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

Stocks end higher before Eid vacation

Stocks finished higher on Tuesday, the last session before the Eid holidays, as investors showed their buying appetite on sector-wise stocks.Trading and official activities on the bourses will remain closed from today (Wednesday) on the occasion of the Eid-ul-Fitr.DSEX, prime index of Dhaka Stock Exchange (DSE), went up by 38.78...

SK Trims publishes IPO lottery results

SK Trims and Industries will allocate 30 million ordinary shares among the successful investors.The IPO lottery draw was held at the auditorium of Institute of Engineers, Bangladesh (IEB) in Dhaka on Tuesday.The result has been published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), issue manager...

Shanta AML to bring new Shariah fund

Shanta Asset Management Limited (SAML) will bring a new Shariah fund named "Shanta Amanah Shariah Fund" to its existing portfolio.In this regard, a signing ceremony was held at the head office of Investment Corporation of Bangladesh (ICB) in the capital on Monday, according to a statement.SAML is the sponsor and...

Workshop on SME banking in Faridpur

A financial literacy workshop on SME Banking was held in Faridpur recently to facilitate the SME sector in the region, according to a statement.The SME Foundation and Bangladesh Bank organised the workshop during June 05-06.Umme Salma Tanzia, Deputy Commissioner, Faridpur, was present as the chief guest at the inaugural ceremony....

SJIBL holds discussion on significance of Ramadan

Shahjalal Islami Bank Limited (SJIBL), Khulna Branch, organised a discussion on "Significance of Mahe Ramadan" and Ifter Mehfil at Hotel City Inn in Khulna recently, according to a statement. Chairman of Shahjalal Islami Bank Engineer Md. Towhidur Rahman was present as the chief guest while Managing Director Farman R Chowdhury...

Premier Leasing re-elects chairman, vice chairman

The board of directors of Premier Leasing & Finance Limited at its meeting recently re-elected Dr. Mizanur Rahman Shelley as the chairman and Md. Nasiruddin Choudhury as the vice chairman of the company, according to a statement. Dr. Shelley is a sponsor director and, founder chairman of the company as...

IFIL gets new MD

Abu Zafore Md Saleh has joined Islamic Finance and Investment Limited (IFIL) as its managing director (MD) and chief executive officer (CEO) recently, according to a statement.Mr Saleh has more than 32 years of experience. He started his banking career at Agrani Bank in 1986 as a probationary officer. In...

News Briefs-(13-6-2018)

Credit ratingDutch-Bangla Bank Ltd.: Credit Rating Information and Services Ltd. (CRISL) has informed that the rating committee of CRISL has assigned the rating of the bank as "AA+" in the long term and "ST-1" in the short term along with a stable outlook in consideration of its audited financials up...

Southeast Bank and Praava Health sings agreement

Additional Managing Director of Southeast Bank Limited S. M. Mainuddin Chowhdury and Founder, Managing Director & CEO of Praava Health Sylvana Q. Sinha exchanging documents after signing an agreement on behalf of their respective organizations in the capital recently. Under this agreement, The bank's credit card members and their dependents...

Documents of agreement between TBL and SRCC being exchanged after signing

The documents of an agreement between Trust Bank Limited (TBL) and Shaheed Ramiz Uddin Cantonment College (SRCC) being exchanged after signing by TBL Head of Business Ahsan Zaman Chowdhury and SRCC Principal Noor Naher Yesmeen in the capital recently for collection of students' tuition fees through 't-cash' and providing all...