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

Stocks close almost flat amid last hour sell-off

The Dhaka bourse closed almost flat on Tuesday following a mixed performance displayed by the major sectors.After the positive closing of previous session, the market observed volatility throughout the whole session and the broad index settled in red zone finally.The market opened positively and the DSEX, the broad index of...

EBL, DEG ink new partnership deal

Eastern Bank Ltd (EBL) and Germany's development finance institution - DEG have entered into a Memorandum of Understanding (MoU) marking the beginning of a new era of partnership.EBL Managing Director and CEO Ali Reza Iftekhar and DEG's CEO Bruno Wenn, signed the MoU at a city hotel recently, said a...

Intraco holds IPO lottery draw

The IPO lottery draw of Intraco Refueling Station Limited (IRSL), a sister concern of Intraco Group, was held in the capital on Tuesday, allocating 30 million ordinary shares among the successful applicants.The IPO (Initial Public Offering) result is published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange...

News Briefs(17-04-2018)

Republic Ins recommends 12.5pc stock dividendRepublic Insurance Company Ltd has recommended 12.50 per cent stock dividend for the year ended on 31 December 2017. The AGM will be held on 27 May 2018 at Muktijuddhao Smrity Milonayaton Hall, IDEB Bhaban in the capital. The record date is on 10 May...

Pubali Bank Ltd. and BRAC Services Ltd, exchanging documents

Md. Abdul Halim Chowdhury, Managing Director & CEO; Safiul Alam Khan Chowdhury, Additional Managing Director and Mohammad Ali, Deputy Managing Director, of Pubali Bank Ltd. and Khondoker Asaduzzaman, Group General Manager of BRAC Services Ltd, seen present while exchanging documents of a Memorandum of Understanding (MoU) between the two organisations...

45th annual general meeting of BATB

British American Tobacco Bangladesh Company Limited Chairman Golam Moinuddin seen presiding over the 45th annual general meeting of BATB at a city hotel on Tuesday in presence of Managing Director Shehzad Munim, directors Mohammad Moinuddin Abdullah, K. H. Masud Siddiqui, Mikail Shipar, Muhammad Abdullah, Ms. Tahmina Begum and Kazi Sanaul...

Top 10 turnover leaders contribute 34.5pc in value

Top 10 turnover leaders Tuesday grabbed 34.5 per cent of the total transaction value featured by Dhaka Stock Exchange (DSE).The premier bourse registered a turnover of above Tk 5.07 billion.Of the companies, Beximco topped the turnover chart with a value of Tk 418 million. The company grabbed 8.2 per cent...

DSE/CSE News in Brief (18-04-2018)

DSE NEWSBoard meetingsGrameen One : Scheme Two: A meeting of the trustee committee of fund will be held on April 24, 2018 at 3:15 PM to consider, among others, un-audited financial statements of the company for the third quarter (Q3) period ended on March 31, 2018.Alltex Industries Ltd.: A meeting...

Indian shares mark longest winning run in over 3 years

Indian shares ended higher for a ninth straight session on Tuesday, marking their longest winning streak in over three years, as consumer stocks gained on forecasts of average monsoon this year, reports Reuters.After two years of normal monsoons, the India Meteorological Department on Monday predicted yet another year of normal...

Sri Lankan shares hit 5-week closing high in thin trade

COLOMBO, Apr 17 (Reuters): Sri Lankan shares hit a five-week closing high in thin trade on Tuesday, rising for a fifth straight session, as many market participants stayed away due to extended holidays after the Sinhala-Tamil New Year festival over the weekend, brokers said.The Colombo stock index ended 0.74 per...

EBL Director Meah Mohammed Abdur Rahim inaugurating 85th branch of the bank

Eastern Bank Ltd (EBL) Director Meah Mohammed Abdur Rahim inaugurating the 85th branch of the bank at Mouchak of Gazipur, near Dhaka recently while EBL Managing Director and CEO Ali Reza Iftekhar, Head of Retail Banking M. Khorshed Anowar, Head of Admin Major (Retd.) Abdus Salam psc were present

Director of Eastern Bank Limited (EBL) Mir Nasir Hossain handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina

Director of Eastern Bank Limited (EBL) Mir Nasir Hossain handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina for the Prime Minister's Relief & Welfare Fund as part of the bank's corporate social responsibility at Ganabhaban recently

Chairman of Al-Arafah Islami Bank Limited Abdus Samad Labu and Vice Chairman Md. Abdus Salam handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina

Chairman of Al-Arafah Islami Bank Limited Abdus Samad Labu and Vice Chairman Md. Abdus Salam handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina for the PM's Relief & Welfare Fund as part of its Corporate Social Responsibility at Ganabhaban recently while Bangladesh Association of Banks...

Chairman of NCC Bank Md. Nurun Newaz Salim handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina

Chairman of NCC Bank Md. Nurun Newaz Salim handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina for the PM's Relief & Welfare Fund at Ganabhaban recently while Vice-Chairman Sohela Hossain and Managing Director & CEO Mosleh Uddin Ahmed were also presaent

City Bank's Chairman Mohammed Shoeb and Director Rubel Aziz handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina

City Bank's Chairman Mohammed Shoeb and Director Rubel Aziz handing over a cheque for Tk 50 million to Prime Minister Sheikh Hasina for the PM's Relief & Welfare Fund as part of its Corporate Social Responsibility at Gonobhaban recently