$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Issue 47, August 20, 2017

Money Market

Parameters Current Period Earlier Period Change
Average Call Money Rate 3.71%
(Aug 17 ’17)
3.59%
(Aug 10 ’17)
0.12%
Call Money Lending (Crore BDT) 7,936.00
(Aug 9 ’17)
7,673.00
(Aug 10 ’17)
3.35%
Prices Weighted Average Deposit Rate 4.84%
(Jun ’17)
4.93%
(May ’17)
0.09%
Weighted Average Lending Rate 9.56%
(Jun ’17)
9.66%
(May ’17)
0.10%
Spread 4.72%
(Jun ’17)
4.73%
(May ’17)
0.01%
YoY Private Sector Credit Growth 15.66%
(Jun ‘17)
16.78%
(Jun ‘16)
1.12%
Classified Loan % Total Outstanding 10.13%
(Jun ’17)
10.53%
(Mar ’17)
0.40%

Major Local Economic Indices

GDP Growth Rate 7.24%
(FY ’17)
7.11%
(FY ’16)
0.13%
Inflation (12 Months Average) 5.45%
(Jul ’17)
5.44%
(Jun ’17)
0.01%
Export 3,207.00
(Jul ’17)
2,534.31
(Jul ’16)
26.54%
Import (C&F) 3,238.00
(Jun ’17)
3,531.00
(Jun ’16)
8.30%
Foreign Remittance 1,115.57
(Jul ’17)
1,005.51
(Jul ’16)
10.95%
FX Reserve 33,239.94
(Aug 16 ’17)
30,524.60
(Aug 16 ’16)
8.90%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

Local DSEX 5,861.11
(Aug 17 ‘17)
5,901.81
(Aug 10 ‘17)
0.69%
CSCX 11,019.48
(Aug 17 ‘17)
11,063.00
(Aug 10 ‘17)
0.39%
CASPI 18,227.08
(Aug 17 ‘17)
18,307.98
(Aug 10 ‘17)
0.44%
Global Nikkei 225 19,470.30
(Aug 18 ’17)
19,731.58
(Aug 11 ’17)
1.32%
Dow Jones Industrial Average 21,675.27
(Aug 18 ’17)
21,861.16
(Aug 11 ’17)
0.85%
FTSE 100 7,327.49
(Aug 18 ’17)
7,305.48
(Aug 11 ’17)
0.30%

Major Global Economic Indices

Type Country Inflation5 GDP Growth Rate4 Unemployment Rate
G8 United States 1.70% 2.10% 4.30% 5
Great Britain 2.60% 1.70% 4.40% 4
Euro Zone 1.30% 2.10% 9.10% 4
Major
Trade
Partners
China 1.40% 6.90% 3.95%4
India 2.36% 6.10%1 3.27%5
Germany 1.70% 2.10% 3.80%4
Singapore 0.50%4 2.90% 2.20%4

1-Mar ’17, 2-Apr ’17; 3-May’17; 4-Jun’17; 5-Jul’17

Commodity Market

Crude Oil (Brent) [USD/bbl] 52.72 52.10 1.19%
Gold Spot (USD/t oz.) 1,284.13 1,289.31 0.40%
Wheat (CBOT) [USD/bu] 442.50 467.00 5.25%
Soyabean Oil (CBOT) [USD/lb] 33.97 33.99 0.06%

* Current Period refers to August 18, 2017 & Earlier Period Refers to August 11, 2017

Exchange Rates

EUR-USD Latest EUR to USD exchange rate was 1.1761. Previous week’s rate was 1.1821, change -0.51%.
GBP-USD Latest GBP to USD exchange rate 1.2870. Previous week’s rate was 1.3014, change -1.11%.
USD-JPY Current USD-JPY exchange rate is 109.1800. Previous week’s closing price was 109.1900, change -0.01%.
USD-AUD Current AUD to USD exchange rate 0.7929. Previous week’s rate was 0.7894, change +0.44%.

Banks News in Dailies

Banks News in Capital Market

  • MERCANBANK: Board of Directors has decided to issue fully redeemable Non-Convertible 7 years Floating Rated Subordinated Bond of Tk. 300.00 crore to meet capital requirement under Basel-III subject to approval from the concerned Regulatory Authorities.
  • ABBANK: The Company has further informed that the 35th AGM has been postponed due to unavoidable circumstances. The new date of the AGM will be notified later after obtaining approval from the Regulatory Authorities
  • NBL: BSEC has given consent for issuance of Unsecured fully Redeemable Subordinated Floating Rate Bond of Tk. 400 crore divided into 400 Bonds of Tk. 1.00 crore each through private placement for raising capital of the Company.
  • ISLAMIBANK: BSEC has accorded consent for raising of Tier 2 capital through issuance of 7 years Non-convertible amounting to Tk. 5,000.00 million only through private placement in order to strengthen Capital Base of the Bank.

Week in History

  • August 13, 1918 – Bayerische Motoren Werke AG (BMW) established as a public company in Germany
  • August 14, 2015 – The US Embassy in Havana, Cuba re-opens after 54 years of being closed when Cuba–United States relations were broken off.
  • August 15, 2015 – North Korea moves its clock back half an hour to introduce Pyongyang Time, 8½ hours ahead of UTC
  • August 16, 2008 – The Trump International Hotel and Tower in Chicago is topped off at 1,389 feet (423 m), at the time becoming the world’s highest residence above ground-level.
  • August 17, 2008 – American swimmer Michael Phelps becomes the first person to win eight gold medals at one Olympic Games.
  • August 18, 2008 – President of Pakistan Pervez Musharraf resigns under threat of impeachment.
  • August 19, 2010 – Operation Iraqi Freedom ends, with the last of the United States brigade

Disclaimer: This Document has been prepared and issued by R&D, DBL on the basis of the public information available in the market, sources of data believed to be reliable. All reasonable care has been taken to ensure that the facts & information stated in the Document are accurate as on the date mentioned herein.