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 22, 2022

ADB signs deal with five global insurers

The Asian Development Bank (ADB) has signed an agreement with five leading global insurers which will mobilise up to US$1 billion of cofinancing capacity to support lending to Financial Institutions (FIs) in Asia and the Pacific. The highly rated insurers participating in the programmeme will cover the risk of nonpayment on a portion of ADB’s loans to the financial institutions. This will allow ADB to transfer credit risk from its portfolio to insurers’ balance sheets, freeing up ADB’s capital, managing its exposures and increasing its lending capacity.The programme streamlines the underwriting and approval process for risk transfers and will allow ADB to more efficiently mobilise cofinancing capacity. ADB’s loans to the financial sector have included support for operational priorities such as micro, small, and medium-sized enterprises, gender equality, and efforts to address climate change.

Source: https://today.thefinancialexpress.com.bd/trade-market/adb-signs-deal-with-five-global-insurers-1661104551

DSEX gains 111 points in four trading sessions

The benchmark index of the Dhaka Stock Exchange (DSE) advanced for the fourth consecutive session on Sunday, thanks to the growing confidence of investors backed by the government’s announcement to adjust fuel prices according to the global markets. Investors breathed a sigh of relief also because of the Bangladesh Bank’s efforts to stabilise dollar prices, said a top official of a brokerage firm. DSEX surged 111 points in the last four trading sessions and reached 6,259 on Sunday.Also, at the Chittagong Stock Exchange, the all share price index Caspi advanced 20 points to reach 18,390.Meanwhile, the Dhaka bourse observed a slight decrease in participation as the total turnover declined by 8.8% to Tk1,060 crore on Sunday from Tk1,160 crore in the previous session.

Source: https://www.tbsnews.net/economy/stocks/dsex-gains-111-points-four-trading-sessions-481390

Mr. Ziaul Hasan re-appointed Sonali Bank chairman

Mr. Ziaul Hasan Siddiqui has been re-appointed chairman of Sonali Bank for next three years. Financial Institutions Department under the Ministry of Finance issued a notification to this effect on Sunday. Mr. Siddiqui first became the chairman of the country’s largest state-owned commercial bank -Sonali Bank Limited-in 2019. Earlier, he was deputy governor of Bangladesh Bank from 2006 to 2011.

Source: https://today.thefinancialexpress.com.bd/last-page/ziaul-hasan-re-appointed-sonali-bank-chairman-1661106969

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,706.74
↓292.30↓ 0.86 %
FTSE100$ 7,550.37↑8.52↑0.11%
Nikkei 225$ 28,774.93↓155.40↓0.54%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 89.63 ↓1.14↓1.26 %
Crude Oil (Brent)$ 95.53 ↓1.19↓1.23 %
Gold Spot$ 1,746.09↓0.97↓0.06%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 95.0000
GBP 1BDT 112.3945
EUR 1BDT 95.3610

*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