Investment gains help NBFIs weather tough business conditions
Leading non-bank financial institutions (NBFIs) posted improved financial performance year-on-year in 2025, buoyed by strong investment income despite persistent macroeconomic challenges and elevated funding costs.Market analysts said reputed NBFIs managed to navigate the difficult business environment through diversified income sources, prudent Treasury management, and operational efficiency."The results were supported by...
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Bangladesh Bank eases tax certificate rules for foreign investors
Bangladesh's capital market has taken a significant step toward fulfilling the requirements for a market upgrade by aligning the trading cycle of foreign portfolio investors with that of local ones.The development came on Wednesday through a circular issued by Bangladesh Bank (BB), which lifted the requirement for foreign portfolio investors...
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SOUTHEAST BANK, BB SIGN PARTICIPATION AGREEMENTS--
SOUTHEAST BANK, BB SIGN PARTICIPATION AGREEMENTSSoutheast Bank recently signed participation agreements with Bangladesh Bank (BB) under Cluster Financing Scheme and FSFDCMSME Refinancing Scheme through BB's SME and Special Programs Department to strengthen financing support for cottage, micro, small and medium enterprises (CMSME) at BB. Under the schemes, CMSME customers will...
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Apex introduces 'buy online, pick-up in store' service ahead of Eid
Apex Footwear has officially launched its 'buy online, pick-up in store' (BOPIS) service alongside a brand-new express delivery system to make shopping ahead of Eid-ul-Azha faster and more convenient.Both services are permanent additions to Apex's service portfolio, with the BOPIS service helping shoppers to bypass shipping fees and delivery wait...
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India's muni bond market expands as nearly dozen cities set for debut issues
MUMBAI, May 20 (Reuters): Close to a dozen Indian cities are set to issue municipal bonds for the first time this year, according to three merchant bankers, as a regulatory and fiscal push boosts a fledgling market.Authorities have long sought to push municipal bonds that are typically used to finance...
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MODHUMOTI BANK, BB INK DEAL FOR TK 30B FINANCE, TK 15B REFINANCE SCHEMES
MODHUMOTI BANK, BB INK DEAL FOR TK 30B FINANCE, TK 15B REFINANCE SCHEMESModhumoti Bank has signed two agreements with Bangladesh Bank (BB) for participating in Tk 30 billion "Cluster Financing Scheme" and Tk 15 billion "Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME)" refinance scheme....
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Foreign firms eye Hong Kong listings as IPO rebound broadens
SINGAPORE, May 20 (Reuters): About 10 companies from countries including Indonesia, South Korea and Singapore have filed for Hong Kong listings this year and some others are exploring options, an exchange executive said, as the market's robust IPO momentum lures global firms.Although the foreign interest pales in comparison with domestic...
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SONALI BANK HOLDS 19TH AGM-----
SONALI BANK HOLDS 19TH AGMThe 19th Annual General Meeting (AGM) of Sonali Bank PLC was held at the head office on Wednesday. Chairman (Current Charge) of the bank Muhammed Mahbubur Rahman presided over the AGM. Nazma Mobarek, Secretary of Financial Institutions Division, attended the meeting as a representative of the...
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JANATA BANK HOLDS KHULNA DIVISIONAL BRANCH MANAGERS' CONFERENCE
JANATA BANK HOLDS KHULNA DIVISIONAL BRANCH MANAGERS' CONFERENCEJanata Bank PLC held its Khulna Divisional Branch Managers' Conference on Wednesday. Chairman of the bank Md Fazlur Rahman was present as the chief guest while Abul Kalam Azad, General Manager-in-Charge of the Khulna Divisional Office, presided over the event. Managing Director Md...
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BDBL SECURITIES HOLDS 15TH AGM
BDBL SECURITIES HOLDS 15TH AGM The 15th Annual General Meeting of the BDBL Securities Limited was held at Karwan Bazar in Dhaka on Monday, with its Board Chairman & Bangladesh Development Bank PLC's Managing Director & CEO Md Jashim Uddin in the chair. BDBL Securities Directors Md. Rokonuzzaman, Afroza Akhter...
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