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

Click to Close

Rate last updated: 02/01/2014 11:15:04 AM

Daily Business News Flash September 07, 2022

Bank accounts with above Tk1cr increases by 4,860 in 3 months

The number of bank customers with at least Tk1 crore in their accounts increased by 4,860 in the April-June period, despite the upward trend of inflation in the country, according to a report of the Bangladesh Bank. At the end of March this year, the number of bank accounts with crores of taka in the country was 1,03,597, which increased to 1,08,457 at the end of June – a 4.69% increase. In March 2020, when the Covid-19 pandemic hit the country, the number of accounts holding more than Tk1 crore in the banks was 82,625. According to the Bangladesh Bank data, the number of such accounts crossed one lakh in September 2021. At the end of June this year, the amount of deposits in these accounts was Tk6,80,362 crores. At the end of March, there were Tk6,63,505 crores in these accounts. At the end of December 2021, there was Tk6,53,858 crore in such accounts. Currently there are 85,848 accounts with Tk1 crore to Tk5 crore. These accounts hold more than Tk1,76,000 crore, which is 11.24% of total deposits in the banks. Besides, the number of accounts with over Tk50 crores is 1,805, which hold over Tk2,36,000 crores –15.05% of total deposits in the country’s banks.

Source: https://www.tbsnews.net/economy/banking/bank-accounts-above-tk1cr-rise-4860-3-months-491334

BB halts 360-day special repo facility

Bangladesh Bank (BB) has scrapped the 360-day special repo facility due to the improvement in the coronavirus situation and a lack of demand for the borrowing tool, reports BSS. The central bank introduced the special repo on May 13, 2020 in order to implement the stimulus packages and to ensure smooth liquidity management, as per a BB circular issued on Tuesday. A repurchase agreement, or repo, is a short-term agreement to sell securities in order to buy them back at a slightly higher price. Under the special repo, banks and financial institutions were able to borrow against additional treasury bills and bonds of statutory deposit rate with the BB.

Source: https://today.thefinancialexpress.com.bd/trade-market/bb-halts-360-day-special-repo-facility-1662483501

Dhaka Bank holds business review meeting in Chattogram

The business review meeting-2022 of Dhaka Bank Limited for Chattogram City branches was held at Radisson Blu Chattogram Bay View in Chattogram recently. Chairman of the board of directors of Dhaka Bank Abdul Hai Sarker presided over the meeting, said a press release. The meeting reviewed the budget until August 2022 and chalked out future plans and programmes for achieving the yearly target. Dhaka Bank Director Altaf Ahmed Sarker, founding vice-chairman ATM Hayatuzzaman Khan and Managing Director and CEO Emranul Huq were present on the occasion. Dhaka Bank Additional Managing Director Mohammad Abu Jafar, Deputy Managing Director AKM Shahnawaj, Chief Financial Officer Sahabub Alam Khan and Head of Retail Business HM Mostafizur Rahaman, regional manager of Chattogram, branch managers and operations managers of 11 Chattogram City branches along with four in-charge of sub-branches attended the meeting.

Source: https://today.thefinancialexpress.com.bd/trade-market/dhaka-bank-holds-business-review-meeting-in-ctg-1662483562

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 31,145.30
↓ 173.14↓ 0.55 %
FTSE100$ 7,300.44 ↑ 13.01↑ 0.18 %
Nikkei 225$ 27,362.83 ↓ 263.68 ↓ 0.95 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 85.64↓ 1.24↓ 1.43 %
Crude Oil (Brent)$ 91.75↓ 1.08↓1.16 %
Gold Spot$ 1,695.42↓ 6.72↓ 0.39 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 95.0000
GBP 1BDT 109.4115
EUR 1BDT 94.3350

*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