$

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

Daily Business News Flash April 13, 2022

BB orders uniform provisioning policy

The central bank asks all the scheduled banks to follow a uniform policy for maintaining provision against classification of other assets for ensuring discipline in the country’s banking system. The banks have been instructed to submit report on provisioning of other assets to the Department of Offsite Supervision (DOS) of the central bank on a quarterly basis, according to a notification issued Tuesday by the Bangladesh Bank.The central bank fixed criteria for classification and provisioning of other assets divided into 12 items, including legal expenses, accrued income, accrued interest on loans and advances, accrued interest on investment and other accrued income.

Source: https://today.thefinancialexpress.com.bd/first-page/bb-orders-uniform-provisioning-policy-1649785447

BRAC Bank launches QR-based transactions

BRAC Bank has launched Quick Response (QR)-based transactions through the mobile app ‘ASTHA’ to provide its customers with the convenience of daily transactions. It lets users scan a BRAC Bank QR or other banks’ QR displayed by the merchant points and make instant payments. The bank’s VISA, Mastercard debit and credit cardholders can make payments with just a few taps using ‘ASTHA’. QR transaction with ASTHA app is easier, faster and safer. It is a secure process requiring payment confirmation through One Time Password (OTP). BRAC Bank is the only bank providing reward points in QR transactions linked to the bank’s debit cards. The customers will earn one reward point for BDT 100 transactions made through QR platform. The customers can avail the payment service at more than 1,000 BRAC Bank QR merchants across dine-in, lifestyle, electronics, healthcare, departmental store, automobile and travel categories across Bangladesh, and the bank is rapidly expanding this QR acquiring network. The customers can also use Bangla QR platform of any other local bank in Bangladesh.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/brac-bank-launches-qr-based-transactions-1649778509

Promoted as AMD of Bank Asia

Mr. Shafiuzzaman has recently been promoted to the post of Additional Managing Director of Bank Asia Limited. Prior to the promotion, he was Deputy Managing Director of the Bank. Mr. Shafiuzzaman is Chief Credit Officer of Bank Asia and overseeing the function of Credit Risk Management and Credit Administration Divisions. He is also entrusted to oversee the Sustainable Financing and Corporate Social Responsibility (CSR) Department of the Bank. He joined Bank Asia Limited in 2015 as Senior Executive Vice President and was looking after the Corporate and Large Loan Division of the Bank. Later, he was promoted to the post of Deputy Managing Director of the Bank in 2020.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/promoted-as-amd-of-bank-asia-1649778557

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,220.36
↓87.72↓0.26%
FTSE100$ 7,576.66↓41.65↓0.55%
Nikkei 225$ 26,755.05↑420.07↑1.60 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 100.80↑0.20↑0.20%
Crude Oil (Brent)$ 104.87↑0.23↑0.22%
Gold Spot$ 1,969.23↑2.47↑0.13%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.1980
GBP 1BDT 112.3445
EUR 1BDT 93.8201

*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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