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 26, 2022

Bangladesh-China bilateral trade crosses $25b

Chinese ambassador Li Jiming informed that bilateral trade between Bangladesh and China exceeded US$25 billion.Terming the economic cooperation between the two countries ‘most eye-catching’ Mr Li also informed that China has granted 98 per cent duty-free treatment to help boost Bangladesh`s export to the East Asian country.He said these while addressing a function organised to mark the 73rd Anniversary of the Founding of the People’s Republic of China held at the Bangabandhu Bangladesh-China Friendship Exhibition Center on Saturday.The ambassador said that China has arranged six chartered flights to take back the Bangladeshi students who are stranded in Dhaka during the pandemic.The first of these flights will take off the day Monday.He said the embassy had restarted visa issuance, and it will charter six flights for them.About the Chinese projects in Bangladesh he said, major projects funded or constructed by China have been completed, including the Payra Power Plant and the Dasherkandi Sewage Treatment Plant, both the largest of their kind across the whole region.

Source: https://thefinancialexpress.com.bd/economy/bangladesh-china-bilateral-trade-crosses-25b-1664107436

Transactions thru cards for int’l payment keep rising

Foreign currency transactions through cards maintained an upward trend in July, surging 274 per cent year-on-year at a time when the country is trying to stop the depletion of its forex reserves. Cardholders spent an all-time high of Tk 442 crore in July, up from Tk 118 crore a year ago, shows data from Bangladesh Bank.Bankers say the high number of card transactions in foreign currency has created further stress on the forex reserves, which fell 20.44 per cent year-on-year to stand at $36.85 billion on September 21.While both the government and Bangladesh Bank have been discouraging their officials from travelling abroad unnecessarily in recent months, the upper and higher-middle income groups frequently visit other countries, said a central bank official.

Source: https://www.thedailystar.net/business/economy/news/transactions-thru-cards-intl-payment-keep-rising-3128221

Investment in sustainable finance grows 87% YoY

According to a central bank report, the banking sector is one of the major sources of financing industrial projects such as steel, paper, cement, chemicals, fertilisers, power, textiles, etc., which cause maximum carbon emission. Financing to the sustainable finance sector as of the end of June this year stood at Tk31,622 crore, which is 87.20% year-on-year increase in investment, according to the Bangladesh Bank data.At the end of June, financing in this sector increased to 12% of the country’s total loan disbursement against the central bank’s target of 20%. However, in June last year, financing in this sector was only 6.48% of the total loans.According to a central bank report, the banking sector is one of the major sources of financing industrial projects such as steel, paper, cement, chemicals, fertilisers, power, textiles, etc., which cause maximum carbon emission. Therefore, the banking sector can play an intermediary role between economic and social development, and environmental protection, for promoting environmentally sustainable and socially responsible investment.

Source: https://www.tbsnews.net/economy/investment-sustainable-finance-grows-87-yoy-503158

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
FTSE100$7,018.60↓140.92↓ 1.97%
Nikkei 225$26,451.02↓702.81↓2.59%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$78.32 ↓0.42↓0.53%
Crude Oil (Brent)$85.68 ↓0.47↓0.55%
Gold Spot$1,636.44 ↓7.50↓0.46%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 103.2500

*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