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

'Udayan', a trailblazing venture to promote start-up businesses

A newly-launched credit scheme of Mercantile Bank Limited (MBL) has been making significant contribution to help young entrepreneurs strengthen their footholds in their respective fields.A good number of entrepreneurs so far, have availed the credit facility introduced by MBL 14 months back . According to the MBL source, the Udayan...

Eastland Ins holds annual conference

The Annual Conference of Eastland Insurance Company Ltd was held on Saturday in the city, said a statement.Mahbubur Rahman, Chairman of the Company, inaugurated the Conference. Distinguished Members of the Board A. S. M. Quasem and Kamal Uddin Ahmed were also present in the Conference. The Chairman expressed satisfaction as...

Turnover hits 16-month high

Dhaka bourse witnessed marginal correction in broad index on Sunday following mixed performance displayed by major sectors.On the day, the turnover hit 16-month high as many investors injected fresh funds in securities, according to market operators. Investors' participation was mostly concentrated in general insurance sector which achieved the highest price...

LankaBangla Finance gets first Shariah-compliant foreign currency financing from ICD

The Islamic Corporation for the Development of the Private Sector (ICD), the member of the Islamic Development Bank (IDB) Group, signed a Murabaha Facility fund worth US$ 20 million with LankaBangla Finance Limited (LBFL) on Sunday.This is the first time in Bangladesh that a NBFI is going to avail shariah...

Prices of ten companies rise 'unusually'

The share prices of ten listed companies recently rose 'unusually' despite there was no undisclosed price sensitive information for such price hike of shares.The companies' share prices rose 17 per cent to 51 per cent during January 1 to January 27. Most of the companies which displayed unusual price hike...

News Briefs (28-1-2019)

Agrani Bank MD visits Singapore exchange house Mohammad Shams-ul Islam, managing director & CEO of Agrani Bank Ltd, recently visited Agrani Exchange House Private Limited Singapore, a subsidiary of the state-owned bank. He exchanged views with the Singapore-based NRBs to enhance the flow of remittance through Agrani Exchange House Private...

Managers' Conference-2019 of Dutch-Bangla Bank

The Managers' Conference-2019 of Dutch-Bangla Bank was held recently at Bangabandhu International Conference Center (BICC) in the city. Sayem Ahmed, Chairman, Board of Directors of Dutch-Bangla Bank, was present as the Chief Guest and inaugurated the Conference. The Conference was presided over by Abul Kashem Md. Shirin, Managing Director &...

Concluding ceremony of Foundation Training Course

The concluding ceremony of a 15-day long Foundation Training Course, arranged by Union Bank Training Institute was held recently. A. B. M. Mokammel Hoque Chowdhury, Additional Managing Director of Union Bank was present as the chief guest while Hasan Iqbal and Md. Nazrul Islam, DMDs were present as special guests....