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

DSE turnover hits two-month low as investors turn cautious

Turnover on the Dhaka Stock Exchange (DSE) tumbled to a two-month low on Sunday as investors refrained from making fresh investments amid energy-related concerns and heightened geopolitical tensions.Market turnover -- a key indicator of investor participation -- fell 17 per cent to Tk 7.80 billion from Tk 9.39 billion in...

Six general insurers post stronger Q2 earnings

Six listed general insurance companies posted improved financial performance in the second quarter (April-June) of 2026, reporting higher earnings, stronger operating cash flows and improved net asset values (NAV), while two others saw lower EPS, reflecting an uneven recovery in the sector.Eight listed non-life insurers -- Pioneer Insurance, Union Insurance,...

Listed firms get until Dec 2026 to appoint female independent directors

The securities regulator has extended the deadline for listed companies to appoint at least one female independent director to their boards by one year, to December 2026, after many firms said they were struggling to find qualified candidates.In a directive issued on Sunday, the Bangladesh Securities and Exchange Commission (BSEC)...

National Finance gets new chairman and vice chairman

National Finance PLC has elected Independent Director Kazi Ahsan Khalil as the chairman and Director Rizwan Mannan as the vice chairman of its board of directors, effective July 19.The appointments were made unanimously at the company's 231st board meeting held on July 19, says a press statement.Mr Khalil brings over...

MERCANTILE BANK RELOCATES 'NAYABAZAR BRANCH'

Mercantile Bank PLC has shifted its Nayabazar Branch to a new location to offer modern banking services to its customers. The bank's Vice Chairman, Akram Hossain (Humayun), attended the inauguration ceremony of the new premises as the chief guest, while Managing Director Mati Ul Hasan presided over the event held...

PRIME BANK CUSTOMERS TO ENJOY SPECIAL DISCOUNTS ON NISSAN VEHICLES

Prime Bank PLC has recently signed an agreement with Strategic Autoservices Limited (Nissan) at the latter's corporate office in Dhaka. Under this agreement, customers and employees of Prime Bank will enjoy special discounts on the purchase of new Nissan vehicles from Strategic Autoservices. The agreement was signed by Takiyan Chowdhury,...

EBL SIGNS MOU WITH RHD FOR DIGITAL TOLL COLLECTION

Eastern Bank PLC (EBL) has signed a Memorandum of Understanding with the Roads and Highways Department (RHD) to introduce advanced digital toll collection solutions across toll bridges operated by Roads and Highways Department (RHD). M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank;...

NEW BSFIC CHAIRMAN ASSUMES OFFICE

Officials and employees of Bangladesh Sugar and Food Industries Corporation (BSFIC) greet its new Chairman Advocate Md. Shamsuzzaman (Suruj), a senior Supreme Court lawyer, with a bouquet as he formally assumed office on Sunday. He was appointed to the post through a government notification issued on July 23. Shamsuzzaman has...

AGRANI BANK HOLDS BUSINESS CONFERENCE IN MYMENSINGH

Agrani Bank PLC held a business conference for its Mymensingh Circle on Saturday to accelerate the implementation of its 2026 business targets and strengthen loan recovery drives. Managing Director Md. Anwarul Islam was present as the chief guest at the event held at the conference hall of Bangladesh Agricultural University...

ALLIANCE FINANCE LAUNCHES NEW SMS PLATFORM

Alliance Finance PLC (AFPLC), a joint venture finance company between Sri Lanka and Bangladesh, in collaboration with Era Infotech Ltd has officially launched its new SMS Software recently, marking a key step toward digital excellence and improved customer communication. The platform is designed to ensure faster, more efficient and reliable...

MEENA BAZAR OPENS OUTLET IN NOAKHALI

Meena Bazar, a leading retail supershop brand, officially opened a new outlet at Plot-1, Road-36, Maijdee Housing Estate, in Noakhali recently. Shameem Ahmed Jaigirder, Chief Operating Officer (COO) of Meena Bazar, along with senior officials inaugurated the outlet. To enhance convenience, residents of Maijdee can access home delivery services by...

BADC SETS UP STALL AT 'NATIONAL TREE FAIR'

A month-long 'National Tree Plantation Campaign and Tree Fair' is being held at Agargaon in the capital. Like previous years, the Bangladesh Agricultural Development Corporation (BADC) has set up a stall at the fair that began on July 9. The BADC stall features saplings of a wide variety of domestic...

Singapore's GIC to invest $30b more in hedge funds

SINGAPORE, July 26 (Reuters): Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion into hedge funds and is spreading its bets across artificial intelligence, top executives said, while reporting its weakest long-run returns since 2020.Group Chief Investment Officer Bryan Yeo said the money would be allocated over...