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

Thrust on raising accountability, transparency in company affairs

The Corporate Secretaries are the custodian of Corporate Governance and Corporate Compliances in operating company affairs specially the banking corporate which are now facing serious erosion in maintaining professional ethics.The observation came by experts in a seminar titled "Emerging Role of Corporate Secretaries in the Banking Sector", organised by CRISL...

Leather, footwear expo begins today

A three-day leather and footwear exhibition titled 'Bangladesh Leather & Footwear Expo', arranged by Bangladesh Tanners Association (BTA) in cooperation with Limra Trade Fairs & Exhibitions Pvt Ltd begins at International Convention City Bashundhara, Baridhara in the city today (Thursday).More than 200 exhibitors from 13 countries will participate in the...

Bourses asked to collect quarterly report on transactions

The securities regulator has asked the stock exchanges to collect quarterly report on their stock brokers' branch transactions and activities.The Bangladesh Securities and Exchange Commission (BSEC) delivered the order on Wednesday amending a clause of its directive issued in 2008.As per the BSEC directive, stock exchange shall collect quarterly report...

Stocks rebound on tax review hope

Stocks rebounded on Wednesday, after remaining flat in the past few sessions, as investors showed their buying appetite on tax review expectations.Market insiders said tax review expectations coupled with June closing year-end earnings and dividend declarations prompted investors to inject fresh funds on stocks.The Finance Minister AHM Mustafa Kamal proposed,...

Ten-traded cos snare 27pc turnover

Ten most-traded firms captured more than 27 per cent transaction of the Dhaka Stock Exchange (DSE) on Wednesday while United Power topped the list again.Market analysts said investors were active on the United Power shares throughout the session amid positive expectations ahead of its June year-end closing.The news of acquisition...

News Briefs (27-06-2019)

Mahtabur Rahman re-elected as chair of NRB Bank Mahtabur Rahman has been re-elected as Chairman of NRB Bank. Mr. Rahman, a seasoned businessman and well versed in a broad range of trade ventures around the world hails from Sylhet. Born in 1958, he completed his education there itself and pursued...

6th Technical Committee

The 6th Technical Committee, 9th Executive Committee and 3rd General Meeting of SWIFT Member & User Group of Bangladesh (SMUGB) were held recently at Hotel Purbani International, Dhaka. Md. Arfan Ali (2nd from left), Chairperson of the Group and President & Managing Director of Bank Asia Limited, presided over the...

Prime Insurance Company

Prime Insurance Company Limited and Prescription Point Ltd. signed a corporate health agreement at the Head Office of Prescription Point recently. Under this agreement, clients of Prime Health Plan will get special discount from Prescription Point. Mohammodi Khanam, Managing Director & CEO, Prime Insurance Company Limited, and Khondaker Abu Ashfaque,...

37th Annual General Meeting of AB Bank

The 37th Annual General Meeting of AB Bank was held on Wednesday at Sena Malancha, Dhaka Cantonment. Chairman of the Board Muhammad A. (Rumee) Ali presided over the meeting. The meeting was also attended by Tarique Afzal, President & Managing Director, Directors of the Board and a good number of...

7th AGM of AIBL Capital Management

The 7th Annual General Meeting (AGM) of AIBL Capital Management Limited - a subsidiary company of Al-Arafah Islami Bank Ltd (AIBL), was held in the Head Office of the Bank recently. Alhajj Ahamedul Hoque, Chairman of the Company, presided over the meeting. Directors Alhajj Abdus Samad Labu, Md. Amir Uddin...

Engineer Abdul Matin

Engineer Abdul Matin, Chairman of the Board of Directors presiding over the 23rd Annual General Meeting of Northern General Insurance Co. Ltd. at IDEB Bhaban, Dhaka. The meeting approved 10 per cent cash dividend

"NRBC PLANET"

NRB Commercial Bank Limited launched its mobile app "NRBC PLANET" to bring comfort and mobility in the banking services on Wednesday. Sheikh Fazle Fahim, President of FBCCI, inaugurated the App at the Bank's Head Office as the Chief Guest. S M Parvez Tamal, Chairman of the Bank, Directors and Khondoker...