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

Coppertech makes trading debut on August 5

Trading of the shares of Coppertech Industries will commence on the bourses on Monday (August 5) under 'N' category, officials said. The Coppertceh, which received regulatory approval from the Bangladesh Securities and Exchange Commission (BSEC) on December 26, 2018, raised a fund worth Tk 200 million under the fixed price...

Stocks slip into red amid poor earning disclosures on bourses

Stocks slipped into the red on Tuesday as investors were on selling binge amid lower-than-expected earnings disclosures of some of the companies.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 35.72 points or 0.69 per cent to settle at 5,125.Market analysts said most of the investors...

Two more life insurers recommend dividend

The board of directors of two life insurance companies - Sandhani Life Insurance and National Life Insurance - have recommended dividend for the year ended on December 31, 2018, according to official disclosure on Tuesday.Sandhani Life: The board of directors of the company has recommended 15 per cent cash dividend...

Tk 41.00 declared as div per unit of ICB Unit Fund

Investment Corporation of Bangladesh (ICB) has declared dividend of ICB Unit Fund for the financial year 2018-2019. The rate of dividend is Tk 41.00 (Forty one) per unit certificate of ICB Unit Fund. The dividend was approved by the Board of Directors of ICB in its meeting held on Tuesday...

BRAC Bank continues to ‘maintain growth momentum’

BRAC Bank Limited, the largest market cap in the Bangladesh banking sector, continues to maintain its growth momentum. BBL's H1-'19 customer loans and deposits have grown well above industry averages. BBL's strong governance, client acquisition strategies and risk management processes continue to drive NPLs down - the bank's 30th June...

City Bank declares half yearly financial performance for 2019

City Bank recently presented its half yearly financial performance for the year 2019. An event was organized in this regard at Hotel Intercontinental Dhaka where existing and potential investors, researchers, analysts involved in capital market, media were present. The event was also broadcasted live across the globe through webcast and...

News Briefs (31-07-2019)

Md Nurun Newaz Salim (5th from right), Chairman of NCC Bank, presiding over the 34th Annual General Meeting (AGM) of the bank, held at Sena Malancha, Dhaka on Tuesday. Directors and Managing Director & CEO Mosleh Uddin Ahmed (4th from right) seen, among others NCC Bank holds 34th AGMNational Credit...

Syed Mahbubur Rahman (right)

Syed Mahbubur Rahman (right), Managing Director & CEO of Dhaka Bank, and Engr. Nurul Aktar, Director of Energypac Group, exchanging the documents at the signing ceremony while Emranul Huq, Additional Managing Director of Dhaka Bank, and Engr. Nurul Aktar, Director of Energypac Group, signed the agreement on behalf of respective...

SJIBL inaugurated First Banking Booth at Bokshirhat Bazar

Shahjalal Islami Bank Limited (SJIBL) inaugurated its First Banking Booth at Bokshirhat Bazar, Senbag in Noakhali District on Tuesday. Managing Director & CEO of the Bank M. Shahidul Islam inaugurated the Booth as Chief Guest

Stock markets slump as Trump lashes out at China

LONDON, July 30 (AFP) - Stock markets on both sides of the Atlantic fell on Tuesday after US President Donald Trump lashed out at Beijing just as trade talks resumed, dealers said.The British pound, meanwhile, continued its slide to fresh two-year lows as more investors were betting on a no-deal...