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

Tk 9.0b disbursed under capital market refinancing scheme

The disbursement of Tk 9.0 billion has finally been completed under the capital market refinancing scheme initiated after 2010-11 stock market debacle to reduce sufferings of 'affected' investors.In August 2013, the state-run Investment Corporation of Bangladesh (ICB) received Tk 3.0 billion as the first installment of the refinancing scheme from...

DSEX crosses 5900-mark after 11 months

The benchmark index of the Dhaka Stock Exchange (DSE) exceeded the 5900-mark on Wednesday after eleven months as bank stocks kept the market afloat.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,925, climbing by 59.78 points or 1.02 per cent. It was the highest level of...

Banking sector snares 28pc turnover of DSE

The banking sector grabbed 28 per turnover of the Dhaka Stock Exchange (DSE) on Wednesday.Five banks featured in the top turnover chart after long time.Five banks -- Premier Bank, IFIC Bank, City Bank, National Bank and Dhaka Bank- accounted for 14 per cent of the day's total turnover. Market analysts...

SIBL ex-director’s qulkhani

Qulkhani of Dr. Liliy Amin, a former director of Social Islami Bank Ltd, will be held on Friday, after Asar prayer at her Moghbazar Century Apartment Complex, said a statement. Relatives, friends, and well-wishers of the deceased are requested by the family members to attend the Qulkhani and join them...

News Briefs (24-1-2019)

89pc of finance teams yet to embrace AIFinance teams lack the digital skillset to embrace the latest advancements in artificial intelligence, causing a negative impact on revenue growth, according to a new study from the Association of International Certified Professional Accountants (the Association) and Oracle (NYSE: ORCL). The study of...

DSE/CSE News in Brief (24-1-2019)

DSE NEWSDisbursement of dividend Aman Feed Limited: The company has informed that it has credited bonus share for the year ended on June 30, 2018 to the respective shareholders' BO Accounts on January 10, 2019 and it has also disbursed the cash dividend to the respective shareholders' bank accounts through...

Dr. Mohammed Haider Ali Miah formally inaugurating 25th Authorized Dealer Branch

Dr. Mohammed Haider Ali Miah, Managing Director of EXIM Bank, formally inaugurating the 25th Authorized Dealer Branch of the bank at its Garib-E-Newaz Branch, Uttara, Dhaka recently

Business Development Conference 2019 of Al-Arafah Islami Bank

The Business Development Conference 2019 of Al-Arafah Islami Bank Ltd. was held on Wednesday at Hotel Shonargaon, Dhaka. Chairman of the Bank Alhajj Abdus Samad Labu inaugurated the conference as the Chief Guest. The meeting was presided over by Managing Director and CEO Farman R. Chowdhury while Directors of the...

‘Hyundai Mega Sales Celebration’

IPDC Finance Limited and Hyundai jointly launched ‘Hyundai Mega Sales Celebration’. Mominul Islam, Managing Director and CEO of IPDC, seen

Syed Aliul Ahbab receiving SAFA Award

Syed Aliul Ahbab, Financial Controller, Green Delta Insurance Company, receiving SAFA Award in insurance category for its Annual Report 2017 at an awarding ceremony in Pune, India on Tuesday

Mohammodi Khanam receiving SAFA award

Mohammodi Khanam, Managing Director & CEO, Prime Insurance Company Limited, receiving SAFA award from CMA (Dr.) PVS Jagan Mohan Rao, President SAFA for best published Annual report 2017 in insurance category at a programme in Pune, India on Tuesday

Taskeen Ahmed presenting a bouquet to Dr Adarsh Swaika

Taskeen Ahmed, Deputy Managing Director, IFAD Group, presenting a bouquet to Dr Adarsh Swaika, Indian acting High Commissioner in Dhaka, during his visit to Ifad Multiproducts factory at Ashulia in Dhaka recently

Dr. Abul Kalam Azad receiving crest of Honour

Dr. Abul Kalam Azad, Director General, Bangladesh Agricultural Research Institute (BARI), receiving crest of Honour from Engineer Aminul Islam, Chairman and Engineer Sadid Jamil, Managing Director of METAL. METAL felicitated BARI at a meeting at the Bashundhara Internationa Conference Centre, in the city recently in connection with their biennial Conference...