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

Important Business News Extracts April 20, 2020

Prime Bank to provide support to Covid-19 affected customers

Prime Bank Limited (PBL) has committed to provide financial support to its customers, who are facing losses caused by the coronavirus outbreak. The government has already announced a financial package of around Tk 960 billion to face corona’s impact on the economy. The leading private commercial bank (PCB) has also reiterated its commitments to introduce more innovative products by the end of this calendar year for ensuring better services to its customers using modern technologies. The PBL started operation on April 17, 1995 as a PCB. Over the years, the Prime Bank has emerged as the leading private commercial bank in Bangladesh in terms of efficiency, capital adequacy, asset quality, sound management and profitability having strong liquidity, according to the bank high ups. On the other hand, the PBL Chairman Azam J Chowdhury in his statement on this occasion said Prime Bank has already made its distinctive mark in the country’s banking arena through world class products and services, consistent financial results, good governance, compliance, transparency and accountability.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/prime-bank-to-provide-support-to-covid-19-affected-customers-1587310291

No charge for Midland Bank debit card holders

Customers of Midland Bank can withdraw money using other banks’ ATMs (Automated Teller Machines) without any charges during the coronavirus-related government holidays. Besides, using the bank’s internet banking application ‘midland online’ and mobile application, customers can easily perform various tasks of daily banking from home like paying utility bills, mobile top-up and sending money from their account to any bank or bKash account with no extra charges.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/no-charge-for-midland-bank-debit-card-holders-1587310367

Union Bank appoints new MD

A. B. M. Mokammel Hoque Chowdhury has been appointed as the Managing Director of Union Bank Limited. Prior to the appointment, he had served the bank in the capacities of Additional Managing Director and Deputy Managing Director for last 5 years. Mr. Chowdhury started his banking career as a Probationary Officer in First Security Islami Bank Limited in 2001 and then joined Union Bank Limited in 2013. Mr. Chowdhury was born in Chattogram and completed MBA major in HRM.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/union-bank-appoints-new-md-1587310420

KSRM employees donated Tk 3.0 million

KSRM employees donated Tk 3.0 million from their salaries to the relief fund of Chattogram district administration to help people affected by the coronavirus. Syed Nazrul Alam, General Manager (human resource and admin), on behalf of the employees, handed over a symbolic cheque to Chattogram Deputy Commissioner.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ksrm-employees-donated-tk-30-million-1587310563

‘Minister’ making ventilators locally

Minister, a Bangladeshi electronics manufacturing company, has taken an initiative to locally manufacture ventilators amid novel coronavirus outbreak in the country. The government’s ICT Division, the Federation of Bangladesh Chambers of Commerce & Industry (FBCCI), a good number of public and private hospitals, and some biomedical engineers from BUET have been assisting Minister in making quality ventilators, a product the country badly needs for its fight against the deadly virus. FBCCI President Sheikh Fazle Fahim said that Minster Hi-Tech Park Electronics Limited has developed a prototype of ventilator which, after the permission of the Ministry of Health, the company will start its production in fullswing. “The FBCCI will purchase 10 per cent of the first production and supply them to hospitals dealing with COVID-19 patients, the health ministry and other hospitals from the next production lot, as required. Minster Hi-Tech Park Electronics Ltd is working to develop ventilator for the people of the country which is very important for the treatment of COVID-19 patients. Next week we will be producing 100 units of ventilator. After that, we will produce 500, 1000 unit and later as required. The cost of this ventilator will be between BDT Tk 75,000-85,000. We have no business purpose here but we want to serve the people of this country through the supply of ventilators.

Source: https://today.thefinancialexpress.com.bd/trade-market/minister-making-ventilators-locally-1587308606

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
↑ 704.81↑ 2.90 %
FTSE1005786.96↑ 158.53↑ 2.82 %
Nikkei 22519732.65↓ 164.61↓ 0.83 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 15.11↓ 3.16↓ 17.30 %
Crude Oil (Brent)$ 27.75↓ 0.33↓ 1.18 %
Gold Spot$ 1682.65↓ 0.17↓ 0.10 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 83.1593
GBP 1BDT 103.900
EUR 1BDT 90.3850
INR 1BDT 1.09337





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