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Ibn Sina leaves Islami Bank
Rtv online report
03 May 2018, 00:00
Entrepreneur organization Ibn Sina has left Islami Bank at last. According to their earlier declaration they have sold out all the shares of Islami Bank left in their hands.
Dhaka Stock Exchange (DSE) sources said this on Thursday.
Last year the foreign entrepreneurs gave up their shares centering ownership change of the bank and following it now Ibn Sina Trust has sold out their shares.
DSE said, Ibn Sina Trust has sold out 3 crore 60 lakh 77 thousand 391 shares of Islami Bank.
Last week the company declared to sell the shares at the available market price within 30 working days. But the process was done within one week.
It was known that the shares of Islami Bank that Ibn Sina had were more than two percent of the total shares.
Recently a major change has come in the management of the biggest private sector bank of the country. Professor Md. Nazmul Hasan was appointed as the Chairman of Islami Bank following resignation of its former Chairman former secretary Arastu Khan.
AH
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Bribery, corruption main barriers to promote business in Bangladesh: US report
The '2024 National Trade Estimate Report on Foreign Trade Barriers' published on March 29 identified barriers to government procurement, intellectual property protection, digital trade, investment and labour rights in Bangladesh.
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BERC Chairman Nurul Amin announced the new price at a press conference on Wednesday (April 3) noon. The new prices will be effective from 6 pm.
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BASIC Bank to merge with City Bank
This time, BASIC Bank will merge with City Bank.
This decision was taken in a meeting held at Bangladesh Bank on Monday.
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Earlier, on April 5, gold prices crossed $ 2,300 an ounce for the first time in the world market. Just seven days later, on Friday, the price exceeded $ 2,400. Which is the highest in the world market.
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According to the new decision, price of bottled soybean oil hiked to Tk 167 from Tk 163 per litre.
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