$

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 125 March 10, 2019

Money Market

 ParametersCurrent PeriodEarlier PeriodChange
 Average Call Money Rate 4.55%
(Mar 06’19)
4.48%
(Feb 26’19)
0.07%
 Call Money Lending (Crore BDT) 5906.32
(Mar 06’19)
4106.05
(Feb 26’19)
43.84%
PricesWeighted Average Deposit Rate 5.34%
(Mar 07’19)
5.34%
(Feb 27’19)
0.00%
Weighted Average Lending Rate 9.49%
(Mar 07’19)
9.49%
(Feb 27’19)
0.00%
Spread 4.15%
(Mar 07’19)
4.15%
(Feb 27’19)
0.00%
 YoY Private Sector Credit Growth 16.95%
(Dec ’18)
16.95%
(Sep ’18)
0.00%
 Classified Loan % Total Outstanding 10.30%
(Sep ’18)
11.45%
(June ’18)
1.15%

Major Local Economic Indices

GDP Growth Rate 7.86%
(FY ’18)
7.28%
(FY ’17)
0.58%
Inflation (12 Months Average) 5.51%
(Jan ‘19)
5.55%
(Dec ‘18)
0.04%
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 1,317.73
(Feb ’19)
1,149.08
(Feb ’18)
14.68%
FX Reserve 31,358.43
(Mar 06’19)
33,430.37
(Mar 06’18)
6.20%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

LocalDSEX 5,688.45734
(Mar 07’19)
5,711.82993
(Feb 27’19)
0.41%
CSCX 10,537.6373
(Mar 07’19)
10,586.1797
(Feb 27’19)
0.46%
CASPI 17,395.7955
(Mar 07’19)
17,473.4893
(Feb 27’19)
0.44%
GlobalNikkei 225 21,025.56
(Mar 07’19)
21,602.69
(Feb 27’19)
2.67%
Dow Jones Industrial Average 25,450.24
(Mar 20’19)
26,026.32
(Feb 27’19)
2.21%
FTSE 100 7,104.31
(Mar 07’19)
7,106.73
(Feb 27’19)
0.03%

Major Global Economic Indices

TypeCountryInflation5GDP Growth Rate2Unemployment Rate
G8United States 1.60% 2.60% 5 3.80%5
Great Britain 1.80% 0.20% 4.00% 4
Euro Zone 1.50% 0.20% 7.80% 4
Major Trade PartnersChina 1.50% 1.50% 5 3.80% 5
India 2.05% 1.50% 6.10%1
Germany 1.60% 0.00% 3.20% 4
Singapore 0.40% 1.40% 52.20%5

31-Jan’2019, 07-Feb’2019, 14-Feb’2019, 20-Feb’2019, 27-Feb’2019, 07-Mar’2019

Commodity Market

Crude Oil (Brent) [USD/bbl] 65.74 65.07 1.03%
Gold Spot (USD/t oz.) 1,298.30 1,293.43 0.38%
Wheat (CBOT) [USD/bu] 439.50 494.00 11.03%
Soyabean Oil (CBOT) [USD/lb] 29.65 30.24 1.95%

*Current Period refers to March 07’19 & Earlier Period Refers to February 27’19

Exchange Rates

EUR-USDLatest EUR to USD exchange rate is 1.1235. Previous week’s rate was 1.1365, change -1.14%
GBP-USDLatest GBP to USD exchange rate is 1.3015. Previous week’s rate was 1.3202, change -1.42%.
USD-JPYCurrent USD-JPY exchange rate is 111.1700. Previous week’s closing price was 111.8900, change -0.64%.
USD-AUDCurrent AUD to USD exchange rate is 0.7045. Previous week’s rate was 0.7079, change -0.48%.

Banking News in Dailies

Banking News in Capital Market

  • ABBANK: Non-convertible, Unsecured, Coupon bearing (range 7%-10.50% or as fixed by the Regulators) AB Bank Subordinated Bond-IV through private placement. BSEC accorded the consent subject to the condition that the Bank shall comply with the relevant laws and regulatory requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969. (end)
  • ICBIBANK: As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on March 12, 2019 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2018.

Week in History

    • March 01, 1961 – President John F. Kennedy established the Peace Corps, an organization sending young American volunteers to developing countries to assist with health care, education and other basic human needs.
    • March 03, 1847 – Telephone inventor Alexander Graham Bell was born in Edinburgh, Scotland
    • March 05, 1933 – Amid a steadily worsening economic situation, newly elected President Franklin D. Roosevelt proclaimed a four-day “Bank Holiday” to stop panic withdrawals by the public and the possible collapse of the American banking system.
    • March 10, 1862 – The first issue of U.S. government paper money occurred as $5, $10 and $20 bills began circulation.

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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