Q3 earnings of ICB decreased by over 62pc

The government-owned Investment Corporation of Bangladesh has experienced a 62.2 per cent fall in its 3rd quarter (January-March) earnings of the current...

15pc cash dividend declared by Bangladesh National Insurance

Bangladesh National Insurance Company’s board of directors have recommended a 15 per cent cash dividend for the year which concluded on December...

IPDC’s stock price rise due to higher earnings

IPDC Finance’s stocks have risen 2.08 per cent to Tk 24.50 on April 25, mainly due to the higher earnings declarations by...

Prime Bank joins forces with Farmers Best to ease agri-finance

Farmers Best and Prime Bank have joined forces to ease the financing to the farmers and agriculture entrepreneurs of the nation.

Q1 profit sees a 16pc increase for Mercantile Bank

Mercantile Bank has reported a 16 per cent upturn in profit for the Q1 of 2021. The bank has been listed on...

Tk454 cr profit after tax reported by BRAC Bank for the year 2020

A net profit after tax (NPAT) of Tk 454 crore by the BRAC Bank Limited (BBL) on a standalone basis and an...

NBFIs permitted by Bangladesh Bank to operate on a limited scale during April 22-28

The Bangladesh Bank on April 21 has granted permission to the non-bank financial institution to operate for 4 hours in the week...

10pc cash dividend declared by Nitol Insurance

Nitol Insurance Company’s board of directors have recommended a 10 per cent cash dividend for the year which concluded on December 31st,...

Interbank cheque clearing system restored by Bangladesh Bank

Bangladesh Bank, on April 18, has restored the interbank cheque clearing system in a major relief for users but a backlog of...

3-hour COVID-19 claim decision service launched by MetLife

MetLife Bangladesh, in response to the ongoing impact of the pandemic in the nation, has come up with the initiative to launch...

Standard Chartered Bank recipient of the ‘Best Mobile Banking App’ award

Standard Chartered Bank Bangladesh is the recipient of the best mobile banking app award at The Global Economics Awards 2021. This is...

$2 billion investment signed by BD Finance and SIG

A deal has been signed between the Bangladesh Finance and Investment Company Limited (BD Finance) and the US-based Sovereign Infrastructure Group (SIG)...

Bank Asia Limited appoints Tania Nusrat Zaman as Director

Bank Asia Limited has appointed Tania Nusrat Zaman as their new director. In 1987, she began her career as...

Subodh, interest free book loan, brought back IPDC

Subodh, an interest free book loan, has been brought back by IPDC Finance Limited so that it can promote creative reading among...

Mutual Trust Bank promotes Md Khalid Mahmood Khan as DMD

Mutual Trust Bank has recently promoted Md Khalid Mahmood Khan as their new deputy managing director with effect from 1st of April.

Recent Article

Country’s imports from ACU nations increase by 23pc

Imports from the Asian Clearing Union (ACU) member countries increased by more than 23 per cent in the March-April period of this...

Bangladesh’s dry food export witnessed six times growth

Country’s export of the dry food items has made a significant six and half times growth, with a shipment of $243.47 million...

US apparel import from Bangladesh dropped by 8.55pc in Jan-March

Bangladesh’s apparel export to the United States dropped by 8.55 per cent in the third quarter (January-March) of FY2021 due to the...

Profit of the Kohinoor Chemical rise by 398pc in Q3

Kohinoor Chemical Company (Bangladesh) Limited, operating under the brand name of ‘Tiber’ posted a 398 per cent growth in earnings per share...

30% dividend approved by Delta Brac Housing for 2020

Delta Brac Housing Finance Corporation Limited’s (DBH) shareholders on May 6 unanimously approved a 30 per cent dividend, of which 15 per...

Dividends declared by MBL, AIBUL mutual funds

The two closed-end mutual funds, Mercantile Bank Ltd (MBL) 1st Mutual Fund and Al-Arafah Islami Bank Ltd (AIBL) 1st Islamic Mutual Fund’s...

United Power earnings doubled in Q3 after acquiring two power plant shares

In a filing with Dhaka Stock Exchange (DSE) on 4th May (Tuesday), United Power Generation and Distribution Company stated its earnings doubled...

Golden Harvest incurred loss in January-March period

In a filing with the Dhaka Stock Exchange (DSE) on 3rd May (Monday), the Golden Harvest Agro Industries posted that it lost...