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 27, 2022

Post-import financing made easier

Bangladesh Bank yesterday revised its policy for post-import financing (PIF) to ease the process for importers to get finance smoothly. As per the previous guidelines on PIF released in June last year, Bangladesh Bank mentioned two sectors — essential commodities and industrial raw materials — where banks could finance importers. In the latest guidelines, the central bank asked lenders in the country to finance to two more sectors, which are trading and agricultural items, alongside the previous two. Similarly, businesses which import agricultural products such as fertiliser, seed and pesticide will be allowed to repay their loans within six months. The central bank also instructed banks not to facilitate PIF to borrowers who face overdue debt Lenders, however, will provide PIF to importers who are unable to repay their loans due to any unexpected adversity.

Source: https://www.thedailystar.net/business/organisation-news/news/post-import-financing-made-easier-3013311

EBL arranges Tk 12b syndication loan facility for Banglalink

Eastern Bank Limited (EBL) as the mandated lead arranger has raised BDT 12 billion in the form of Syndicated Term Loan Facility for Banglalink Digital Communications Limited, one of the leading telecom operators in Bangladesh. A total of 17 banks participated in the landmark syndication. The loan facility will be utilized by Banglalink for meeting up its capital expenditure, spectrum acquisition and 4G network modernizations. The other participating banks are: Brac Bank Limited, Bank Asia Limited, The City Bank Limited, Commercial Bank of Ceylon PLC, Dhaka Bank Ltd., Dutch Bangla Bank Limited, Habib Bank Limited, Jamuna Bank Limited, Meghna Bank Limited, NCC Bank Limited, Mutual Trust Bank Limited, ONE Bank Limited, Prime Bank Limited, Trust Bank Limited, Mercantile Bank Limited, United Commercial Bank Limited.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ebl-arranges-tk-12b-syndication-loan-facility-for-banglalink-1650991190

New AMD of NCC Bank

Khondoker Nayeemul Kabir has recently been promoted to the post of Additional Managing Director (AMD) of NCC Bank Ltd. Prior to the promotion, he was serving as DMD leading corporate business and many important divisions. He has played vital role in setting up and implementing strategic plan of the Bank as well as entrusted with the responsibilities as head of various important committees and held the position of CAMLCO. Mr. Kabir is a senior banker with over 38 years of vast experiences at Midland Bank, Al-Arafah Islami Bank, National Bank Limited and EXIM Bank Ltd.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/new-amd-of-ncc-bank-1650991295

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,240.18
↓ 809.28↓ 2.38 %
FTSE100$ 7,386.19↑ 5.65↑ 0.08 %
Nikkei 225$ 26,198.79↓ 501.32↓ 1.88 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 101.90↑ 0.20↑ 0.20 %
Crude Oil (Brent)$ 105.36↑ 0.37↑ 0.35 %
Gold Spot$ 1,898.37↓ 7.14↓ 0.37 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.2000
GBP 1BDT 110.6894
EUR 1BDT 93.0615

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

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




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.

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.

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.

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.

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