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

Market optimism drives up stocks

Stocks continued to rally for the third straight session on Thursday, with investors showing strong appetite for large-cap issues amid growing optimism in the wake of regulatory moves to strengthen the capital market.DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 45.59 points or 0.94 per cent to...

Orion Pharma sees highest turnover

Ten most-traded stocks accounted for 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Orion Pharmaceuticals dominating the turnover chart.Market operators said investors continued to show their appetite for pharmaceutical companies' shares amid optimism that the drug makers would post higher profits in these times of...

MTB approves 5.0pc stock, 5.0pc cash dividend

The 21st Annual General Meeting (AGM) of Mutual Trust Bank Limited (MTB) was held on Thursday through digital platform, said a statement. MTB Chairman, Md. Hedayetullah, presided over the meeting. The AGM approved 5.0 per cent stock dividend, 5.0 per cent cash dividend.MTB Directors, Syed Manzur Elahi, Dr. Arif Dowla,...

Asia Pacific General Ins approves 10pc cash dividend

The 19th annual general meeting (AGM) of Asia Pacific General Insurance Co. Ltd was held recently using a digital platform, said a statement. The AGM passed the annual accounts and approved 10 per cent cash dividend for the shareholders of the company for the year 2019.Chairman of the company Aftabul...

Premier Bank opens Kalampur Branch

The Premier Bank Limited has recently inaugurated its Kalampur Branch at Dhamrai, Savar, Dhaka to provide financial services to all, said a statement. Additional Managing Director of the bank Md. Abdul Jabber Chowdhury inaugurated the ceremony as the chief guest.Md. Shahriar Rahman, Manager, Kalampur Branch, presided over the ceremony and...

City Bank introduces China UnionPay card

City Bank, largest issuer and acquirer of credit cards in the market, has introduced China UnionPay Debit Cards. City Bank becomes the first bank in country which issues cards of all four major international payment brands, said a statement.City Bank-issued China UnionPay debit cards will be accepted at over 30,000...

575th branch of Rupali Bank

The 575th branch of Rupali Bank Ltd was inaugurated in Khagrachari Sadar, with full online facility, as part of the target of opening 100 branches of Rupali Bank in the Mujib year. Chief guest of the programme Rupali Bank Chairman Monzur Hossain, MP, and special guest Managing Director and CEO...

Syed Waseque Md Ali, inaugurated Loharpool Sub-branch

Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited, inaugurated Loharpool Sub-branch of the bank at Gendaria through video conferencing on Wednesday. Abdul Aziz, Additional Managing Director, and Md. Zahurul Haque, Deputy Managing Director, were present on the occasion

News Briefs (28-08-2020)

Disbursement of dividend Marico Bangladesh Ltd: The company disbursed 1st Interim Cash Dividend of FY (20-21) based on 3 months financials for the period ended on June 30, 2020 to the respective shareholders' bank accounts through BEFTN System on August 20, 2020.Marico Bangladesh Ltd. has also informed that it has...