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

Bangladesh moves toward signing FTA with US

Bangladesh is taking steps toward signing a zero-tariff deal or a Free Trade Agreement (FTA) with the USA in a bid to enhance bilateral trade and investment, according to sources. The Ministry of Commerce (MoC) on Monday formed a high-powered committee to prepare a draft deal and submit it to...

UCB Investment closes Tk 12,000m bond for Dutch-Bangla Bank

UCB Investment Limited has successfully closed the Dutch-Bangla Bank 5th Subordinated Bond of BDT 12,000 million, issued by Dutch-Bangla Bank PLC, says a statement. This is the largest capital bond till date issued by any private commercial bank in Bangladesh, marking a significant milestone in the country's financial sector. The...

Aviation sector can contribute 1.5pc to GDP in five years

Outgoing Executive Director of Hazrat Shahjalal International Airport (HSIA) Group Captain Dr Muhammad Kamrul Islam believes that if the current progress in aviation and related sectors continues, it is possible for these industries to contribute 1.5 per cent or more to the country's GDP within the next 5 to 7...

Audit Committee of NRB Bank gets new chairman

AKM Mizanur Rahman has recently been elected the chairman of the Audit Committee of the Board of Directors of NRB Bank PLC at a meeting of the Board of Directors, says a statement.Mr. Rahman is a distinguished independent director at Standard Ceramic Industries Ltd. He also served as an independent...

Dhaka Bank signs payroll banking agreement with East Coast Group

Dhaka Bank PLC signed a payroll banking agreement with East Coast Group at the bank's head office in Dhaka on Tuesday. Sheikh Mohammad Maroof, Managing Director & CEO of Dhaka Bank, and Dilruba Chowdhury, Director, HR of East Coast Group, exchanged the agreement at the signing ceremony. Under this agreement,...

PBIL and WeGro Expand Investment Opportunities for AgriInvestors

Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, and WeGro Technologies Limited, a digital platform enabling investments in agricultural projects, signed a Memorandum of Understanding (MoU) recently. Under this partnership, investors using the WeGro app/website can now seamlessly invest in regulated financial markets via PBIL's PrimeInvest Discretionary...