The Premier Bank has mobilised Tk 11.44 billion in fresh deposits within 26 working days since April 1 this year under its "Deposit & Recovery Campaign 2026", according to a press release. The bank also reported around Tk 5,23 billion in cash recovery between January and April 2026. The performan
Bangladesh Shipping Corporation posted a 15.61 per cent year-on-year decline in profit to Tk 637.60 million in Q3 of FY26 as interest income fell following the use of savings from fixed deposits to acquire new ships. Earnings per share slid to Tk 4.08 in the January-March quarter from Tk 4.95 in t
Bangladesh's home loan sector is showing cautious resilience despite rising construction costs and soaring property prices that are squeezing middle-income homebuyers amid persistent inflationary pressures, according to Md Mahiul Islam, deputy managing director (DMD) of BRAC Bank. "Despite these c
The securities regulator has come under intensifying pressure to lift the limit on using IPO (initial public offering) proceeds for bank loan repayments. Amid liquidity stress in banks due to a high volume of bad loans and the repayment burden on businesses caused by high interest rates, entrepren
Stocks extended their losing streak for a second consecutive week as weak corporate earnings and persistent macroeconomic concerns weighed on investor sentiment. The benchmark DSEX index of the Dhaka Stock Exchange (DSE) closed the week down 53 points, or 1.0 per cent, settling at 5,234. Over the
Robi Axiata reported a record quarterly profit of Tk 2.32 billion in the January-March period this year, supported by strong revenue growth and disciplined cost management despite a challenging business environment. The second-largest telecom operator's first-quarter profit surged 86 per cent in t
The securities regulator has issued an order to convert deeply discounted closed-end funds into open-ended structures, subject to unitholders' approval, with the transition process set to begin on May 12. The order aligns with the newly enacted Bangladesh Securities and Exchange Commission (Mutual
Bank Asia has approved the issuance of a Tk 10 billion Green Sustainable Subordinated Bond to strengthen its regulatory capital base and finance environmentally sustainable projects. The approval came at the bank’s 584th board meeting held on May 6, according to a disclosure published on Thu
Linde Bangladesh posted strong year-on-year profit growth in the first quarter of 2026, driven by higher sales and a sharp reduction in operating expenses. The multinational industrial gas producer reported a profit of Tk 110 million for the January-March quarter, marking a 37 per cent increase fr
The stock market regulator has ordered Vanguard Asset Management to refund investments it made in purchasing shares of two non-listed companies-Bengal Poly & Paper Sack and AFC Health-in violation of securities rules. The Bangladesh Securities and Exchange Commission (BSEC) has also decided to imp
IDLC Finance secured a 22 per cent year-on-year growth in consolidated profit to Tk 622 million in January-March (1Q) 2026, backed by a significant rise in operating income. It reported an operating income of Tk 2.44 billion in the first quarter of 2026, a 31 per cent increase from the same quarte
Stocks opened positively on Wednesday after a single-day break, as opportunistic investors showed renewed buying interest, reversing prior caution over earnings-driven momentum. The investors showed resilience amid ongoing domestic factors and emerging geopolitical dynamics, market analysts said.
The Dhaka Stock Exchange (DSE) has revoked the Trading Right Entitlement Certificate (TREC) licence of Sonali Securities for violating securities rules relating to minimum capital requirements. The prime bourse on Tuesday announced the regulatory decision on its website, saying the brokerage firm
