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

Computer, ICT sector suffering from customs policy anomalies

The computer and ICT sector is suffering from customs policy-related anomalies in releasing their import consignments of components, industry insiders alleged, seeking government intervention to remove the complexities."We hope the present government will take proper action to resolve our problems," Zahirul Islam, Chairman of Smart Technology, told a meeting titled...

Banks commit to adopt BIAC programme

A discussion was held recently at the Bangladesh International Arbitration Centre (BIAC), bringing together key stakeholders, including senior officials from various banks, legal experts, and financial analysts. The discussion centred on the implications of Bangladesh Bank's BRPD Circular No. 11, which advises all banks to utilise Alternative Dispute Resolution (ADR)...

EBL, German Embassy partner to promote climate action

Eastern Bank PLC. (EBL), a leading private commercial bank in Bangladesh, and the Embassy of the Federal Republic of Germany, have entered into a partnership to collaborate on the 'EBL Climate Change Action Award' with the common goal of promoting climate change adaptation and mitigation in Bangladesh, says the EBL...

IMF lauds Bangladesh's efforts to overcome economic challenges

The International Monetary Fund (IMF) has praised Bangladesh's measures, taken by the interim government, to overcome economic challenges due to the recent turbulence and major floods."In response to the challenging circumstances, the authorities' efforts to initiate adjustments, including continued monetary tightening and rationalizing non-priority capital spending are commendable," IMF Mission...

Prime Bank opens sub-branch at Nikunja, Dhaka

Prime Bank PLC, a leading financial institution committed to innovation and customer-focused solutions, has opened its sub-branch at Prime Tower in Nikunja, Dhaka. "We are excited to open our doors in Nikunja as part of our broader strategy to bring banking closer to the people," said Md. Nazeem A. Choudhury,...

59th Board Meeting of SIBL Securities held

Social Islami Bank Limited (SIBL) Securities Ltd held its 59th board meeting at the bank's head office in Dhaka on Sunday. Md. Morshed Alam Khondoker, Director of the bank & Chairman of SIBL Securities, presided over the meeting. Director of the securities Mohammad Forkanullah, the banks Managing Director (Acting) Abdul...

83rd meeting of Shari'ah Supervisory Committee of Shahjalal Islami Bank

The 83rd meeting of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC (SJIBPLC) was held on Monday at the Corporate Head Office of the Bank. The Chairman of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC Hazrat Maulana Mufti Shahed Rahmani presided over the meeting. Among others, Members of Shari'ah...

Union Capital Limited holds 26th AGM

The 26th Annual General Meeting of Union Capital Limited was held on Monday at Gulshan Shooting Club, Gulshan-1, Dhaka through hybrid (physicals presence and virtual) mode. Chairman and Independent Director of Union Capital Limited Munshi Shafiul Haque presided over the meeting. Among Directors Waqar A. Choudhury, Nadeem A. Chaudhury, Independent...