The securities regulator has extended the timeframe till December 31, 2020 for keeping provision against unrealised losses in margin accounts of stock dealers' and stock brokers' clients.The unrealised losses took place due to revaluation of portfolios of the merchant banks and stock dealers and their clients.The existing deadline of keeping...
Read moreDewan Nurul Islam, FCA, president of ICAB, and Wendy Werner, CFA, IFC Country Manager (Bangladesh, Bhutan and Nepal), signing a 'Cooperation Agreement' on Board Leadership and Corporate Governance for Training of Trainers to ICAB members with special emphasis to female members on Wednesday. ICAB council members and past presidents Muhammed...
Read moreFE ReportStocks posted a marginal gain on Wednesday as some investors showed their buying binge amid cautious trading.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,242, advancing 8.96 points or 0.17 per cent over the previous day.Market operators said despite the market finished slightly higher for...
Read moreMercantile Bank Limited opened its 134th branch at Jhenaidah on Tuesday. Soroj Kumar Nath, Deputy Commissioner of Jhenaidah, inaugurated the branch by cutting ribbon as the chief guest. Bank's Chief Financial Officer & SEVP Dr. Md. Nurul Islam presided over the opening ceremony
Read moreFE ReportS&P Global Ratings affirmed its 'B+' long-term and 'B' short-term issuer credit ratings on Bangladesh-based BRAC Bank Ltd. The outlook on the long-term rating is stable."We affirmed the rating because we expect BRAC Bank's above-industry average profitability and capital buffers will sustain its credit profile over the next 12-18...
Read morePubali Bank Limited inaugurated its 469th branch at Fulbaria, Mymensingh recently. Md. Abdul Halim Chowdhury, Managing Director of Pubali Bank Ltd., formally inaugurated the branch as the chief guest. Safiul Alam Khan Chowdhury, Additional Managing Director of the bank, was present as Guest of Honour
Read moreThe IPO lottery draw of Genex Infosys will be held today (Thursday) which will allocate 20 million ordinary shares among the successful applicants. The initial public offering (IPO) lottery draw will be held at 10:30am at the Institution of Engineers, Bangladesh (IEB) in Dhaka, according to Chittagong Stock Exchange. After...
Read moreSheikh Kabir Hossain and A K M Nurul Fazal Bulbul have been reelected as chairman and vice chairman of the Central Depository Bangladesh Limited (CDBL) respectively for next two years. They were reelected on Wednesday at the company's 18th annual general meeting (AGM) held at Dhaka Club. At the AGM,...
Read moreDhaka Bank has signed an agreement with Global Explore Ltd., a well reputed travel agency in the country recently at Mirpur Branch, Dhaka Bank Limited. Global Explore Ltd. has joined its hand with Dhaka Bank to support the bank's relentless persuasion of bringing the best for its customers. In this...
Read moreCHATTOGRAM, Dec 19: The 12th annual general meeting (AGM) of GPH Ispat Ltd has approved 10 per cent stock dividend for the shareholders for the 2017-2018 fiscal year.The approval of dividend came in the AGM held at Chittagong Club Ltd today with GPH Ispat Ltd's Chairman Md Alamgir Kabir in...
Read moreProfessor Md. Anwarul Azim Arif, Chairman of Social Islami Bank Limited, inaugurating the Nazu Miah Hat Branch as chief guest at Hathazari, Chattogram on Wednesday while Quazi Osman Ali, Managing Director and CEO of the bank, was present
Read moreM Akhter Hossain, Deputy Managing Director of Shahjalal Islami Bank Limited, inaugurating the 121st branch of the bank as chief guest at Bangla Bazar, Daulatkhan in Bhola on Wednesday
Read moreThe mobile phone unit of Japanese tech giant Softbank had a disappointing debut on the Tokyo stock market on Wednesday, according to BBC.The firm raised as much as 2.6 trillion yen ($23bn; £18bn) by selling shares at 1,500 yen each in one of the world's largest ever stock offerings.But by...
Read moreSonali Aansh Industries has protested a news item published in the December 08, 2018 issue of The Financial Express' under the headline "Sonali Aansh jumps 49pc in a week".In a rejoinder the company said the board of directors of the company at its meeting on December 03, 2018 did not...
Read moreA.R Rashidi, Advisor of Bashundhara Paper Mills Limited, presiding over the 25th Annual General Meeting (AGM) of the company at "Rajdarshan" Hall of International Convention City Bashundhara on Wednesday. The AGM approved 20 per cent cash dividend for the year 2017-2018.
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