$

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 December 12, 2023

ADB gives $400 million to support climate priorities in Bangladesh

The Asian Development Bank (ADB) will give Bangladesh a $400 million policy-based loan to support implementation of the nation’s National Adaptation Plan, 2023-2050 and Nationally Determined Contributions 2021 Update to the Paris Agreement to achieve a climate-resilient inclusive development. Bangladesh is one of the world’s most vulnerable countries to the adverse impacts of climate change, recording an annual average loss of about $3 billion. The programme will create an enabling institutional and policy environment to mobilize climate finance, prioritise climate actions in the country’s overall development agenda.

Source: https://www.thedailystar.net/business/news/adb-gives-400-million-support-climate-priorities-bangladesh-3491911

Nagad becomes top VAT payer in service category

Nagad has been honoured by the National Board of Revenue (NBR) with the “Highest VAT Payer Award” at the national level in the service category for the second consecutive year for the fiscal year 2021-22. Currently, Nagad has a base of over 8.5 crore customers. It has revolutionised the disbursements of social safety net allowances, education stipends, and even distributed cash aid to underprivileged families during the Covid-19 pandemic. As in previous years, the revenue board honoured the top nine VAT-paying companies at the national level for FY22 in three categories — production, service and business.

Source: https://www.thedailystar.net/business/organisation-news/news/nagad-becomes-top-vat-payer-service-category-3491941

 Mr. Arequl Arefeen promoted as DMD of Bank Asia

The Board of Directors of Bank Asia Limited has promoted Mr. Arequl Arefeen to the position of Deputy Managing Director (DMD. Mr. Arefeen joined Bank Asia in the year 2003. Later on, he has been taken charges as the Head of Treasury of the bank. He contributed substantially to establish the bank’s treasury at a leading position in the industry. Mr. Arefeen, who is currently serving as the Head of Group Treasury, has extensive experience in banking sector with particular expertise in treasury management, liquidity management, market risk management, asset-liability management, foreign exchange dealing, financial products and derivatives, trade finance and investment portfolios. Prior to joining Bank Asia, he started his professional career in 1995 in IFIC Bank Limited where he covered branch banking, particularly foreign trade. He also served in NCC Bank Limited as a money market and forex dealer.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/arequl-arefeen-promoted-as-dmd-of-bank-asia-1702316180

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 36,404.93
↑ 157.06↑ 0.43 %
FTSE100$ 7,544.89↓ 9.58↓ 0.13 %
Nikkei 225$ 32,867.63↑ 75.83↑ 0.23 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 71.68↑ 0.36↑ 0.50 %
Crude Oil (Brent)$ 76.35↑ 0.32↑ 0.42 %
Gold Spot$ 1,985.52↑ 3.57↑ 0.18 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 110.2500
BDT 110.2500

*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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