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 June 16, 2022

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market, which will be the second largest initial public offering (IPO) in the banking sector. Among all sectors, Global Islami Bank’s IPO is going to be the fifth largest IPO after Robi Axiata (Tk 5.23 billion), Grameenphone (Tk 4.86 billion), MJL Bangladesh (Tk 4.60 billion) and Union Bank (Tk 4.28 billion). The private sector lender will utilize the IPO proceeds for investing in small and medium enterprises (SMEs), buying government securities, investing in listed companies and meeting the IPO expenses. According to the financial statement until September 30, 2021, the bank’s net asset value (NAV) per share (without revaluation) was Tk 14.42 and earnings per share (EPS) of 1.91 while the weighted average EPS for the last five years stood at Tk 1.08. The commission gave a waiver the private commercial bank of the section 6/(1) of public issue rules-2015 and allowed 25 per cent IPO share reserve for non-resident Bangladeshi as per instruction of Bangladesh Bank and parliamentary standing committee on the Ministry of Expatriates’ Welfare & Overseas Employment, upon application of Global Islami Bank.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/bsec-allows-global-islami-bank-to-raise-tk-425b-through-ipo-1655314189

Indonesia shares JV investment proposals of $1.3B in Bangladesh’s energy sector

Indonesia has shared some new proposals of large joint-venture (JV) investment, approximately to the tune of $1.3 billion, in the energy sector of Bangladesh. If materialised, this would add significant economic substance to the bilateral relations with Bangladesh and help strengthen it further.

Source: https://www.tbsnews.net/bangladesh/energy/indonesia-shares-jv-investment-proposals-13b-bangladeshs-energy-sector-440322

BRAC Bank offers benefits for BracU students

Brac Bank has signed a partnership agreement with Brac University to provide preferential benefits of Agami, a complete range of student banking services, on the university campus in Dhaka on June 9. This agreement will enable Brac University students to enjoy several benefits of the Agami proposition, including financing for their educational expenses with an Agami personal loan, an Agami savers account, a convenient student file service, and study abroad CC for the purpose of overseas studies.

Source: https://www.newagebd.net/article/173405/brac-bank-offers-benefits-for-bracu-students

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 30,668.53
↑ 303.70↑ 1.00 %
FTSE100$ 7,273.41↑ 85.95↑ 1.20 %
Nikkei 225$ 26,628.90↑ 302.74↑ 1.15 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 116.28↑ 0.97 ↑ 0.84 %
Crude Oil (Brent)$ 119.21↑ 0.70↑ 0.59 %
Gold Spot$ 1,832.14↓ 1.68↓ 0.09 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 92.8000
GBP 1BDT 111.3322
EUR 1BDT 96.6790

*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