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 March 15, 2021

BB policy support for exporters extended

Bangladesh Bank yesterday extended the deadline for export proceeds repatriation in its bid to help entrepreneurs withstand the fallout of the coronavirus pandemic that continues to keep shipments in the negative. Export receipts declined 1.45 per cent year-on-year to $25.86 billion in the July-February period of the current fiscal year as the surge in coronavirus infections continues to ravage demand. The repayment period for the back-to-back letters of credit opened under suppliers’ and buyers’ credit was earlier extended to one year from six months. This means importers can pay back the loans within a year against imported goods. The support, set to expire this month, has been extended until June. Buyers’ credit refers to the finance for the payment of imports arranged by the importer (buyer) from a financial institution outside of the country. The suppliers’ credit is the credit extended for imports directly by the overseas supplier instead of a bank or financial institution. The BB allowed exporters to receive finance from the EDF to adjust their loans under the suppliers’ and buyers’ credits. The support will continue until June as well. The export sector has rebounded in recent days, but the spread of infections has again created a barrier to keeping the momentum up.

Source: https://www.thedailystar.net/business/news/bb-policy-support-exporters-extended-2060785

Tk 1,000 insurance policy for RMG workers proposed

Speakers at a programme in the city on Sunday proposed introducing an insurance policy for garment workers amounting to Tk1,000 a year under direct supervision of the government. A worker will pay Tk one a day, totaling Tk365 a year, the garment factory owner will provide the same amount and the government will give rest Tk270. The speakers made the proposal at a dialogue on policy framework for health insurance of garment workers. Health economics unit of the health ministry and Institute of Health Economics of Dhaka University jointly organised the event at BRAC Centre Inn in the city. The issue of health insurance of the workers should get priority while the transparency of the insurance companies should also be ensured.

Source: https://today.thefinancialexpress.com.bd/trade-market/tk-1000-insurance-policy-for-rmg-workers-proposed-1615739149

Meghna Bank signed agreement with Guardian Life Insurance

Meghna Bank Limited signed an agreement with Guardian Life Insurance Limited at the bank’s Head Office in the city recently. Sohail RK Hussain, Managing Director & CEO of Meghna Bank Limited, and Sheikh Rakibul Karim, Chief Executive Officer (CC) of Guardian Life Insurance, signed the agreement on behalf of their respective organisations. Under the agreement, Guardian Life will provide insurance coverage for Meghna Bank Platinum savers, Nirapod fixed deposit and Sreyoshi account holders.

Source: https://today.thefinancialexpress.com.bd/trade-market/meghna-bank-signed-agreement-with-guardian-life-insurance-1615739242

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,778.64
↑ 293.05↑ 0.90 %
FTSE100$ 6,761.47↑ 24.51 ↑ 0.36 %
Nikkei 225$ 29,737.64↑ 19.81↑ 0.07 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 66.16 ↑ 0.55↑ 0.84 %
Crude Oil (Brent)$ 69.73 ↑ 0.51↑ 0.74 %
Gold Spot$ 1,726.66↓ 0.45↓ 0.03 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8010
GBP 1BDT 118.1024
EUR 1BDT 101.3881





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