Banking hour 10am-1:30pm from today
People will be able to do banking activities from 10am to 1:30pm from today after a five-day shutdown. The Bangladesh Bank asked banks on July 13 to carry out the limited banking activities every working day in keeping up with the ongoing restrictions on movement declared by the government to contain the coronavirus pandemic. Banks have been remained closed between July 20 and July 24 due to the weekends and holidays of Eid-ul-Azha. Employees of banks will have to complete their relevant tasks within 3 pm, according to a Bangladesh Bank notice.
BRAC Bank gets new homegrown DMD
BRAC Bank Limited has promoted Syed Abdul Momen, Head of SME Banking Division, as the Deputy Managing Director of the bank. Momen joined BRAC Bank in 2005 and worked in its Technology Division for two years before moving to BRAC Afghanistan Bank on a two-year secondment where he served as Head of Operations and later became the Chief Operations Officer. Upon returning to BRAC Bank in 2009, he joined the SME Banking Division as Head of SME Collection Project. In July 2010, he started leading the Small Business segment of the SME Banking Division as Head of Small Business after successful completion of the project. Subsequently, in 2017, he was given the responsibility of the entire SME Banking Division. Momen started his banking career in 1999 with the then ANZ Grindlays Bank which was later acquired by Standard Chartered Bank in 2000. Momen obtained his B.Sc. with distinction in Computer Communications and IT from Middlesex University, London.
LafargeHolcim unveils new look of its premium cement brand
LafargeHolcim Bangladesh Limited (LHBL) has unveiled new look of its premium cement brand ‘Holcim Strong Structure’ which is now available in all the markets. Rajesh Surana, CEO of LHBL unveiled the new design of the cement bag through a virtual programme recently. Holcim Strong Structure is the most popular cement in the premium quality segment. The Professionals recommends individual house builders to use the cement for its premium quality.
Local and Global Stock Indices *
|Index Name||Close Value||Value Change||Percentage Change|
|↑ 238.20||↑ 0.68 %|
|FTSE100||$ 7,027.58||↑ 59.28||↑ 0.85 %|
|Nikkei 225||$ 27,548.00||↑ 159.84||↑ 0.58 %|
World Commodities *
|Commodity||Close Value||Value Change||Percentage Change|
|Crude Oil (WTI)||$ 72.07||↑ 0.16||↑ 0.22 %|
|Crude Oil (Brent)||$ 74.10||↑ 0.31||↑ 0.42 %|
|Gold Spot||$ 1,802.14||↓ 4.78||↓ 0.26 %|
Major Currencies Exchange Rates Movement in Last Seven Days *
|USD 1||BDT 84.8010|
|GBP 1||BDT 116.8219|
|EUR 1||BDT 100.1415|
*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<