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

Govt working to expand global mkt access for jute products

Textiles and Jute Adviser Sk. Bashir Uddin has emphasised the need to combine aesthetics with practical utility in the development of jute products with a view to effectively capturing both local and global markets.He made the remarks while speaking as the chief guest at the inauguration of a boot camp...

Land zoning system in the works

The government has initiated a move to introduce land zoning system aiming to ensure proper utilisation of land in the country.As part of the move, an ordinance will be passed soon, according to the Ministry of Land (MoL). "We (the government) are in the process of enacting a law (ordinance)...

Bengal Commercial Bank hosts Expatriate Gathering in Malaysia

Bengal Commercial Bank hosts Expatriate Gathering in Malaysia Bengal Commercial Bank organised a 'Gathering for Expats' in Malaysia to encourage expatriates to send remittances through legal channels. Tarik Morshed, Managing Director and CEO of the bank, presided over the event held at a hotel in Kuala Lumpur recently. Md. Saiful...

National Bank undertakes series of campaigns

National Bank PLC has undertaken a set of specially designed campaigns to reinforce the stability of its deposits with a strong focus on rebuilding customer confidence and trust.The deposit attrition rate also dropped to 0.08 per cent by the end of August, down from over 3.0 per cent negative last...

Shahjalal Islami Bank provides financial assistance to farmer

Shahjalal Islami Bank provides financial assistance to farmerAs part of Corporate Social Responsibility (CSR) Programme, Shahjalal Islami Bank PLC provided Tk 500,000 in financial assistance to a poor farmer and rickshawpuller of Muradnagar upazila in Cumilla on Monday for the treatment of his wife and child. Managing Director (Current Charge)...

MetLife recognises best performing agency force

MetLife Bangladesh has recently recognised around 1,000 of its top-performing Financial Associates, Unit Managers, and Branch Managers through recognition ceremonies.They were honoured in recognition of their outstanding business performance in the year 2024, effective use of digital technology, superior customer service, creation of employment opportunities, and their efforts to make...

Govt borrows Tk 20b thru' bonds

The yield on five-year Bangladesh Government Treasury Bonds (BGTBs) declined further on Tuesday, as banks opted to channel their excess liquidity into the risk-free instruments.The cut off yield, generally known as the interest rate, on the BGTBs came down to 10.03 per cent on the day from 10.28 per cent...

Shimanto Bank holds tree plantation programmes

Shimanto Bank holds tree plantation programmesTo combat negative impacts of climate change, Shimanto Bank has arranged tree plantation programmes in 7 schools in Shyamnagar, Satkhira, and 2 schools in Teknaf, Cox's Bazar recently. Saplings of fruit, timber and medicinal trees were planted during the event. Mohammad Hosen, Branch Manager of...

Maksudul Hasan new AMD of Uttara Bank

Maksudul Hasan has been appointed as Additional Managing Director of Uttara Bank PLC. Prior to his new role, he was the Deputy Manging Director of the bank, says a statement. Mr Hasan started off his career in Uttara Bank in 1989 as a probationary officer. Since then, he has been...

Walmart to launch first stores in Africa by year-end

JOHANNESBURG, Sept 9 (Reuters): US retailer Walmart will launch its first branded stores in South Africa this year, it said on Tuesday.The move by Walmart, which already owns South African retail group Massmart, places it in direct competition with established domestic retailers including market leader Shoprite, Woolworths and Pick n...