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 September 19, 2023

Dhaka Bank, Agora sign agreement

Dhaka Bank Ltd and Agora Ltd, the first retail chain of the country, signed a payroll banking agreement. Under the deal, the retail chain’s employees will enjoy the bank’s preferential banking facilities and other products and services on preferential terms. The deal will also allow Agora’s employees to choose from a wide range of financial products from profit bearing accounts, including loan facilities at attractive rates and credit cards with lucrative offers. HM Mostafizur Rahaman, executive vice-president and head of retail business division of the bank, and Rezaul Karim, head of finance and accounts of the retail chain, signed the deal at the bank’s head office in Gulshan on Sunday. Among others, Md Mostaque Ahmed, deputy managing director and chief emerging market officer, Mosleh Saad Mahmud, executive vice-president and head of cash management unit of the bank, and Aleya Pervin Leena, head of human resources and admin of Agora, were present.

Source: https://www.thedailystar.net/business/organisation-news/news/dhaka-bank-agora-sign-agreement-3422231

Oil price rises

Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and by optimism about a recovery in demand in China. Brent crude futures rose 71 cents, or 0.8 percent, to $94.64 a barrel by 0622 GMT while US West Texas Intermediate crude futures were at $91.55 a barrel, up 78 cents, or 0.9 percent. Brent and WTI have climbed for three consecutive weeks to touch their highest levels since November and are on track for their biggest quarterly increase since Russia’s invasion of Ukraine in the first quarter of 2022.

Source: https://www.thedailystar.net/business/global-economy/news/oil-price-rises-3422106

 National Life Insurance gets new DMD

National Life Insurance Company Ltd has promoted an assistant managing director (AMD) to the post of deputy managing director (DMD). The promotee, Probir Chandra Das, was also the chief financial officer (CFO) of the company. Mr. Das joined the insurer as CFO in 2015. He started his career in life insurance sector by joining Sandhani Life Insurance. He is a fellow of the Institute of Chartered Accountants of Bangladesh.

Source: https://www.thedailystar.net/business/organisation-news/news/national-life-ins-gets-new-dmd-3422251

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,624.30
↑ 6.06↑ 0.02 %
FTSE100$ 7,652.94↓ 58.44↓ 0.76 %
Nikkei 225$ 33,217.23↓ 315.86↓ 0.94 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 92.51 ↑ 1.03 ↑ 1.13 %
Crude Oil (Brent)$ 95.07 ↑ 0.64↑ 0.68 %
Gold Spot$ 1,932.09↓ 1.75↓ 0.09 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 110.0000
BDT 110.0000

*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