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 6, 2023

For corporate reporting excellence, Dhaka Bank Limited has been awarded by the ICAB

For corporate reporting excellence, Dhaka Bank Limited has been awarded by the Institute of Chartered Accountants of Bangladesh (ICAB). At a ceremony held in Dhaka recently, the bank received the award in the presence of Commerce Minister Tipu Munshi and State Minister for Planning Dr Shamsul Alam.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/for-corporate-reporting-excellence-dhaka-bank-limited-has-been-awarded-by-the-institute-of-chartered-1699200102

 Most banks’ income swells on higher interest income, return from govt securities

Most of the listed banks logged a higher profit year-on-year in the nine months through September this year, as the government’s money tightening policy led to an increase in interest income and return from Treasury bonds. Twelve of the financial institutions even secured a double-digit growth during the period, compared to the corresponding period last year, reaping benefits from the central bank’s move to tame inflation. Of the 35 banks listed on the Dhaka Stock Exchange (DSE), 22 witnessed a profit growth, 10 endured a drop in income, two saw their losses widen, and one had its income static between Jan-Sept 2022 and Jan-Sept 2023. During the period, the foreign exchange gain was not as overwhelming as it was last year for the Bangladesh Bank stopped selling dollars to private banks at cheaper rates from its foreign exchange reserves.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/most-banks-income-swells-on-higher-interest-income-return-from-govt-securities-1699199865

 Freelancers can now bring dollar earning in 5 minutes with Priyo Pay

Priyo Pay, a Bangladeshi fintech company, is set to be launched officially in November, promising to transfer foreign currency earnings to freelancers’ local bank accounts within five minutes. While transforming the financial landscape for Bangladeshi freelancers, the service will reduce the need to rely on foreign platforms to repatriate remittances against small value service exports in non-physical form such as data entry, data process, off-shore IT service, business process outsourcing. Freelancers have long faced difficulties repatriating their earnings. Now, what they will need is an account with Priyo Pay to get their dollar earnings transferred to local bank accounts in real time. The user will receive a Mastercard for making foreign payments.

Source: https://www.tbsnews.net/economy/freelancers-can-now-bring-dollar-earning-5-minutes-priyo-pay-733922

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,061.32
↑ 222.24↑ 0.66 %
FTSE100$ 7,417.73↓ 28.80↓ 0.39 %
Nikkei 225$ 32,734.24↑ 784.35↑ 2.45 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 81.00↑ 0.49 ↑ 0.61 %
Crude Oil (Brent)$ 85.29 ↑ 0.40↑ 0.47 %
Gold Spot$ 1,983.95↓ 8.70↓ 0.44 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 111.0000
BDT 111.0000

*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