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

IPOs surge 194pc in nine months of 2018

Fund raising by companies through initial public offerings (IPOs) surged by 194 per cent in the nine months of this year compared to the same period of the previous year.During January-September 2018, 11 companies raised a total of Tk 5.01 billion through their respective IPOs, according to statistics from the...

Stocks keep gaining as telecom, power jump

Stocks ended marginally higher on Tuesday, extending the gaining streak for the second day in a row, as some investors continued their buying appetite on sector-specific shares.Market operators said a section of investors showed their buying spree on pharmaceuticals, food, power and telecom issues, helping the market edge higher for...

Generation Next Fashions recommends 10pc dividend

The board of directors of Generation Next Fashions has recommended 10 per cent stock dividend for the year ended on June 30, 2018.The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on November 22 in Dhaka, said an official disclosure on...

Silva Pharma makes debut today

Silva Pharmaceuticals will make its share trading debut on the stock exchanges today (Wednesday) under "N" category.The company's profit after tax stood at Tk 92.99 million and post-IPO earnings per share (EPS) was Tk 0.72 for the year ended on June 30, 2018 as against profit after tax of Tk...

Bank Asia opens BSMMU Collection Booth

Bank Asia Limited has opened its "BSMMU Collection Booth" at Unique Heights, 117 Kazi Nazrul Islam Avenue in the city on Tuesday, according to a statement. The event was chaired by Md. Arfan Ali, President & Managing Director of Bank Asia. Mohammad Borhanuddin, DMD & COO of the bank delivered...

News Briefs-(10-10-2018)

BMBA holds seminar tomorrowBangladesh Merchant Bankers Association (BMBA) will hold a seminar in the capital tomorrow (Thursday) to create awareness among the retail investors about the primary market. The association organised the seminar as part of observing the World Investors Week 2018 jointly with the investors of the capital market....

SBAC Bank and Insaf Barakah Kidney and General Hospital signs agreement

Managing Director (CC) of South Bangla Agriculture and Commerce (SBAC) Bank Tariqul Islam Chowdhury and DMD of Insaf Barakah Kidney and General Hospital Md. Altaf Hossain exchanging documents after signing an agreement recently in the capital. Under the agreement, the bank's clients will get discount on all services of the...

Signing agreement of EBL

Head of Financial Institutions and Offshore Banking of Eastern Bank Ltd (EBL) Md. Obaidul Islam and Chairman of CCRManager Tan Kah Chye exchanging documents after signing an agreement in Singapore recently, paving the way for EBL to join a rapidly growing community of leading global banks

Md. Sirajul Islam Varosha presiding over the 20th meeting of RMC

Chairman of the Risk Management Committee and Director of Jamuna Bank Limited Md. Sirajul Islam Varosha presiding over the 20th meeting of the Risk Management Committee (RMC) of the bank in the city recently where Managing Director & CEO Shafiqul Alam was present