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

Public subscription of VIPB Growth Fund begins today

FE ReportThe public subscription of VIPB Growth Fund, the second open-ended mutual fund of VIPB Asset Management starts today (Sunday).The investors will be able to purchase the units of the VIPB Growth Fund till March 11 this year.VIPB Asset Management is both the sponsor and Asset Manager of the fund,...

Southeast Bank accords reception to meritorious students

Southeast Bank Foundation Saturday organised a reception ceremony at the Officers' Club Dhaka for the selected meritorious and financially challenged students at Higher Secondary level for the disbursement of scholarships, said a statement.Alamgir Kabir, FCA, Chairman of Southeast Bank Limited was present on the occasion as the Chief Guest and...

Mercantile Bank Limited celebrates International Women's Day. Al-Haj Akram Hossain

Mercantile Bank Limited celebrates International Women's Day. Al-Haj Akram Hossain (Humayun), Chairman of Mercantile Bank Securities Limited; Al-Haj Mosharref Hossain, Sponsor and Kazi Masihur Rahman, Managing Director & CEO of the Bank inaugurated the event held recently.

Prime Insurance Company Limited celebrates International Women's Day

Prime Insurance Company Limited celebrates International Women's Day along with an awareness session on health-related issues of women at its Corporate Head Office. Mohammodi Khanam, Chief Executive Officer of the company organised the programme. Women directors of the Board, spouses of directors, women officials from different corporate entities and all...

Prime Insurance Company Limited celebrates International Women's Day along with an awareness session on health-related issues

Saifuzzaman Chowdhury new adviser of UCB Foundation

The Executive Committee of UCB Foundation, a CSR organisation of United Commercial Bank Limited (UCB) has unanimously appointed Mr. Saifuzzaman Chowdhury MP, State Minister, Ministry of Land, People's Republic of Bangladesh as Adviser of UCB Foundation. Mr. Saifuzzaman Chowdhury, MP is the son of prominent freedom fighter, parliamentarian, politician, industrialist...

12 sectors edge up, seven close lower

FE ReportThe large-cap sectors showed mixed performances last week on the Dhaka bourse that ended Thursday. Banking, cement and food & allied sectors saw major correction.Of the 19 sectors listed with the prime bourse, except corporate bonds, debenture and treasury bonds, the market-cap of 12 sectors ended higher while seven...

Three cos, one MF recommend dividend between 12pc and 600pc

FE ReportThree listed companies and one closed-end mutual fund recommended dividends in last week between 12 per cent and 600 per cent for the year ended on December 31, 2017.The dividends have been recommended in the form of cash and stock, according to information of Dhaka Stock Exchange (DSE).The board...

Nine local banks, FIs join ESROM

FE DeskPhase 2 of Environmental and Social Risk and Opportunity Management (ESROM) has reached out to a greater scope and partnered up with nine local banking and financial institutions, said a statement.The institutions are BRAC Bank Limited, Dutch-Bangla Bank Limited, The City Bank Limited, Eastern Bank Limited, IDLC Finance Limited,...

DSE/CSE News in Brief (11-03-2018)

DSE NEWSResumption of tradingIDLC Finance Ltd.: Trading of the shares of IDLC Finance Ltd. will resume today (Sunday) after record date.LankaBangla Finance Ltd.: Trading of the shares of LankaBangla Finance Ltd. will resume today (Sunday) after record date.Decision to purchase landThe IBN SINA Pharmaceutical Industry Ltd.: The IBN SINA Pharmaceutical...