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

Stocks slide for fifth straight session

Stocks extended the losing streak for the fifth consecutive session on Wednesday, as shaky investors continued sell-offs on sector-wise issues following lower-than-expected corporate declarations. DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dropped 29.44 points or 0.60 per cent to settle at 4,838.The index wiped out more than...

Premier Bank celebrates 21 years of growth

The Premier Bank Limited celebrated its two decades of successful operations on Tuesday at an event held under the banner of "Celebrating 21 years of Growth Together". The event, held at the bank's head office, was inaugurated by the Premier Bank's founder Chairman, Freedom Fighter Dr. H.B.M Iqbal, said a...

Marico BD declares 200pc interim cash dividend

Marico Bangladesh Ltd, one of the leading listed multinational companies, has declared 200 per cent interim cash dividend based on six months financials for the period ended on September 30, 2020. The record date for the entitlement of dividend is November 17.Marico Bangladesh, the first subsidiary of Indian fast-moving consumer...

EBL wins ADB award

Eastern Bank Limited (EBL) has been recognized with the 2020 Leading SME Trade Bank award for its outstanding contribution in supporting small- and medium-sized enterprises in Bangladesh by Asian Development Bank (ADB), said a statement. Managing Director and CEO of EBL Ali Reza Iftekhar in his reaction said, "This award...

New DMD of Jamuna Bank

Md. Fazlur Rahman Chowdhury has recently been appointed as the Deputy Managing Director of Jamuna Bank Limited. Mr. Chowdhury will take the role of the Head of Corporate Banking Division as well as the Regional Head of Chattogram Zone. Prior to joining Jamuna Bank, Mr. Chowdhury was the Additional Deputy...

MTB Foundation supports CDD

MTB Foundation, in its effort to align its CSR initiatives with the Sustainable Development Goals (SDGs), recently extended support to Centre for Disability in Development (CDD) for their project titled 'Promoting Quality of Life of People with Disabilities Living in Rural Areas in Bangladesh by providing Artificial Limbs', said a...

BRAC Bank, RRF to provide credit facility to farmers

BRAC Bank has recently teamed up with Rural Reconstruction Foundation (RRF) to provide credit facility to marginal farmers, said a statement. This partnership is a result of the agreement between BRAC Bank and the United States Agency for International Development (USAID) Feed the Future (FtF) Bangladesh Rice and Diversified Crops...

Banks donate blankets for the poor

Banks have come forward to alleviate the sufferings of poor people in the upcoming winter. They donated blankets to the Prime Minister's Relief Fund at a programme at the Prime Minister's Office on Wednesday for distribution among the cold-stricken people EXIM Bank donated 150,000 blankets. Prime Minister Sheikh Hasina joins...