$

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

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Daily Business News Flash April 17, 2024

Bank deposits slow in Feb, yet stay higher YoY at 10.43%

Bangladesh’s banking sector experienced a slight drop in deposit growth in February this year, yet it continues to maintain year-on-year growth driven by rising interest rates and remittance inflows. According to data from the central bank, total deposits reached a staggering Tk16.61 lakh crore in February, reflecting year-on-year growth of 10.43%, which is lower than the 10.57% growth rate in January but significantly higher than the 6.86% growth rate in the same month last year.  Experts attribute this surge in deposits to a confluence of factors. A key driver is the recent increase in deposit rates. This makes saving more attractive, encouraging individuals and businesses to park their funds in banks. Bangladeshi expatriates sent remittances of more than $15 billion between July and February of the current fiscal year, which is 7.61% higher than the same period a year ago.

Source: https://www.tbsnews.net/economy/banking/bank-deposits-slow-feb-yet-stay-higher-yoy-1043-828886

Unimart offers special benefits to EBL cardholders

Eastern Bank cardholders will enjoy special benefits at Unimart Limited, one of the premium super shops of Bangladesh. M. Khorshed Anowar, deputy managing director and head of retail and SME banking, EBL, and Shahin Mahmud, chief operating officer, Unimart Ltd, signed a deal to this effect in the capital recently. Farzana Qader, senior manager, retail alliance of EBL, and H U M Mehedi Sajjad, head of brand and communication of Unimart Limited, were present among others.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/unimart-offers-special-benefits-to-ebl-cardholders-1713285967

Mr. Shamim Uddin Ahmed new DMD of Agrani Bank

Mr. Shamim Uddin Ahmed has been promoted to Deputy Managing Director of Agrani Bank PLC as per a notification dated April 9 of the finance ministry’s Financial Institutions Division. Prior to the promotion, he served as general manager of the bank. Mr Ahmed started his career as a banker by joining Agrani Bank as a senior officer in 1993. He has served as head of various branches and corporate branches of Agrani Bank. He completed his Bachelor’s degree and Master’s degree in statistics from Jahangirnagar University. Later, he obtained his MBA from Dhaka University. He has participated in seminars and workshops on banking at home and abroad.

Source: https://today.thefinancialexpress.com.bd/trade-market/shamim-new-dmd-of-agrani-bank-1713288809

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 37,798.97
↑ 63.86↑ 0.17 %/span>
FTSE100$ 7,820.36↓ 145.17 ↓ 1.82 %
Nikkei 225$ 38,376.29↓ 94.91↓ 0.25 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 84.77↓ 0.59↓ 0.69 %
Crude Oil (Brent)$ 89.51 ↓ 0.51↓ 0.57 %
Gold Spot$ 2,381.81↓ 1.08↓ 0.05 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 110.0000
BDT 110.0000

*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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