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

ADN Telecom's IPO bidding begins tomorrow

The bidding for discovering cut-off price for initial public offering (IPO) of ADN Telecom Ltd by eligible investors will begin tomorrow (Monday).The electronic bidding will continue until 5.00pm on November 08 round-the-clock, officials said.The securities regulator - Bangladesh Securities & Exchange Commission (BSEC), allowed ADN Telecom to determine its cut-off...

BRAC Bank, Pathao sign deal

BRAC Bank Limited and Pathao Limited have signed an agreement to finance motorbikes for rider. This is the first collaborative rider financing in the country involving a bank and a ride sharing company. Under the agreement, BRAC Bank will provide loans to Pathao riders. The easy access to financing will...

Modhumoti Bank holds half-yearly agent banking biz confce

The Half Yearly Agent Banking Business Conference- 2018 of Modhumoti Bank Limited was held on Saturday at DCCI Auditorium & Business Lounge, said a statement. Mr. Humayun Kabir, Chairman of the Board of Directors of Modhumoti Bank Limited, was present as the Chief Guest. Mr. A.Mannan Khan, Director of Modhumoti...

Prime Bank has recently signed agreements with Prime Insurance Company Limited at

Prime Bank has recently signed agreements with Prime Insurance Company Limited at Bank's head office. ANM Mahfuz, Head of Consumer Banking of Prime Bank and Sujit Kumar Bhowmik, AMD of Prime Insurance Company Limited exchanged documents after signing the deal. Under the deal, the Bank's Monarch Customers (Priority Banking segment...

KDS Accessories posts 31pc revenue growth

KDS Accessories, a Chittagong-based leading garment accessories producer, maintained a steady sales and profit growth since listing on the bourses.The garment accessories maker posted a 31 per cent year-on-year revenue growth for the Fiscal Year (FY) 2017-2018.The company' total revenue stood at Tk 2.07 billion for the year ended on...

IDLC awards first Finance Olympiad Champions

The final gala round of the first ever Finance Olympiad organised by non-banking financial institute IDLC Finance Limited was held at Krishibid Institution Bangladesh in the city recently, according to a statement. Kazi M. Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) graced the event as the chief...

DSE/CSE News in Brief (4-11-2018)

DSE NEWSBoard meetingsEastern Lubricants Ltd.: As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on November 10, 2018 at 1:00 pm to consider, among others, audited financial statements of the company for...

Associated Builders Corporation Limited (ABC Group) on Saturday awarded meritorious

Associated Builders Corporation Limited (ABC Group) on Saturday awarded meritorious children of the employees of the company for achieving excellent results in SSC & HSC examinations

Chairman of the board of directors of Fareast Islami Life Insurance Company Limited Md Nazrul Islam

Chairman of the board of directors of Fareast Islami Life Insurance Company Limited Md Nazrul Islam addressing the 'Zonal Conference 2018' of the company as the chief guest in the city on Saturday where Chief Executive Officer of the company Md Hemayet Ullah, Additional Managing Director and CFO Md Abdul...