Business & Economy
0

Mercantile Bank’s Managing Director Md. Quamrul Islam Chowdhury presides over its ‘Business Review Meeting’ for Barisal and Khulna region held at a hotel in Barisal recently. Heads of 17 branches including sub-branches of the bank’s Barisal and Khulna zone and other senior officials were present.

Mercantile Bank's Managing Director Md. Quamrul Islam Chowdhury presides over its 'Business Review Meeting' for Barisal and Khulna region held at a hotel in Barisal recently. Heads of 17 branches including sub-branches of the bank's Barisal and Khulna zone and other senior officials were present.
block
block
Related

UPGDCL posts a massive 127pc profit growth in Q1

Business Report : United Power Generation & Distribution Company Ltd (UPGDCL) posted a massive rise in profit in the first quarter, driven by higher tariffs and stable forex rates. Its quarterly profit surged a robust 127 percent year-on-year to Tk 418.87 crore, for the July-September quarter of 2024. This growth is attributed to increased bulk electricity tariffs and stable foreign exchange rates, said the company in its unaudited financial statements. The rise in profits drove shares of UPGDCL 9.98 percent...

PLI settles Tk 3.05b claims in first Q3 of 2024

Business Report : Pragati Life Insurance Limited (PLIL) has successfully settled Tk 3.052 billion (305.20 crore) in claims from January to September 2024, reflecting an 11.73 per cent increase compared to the same period last year. The company settled a total of 98,266 claims in the first three quarters of 2024, including death claims, maturity claims, medical claims, and other insurance benefits. Remarkably, the average claim settlement time was just 4 days, according to a media release. In 2023, Pragati...