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, 2023

Oil prices climb on expectations of lower OPEC+ exports in August

Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates. Brent crude climbed 75 cents to $85.55 a barrel by 0301 GMT, while US West Texas Intermediate crude was at $82.05 a barrel, up 80 cents. The September WTI contract expires on Tuesday and the more active October contract gained 73 cents to $81.39 a barrel. The world’s top crude importer is drawing on record inventories amassed earlier this year as Chinese refiners scale back purchases after supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, drove global prices above $80 a barrel.

Source: https://www.thedailystar.net/business/global-economy/news/oil-prices-climb-expectations-lower-opec-exports-august-3399451

Dhaka Bank Provides Agri Inputs for Farmers

Dhaka Bank Limited distributed improved seeds, fertilisers and pesticides among 500 marginal farmers in Shailkupa upazila of Jhenaidah district recently as part of Corporate Social Responsibility (CSR) programme. Razia Akhter Chowdhury, UNO of Shailkupa upazila, was present as the chief guest while Emranul Huq, Managing Director and CEO of Dhaka Bank, and Mohammad Hedayet Ullah, Managing Director of Syngenta Bangladesh Limited, were present as special guests.

Source: https://today.thefinancialexpress.com.bd/trade-market/dhaka-bank-provides-agri-inputs-for-farmers-1692638441

Abdus Samad Labu elected chairman of Al-Arafah Islami Bank

Abdus Samad Labu has been elected as the chairman of Al-Arafah Islami Bank Limited (AIBL) unanimously at the 390th meeting of the board on Sunday. Mr Samad is one of the founding directors of AIBL. He is a renowned name in the country’s business arena and manages various business enterprises in different capacities. He serves as the vice chairman of S Alam Group, one of the largest industrial groups in Bangladesh. Besides, he holds the position of chairman at S Alam Cold Rolled Steels Ltd and vice chairman at Ekushey Television (ETV), a leading satellite TV channel in the country. Salim Rahman previously served as a director at another private bank for 15 years before joining as a director at Al-Arafah Islami Bank Limited. He earned his Master’s in Business Administration from the USA.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/abdus-samad-labu-elected-chairman-of-al-arafah-islami-bank-1692639535

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,463.69
↓ 36.97↓ 0.11 %
FTSE100$ 7,257.82↓ 4.61 ↓ 0.06 %
Nikkei 225$ 31,803.42↑ 237.78↑ 0.75 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 80.73↑ 0.01 ↑ 0.01 %
Crude Oil (Brent)$ 84.37↓ 0.09↓ 0.11 %
Gold Spot$ 1,896.10↑ 1.17↑ 0.06 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 109.5000
BDT 109.5000

*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