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

Experts urge structural reforms and trade resilience ahead of LDC graduation

Economists and experts have stressed that Bangladesh's upcoming graduation from the Least Developed Country (LDC) status in 2026 requires urgent and comprehensive preparation, bold policy reforms, and effective coordination among stakeholders to ensure a smooth transition.They also warned that both internal and external economic vulnerabilities could undermine the country's competitiveness...

Sonali Bank eyes end to capital shortfalls, boosts digital transformation

Amid what is arguably the most challenging period for the banking sector, Sonali Bank PLC is aiming to fully overcome its longstanding capital and provisioning shortfalls by the end of the year.Leveraging growing deposits and investment portfolios despite ongoing economic sluggishness, the country's largest commercial bank is also focusing on...

ONE Bank gets new managing director

Muhit Rahman, a seasoned banker, joined ONE Bank PLC as its Managing Director on Sunday, says a press statement.Mr Muhit brings with him more than 30 years of experience in corporate, institutional and investment banking, having served in senior leadership positions at Standard Chartered Bank and previously at American Express...

Guardian settles Tk3.85b claims

In another strong demonstration of financial reliability and customer commitment, Guardian Life Insurance Limited has disbursed Tk 3.85 billion in insurance claims by the third quarter of 2025, reaffirming its position as one of Bangladesh's most financially stable and trusted insurers.The total includes payouts of Tk 2.18 billion in death...

Citizens Bank holds Training on CMSME Financing

Citizens Bank organised a daylong training on 'CMSME Financing: Guidelines, Appraisal and Documentation' at its Training Academy recently. Md. Mostafizur Rahman, Deputy Managing Director of the bank, inaugurated the event. Masum Billah, Joint Director, SME & Special Programs Department of Bangladesh Bank, was present as the key speaker. Among others,...

CBC supports Teach For Bangladesh in professional development training

With support from CBC, Teach For Bangladesh (TFB) is conducting a three-month Professional Development Training for 134 fellows across Dhaka, Chattogram, Rangpur, and Cox's Bazar from September to November. The sessions focus on climate education, gender equity, and digital literacy while enhancing inclusive teaching, leadership, and community engagement. Through these...

BB, Islami Bank arrange training for SME entrepreneurs

Islami Bank Bangladesh PLC Rajshahi Zone launched a month-long Entrepreneurship Development Program for the country's SME entrepreneurs on Monday. The event is organized under the Skills for ''Industry Competitiveness and Innovation Program" project of the Finance Division, Ministry of Finance, funded by the Asian Development Bank (ADB), and conducted under...

Delta Life celebrates 40th founding anniversary

Delta Life Insurance Company Limited celebrated its 40th founding anniversary at the company's head office in Gulshan on Monday. The company's Board Member and Chairperson of the Executive Committee, Adeeba Rahman, inaugurated the event by cutting a cake. Deputy Managing Director Anwarul Haque, Consultant Shafiul Alam Khan Chowdhury, and AMD...

Oil prices steady after US shutdown talks advance

LONDON, Nov 10 (Reuters): Oil prices edged higher on Monday as investors assessed a potential end to the US government shutdown and concerns around oversupply in the crude market.Brent crude futures rose 31 cents, or 0.49 per cent, to $63.94 a barrel by 1300 GMT. US West Texas Intermediate crude...

Shell exits 2 wind projects off the UK coast

LONDON, Nov 10 (Reuters): Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.Shell sold its 50 per cent interest in MarramWind to ScottishPower Renewables and returned...

Amazon takes low-cost e-commerce service global

Amazon.com on Friday said it expanded its low-cost e-commerce service Amazon Bazaar, known as Haul in the US, to 14 additional markets, ramping up competition with Chinese rivals like Shein and PDD Holdings' Temu in the global race to sell ultra-cheap goods like $10 dresses and $5 accessories, reports Reuters.Sweeping...

IKEA profit falls 26pc to $2b as US tariffs fuel costs

LONDON, Nov 10 (Reuters): Sweden's Inter IKEA, which supplies furniture to IKEA stores around the world, said on Friday its annual operating profit dropped 26 per cent as the impacts of US tariffs drove up costs.The IKEA brand owner said operating profit for the financial year ended August 31 was...