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

BSEC gets lukewarm response from companies

Companies willing to raise funds showed lukewarm response to submit IPO proposals based on the financials for the year ended on June 30 as COVID-19 hit their businesses along with hampering preparation of going public.Most of the local companies submitted IPO (initial public offering) proposals based on the financial statements...

IPO subscription of Crystal Insurance opens today

The IPO subscription of Crystal Insurance Company will commence today (Tuesday) while subscription of Energypac Power Generation is set to open on December 7.Crystal Insurance: The initial public offering (IPO) subscription of Crystal Insurance begins today (Tuesday) aiming to raise Tk 160 million from the capital market.The IPO subscription for...

Dhaka stocks inch up after bumpy ride

Dhaka stocks posted a marginal gain on Monday after volatile trading as investors mostly followed cautious stance amid lack of clear direction.DSEX, the key index of the Dhaka Stock Exchange, went up by 4.42 points or 0.08 per cent to settle at 4,928, after losing more than 18 points in...

IPDC wins ADFIAP Award for Supply Chain Finance

IPDC Finance Ltd, the first private-sector financial institution of Bangladesh since 1981, was awarded Outstanding Development Project Award by Philippines-based Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), said a statement.IPDC was adorned with the accolade by the ADFIAP Awards Board in Category 5 (Technology Development) for...

CFA Institute Research Challenge 2020-21 begins

CFA Institute Research Challenge 2020-21 for the business students of top universities began recently for the 5th consecutive year.CFA Society Bangladesh arranged the event.This year, BRAC Bank Limited - a leading private commercial bank is the 'Subject Company' for Bangladesh-based participating teams. BRAC Bank Limited is a SME focused bank...

Padma Bank gets connected to bKash

From now on, customers of Padma Bank Limited can transfer fund from their internet banking platform "Padma i-Banking" to any bKash account. An agreement was signed between Padma Bank and bKash recently to this end, says a statement. To transfer fund, any Padma Bank account holder needs to login to...

BRAC Bank wins PMI Project Excellence Award

BRAC Bank has been recognized as the PMO (Project Management Office) of the Year 'Runner-up' in the country's first-ever Project Management Excellence Awards 2020. The award ceremony took place on a digital platform on Saturday. It was the first-ever award reception initiated by the PMI Bangladesh Chapter. State Minister for...

Akash DTH, country's legal broadcaster of STAR

AKASH DTH, country's legal broadcaster of popular channels of STAR recently obtained government approval to downlink and broadcast the STAR channels in Bangladesh. Currently, it is distributing Star Plus, Star Gold, Star Jalsha, Jalsha Movies, National Geography, Star Bharat, and Star Sports. It is necessary to avail the permission or...

Modhumoti Bank organised a day-long training programme

Modhumoti Bank Limited organised a day-long training programme on "Loan Recovery Management with special focus on Artha Rin Adalat Ain-2003" held at Modhumoti Learning & Development Center - Explore on Saturday. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank Limited, inaugurated the programme. Shahnawaj Chowdhury, DMD & Chief...

Islami Bank Bangladesh inaugurated first CRM at Eastern Plaza

Islami Bank Bangladesh Limited inaugurated its first Compact Cash Recycling Machine (CRM) at Eastern Plaza in Dhaka recently. Mohammed Monirul Moula, Additional Managing Director of the bank, inaugurated the CRM as the chief guest.

DSE/CSE News in Brief (10-11-2020)

Board meetingsBDCOM Online Limited: A board meeting of the company will be held on November 12, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020.Central Pharmaceuticals Ltd: A board meeting of the company will be...