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

DSE to deploy real-time platform to protect investors from broker fraud

The Dhaka bourse is developing software to monitor investors' funds and shareholding positions in real time, in a bid to curb corrupt practices by brokers involving consolidated customer accounts (CCA). Once the DSE-iMON (Integrated Monitoring Platform) is installed, the bourse will be able to detect any unauthorised movement of funds...

DSE asked to probe 3 listed firms over abnormal price movements

The securities regulator has ordered a sweeping investigation into three listed companies following "abnormal price movements and trading behaviour" on the country's premier bourse.The Bangladesh Securities and Exchange Commission (BSEC) has ordered the Dhaka Stock Exchange (DSE) to probe the trading patterns of Bangladesh National Insurance Company Limited, Shyampur Sugar...

Reduced disputed tax deposit to bring relief to businesses, speakers say

Business leaders and finance professionals have welcomed a substantial reduction in the disputed tax required to be deposited before filing appeals with the Tax Appellate Tribunal, describing the measure as one of the most taxpayer-friendly provisions in the proposed Finance Bill 2026.They said the existing requirements often created significant financial...

Riad Mahmud Chowdhury joins Standard Islami Bank as MD

Riad Mahmud Chowdhury has joined Standard Islamic Bank as the managing director. Prior to this, he served as deputy managing director & head of corporate banking at Eastern Bank, according to a press release.Chowdhury began his banking career in 2000 as a senior officer at IFIC Bank. Subsequently, he worked...

Pubali Bank honours mountaineer Nurunnahar Nimni

Pubali Bank has honoured mountaineer Nurunnahar Nimni, who is also the bank's principal officer, for bringing glory to Bangladesh by conquering Mount Everest, the highest summit in the world. Pubali Bank sponsored both her Himlung Himal and Everest expeditions in Nepal, according to a statement.The reception programme titled "Honouring the...

MTB SUPPORTS GOBINDAGANJ HOSIERY CLUSTER GROWTH

Mutual Trust Bank (MTB) has been actively contributing to the development of the hosiery cluster in Gobindaganj, Gaibandha since 2022. As part of this commitment, MTB recently sanctioned fresh loans to 58 cottage and small-scale manufacturers under the Cluster Finance Refinance Scheme of Bangladesh Bank (BB). The loans will help...

CITIZENS BANK HOLDS 5TH AGM

The 5th annual general meeting (AGM) of Citizens Bank was held on Sunday at the head office of Citizens Bank in Dhaka. The meeting was presided over by Chowdhury Mohammed Hanif Shoeb, chairman, board of directors of the bank. Masuduzzaman, Mukhlesur Rahman, and SM Shofiqul Hoq attended among the directors...

BSIA hails govt support for semiconductor industry

Bangladesh Semiconductor Industry Association (BSIA) President M A Jabbar has expressed its heartfelt gratitude to the Prime Minister, the Finance Minister, the Prime Minister's Adviser for Science, Technology and ICT Affairs, and the Chairman of the National Board of Revenue (NBR) for paying special attention to Bangladesh's emerging semiconductor and...

SONALI BANK SIGNS AGREEMENT WITH BANGLADESH RAILWAY

Sonali Bank PLC signed an agreement with Bangladesh Railway to collect license fee, renewal fee, e-tender related fees and charges of Railway Estate Department through the Sonali Payment Gateway. The signing ceremony was held at Rail Bhaban conference room on Monday. Deputy Managing Director of Sonali Bank Md. Rafiqul Islam...

PRIME ISLAMI INSURANCE HOLDS 30TH AGM

Prime Islami Insurance PLC held its 30th Annual General Meeting (AGM) on a digital platform on Monday. The meeting was presided over by the Chairman of the Board of Directors Mohammad Shahadat Hossain. Vice Chairman Mohammad Abdullah, Chairperson of the Audit Committee Naima Sultana, Chairman of the NRC Md Nurul...

JANATA BANK SIGNS CORPORATE AGREEMENT WITH FARAZY HOSPITAL

Janata Bank PLC and Farazy Hospital Limited signed a corporate agreement on medical services on Monday. Under the agreement, executives, officers, employees of Janata Bank and their family members, as well as the bank's cardholders and general customers will enjoy special discounts on various services at Farazy Hospital, including pathological...

KARNAPHULI INSURANCE SETTLES INCEPTA'S CLAIM

Karnaphuli Insurance PLC settled a marine insurance claim of Tk 2.44 crore (Tk 24.4 million) in favour of Incepta Pharmaceuticals Limited. During the settlement of insurance claim held at the head office of Incepta Pharmaceuticals recently, Nasir Uddin Ahmed (Vice-Chairman), Md. Zahid Anwar Khan (Chief Coordinator) and Md. Moin Uddin...