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

Stocks rebound as bank shares surge

Stocks rebounded on Monday, after facing a sharp decline in the previous day, as investors bought shares at lucrative price levels.DSEX, the benchmark index of the Dhaka Stock Exchange, rose 34.27 points or 0.65 per cent, closing the day at 5,246, after hitting 22 months low in the previous day.Brokers...

Most banks witness EPS fall in January-September

The earnings of most of the listed banks plummeted in January-September period of this year compared to that of the same period last year.Market operators said most of the listed banks saw their EPS fall because of huge provisioning against defaulted loans.EPS is the portion of a company's profit allocated...

Singer Q3 revenue rises 26pc

Singer Bangladesh Limited witnessed 26.1 per cent rise to Tk 11.6 billion in turnover during the Q3, ended on September 30, 2018."This result was achieved despite the heavy rains during summer. Besides, the company continued to enjoy stable trading conditions throughout the period and implemented a number of new marketing...

A unique CSR project to serve underprivileged people

A non-profit, private hospital in a remote village of Brahmanbaria district sets an ethereal example of making a good impact on providing quality health treatment to the poor people at minimum cost of the several villages in the area.Mahbubur Rahman Memorial Hospital and Nursing Institute (MRMHNI) has already become prominent...

Libra Infusion's share price jumps 29pc

Share price of Libra Infusion jumped more than 29 per cent following the news that the company recommended 20 per cent stock dividend for the year ended on June 30, 2018.The pharma & chemicals sector company's share traded between Tk 750 and Tk 950, before closing at Tk 925.50 each....

News Briefs-(30-10-2018)

Premier Bank opens 105th branchThe Premier Bank Limited on Monday inaugurated its 105th branch at Bahaddarhat, Arakan Road in the port city. Mayor of Chattogram City Corporation, A J M Nasir Uddin inaugurated the ceremony by cutting ribbon and was present as chief guest. Advisor of the bank Muhammed Ali,...

DSE/CSE News in Brief (30-10-2018)

Land purchasePopular Life Insurance Company Limited: The company has informed that the board of directors has decided to purchase 5.10 decimal land including 3 storied 1 building situated at Satkhira with total price amounting to Tk. 18,000,000.00 approx. only.Category changeGBB Power Ltd.: The company will be placed in "Z" category...

105th branch of Premier Bank opens

Mayor of Chattogram City Corporation, A J M Nasir Uddin, Advisor of the bank Muhammed Ali and Managing Director and CEO M Reazul Karim (FCMA) opening the 105th branch of Premier Bank Ltd at Bahaddarhat, Arakan Road in the port city on Monday

Southeast Bank Limited signs agreement with Dusai Resort & Spa

Southeast Bank Limited signed an agreement with Dusai Resort & Spa of Moulvibazar, Sylhet recently. Under this agreement, Southeast Bank Credit Card Members will get up to 30 per cent discount on room rent, 20 per cent discount on Spa and 10 per cent discount on dining (only A La...

Chairman of NRB Bank Limited Mohammed Mahtabur Rahman poses for a photograph

Chairman of NRB Bank Limited Mohammed Mahtabur Rahman poses for a photograph at an awareness programme on Anti Money Laundering & Combating the Financing of Terrorism for its directors at the corporate head office recently where Managing Director & CEO Md. Mehmood Husain was present

Md. Borhanuddin poses for a photograph at a day-long workshop

Managing Director (Current Charge) of Bank Asia Limited Md. Borhanuddin poses for a photograph at a day-long workshop on "The Banking Company Act" at Bank Asia Institute for Training & Development (BAITD) in the city recently. A total of 48 participants of the bank took part