, Mr. Alam has multi-functional experience in Branch Banking Credit...

News Briefs (3-1-2019)

UCB signs MoU with Swisscontact United Commercial Bank Limited (UCB) recently signed a MoU with Swisscontact on B-SkillFUL project. As per the MoU, the travel allowance to trainees of B-SkillFUL project of Swisscontact will be disbursed by UCash, mobile financial services. Mr. A. T. M. Tahmiduzzaman, Executive Vice President of...

DSE/CSE News in Brief (3-1-2019)

DSE NEWSResumption of production CVO Petrochemical Refinery Ltd.: Referring to their earlier news disseminated by CSE on December 17, 2018 regarding Closure of Production (Process & Operation Department) of the company for 15 days; the company has further informed that they have successfully completed the scheduled maintenance and machinery upgradation...

Arif Quadri

Arif Quadri, Additional Managing Director of UCB, seen among others in the MoU signing ceremony with Swisscontact on B-SkillFUL project. As per the MoU, the travel allowance to trainees of B-SkillFUL project of Swisscontact will be disbursed by UCash, mobile financial services

Syed Mahbubur Rahman

Syed Mahbubur Rahman, Managing Director & CEO of Dhaka Bank Limited and Shib Narayan Kairy, Treasurer of BRAC University are seen exchanging documents at a signing ceremony between two organisations which took place at BRAC University Campus on Tuesday. Under this agreement, students of BRAC University can pay their tuition...

Dr. HBM Iqbal

Dr. HBM Iqbal, Chairman of Premier Bank Ltd inaugurating the New Year Celebration along with B. H. Haroon, MP, Director, Muhammad Ali, advisor of the bank and M. Reazul Karim, Managing Director & CEO

IFIC Bank on Tuesday observed New Year 2019

IFIC Bank on Tuesday observed New Year 2019 by organising a simple ceremony at its head office at IFIC Tower in Purana Paltan. Shah A Sarwar, Managing Director & CEO of the bank, inaugurated the programme by cutting a cake

Mohammad Shams-Ul Islam

Mohammad Shams-Ul Islam, Managing Director and CEO of Agrani Bank Limited, presenting a bouquet to Dr. Zaid Bakht, Chairman of the board of directors of the bank, in the city on Tuesday for registering satisfactory performance in 2018. The meeting was held to review the annual performance of the bank...

Md. Touhidul Alam Khan

Md. Touhidul Alam Khan, Deputy Managing Director of Prime Bank Limited and Md. Jahangir Alam Khan, Managing Director of JK Group, exchanging documents after signing an agreement on behalf of their respective organisations recently for "Payment Solution through BEFTN". Under the agreement, different concerns of JK Group will use Bangladesh...