Business & Economy
0 1 min read

NCC Bank profit drops 78pc in Jan-Mar

block

Business Report :
The NCC Bank’s profit dropped by 78% in the January-March of this year compared to the previous year in the same quarter.

According to the statement of the bank filing on the Dhaka bourse, its consolidated earnings per share was Tk0.15 during the first quarter, which was Tk0.67 a year ago.

Its share price fell by 1.67% to settle at Tk11.80 in the first two hours of the session on Wednesday.

block
Related

Faruk gives directives on passenger service, ticketing to Biman

Business Report : Civil Aviation and Tourism Minister Muhammad Faruk Khan on Wednesday gave directives to the Biman Bangladesh Airlines on the issues related to passenger services, ticketing and engineering. He made the directives while holding a view exchange meeting with the Biman’s management at Balaka, the headquarters of the national flag carrier in the capital, a press release said. During the meeting, the minister was informed on various issues of the Biman Bangladesh Airlines’ operations. Biman Board of Directors...

RACE claims 100pc of assets secure, safe, 97pc with custodians ICB and BRAC

Business Report : Bangladesh RACE Management PCL in response to the recent order by Bangladesh Securities and Exchange Commission dated 24 June 2024, assures the Honorable Commission and all stakeholders that all listed and non-listed securities of mutual funds are securely held by the custodians, with 97per cent of the assets under the supervision of respective Custodians. The remaining assets are also managed under strict protocols to ensure their safety and integrity. Various types of mutual fund accounts, including Custodian...