$

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

Issue 123 February 24, 2019

Money Market

ParametersCurrent PeriodEarlier PeriodChange
Average Call Money Rate 4.42%
(Feb 19’19)
4.43%
(Feb 13’19)
0.01%
Call Money Lending (Crore BDT) 3627.56
(Feb 19’19)
6410.73
(Feb 13’19)
43.41%
PricesWeighted Average Deposit Rate 5.34%
(Feb 20’19)
5.26%
(Feb 14’19)
0.08%
Weighted Average Lending Rate 9.49%
(Feb 20’19)
9.49%
(Feb 14’19)
0.00%
Spread 4.15%
(Feb 20’19)
4.23%
(Feb 14’19)
0.08%
YoY Private Sector Credit Growth 16.95%
(Oct ’18)
16.95%
(Oct ’18)
0.00%
Classified Loan % Total Outstanding 11.45%
(Sep ’18)
10.41%
(June ’18)
1.04%

Major Local Economic Indices

GDP Growth Rate 7.86%
(FY ’18)
7.28%
(FY ’17)
0.58%
Inflation (12 Months Average) 5.55%
(Dec ‘18)
5.58%
(Nov ‘18)
0.03%
Export 3679.72
(Jan ’19)
3408.88
(Jan ’18)
7.95%
Import (C&F) 4744.20
(Dec ’18)
4692.10
(Dec’17)
1.11%
Foreign Remittance 1,590.82
(Jan ’19)
1,379.79
(Jan ’18)
15.29%
FX Reserve 31,554.73
(Feb 06’19)
31,277.69
(Jan 31’18)
0.89%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

LocalDSEX 5,745.83391
(Feb 20’19)
5,750.29187
(Feb 14’19)
0.08%
CSCX 10,642.5263
(Feb 20’19)
10,650.5575
(Feb 14’19)
0.08%
CASPI 17,585.1460
(Feb 20’19)
17,602.2783
(Feb 14’19)
0.10%
GlobalNikkei 225 21,431.49
(Feb 20’19)
21,139.71
(Feb 14’19)
1.38%
Dow Jones Industrial Average 25,891.32
(Feb 20’19)
25,543.27
(Feb 14’19)
1.36%
FTSE 100 7,212.32
(Feb 20’19)
7,210.40
(Feb 14’19)
0.03%

Major Global Economic Indices

TypeCountryInflation5GDP Growth Rate2Unemployment Rate
G8United States 1.60% 3.40% 5 4.00%5
Great Britain 1.80% 0.20% 4.00% 4
Euro Zone 1.40% 0.20% 7.90% 4
Major Trade PartnersChina 1.70% 1.50% 5 3.80% 5
India 2.05% 1.50% 6.10%1
Germany 1.40% 0.00% 3.30% 4
Singapore 0.50% 1.40% 52.20%5

17-Jan’19, 24-Jan’2019, 31-Jan’2019, 07-Feb’2019, 14-Feb’2019, 20-Feb’2019

Commodity Market

Crude Oil (Brent) [USD/bbl] 66.37 64.46 2.96%
Gold Spot (USD/t oz.) 1,343.83 1,307.72 2.76%
Wheat (CBOT) [USD/bu] 494.00 524.75 5.86%
Soyabean Oil (CBOT) [USD/lb] 30.12 30.37 0.82%

*Current Period refers to February 20’19 & Earlier Period Refers to February 14’19

Exchange Rates

EUR-USDLatest EUR to USD exchange rate is 1.1346. Previous week’s rate was 1.1265, change +0.72%
GBP-USDLatest GBP to USD exchange rate is 1.3035. Previous week’s rate was 1.2844, change +1.49%.
USD-JPYCurrent USD-JPY exchange rate is 110.8700. Previous week’s closing price was 111.1000, change -0.21%.
USD-AUDCurrent AUD to USD exchange rate is 0.7161. Previous week’s rate was 0.7111, change +0.70%.

Banking News in Dailies

Banking News in Capital Market

  • EXIMBANK: Referring to their earlier news disseminated on 10.05.2018 the Company has further informed that BSEC has accorded consent under the provision of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012 for issuance of 7 years Floating Rate, Non-Convertible, Mudaraba Subordinated Bond for Tk.600.00 crore only through Private Placement. The purpose of issuance of the Bond is to raise the Tier-II Capital of the Company and its issue price will be 100% at par.
  • TRUSTB1MF: On the close of operation on February 14, 2019, the Fund has reported Net Asset Value (NAV) of Tk. 11.31 per unit on the basis of current market price and Tk. 11.02 per unit on the basis of cost price against face value of Tk. 10.00 whereas total Net Assets of the Fund stood at Tk. 3,433,663,481.00 on the basis of market price and Tk. 3,344,618,254.00 on the basis of cost price after considering all assets and liabilities of the Fund.

Week in History

    • February 19, 1942 – Internment of Japanese Americans began after President Franklin Roosevelt issued an Executive Order requiring those living on the Pacific coast to report for relocation. Over 110,000 persons therefore shut down their businesses, sold off their property, quit school and moved inland to the relocation centers.
    • February 21, 1972 – President Richard Nixon arrived in China for historic meetings with Chairman Mao Tse-tung and Premier Chou En-lai.
    • February 22, 1732 – George Washington (1732-1799) was born in Westmoreland County, Virginia. He served as commander of the Continental Army during the American Revolution and became the first U.S. President.
    • February 23, 1942 – During World War II, the first attack on the U.S. mainland occurred as a Japanese submarine shelled an oil refinery near Santa Barbara, California, causing minor damage.

Disclaimer: This Document has been prepared and issued by R&D, DBL on the basis of the public information available in the market, sources of data believed to be reliable. All reasonable care has been taken to ensure that the facts & information stated in the Document are accurate as on the date mentioned herein.

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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