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

DSEX exceeds 5,500-mark on buying spree

Stocks witnessed yet another upbeat session on Sunday with core index of the prime bourse exceeding the 'psychological' threshold of 5,500-mark.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at more than one month high at 5,522, soaring 80.24 points or 1.47 per cent.The broad index witnessed booming...

DSE to de-list ICB AMCL 2nd NRB MF on July 24

ICB AMCL 2nd NRB Mutual Fund will be de-listed from the stock exchanges on July 24 due to completion of its stipulated 10-year tenure.The ICB AMCL 2nd NRB Mutual Fund (closed-end), managed by ICB Asset Management Company, a subsidiary of state-run ICB, will complete its 10 years tenure on July...

China eyes long-term benefit from DSE

The China consortium faces no pressure for immediate return from their investment in Dhaka Stock Exchange (DSE), a top official of Shenzhen Stock Exchange said.The consortium of Shenzhen-Shanghai bourses has recently acquired a 25 per cent share of the DSE.They think they have a long-term view as a strategic investor...

Jamuna Bank approves 22pc stock dividend

The 17th annual general meeting (AGM) of Jamuna Bank Limited was held at ABACUS Convention Centre in the city on Sunday, according to a statement. The shareholders unanimously approved 22 per cent stock dividend for the year ended on December 31, 2017. The meeting was presided by Engr. A. K....

NCC Bank holds leadership dev programme

NCC Bank arranged "Leadership Development Programme" for its officers at NCC Bank Training Institute on Sunday, according to a statement. Md. Nurun Newaz Salim, chairman of the bank, inaugurated the training as the chief guest while Mosleh Uddin Ahmed, Managing Director & CEO, graced the occasion as special guest. Md....

AB Bank approves no dividend at 36th AGM

The 36th annual general meeting (AGM) of AB Bank Limited was held at International Convention City Bashundhara on Sunday, according to a statement. The board of directors proposed "no dividends" for the year 2017 which was approved by the shareholders unanimously. The AGM was presided over by M. A. Awal,...

News Briefs--(25-6-2018)

Prime Finance gets new chairmanMohammad Masudur Rahim has recently been elected unanimously as the chairman of the board of directors of Prime Finance & Investment Limited. He is the nominated director from East Coast Shipping Lines Limited. Mr. Rahim is a highly experienced professional with successful track record and held...