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

Govt moves to review, cut microcredit service charge

The government has initiated a move to reduce the current 24 per cent service charge applied by microfinance institutions (MFIs) in a bid to make microcredit more affordable for low-income borrowers, especially those at the bottom of the economic pyramid.To this end, the Microcredit Regulatory Authority (MRA) has formed a...

Govt appoints administrator to BFA, dissolves board

FE REPORTThe Ministry of Commerce has appointed an administrator to the Bangladesh Fertiliser Association (BFA) after dissolving its board of directors.In two separate orders issued on Sunday, the ministry's trade organisation wing appointed Mustafizur Rahman, a joint secretary at the ministry, to oversee the BFA.He will serve for 120 days...

EXIM Bank's Half Yearly Managers Conference 2025 held

EXIM Bank's Half Yearly Managers Conference 2025 heldEXIM Bank held its Half Yearly Managers Conference 2025 on Saturday. Chairman of the Bank Md. Nazrul Islam Swapan was present as Chief Guest while Managing Director (Current Charge) Abdul Aziz Zumma presided over the conference at Exim Bank Head Office.

Appointment of consultant by Dec this year

CHATTOGRAM July 26: Bangladesh Railway (BR) is set to appoint a consultant for the construction of new rail-cum-road bridge over the River Karnaphuli in Kalurghat by December this year. According to sources, five foreign firms have already been shortlisted for this appointment, while one of them will be picked for...

IFIC Bank PLC, the largest bank in the country with 1,414 branches and Uposhakhas ( sub-branches)

IFIC Bank PLC, the largest bank in the country with 1,414 branches and Uposhakhas ( sub-branches), held its Half-Yearly Business Conference 2025 on Saturday at the Multipurpose Hall of IFIC Tower in Purana Paltan, Dhaka. Chairman of the Board of Directors of the Bank, Md. Mehmood Husain, was present as...

Prof Yunus seeks Malaysia's support to become part of ASEAN

Chief Adviser Prof Muhammad Yunus on Sunday renewed his call for Malaysia to support Bangladesh's bid to become a member of the Association of Southeast Asian Nations (ASEAN), reports UNB."We want to become part of ASEAN, and we will need your support," said the Chief Adviser when Nurul Izzah Anwar,...

Yields on T-bills fall further --

FE REPORT The yields on treasury bills (T-bills) fell further on Sunday as banks preferred to invest their excess liquidity in the risk-free securities.The cut-off yield, commonly referred to as the interest rate, on the 91-day T-bills declined to 10.33 per cent from the previous level of 10.45 per cent.However,...

China's industrial profits fall further in June

BEIJING, July 27 (Reuters): China's industrial profits continued to fall in June, data showed on Sunday, as entrenched producer deflation put more margin pressure on businesses in the face of subdued domestic demand and lingering global trade uncertainty.China's economy slowed less than expected in the second quarter in a show...

China eyes Bangladesh for green energy, RMG and tech investments

FE REPORTChinese investors have shown renewed enthusiasm for investing in key sectors of Bangladesh, including renewable energy, ready-made garments (RMG), healthcare, and consumer electronics.They expressed the interest during a high-profile visit and a series of bilateral engagements by a Bangladeshi delegation to Shanghai and Guangzhou last week.Ashik Chowdhury, Executive Chairman...

Islami Bank holds half-yearly business conference in Ctg

Islami Bank holds half-yearly business conference in Ctg Chattogram North Zone and South Zone and two Corporate Branches of Islami Bank Bangladesh PLC organized a half-yearly Business Development Conference on Saturday at IBTRA, Chattogram Regional Centre. Md. Omar Faruk Khan, managing director (current charge) of the bank, addressed the conference...

NRBC Bank holds Town Hall meeting in Rajshahi

NRBC Bank holds Town Hall meeting in RajshahiNRBC Bank PLC held a Town Hall Meeting in Rajshahi on Saturday with Md. Ali Hossain Pradhania, Chairman of the NRBC Bank attending the meeting as the chief guest. It was presided over by Managing Director and Chief Executive Officer (CEO) of the...