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

BEXIMCO, S Alam firms among top 20 loan defaulters

The list of the top 20 loan defaulters placed in parliament by Finance Minister Amir Khosru Mahmud Chowdhury on Monday includes listed firms BEXIMCO Ltd, Keya Cosmetics, and S. Alam Cold Rolled Steels.Financial data of the listed firms are publicly available, while those of the rest are not, as they...

Miracle Industries posts higher loss for Q3 despite surge in sales

Miracle Industries Limited (MIL) reported a higher loss of Tk 35.92 million in the third quarter of FY26 compared to the same quarter of the previous year, despite a 100 per cent increase in sales.Earnings per share (EPS) for January-March this year stood at Tk (1.02), compared with Tk (0.64)...

Legal reforms imminent to support market, says finance minister

The government is formulating three new laws and regulations aimed at protecting investors and streamlining regulatory processes.Finance Minister Amir Khosru Mahmud Chowdhury disclosed this in parliament on Monday while replying to a written question from Noakhali-5 MP Mohammad Fakhrul Islam.At the core of the reform agenda are three major legal...

Boisabi Fest held at AUW

CHATTOGRAM, Apr 06: The Asian University for Women (AUW) marked the conclusion of its 2025-2026 cohort with Boisabi Fest 2026 on Sunday, bringing together culture, dialogue and community in a vibrant celebration organised by the university's Peace Café.A key highlight of the festival was a panel discussion titled "Reclaiming Space:...

BANK ASIA ACHIEVES DEPOSIT OF TK 40B IN Q1

Bank Asia achieved a net deposit of Tk 40 billion during the first quarter (January-March) of 2026, reflecting strong customer confidence and the bank's continued commitment to sustainable growth. To celebrate this achievement, the bank organised a programme at the corporate office, Bank Asia Tower, Karwan Bazar, Dhaka. Sohail R...

AB BANK SIGNS MOU WITH IRONMAN COMPANY

AB Bank signed a memorandum of understanding (MoU) with iRONman Company to establish a strategic partnership aimed at supporting the financial requirement of listed dealers/distributors of iRONman Company under the bank's SME product "UTTARAN." Reazul Islam, acting managing director & CEO of AB Bank, Md. Arijul Islam Mollick, head of...

IFIC BANK ORGANIZES RAMADAN CAMPAIGN'S RAFFLE DRAW WITH WESTERN UNION

IFIC Bank and Western Union organised the raffle draw of the Ramadan campaign at IFIC Tower in Dhaka on Monday. Under the slogan "Send Remittance, Win Prizes!" customers who received remittances at IFIC Bank across the country through Western Union throughout the holy month of Ramadan received gifts. Three lucky...

JANATA BANK OPENS RAMPAL TAP BIDYUT KENDRA SUB-BRANCH

Janata Bank PLC has recently opened Rampal Tap Bidyut Kendra Sub-branch in Bagerhat. Managing Director Md Mazibur Rahman inaugurated the sub-branch as the chief guest. Managing Director of Bangladesh India Friendship Power Company Limited (BIFPCL) Ramanath Pujari, Project Director-in-Charge Abhishek Kumar, and DPD Md. Alauddin were present as special guests....

BANGLADESH KRISHI BANK OPENS SAHARBATI BAZAR SUB-BRANCH

Bangladesh Krishi Bank opened Saharbati Bazar Sub-Branch under Gangni Branch in Meherpur on Monday with a view to strengthening rural economy. Deputy Managing Director of the bank Mohd. Khaleduzzaman formally inaugurated the sub-branch as the chief guest. Anwar Hossain, Upazila Nirbahi Officer (UNO) of Gangni, and General Manager of the...

Goldman Sachs private credit fund defies redemption surge across industry

Goldman Sachs' private credit fund said on Monday investors requested to repurchase just under 5 per cent of shares in the first quarter, staying within its cap and defying a broader rise in redemption requests across the sector, reports Reuters.Fears that artificial intelligence could erode the earnings power of software...

Indian shares rise on Mideast peace hopes

Indian shares erased early losses to end higher on Monday on hopes of easing Middle East tensions, with bank stocks leading gains after several lenders reported strong March-quarter loan growth, reports Reuters.The Nifty 50 rose 1.12 per cent to 22,968.25 and the Sensex added 1.07 per cent to 74,106.85, after...