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

Stocks keep soaring amid rising confidence

Stocks extended the winning streak for the fifth straight session on Monday as the buoyant investors continued their appetite on large-cap issues amid investors' growing confidence in the market.DSEX, the core index of the Dhaka Stock Exchange (DSE), went up by 29.10 points or 0.57 per cent to settle at...

Community Bank signs deal with Anwar Landmark

Community Bank Bangladesh Limited signed an agreement with Anwar Landmark on Sunday. Masihul Huq Chowdhury, Managing Director and CEO of Community Bank, and Manwar Hossain, Vice Chairman of Anwar Landmark Limited, signed the agreement on behalf of their respective organisations, said a statement. Under the agreement Community Bank will offer...

Two companies share prices surge sans PSI

The share prices of two companies - Unilever Consumer Care and Islami Insurance Bangladesh - have been soaring despite no undisclosed price sensitive information.Unilever Consumer Care: Within five trading sessions, share price of Unilever Consumer Care, previously known as GlaxoSmithKline, jumped about 34 per cent or Tk 767 each to...

Khulna Zone of IBBL organises webinar on Shari'ah compliance

Khulna Zone of Islami Bank Bangladesh Limited organised a webinar titled 'Compliance of Shari'ah in Banking Sector' on Saturday, said a statement. Professor Md. Kamal Uddin, Ph.D, Director of the bank addressed the programme as the chief guest. Md. Mahbub ul Alam, Managing Director & CEO of the bank addressed...

BASIC Bank launches Contactless Credit Card

State-owned BASIC Bank Limited has launched dual currency contactless credit card. BASIC Bank is the first among all the state-owned banks to launch this type, said a statement. Professor Dr. Md. Abul Hashem, Chairman of the Board of Directors of the Bank, joined a virtual opening ceremony, arranged by the...

vivo marks 3 years of smartphone innovation in Bangladesh

Global smartphone manufacturer brand vivo marks 3 years of its journey in Bangladesh on Sunday. With its presence in more than 30 countries, vivo began its monumental journey in Bangladesh in 2017 by introducing the V7+ from the iconic V series. vivo has gradually carved a niche for itself and...

'No Mask, No Service' at Premier Bank

A two-step approach was devised and swiftly executed by The Premier Bank Limited to implement the directive of Prime Minister on mandatory use of masks.The first step was designed to raise awareness on the issue, which was done through developing related communication materials and distributing through the company website, multiple...

Hili Sub-branch under Panchbibi Branch of Jamuna Bank

The Hili Sub-branch under Panchbibi Branch of Jamuna Bank Limited was inaugurated at Hili, Hakimpur pourosova in Dinajpur. Md. Belal Hossain, Director of Jamuna Bank, was present as the chief guest at the event. Deputy Managing Director of the bank Md. Fazlur Rahman Chowdhury was present as special guest.

SBAC Bank congratulated A.K.M Sajedur Rahman Khan

Md Kamal Uddin, Managing Director (CC) of South Bangla Agriculture and Commerce (SBAC) Bank Limited, congratulated A.K.M Sajedur Rahman Khan on being appointed as Deputy Governor of Bangladesh Bank by handing over a bouquet at his office on Sunday while, the bank's Head of Branding & Communications Division, Md. Asadullahil...

Asian shares ease from record high

SYDNEY, Dec 07 (Reuters): Asian shares retreated from a record peak on Monday after a Reuters report the United States was preparing to impose sanctions on some Chinese officials highlighted geopolitical tensions, while oil prices fell on surging virus cases.In a signal markets elsewhere would start weaker, eurostoxx 50 futures...

Abu Dhabi Investment Office to open Israel office in weeks

DUBAI, Dec 07: State-run Abu Dhabi Investment Office (ADIO) will open its office in Israel within weeks, its director general said on Monday. ADIO announced in September it would open its first office outside the United Arab Emirates in Tel Aviv following the UAE-Israel agreement signed the same month to...

DSE/CSE News in Brief (08-12-2020)

Dividend disbursementRupali Life Insurance Company Ltd: The bonus shares of the company for the year ended on December 31, 2019 have already been credited through CDBL to the respective shareholders' BO accounts and it has also disbursed the cash dividend to the respective shareholders' bank accounts through BEFTN system. NRB...

Khondoker Rashed Maqsood

Khondoker Rashed Maqsood, Managing Director& CEO of Standard Bank Limited, inaugurated a three-day virtual training course on "Investment Banking Under Islamic Shariah" organised by the training institute of the bank. Among others, Md. Touhidul Alam Khan, Additional Managing Director, CRO & CAMLCO and Mohammad Rafiqul Islam, DMD & COO, were...

Billionaire Siebel's C3.ai boosts IPO price range as investors flock to tech stocks

C3.ai, founded by billionaire tech entrepreneur Tom Siebel, said on Monday it expects to raise $589 million in its initial public offering (IPO) after boosting its price range, underscoring the demand for new tech listings, reports Reuters.The software company plans to sell 15.5 million shares priced at between $36 and...

Indian shares end at record high

BENGALURU, Dec 07 (Reuters): Indian shares closed at a record high on Monday, with the Nifty rising for a fifth straight session as consumer goods giants Hindustan Unilever and ITC advanced, although losses in private sector lender HDFC Bank capped gains. The NSE Nifty 50 index ended up 0.73 per...