$

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

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Daily Business News Flash July 05, 2022

Digital banking is the ‘quintessence of Dhaka Bank’- Chairman Mr. Abdul Hai Sarker

Dhaka Bank Limited wants to attract new customers through providing world-class services using the latest technologies. “We’re committed to provide time-bound services to our valued customers,” Abdul Hai Sarker, chairman of Dhaka Bank, told the Financial Express (FE) recently ahead of the bank’s 27th anniversary. The second generation private commercial bank (PCB) started its journey on July 05, 1995 with a slogan ‘Excellence in Banking.’ The chairman also said: “Our board devoted its time and energy to provide suitable guidance and direction to the management to ensure uninterrupted service to our customers while being fully compliant with regulatory advices.” As part of the moves, Dhaka Bank has already introduced mobile banking apps ‘DBL Go,’ Internet Banking, Bills to Cash, Trade Cloud, Ezy Bank and many other tech based services for its customers. The amount of classified loans in Bangladesh’s banking system increased by 9.85 per cent to Tk 1,134.41 billion during the January-March period of 2022, from Tk 1,032.74 billion in the preceding quarter (Q4 of 2021), according to the central bank’s latest statistics.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/digital-banking-is-the-quintessence-of-dhaka-bank-says-its-chairman-1656953218

IFC, BRAC Bank to issue first housing bond

The International Finance Corporation (IFC) joined hands with BRAC Bank Limited to issue housing bond worth US$50 million for the first time in the country to help provide affordable housing loans to low- and middle-income urban and rural families. The IFC will make a subscription of up to $50 million-equivalent Bangladeshi Taka (BDT) denominated, five-year senior bond of BRAC Bank to fund and expand its affordable housing finance programme. Home mortgages only account for three per cent of the loan market in Bangladesh, below the average of 4.9 per cent in South Asia and 8.9 per cent in the emerging markets. The project was supported by the Joint Capital Markets Programme (J-CAP), an initiative of the World Bank Group to develop debt capital markets. The IFC’s work upstream with J-CAP efforts involved supporting BRAC Bank in structuring and laying the groundwork for the first-ever housing finance bond in Bangladesh.

Source: https://today.thefinancialexpress.com.bd/first-page/ifc-brac-bank-to-issue-first-housing-bond-1656957026

UCB opened 218th branch at Muksudpur

The United Commercial Bank Limited (UCB) opened its 218th branch at Muksudpur, Gopalganj on Monday. Managing Director & CEO of the bank Arif Quadri inaugurated the branch as the chief guest. Deputy Managing Director Mohammed Khorshed Alam and Deputy Managing Director & Company Secretary ATM Tahmiduzzaman were present at the event.

Source: https://today.thefinancialexpress.com.bd/trade-market/ucb-opened-218th-branch-at-muksudpur-1656951108

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 31,097.26
↑ 321.83↑ 1.05 %
FTSE100$ 7,232.65↑ 64.00↑ 0.89 %
Nikkei 225$ 26,332.87↑ 179.06↑ 0.68 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 110.12↑ 1.69↑ 1.56 %
Crude Oil (Brent)$ 113.41↓ 0.09↓ 0.08 %
Gold Spot$ 1,810.58↓ 5.96↓ 0.33 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 93.4500
GBP 1BDT 113.0558
EUR 1BDT 97.4684

*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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