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 08, 2020

Dhaka Bank, Ace Autos sign deal

Dhaka Bank and Ace Autos, an exclusive distributor of HAVAL in Bangladesh, recently signed an agreement. Under this agreement on Haval SUV model ranges, Dhaka Bank privilege customers, all cardholders, customers and employees can enjoy special price along with exclusive facilities at Ace Autos, said a statement. H M MostafizurRahaman, SVP & In-Charge, Retail Business Division of Dhaka Bank, and Azharul Islam, CEO of Ace Autos, signed the agreement on behalf of their respective organisations.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dhaka-bank-ace-autos-sign-deal-1604762218

Jamuna Bank gets new DMD

Mr. Noor Mohammed was appointed as the Deputy Managing Director of Jamuna Bank Limited recently. Prior to joining, Mr. Mohammed was the Senior Executive Vice President & Head of Corporate Business in United Commercial Bank Limited. Mr. Mohammed has around 22 years of experience in banking service and has held senior management positions in different capacities mainly focused on Corporate Banking, Credit Management and Branch Banking.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/jamuna-bank-gets-new-dmd-1604762594

ONE Bank signs deal with Heritage Resort

Recently ONE Bank Limited signed an agreement with Heritage Resort, said a press release. Head of Retail Banking of ONE Bank Limited Md. Kamruzzaman and Managing Director of Heritage Resort Menhazur Rahman signed the agreement on behalf of their respective organisations. Under this agreement, OBL credit, debit and prepaid card holders will enjoy 45 per cent discount on room rent and10 per cent discount on VR Game Zone round the year. High officials of both the organisations were also present on this occasion.

Source: https://today.thefinancialexpress.com.bd/trade-market/one-bank-signs-deal-with-heritage-resort-1604760973

Bank Asia donated blankets to Prime Minister’s Relief Fund for the underprivileged

As part of Corporate Social Responsibility (CSR), Bank Asia donated blankets to Prime Minister’s Relief Fund for the underprivileged people of the country. Ms. RomanaRouf Chowdhury, Director of Bank Asia, handed over a sample blanket to Dr. Ahmad Kaikaus, Prime Minister’s Principal Secretary, at a programme at Prime Minister’s Office recently.

Source: https://today.thefinancialexpress.com.bd/trade-market/as-part-of-corporate-social-responsibility-csr-bank-asia-donated-blankets-to-prime-ministers-relief-fund-for-the-underprivileged-1604760669

India’s new customs rules to take toll on Bangladesh’s exports

A new rule framed by India on determining the country of origin of a product is going to hurt Bangladesh’s exports to India and undermine the efforts to narrow large trade imbalance between the two neighbours, according to two government agencies. The views came after the Indian authority issued a notification termed Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 in August. Following the notification, the commerce ministry sought opinions from the Bangladesh Trade and Tariff Commission (BTTC) and the Export Promotion Bureau (EPB).The move would affect Bangladesh’s exports to India, which enjoyed a $4.68 billion surplus. Bangladesh exported goods worth $1.09 billion to India and imported $5.77 billion worth of goods in the fiscal year 2019-20. The trade gap might increase because of the new rules, the EPB said, calling for initiating diplomatic move and engaging the secretariat of the Saarc.

Source: https://www.thedailystar.net/business/news/indias-new-customs-rules-take-toll-bangladeshs-exports-1991225

Standard Bank gets new DMD

Standard Bank has recently welcomed its new deputy managing director (DMD) who will also serve as the chief operating officer. Mohammad Rafiqul Islam was previously the DMD of BD Finance, according to a press release. He started his career at Dhaka Bank as a probationary officer in 1997 and then went on to world at Standard Chartered and Citi Bank NA.

Source: https://www.thedailystar.net/business/news/standard-bank-gets-new-dmd-1991185

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 28,323.40
↓66.78↓ 0.24%
FTSE100$ 5,910.02↑3.84↑0.06%
Nikkei 225$ 24,325.23↑219.95↑ 0.91%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 37.14↓1.65↓4.25%
Crude Oil (Brent)$ 39.45↓1.48↓3.62%
Gold Spot$ 1,951.35↑1.69↑0.09%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8012
GBP 1BDT 110.1604
EUR 1BDT 99.4412
INR 1BDT 1.1524





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