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 November 01, 2022

Suspicious transactions increased by 62.32pc in FY22, says BFIU

The suspicious transaction reports (STR) and suspicious activity reports (SAR) have increased by 62.32 per cent in the fiscal year 2021-22, compared to that of the previous fiscal year. According to a report of Bangladesh Financial Intelligent Unit (BFIU), a concern of Bangladesh bank, at reports of 8,571 STR and SAR were received in the outgoing fiscal year. The number of such reports was 5,280 in the fiscal year 2020-21. In a fiscal year, STR has increased by 3291 or 62.32 per cent, according to UNB. Earlier in FY20, there were 3,675 suspicious transaction and activity reports; in FY19 such transactions were 3.573, the BFIU’s latest annual report said. BFIU presented the report’s details during a press conference at Bangladesh Bank on Monday. The central bank’s Executive Director and BFIU head Masud Biswas shared the information with the media.

Source: https://thefinancialexpress.com.bd/economy/suspicious-transactions-increased-by-6232pc-in-fy22-says-bfiu-1667214991

Romana elected as Bank Asia Securities chair

Romana Rouf Chowdhury has been elected chairman of Bank Asia Securities at the 51st meeting of its Board of Directors. Chowdhury is one of the directors of Bank Asia, said a press release. She is also the managing director of Sea Natural Food, Sea Fishers and Sea Resources Group. She is a director of various sister concerns of Rangs Group as well. Chowdhury has more than 25 years’ experience as an industrialist and founded multiple ventures in different fields, such as food, retail and architecture. She completed her graduation from Brac University and attained an MBA from the Florida Institute of Technology in the US. She has also completed executive education from Harvard Business School and Columbia Business School. 

Source: https://www.thedailystar.net/business/economy/news/romana-elected-bank-asia-securities-chair-3157406

IMF briefed about $1.76b budget support target from donors

The finance ministry has informed the International Monetary Fund (IMF) about a $1.76 billion budget support target from various development partners this fiscal year amid a US Dollar crunch. At a meeting with a Dhaka visiting IMF team, the Finance Division on Thursday informed the Washington-headquartered financial institution that the import bills for capital machinery, equipment and energy will increase more this year compared to the previous fiscal. The IMF delegation was also briefed about the government’s various belt-tightening measures aimed at reducing the macroeconomic risks, revenue boosting plan and priorities in government spending. The finance ministry told the IMF that the Bangladesh Customs has taken an initiative to sign the Customs Mutual Administrative Assistance Agreement (CMAAA) with the major trade partners. The agreement will help in exchanging information related to transfer pricing, under and over invoicing, narcotics and money laundering related issues. After the meeting with Finance Division officials, the IMF delegation also met with the finance minister. An official present at that meeting told The Business Standard that the IMF has mentioned that the overall economic situation of Bangladesh is satisfactory. However, in the ongoing global context, the organisation advised to be more cautious in the coming days.

Source: https://www.tbsnews.net/economy/imf-briefed-about-176b-budget-support-target-donors-462710

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,732.95
↓ 128.85 ↓ 0.39%
FTSE100$ 7,094.53↑ 46.86↑ 0.66%
Nikkei 225$27,638.48↑ 51.02↑ 0.18%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$87.06 ↑ 0.53↑ 0.61%
Crude Oil (Brent)$94.83 ↓ 0.94↓ 0.98%
Gold Spot$1,638.02↑ 4.46↑ 0.27%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 103.1000
BDT 104.3489

*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