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

IPO subscription of Advent Pharma closes tomorrow

FE ReportThe IPO (initial public offering) subscription of Advent Pharma will close tomorrow (Monday). The company opened its IPO subscription on February 11.The Bangladesh Securities & Exchange Commission (BSEC) approved the IPO proposal of Advent Pharma on January 2 last.As per the regulatory approval, the company will raise a capital...

Mercantile Bank Limited signed a Participatory Financial Institutions

Mercantile Bank Limited signed a Participatory Financial Institutions (PFI) agreement with Bangladesh Bank recently under JICA-assisted 'Foreign Direct Investment Promotion Project BDP86'. Kazi Masihur Rahman, Managing Director & CEO, Mercantile Bank Limited & Md. Rezaul Islam, GM, Foreign Exchange Investment Department of Bangladesh Bank signed the agreement on behalf of...

Bay Leasing & Investment Limited recently signed a participatory agreement with Bangladesh Bank

Bay Leasing & Investment Limited recently signed a participatory agreement with Bangladesh Bank on 'Foreign Direct Investment Promotion Project (FDIPP)' assisted by Japan International Co-operation Agency (JICA). Iftekhar Ali Khan, Managing Director of Bay Leasing and Md. Rezaul Islam, General Manager and Project Director, FDIPP, Bangladesh Bank signed the agreement...

Vynn Capital to raise $40m debut fund

Vynn Capital, a new Southeast Asia-focused venture capital firm founded by former Gobi executive Victor Chua and Singapore's Darren Chua, is raising a $40-million debut fund, according to dealstreetasia.com. The Kuala Lumpur-headquartered VC firm is also planning to start making investments by the end of this month and will target...

The 1st Managers' Conference- 2018 of Moulvibazar Region of Pubali Bank participated

The 1st Managers' Conference- 2018 of Moulvibazar Region of Pubali Bank participated by all managers was held recently. Md. Abdul Halim Chowdhury, Managing Director of Pubali Bank Ltd graced the conference as Chief Guest. Mohammad Ali, Deputy Managing Director of Pubali Bank Ltd. and B. M. Shahidul Haque, General Manager...

NCC Bank, Regent Airways ink deal

NCC Bank Limited has signed a corporate agreement with Regent Airways recently. Under this agreement, NCC Bank's Credit Cardholders will get Discount & SmartPay EMI facility up to 06 (six) months at Zero percent interest. Cardholders can avail this facility from all outlets of Regent Airways. In presence of Mosleh...

Green telco tower co cuts energy consumption

Mobile phone tower company edotco Bangladesh has started running its operation using renewable energy in remote areas, its officials said, reports BSS.The move is aimed at facilitating the government's vision of achieving SDGs by 2030.The company has already installed around 672 mobile network sites using renewable energy among its 8000...

DSE/CSE News in Brief (18-02-2018)

IDLC Finance: IDLC Finance Limited has recommended 30 per cent cash dividend for the year ended on December 31, 2017. The AGM will be held on March 29, 2018 at 10:00 am at "Utshab", Radisson BLU Water Garden Hotel, Airport Road, Dhaka Cantonment, Dhaka-1206. The record date is on March...

National Bank Limited Chittagong regional

National Bank Limited Chittagong regional office in association with anti money laundering division of the head office organised a day-long training on 'Prevention of money laundering and combating the financing of terrorism' at a hotel in Agrabad, Chittagong on Saturday. Deputy Managing Director of the bank and CAMLCO, Shah Syed...

NCC Bank Limited has signed a corporate agreement with

NCC Bank Limited has signed a corporate agreement with Regent Airways recently. Mosleh Uddin Ahmed, Managing Director & CEO of NCC Bank seen, among others. Story on page-9