$

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 May 20, 2020

RAKUB to disburse Tk 12b loans

Rajshahi Krishi Unnayan Bank (RAKUB) has set a target to disburse agricultural loan worth Tk 12 billion (Tk 1,200 crore under an incentive package loan programme in the country’s northwest zone, reports BSS. The loans will be disbursed among the targeted populations through the bank’s 383 branches in all 16 districts of Rajshahi and Rangpur divisions within June, 2021. Meanwhile, the bank authority has disbursed loan worth Tk 4.1 million (Tk 41.06 lakh) under the special incentive package loan program among ten enlisted farmers at its LPO branch premises in Rajshahi city on Sunday through maintaining social distancing and other protective measures amid the Covid-19 pandemic.

Source: https://today.thefinancialexpress.com.bd/trade-market/rakub-to-disburse-tk-12b-loans-1589903989

RSS Thread & Accessories to invest $6.0m at IEPZ

To sustain the economic drive, M/s RSS Thread and Accessories Limited is going to establish a garment accessories industry with an investment of US $6.0 million at Ishwardi Export Processing Zone (EPZ), reports BSS. This cent percent Bangladeshi owned company will produce annually 100.2 million pieces of RFID and Adhesive Label, Paper Tag or Card, Corrugated Carton, 33 million yards of Narrow Fabric and 15.5 square metres of corrugated board. RSS Thread and Accessories will create employment opportunities for 485 Bangladeshi nationals.

Source: https://today.thefinancialexpress.com.bd/trade-market/rss-thread-accessories-to-invest-60m-at-iepz-1589904053

HSBC campaign to offer support to 0.1m Covid-hit people

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh on Tuesday launched a corporate sustainability campaign to offer support to at least 100,000 people and beyond across the country whose lives have been impacted by the Covid-19 pandemic. Throughout the year, HSBC will continue such community initiatives under a broader platform of ‘Joy of Giving’. HSBC also wants to encourage other corporates and donors to contribute to the wider community by partnering with HSBC using ‘Joy of Giving’ platform.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/hsbc-campaign-to-offer-support-to-01m-covid-hit-people-1589902933

FICCI provides PPEs to DGHS

The Foreign Investors’ Chamber of Commerce & Industry (FICCI) provided 11,000 units of high-quality Personal Protective Equipment (PPE) suits to the Directorate General of Health Services (DGHS), to help the nation in its fight against Covid-19, said a statement. Among these, 1,000 PPE units are specialised medical grade and rest 10,000 units are for frontline fighters at the hospitals, doctors, nurses, and relevant hospital staff who are extending medical services to coronavirus patients.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ficci-provides-ppes-to-dghs-1589903130

Bengal Plastics launches two types of PPE

Bengal Plastics has introduced two types of Personal Protective Equipment (PPE)-face shields and eye protective goggles- under the guidance of the World Health Organization. Bengal Eye Protective Googles helps to protects the eyes and surrounding areas from dust, liquid, air, airborne bacteria or droplets from sneezing and coughing also helps to prevent the infection. company is going to launch another 2 new models of PPE- Bengal Disinfection Chamber & Bengal Classic Face Shield.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/bengal-plastics-launches-two-types-of-ppe-1589903169

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA24206.86
↓ 390.51↓ 1.59 %
FTSE1006002.23↓ 46.36↓ 0.77 %
Nikkei 22520639.89↑ 206.44↑ 1.01 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 32.18↑ 0.22↑ 0.69 %
Crude Oil (Brent)$ 34.92↑ 0.27↑ 0.78 %
Gold Spot$ 1748.33↑ 3.28↑ 0.19 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 83.1793
GBP 1BDT 101.782
EUR 1BDT 90.9160
INR 1BDT 1.10625

*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

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.

YOUR SAFETY MEANS EVERYTHING TO US
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.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
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.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
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.

WE WILL FREQUENTLY UPDATE YOU
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

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