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 21, 2022

Call money rate rises to 5.03%

The rising trend in interbank call money rate continues as the country’s banks on Monday borrowed from each other at an overnight rate of 5.03%, equaling the previous peak recorded on 16 June 2020. The call money rate was stable at 5.02% in the previous five days, according to the Bangladesh Bank. The overnight call money rate is the rate at which banks lend funds to each other at the end of the day in the overnight market. Industry insiders have said if the supply of money does not increase, the cash shortage may exacerbate ahead of Eid-ul-Azha. Speaking with treasury heads of several private banks, The Business Standard has learned that a lot of money has gone to the Bangladesh Bank from the banking channel because of buying US dollars from the central bank. As a result, banks are left with reduced liquidity.

Source: https://www.tbsnews.net/economy/banking/call-money-rate-rises-503-443578

City Bank bond makes trading debut

Trading of City Bank Perpetual Bond yesterday began at the Dhaka Stock Exchange (DSE) under settlement category “N”. Sheikh Mohammad Maroof, acting managing director of City Bank, and Mohammad Mahbubur Rahman, additional managing director, rang the bell to inaugurate the trading at the DSE Tower in Motijheel, Dhaka. The DSE trading code for City Bank Perpetual Bond is “CBLPBOND” while the scrip code is 26011, it added. Having gotten approval from Bangladesh Bank and the Bangladesh Securities and Exchange Commission on August 19, 2020 and December 9, 2020 respectively, the bank completed the successful subscription of Tk 4 billion on March 7, 2021 through private placement.

Source: https://www.thedailystar.net/business/economy/banks/news/city-bank-bond-makes-trading-debut-3052386

Midland Bank celebrated 9th anniversary

Midland Bank Limited (MDB), a 4th generation private commercial bank, celebrated its 9th anniversary on Monday. On the occasion, the bank held a ‘doa’ session in its Board Room at Gulshan-2 in Dhaka. Kazi Raihan Zafar, director of the bank, along with Md Ahsan-uz Zaman, Managing Director & CEO, Md Zahid Hossain, DMD, and the senior management members joined the event.

Source: https://today.thefinancialexpress.com.bd/trade-market/midland-bank-celebrated-9th-anniversary-1655746985

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 29,888.78
↓ 38.29↓ 0.13 %
FTSE100$ 7,121.81↑ 105.56↑ 1.50 %
Nikkei 225$ 26,305.23↑ 534.01↑ 2.07 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 112.01↑ 2.45↑ 2.24 %
Crude Oil (Brent)$ 115.20↑ 1.07↑ 0.94 %
Gold Spot$ 1,839.95↑ 1.21↑ 0.07 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 92.8000
GBP 1BDT 113.4666
EUR 1BDT 97.4586

*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