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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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Daily Business News Flash September 04, 2022

Bangladesh received $2.03bn remittance in Aug

Bangladesh received inward remittance worth US$2.03 billion in August — raising hope amidst a forex crisis.
In July, the first month of FY2022-23, migrant workers sent home $2.09 billion remittance, said a Bangladesh Bank report.
The inward remittance flow was $1.87 billion in July and $1.81 billion in August in FY 2021-22.
Bangladesh received $21.03 billion remittance in FY22, showing a 15 per cent fall from $24.77 billion inward remittance in FY21. The remittance flow in the first two months of the current fiscal year is providing a glimmer of hope for forex reserve — crucial to meet the growing import demands.

Source: http://www.allbanglanewspapersbd.com/the-daily-observer/

NCC Bank gets chairman, vice-chairman

NCC Bank has re-elected its chairman, Md Abul Bashar, for the next one year and elected a vice-chairman, Sohela Hossain.

Bashar started working at the Prime Group of Industries as deputy managing director over 20 years ago. He is the managing director of the group’s recycling division and Prime Financial Consultants and Equities. He obtained a bachelor’s degree in management information systems from the US. Hossain is also the chairman of Mir Akhter Hossain and president of Mir Cement, Mir Real Estate and Mir Concrete Products.

Source: https://www.thedailystar.net/business/economy/news/ncc-bank-gets-chairman-vice-chairman-3110286

Islamic banks’ deposits cross Tk 4 lakh crore for first time

Deposits into shariah-based Islamic banks rose by 12 per cent to Tk 4.12 lakh crore at the end of June 2022 from 3.68 lakh crore at the same period last year. It was the first time that the deposit of Islamic banks crossed Tk 4 lakh crore.

In terms of total deposits, however, the Islamic banks’ market share dropped to 26.19 per cent in April-June from 28.21 per cent in January-March period of 2022. Out of a Tk 15,74,378-crore total deposit into the banking system at the end of June, the Islamic banks held Tk 4,12,341 crore, according to the Bangladesh Bank’s latest quarterly report.Of the total Tk 4.12 lakh crore deposit of Islamic banks, demand deposit was Tk 52,493 crore and time deposit was Tk 3,59,848 crore.390.

Source: http://www.allbanglanewspapersbd.com/new-age/

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$31,318.44
↓ 337.98↓ 1.07%
FTSE100$7,281.19 ↑ 132.69↑ 1.86%
Nikkei 225$27,650.84↓ 10.63 ↓ 0.04%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$86.87 ↑ 0.26↑ 0.30%
Crude Oil (Brent)$93.02↑ 0.66↑ 0.71%
Gold Spot$1712.19↑ 14.67↑ 0.86%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 95.0000
GBP 1BDT 110.4375
EUR 1BDT 95.5795

*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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