$

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 17, 2021

4 state-owned banks sign Tk 30.55b loan agreement for power plant

A synidication project loan facility agreement was signed between the Unique Meghnaghat Power Limited and four state-owned banks — Sonali Bank, Janata Bank, Agrani Bank and Rupali Bank — at a city hotel on Tuesday. Agrani Bank Limited is the lead arranger and agent bank of the syndicated loan of over Tk 30.55 billion for a 584 MW Combined Cycle Power Plant being built at Sonargaon in Narayanganj under a private scheme. The power plant project of the Unique Meghnaghat Power Limited involves a total of over Tk 40.73 billion.General Manager (credit) of Agrani Bank Abdullah Al Mamun and other general managers of the three other banks and Managing Director of Unique Meghnaghat Power Limited Chowdhury Nafis Sarafat signed the loan agreement.

Source: https://today.thefinancialexpress.com.bd/trade-market/4-state-owned-banks-sign-tk-3055b-loan-agreement-for-power-plant-1623861512

Nestle opens Tk 150cr infant formula plant

Nestle Bangladesh yesterday started processing, filling and packaging the company’s infant formula at its Tk 150 crore factory in Sreepur, Gazipur. The state-of-the-art plant with an annual production capacity of 6,000 tonnes will create around 1,000 direct and indirect jobs.At the primary stage, Lactogen 2 and Lactogen 3 will be processed there. Later, Lactogen 1 and Nano would be processed. Some 34 factories in the world have this kind of plant and Nestle Bangladesh joins this league with this plant. Industries Minister Nurul Majid Mahmud Humayun inaugurated the plant through an online programme where MdSirazul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA). Nestle Bangladesh kept its commitment of establishing the plant in the country. Bangladesh is the fastest growing economy and investing here is profitable. Around 10,000 tonnes of infant formula is sold in Bangladesh every year and Nestle holds 55 to 60 per cent of the market share with its two brands Lactogen and Nan.The company has been selling its products in Bangladesh for more than 26 years.

Source: https://www.thedailystar.net/business/news/nestle-opens-tk-150cr-infant-formula-plant-2112549

Meghna Bank launches priority banking services

Meghna Bank Limited launched ‘Meghna Priority Banking Services’ for the high-net-worth customers through a virtual event recently, says a statement. In order to focus on customers’ needs and aspirations, Meghna Bank Priority Banking Services categorised the customers into four segments — Blue Diamond, Jade, Jasper and Mass Banking. These segments are designed to meet the evolving needs of high-net-worth customers so that they can take advantage of exclusive perks and benefits.HN Ashequr Rahman MP, chairman of Meghna Bank Ltd., launched the new services. Sohail RK Hussain, Managing Director & CEO of the bank.

Source: https://today.thefinancialexpress.com.bd/trade-market/meghna-bank-launches-priority-banking-services-1623861676

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,033.67
↓265.66↓ 0.77%
FTSE100$ 7,184.95↑12.47↑0.17%
Nikkei 225$ 28,949.68 ↓341.33↓1.17 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 71.76↓0.39↓0.54%
Crude Oil (Brent)$ 73.96↓0.43↓0.58%
Gold Spot$ 1,821.69↑10.22↑0.56%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8010
GBP 1BDT 119.4592
EUR 1BDT 102.8467

*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<

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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