$

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

Overseas: +8809678016474 For Help Local: 16474

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Daily Business News Flash June 06, 2022

STS Group’s MD to buy 1.35cr Dhaka Bank shares

Khondoker Monir Uddin, managing director of STS Group, declared to buy 1.35 crore shares of Dhaka Bank at the prevailing market price in the block market through the Dhaka Stock Exchange (DSE). According to the DSE source, he has already bought 1.30 crore shares of the bank at Tk13.20 each in the block market on Sunday. On 31 December last year, he held 2.87% of the bank’s total shares, which will increase to 4.29% – the highest among all directors of the bank – after the share transfer. Meanwhile, Dhaka Bank’s share price increased 0.76% to Tk13.10 on Sunday at the DSE compared to the previous trading session. On 26 April, its board had recommended a 12% cash dividend for 2021. The annual general meeting for the dividend approval will be held on 23 June. In 2021, its consolidated earnings per share (EPS) stood at Tk2.25, which was Tk2.09 a year ago. According to the bank’s audit report, its classified loan increased 15% year-on-year to Tk714.46 crore, which was 3.32% of its total disbursed loan.

Source: https://www.tbsnews.net/economy/stocks/sts-groups-md-buy-135cr-dhaka-bank-shares-433698

EBL reappoints Ali Reza Iftekhar as MD & CEO

Eastern Bank Ltd. (EBL) has reappointed Ali Reza Iftekhar, Managing Director and CEO for a fifth term until his retirement on April 18, 2026. He has been in this position since 2007. He is a recipient of CEO of the Year 2012 award at Asian Leadership Award programme held in Dubai. He also led the Association of Bankers, Bangladesh (ABB), a forum of managing directors of scheduled banks, for two terms 2020-21 and 2014-2015.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ebl-reappoints-ali-reza-iftekhar-as-md-ceo-1654452905

Tanjil Chowdhury re-elected Chairman of Prime Bank

Tanjil Chowdhury has been unanimously re-elected as chairman of Prime Bank for a consecutive term of two-years (2022-24) in the 528th Board Meeting. He is the Managing Director of East Coast Group (ECG), a diversified conglomerate in Energy & Downstream Hydrocarbons. He completed his BA (Hons) in Accounting & Finance with distinction and went on to complete MSc in International Management (Finance) from King’s College London (KCL). Tanjil Chowdhury is an advisor to British International Investment (BII), formerly CDC Group Plc, UK’s development financial institution, and an impact investor with assets of £7.5 billion across the world in emerging economies.Mr Chowdhury served as President of Bangladesh Merchant Bankers Association (BMBA) for 2014 & 2015 and was the former President of Solar Module Manufacturers Association of Bangladesh (SMMAB).

Source: https://today.thefinancialexpress.com.bd/stock-corporate/tanjil-chowdhury-re-elected-chairman-of-prime-bank-1654452984

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,899.70
↓ 348.58↓ 1.05 %
FTSE100$ 7,532.95↓ 74.71↓ 0.98 %
Nikkei 225$ 27,953.28↑ 191.71↑ 0.69 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 119.79↑ 0.92↑ 0.77 %
Crude Oil (Brent)$ 120.66↑ 0.94↑ 0.79 %
Gold Spot$ 1,855.99↑ 4.80↑ 0.26 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 89.9000
GBP 1BDT 112.3031
EUR 1BDT 96.3908

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

YOUR SAFETY MEANS EVERYTHING TO US
In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

WE WILL FREQUENTLY UPDATE YOU
As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited

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