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

Stocks post marginal fall as financial issues slump

Stocks slipped into the red Tuesday as investors went on late hours selling binge, particularly on banking sector shares.Market analysts said investors were mostly on selling mode, particularly on banking and non-bank financial issues, taking the market in the red zone.Banking and financial institutions sectors saw price correction amid recent...

CRISL wins int'l award

Credit Rating Information and Services Limited (CRISL), the oldest and the first ever multinational rating agency of the country, has been adjudged the best rating agency of Bangladesh and awarded the prestigious 'The Asset's Triple A Regional Award, 2018' by the Hong Kong based leading financial publication and research organization,...

Int'l event on promoting crop insurance in BD begins

A two day-long international event titled "Transmitting Global Knowledge for Promoting Crop Insurance in Bangladesh" began on Tuesday in the city.Professional Advancement Bangladesh Ltd. (PABL), a subsidiary of Green Delta Insurance Company Ltd., in association with Insurance Foundation of India (IFI), organized the event, said a statement.International experts on crop...

BSEC to 'freeze' BO accounts of Emerald Oil sponsors, directors and top officials

The securities regulator has decided to 'freeze' the BO (beneficiary owner's) accounts of the sponsors, directors and four top officials of Emerald Oil Industries for not submitting the company's financial statement.The decision was taken on Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission...

Runner to hold IPO lottery draw March 04

Runner Automobiles is set to hold IPO lottery draw on March 04 to allocate 13.93 million ordinary shares among the successful applicants.The initial public offering (IPO) lottery draw will be held at 10:00am at the A.G.B. Colony at Motijheel in Dhaka.After the event, result will be published on the websites...

Agrani Bank chairman visits GPH Ispat plant

CHATTOGRAM, Feb 26: Chairman of the Agrani Bank Ltd Dr Zaid Bakht has visited the GPH Ispat's extended plant at Kumira of Sitakunda.During his visit to the plant recently the Agrani Bank chairman praised the venture of the GPH Ispat, the country's first ever steel manufacturing plant that is installing...

Bosch makes debut in BD mkt

World-renowned German brand Bosch has stepped foot in Bangladesh market. Edison Group of Bangladesh was made the sole distributor of Bosch home appliances in the country. The launching event took place at The Westin recently in presence of BSH Home Appliances FZE CEO Tomas Alonso along with the Chairman of...

Runner inks deal with Bagdoom.com

Runner Automobiles Limited and popular e-commerce website Bagdoom.com, signed an agreement in a ceremony. Marketing Director of Runner Automobiles Limited Mr Amid Sakif Khan, Head of Corporate Sales Ashik Ahmed, Assistant Manager Md Shafi Rahman, Senior Executive Md. Shovon Mahmood Plabon were present in the program. From Bagdoom's side, CEO...

SIBL holds meeting with HAB

Social Islami Bank Limited arranged a discussion meeting with the members of Hajj Agencies of Bangladesh (HAB) at a Hotel in Dhaka to ease the banking service among the Hajj Pilgrims. The program was presided over by Mr. Kazi Tawhidul Alam, Managing Director (CC) of Social Islami Bank Limited.Mr. Abdus...

News Briefs-(27-2-2019)

Prime Bank inks MoU with a2iPrime Bank recently signed a MoU with Access to information (a2i) for payment of all utility bills through technological support. Rahel Ahmed, Managing Director & CEO of Prime Bank, A. B. M. Arshad Hossain, Additional Secretary (Organisational Support & Innovation Wing) of Information & Communication...

Prime Bank signs MoU with Access to information

Prime Bank recently signed a MoU with Access to information (a2i) for payment of all utility bills through technological support. Rahel Ahmed, Managing Director & CEO of Prime Bank, A. B. M. Arshad Hossain, Additional Secretary (Organizational Support & Innovation Wing) of Information & Communication Technology Division and Project Director...

Two-day long Branch Conference of Prime Insurance Company

Chairperson of the Board of Directors of Prime Insurance Company Limited Md. Zakiullah Shahid, Managing Director & CEO Mohammodi Khanam and Vice-Chairperson Saheda Pervin Trisha seen among others, in the two-day long Branch Conference of Prime Insurance Company Limited held at its Head office in Dhaka

NRB Bank Limited organised a day-long training programme

NRB Bank Limited organised a day-long training programme titled "Anti-Money Laundering &Foundation Training for Agents and Agent Officials" at the NRB Bank Institute of Learning & Development, Dhaka recently. Md. Mehmood Husain, Managing Director & CEO of the Bank, was present as chief guest.

Dhaka Bank signs a Corporate Medical Services Agreement

Dhaka Bank recently signed a Corporate Medical Services Agreement with Impulse Hospital at Impulse Hospital, Tejgaon, Dhaka. Under this agreement, Dhaka Bank employees and cardholders will get upto 25% discount in all pathological tests, 10% discount in all radiology & imaging and up to 10% discount in bed charge for...

Foundation Training Course of Union Bank

Union Bank Training Institute organized concluding ceremony of Foundation Training Course of the bank's Officers. A.B.M. Mokammel Hoque Chowdhury, Additional Managing Director of Union Bank was present as the Chief Guest while DMD Md. Nazrul Islam was present as the special guest. The programme was presided over by Md. Hedayet...