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 29, 2022

Abdul Hai Sarker re-elected chairman of Dhaka Bank

Mr. Abdul Hai Sarker has recently been re-elected as the Chairman of the board of directors of Dhaka Bank Limited. He is the founder of Purbani Group. Mr. Sarker is the Founder Chairman of Dhaka Bank Limited, Former Vice Chairman of Bangladesh Association of Banks (BAB), Former President of Bangladesh Textile Mills Association (BTMA), and a former Director of FBCCI. Now, Mr. Sarker is the Chairman of the Board of Trustees of Independent University Bangladesh (IUB). He accomplished his Post Graduation Degree (M. Com) from the University of Dhaka in 1970.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/abdul-hai-sarker-re-elected-chairman-of-dhaka-bank-1656432031

BB allows relaxed loan facility for NBFI clients

Borrowers of non-bank financial institutions (NBFIs) can now avail a flexible loan repayment facility similar to that being enjoyed by bank customers up till December this year, according to a Bangladesh Bank notice issued yesterday. As per the notice, borrowers of NBFIs who are struggling to repay their loans can avail the relaxed repayment facility considering the recent resurgence of the coronavirus pandemic and flooding in northern and north-eastern parts of the country.As such, borrowers will be able to avoid falling into the default loan category by repaying half of the loan payable for the April-December period. Clients will have to pay half of the payable amount every quarter during the period mentioned by the central bank.The relaxed facility will be provided to borrowers who are facing a crisis to pay back their instalments due to the pandemic.On the other hand, the NBFI-customer relationship can also be leveraged to extend the support.

Source: https://www.thedailystar.net/business/economy/news/bb-allows-relaxed-loan-facility-nbfi-clients-3059186

Oil prices rebound

Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter. After positive sessions for several leading European and Asian bourses, Wall Street stocks were in the red most of the day, and finished modestly lower.The broad-based S&P 500, which has fallen about 14 per cent since the end of the first quarter, shed 0.3 per cent on Monday.

Source: https://www.thedailystar.net/business/global-economy/news/oil-prices-rebound-3059101

17 economic zones getting ready for south-west

The government is setting up 17 economic zones in southwestern districts to bring about an industrial revolution in the largely non-industrialised region as it looks to accelerate economic growth of Bangladesh. The zones are part of the governmental goal of setting up 100 economic zones across the country, with a view to creating one crore jobs and exporting $40 billion worth of goods and services from the enclaves.The government has decided to set up an economic zone on 888 acres of land in the sadar upazila under Faridpur. Moreover, a feasibility study has already been carried out for another zone on 200 acres of land in Kotalipara of Gopalganj.

Source: https://www.thedailystar.net/business/economy/news/17-economic-zones-getting-ready-south-west-3059196

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 30,946.99
FTSE100$ 7,323.41↑65.09↑0.90%
Nikkei 225$ 26,734.16↓315.31↓1.17 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 111.13↓0.63↓0.56 %
Crude Oil (Brent)$ 116.99↓0.99↓0.84 %
Gold Spot$ 1,820.73↑0.72↑0.04%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 92.9500
GBP 1BDT 114.0218
EUR 1BDT 98.3876

*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