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MNCs rule the roost in distributing dividends

The listed multinational companies (MNCs) have continued their dominance in distributing dividends.The MNCs were the majority in the chart of top 20 listed companies which distributed dividends for the year ended on June 30 and December 31, 2018.Of top 20 companies, 10 were MNCs which disbursed dividends ranging between 75...

Mercantile Bank observes National Mourning Day

Mercantile Bank Limited organized a discussion and doa mahfil to mark the National Mourning Day and 44th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Bank's head office in the city on Thursday, said a statement. Md. Quamrul Islam Chowdhury, Managing Director & CEO of the...

Ahsan Ullah Chowdhury, Head of Cards and Digital Banking of Eastern Bank Limited

Ahsan Ullah Chowdhury, Head of Cards and Digital Banking of Eastern Bank Limited (EBL) and Engr. Ahsan Habib, Chairman, Board of Trustees and International University of Scholars (IUS) signed an agreement at EBL head office in Dhaka recently. Under the agreement students of IUS will be able to use EBL...

Trading on DSE, CSE resumes today

Trading and official activities on both the bourses of the country will resume today (Sunday) after a nine-day Eid-ul-Azha holiday, officials said. Trading hours on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) are from 10:30am to 2:30pm while the office hours are from 9:30am to 5:30pm....

BASIC Bank arranges doa mahfil on National Mourning Day

BASIC Bank Limited observed the National Mourning Day and the 44th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman by arranging a Quran khatam, Doa and Milad Mahfil at Bank's Training Institute at Motijheel, Dhaka on Thursday. Alauddin A. Majid, Chairman, Md. Rafiqul Alam, MD, DMD, GMs...

26 listed companies' categories changed in first six months

The categories of 26 listed companies were changed during January-June, 2019 based on their performances including the recommendation of dividends.Of 26 companies, 14 were upgraded to 'A' category from their previous 'Z' and 'N' categories, according to information of Dhaka Stock Exchange (DSE).Three 'Z' category companies were upgraded to 'B'...

IDBI Bank hits new 52-week low

IDBI Bank shares fell as much as 11.94 per cent to hit a new 52-week low of Rs. 23.95 after the state-run lender on August 14 post market hours reported that its net loss in April-June period widened to Rs. 3,801 crore as against loss of Rs. 2,410 crore in...