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 August 01, 2022

LC opening against import declines sharply by 31% in July

The banking sector will see ease in payment pressure for imports in the coming months as new LC (Letter of Credit) opening fell by 31% in July, according to provisional data of the Bangladesh Bank. In July, the total LC opening was $5.47 billion, down from $7.9 billion in June, central bank data shows. The LC opening picked up to nearly $10 billion in March amid huge business activities in the post-pandemic era creating payment pressure on banks. The dollar rate for import LC went up to Tk105 per dollar in July but bankers assumed that price will come down in the next month as LC opening of most banks almost halved in July.

Source: https://www.tbsnews.net/economy/banking/lc-opening-against-import-declines-sharply-31-july-468918

Jamuna Bank to issue Tk 500cr bond

Jamuna Bank Ltd has decided to issue a Tk 500 crore bond to strengthen its capital base. The board has decided to raise the fund through the issuance of the non-convertible coupon-bearing subordinated redeemable bond (5th phase). The capital raising is part of the tier-II revised regulatory capital framework for banks in line with Basel III through private placement.

Source: https://www.thedailystar.net/business/organisation-news/news/jamuna-bank-issue-tk-500cr-bond-3084586

Navana gets ‘Toyota Marketing Excellence Award-2021’

Navana gets ‘Toyota Marketing Excellence Award-2021’: Navana Limited has received the ‘Toyota Marketing Excellence Award-2021’. Vice Chairman (Automotive Division) of Toyota Tsusho Asia Pacific Pte. Ltd., Akio Ogawa, handed over the award to Navana Limited. Saiful Islam, SVC, Navana Group, Wahed Azizur Rahman, CEO, Navana Group, Mohammed Arfadur Rahman Bunty, CCAO, Navana Group, and Ahmed Saquib, COO, Navana Limited, were present to receive this award presented by Toyota.

Source: https://today.thefinancialexpress.com.bd/trade-market/navana-gets-toyota-marketing-excellence-award-2021-1659289966

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,845.13
↑ 315.50↑ 0.97 %
FTSE100$ 7,423.43↑ 78.18↑ 1.06 %
Nikkei 225$ 27,949.37↑ 147.73↑ 0.53 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 97.29↓ 1.33↓ 1.35 %
Crude Oil (Brent)$ 102.85↓ 1.12↓ 1.08 %
Gold Spot$ 1,761.49↓↑ 4.45↓ 0.25 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 94.7000
GBP 1BDT 115.2404
EUR 1BDT 96.8023

*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