Most Banks’ EPS up in Jan-Sept The consolidated Earnings Per Share [EPS] of most of the listed Banks rose in nine months for January-September, 2019 compared to that of the same period last year. According to Market analysts, most of the Banks’ earnings soared in January-September 2019, due to increase

Banks donate Tk 30cr for Chawkbazar fire victims Private banks have donated Tk 30 crore to the Prime Minister’s Relief and Welfare Fund as assistance for the people who were affected by the recent fire in Churihatta in Old Dhaka’s Chawkbazar. The top brass of all the private commercial banks

BB issues new Policy to police Offshore Banking Operations The central bank has issued a new policy asking banks to comply with cash reserve requirement (CRR) and statutory liquidity ratio (SLR) rules for their Offshore Banking Operations. Under the new policy, three-fourths of total outstanding offshore operations’ funds will have

Stocks snap three-day losing streak as GP rebounds Stocks rebounded on Wednesday, snapping a three-day losing streak, as some investors showed their buying appetite for major sector shares. Market analysts said bargain hunters took position on stocks which suffered losses due to recent price correction, taking the market to the

BB unveils H2 Monetary Policy Statement today The central bank is set to unveil its second half-yearly (H2) monetary policy statement (MPS) today (Wednesday) with a likely goal of achieving sustainable economic growth, putting a curb on inflation. Bangladesh Bank (BB) Governor Fazle Kabir will announce the MPS for the