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 January 16, 2024

Internet banking sees 5% growth in Nov as card, MFS transactions drop

Transactions through Internet banking increased 5% in November 2023 compared to the previous month. While internet banking witnessed a boom, mobile banking, credit cards, and debit cards experienced a slight decline. Bangladesh Bank data showed that in November last year, the transactions through Internet banking were Tk82,866 crore, which is a 5.07% rise compared to the previous month. However, Internet banking registered a 200% year-on-year growth in November. In November 2022, the transaction was Tk27,426 crore. Mobile financial services (MFS) transactions dropped by 1% to Tk119,600 crore, and card transactions (including ATM, POS, CRM, and e-commerce) saw a similar 1% dip to Tk42,638 crore from the previous month. In November 2023, foreign currency transactions through banks’ cards were Tk798 crore, a decrease of about Tk14 crore compared to the previous month. However, in November 2022, foreign currency transactions through the card were Tk572 crore.

Source: https://www.tbsnews.net/economy/banking/internet-banking-sees-5-growth-nov-card-mfs-transactions-drop-775598

Dollar bond rates hiked 2% to attract investment

For investments up to $100,000 in three different terms, the finance minister has increased the interest rates for the US Dollar Premium Bond and US Dollar Investment Bond by up to 2% and 1.5%, respectively. Banking sector insiders and economists say the initiative aims to boost the inflow of dollars into the country by attracting investments from the Bangladeshi diaspora and foreign citizens of Bangladeshi origin. According to a notification issued on Sunday by the Internal Resources Division under the finance ministry, for the premium bond, the rates have risen to 6.50% for the 1-year term, 7% for the two-year term, and 7.50% for the three-year term. For the investment bond, the rate for the 1-year term has been increased to 5.50%, followed by a 6% rate for the two-year term and a 6.50% rate for the three-year term.

Source: https://www.tbsnews.net/economy/banking/foreign-currency-bond-rates-increased-2-boost-dollar-inflow-774846

Maize cultivation increases in Jamalpur

Maize cultivation has been increasing gradually in the district due to its excellent economic return in recent years. Farmers have brought extensive land under the maize cultivation here this year which also exceeded the cultivation target. Department of Agricultural Extension (DAE) office sources said farmers have cultivated maize on 20,268 hectares of land this year which is 2,268 hectares more than the last year’s cultivation target. As a result, farmers are expecting 2,17,070 tonnes maize this year. Deputy Director of the DAE Zakia Sultana said we are encouraging farmers to cultivate maize through various incentive programmes implemented by the government.

Source: https://today.thefinancialexpress.com.bd/country/maize-cultivation-increases-in-jamalpur-1705338084

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 37,592.98
↓ 118.04↓ 0.31 %
FTSE100$ 7,594.91↓ 30.02↓ 0.39 %
Nikkei 225$ 35,681.96↓ 219.83↓ 0.61 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 72.53↓ 0.15↓ 0.21 %
Crude Oil (Brent)$ 78.28↑ 0.13↑ 0.17 %
Gold Spot$ 2,049.33↓ 7.22↓ 0.35 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 110.0000
BDT 110.0000

*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