$

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 22, February 26, 2017

Money Market

ParametersCurrent PeriodEarlier PeriodChange
Average Call Money Rate 3.53%
(Feb 23 ’17)
3.48
(Feb 16 ’17)
0.05%
Call Money Lending (Crore BDT) 6,706.00
(Feb 23 ’17)
7,202.00
(Feb 16 ’17)
6.89%
PricesWeighted Average Deposit Rate 5.22%
(Dec ’16)
5.29%
(Nov ’16)
0.07%
Weighted Average Lending Rate 9.93%
(Dec ’16)
9.94%
(Nov ’16)
0.01%
Spread 4.71%
(Dec ’16)
4.65%
(Nov ’16)
0.06%
YoY Private Sector Credit Growth 15.55%
(Dec ‘16)
15.01%
(Nov ‘16)
0.54%
Classified Loan % Total Outstanding 10.34%
(Sep’16)
10.06%
(Jun ’16)
0.28%

Major Local Economic Indices

GDP Growth Rate 7.11%
(FY ’16)
6.55%
(FY ’15)
0.56%
Inflation (12 Months Average) 5.44%
(Jan ’17)
5.52%
(Dec ’16)
0.08%
Export 3,312.04
(Jan ’17)
3,185.63
(Jan ’16)
3.97%
Import (C&F) 3,994.10
(Dec ’16)
3,898.30
(Dec ’15)
2.46%
Foreign Remittance 1,009.44
(Jan ’17)
1,150.64
(Jan ’16)
12.27%
FX Reserve 32,291.68
(Feb 22 ’17)
27,950.35
(Feb 22 ’16)
15.53%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

LocalDSEX 5,625.33
(Feb 23 ’17)
5,590.67
(Feb 16 ’17)
0.62%
CSCX 10,564.16
(Feb 23 ’17)
10,489.04
(Feb 16 ’17)
0.72%
CASPI 17,418.61
(Feb 23 ’17)
17,309.35
(Feb 16 ’17)
0.63%
GlobalNikkei 225 19,283.54
(Feb 24 ’17)
19,234.62
(Feb 17 ’17)
0.25%
Dow Jones Industrial Average 20,821.76
(Feb 24 ’17)
20,624.05
(Feb 17 ’17)
0.96%
FTSE 100 7,243.70
(Feb 24 ’17)
7,299.96
(Feb 17 ’17)
0.77%

Major Global Economic Indices

TypeCountryInflation4GDP Growth Rate3Unemployment Rate3
G8United States 2.50% 1.90% 4.80%4
Great Britain 1.80% 2.00% 4.80%
Euro Zone 1.80% 1.70% 9.60%
Major
Trade
Partners
China 2.50% 6.80% 4.02%
India 3.17% 7.30%1 5.98%
Germany 1.90% 1.20% 3.90%
Singapore 0.60% 2.90% 2.20%

1– Sep ‘16; 2-Nov ’16; 3-Dec ’16, 4-Jan ‘17

Commodity Market

Crude Oil (Brent) [USD/bbl] 55.99 55.81 0.32%
Gold Spot (USD/t oz.) 1,257.19 1,234.60 1.83%
Wheat (CBOT) [USD/bu] 448.00 455.50 1.65%
Soyabean Oil (CBOT) [USD/lb] 32.67 33.16 1.48%

* Current Period refers to Feb 24, ‘17 & Earlier Period Refers to Feb 17, ’17

Exchange Rates

EUR-USDLatest EUR to USD exchange rate was 1.0563. Previous week’s rate was 1.0616, change -0.499%
GBP-USDLatest GBP to US D exchange rate 1.2462. Previous week’s rate was 1.2412,change +0.403%
USD-JPYCurrent USD-JPY exchange rate is 112.12. Previous week’s closing price was 112.84, change -0.638%.
USD-AUDCurrent AUD to USD exchange rate 0.7676. Previous week’s rate was 0.7664, change +0.157%.

Banks News in Capital Market

  • MERCANBANK: The Board of Directors has recommended 15% cash dividend and 5% stock dividend for the year ended on December 31, 2016. Date of AGM: 30.03.2017,Time: 11:00 AM, Venue: FARS Hotel & Resorts, 212, Shahid Syed Nazrul Islam Sharani (Bijoynagar), Dhaka-1000. Record Date: 16.03.2017
  • 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 2, 2017 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016
  • SIBL: The Board of Directors has recommended 20% cash dividend for the year ended on December 31, 2016. Date of AGM: 30.03.2017, Time and Venue of the AGM will be notified later on. Record Date: 14.03.2017. The Company has also reported Consolidated EPS of Tk. 3.10, Consolidated NAV per share of Tk. 19.22 and Consolidated NOCFPS of Tk. 1.02 for the year ended on December 31, 2016 as against Tk. 2.77 (restated), Tk. 18.42 and Tk. 6.59 respectively for the same period of the previous year.

Week in History

  • February 19, 1473 – Astronomer Nicolaus Copernicus was born in Torun,Poland. Considered the founder of modern astronomy, he theorized that the sun, not the earth, was the center of the solar system.
  • February 24, 1582 – Pope Gregory XIII corrected mistakes on the Julian calendar by dropping 10 days and directing that the day after October 4,1582 would be October 15th. The Gregorian, or New Style calendar, was then adopted by Catholic countries, followed gradually by Protestant and other nations.
  • February 21, 1972 – President Richard Nixon arrived in China for historic meetings with Chairman Mao Tse-tung and Premier Chou En-lai
  • February 21, 1965 – Former Black Muslim leader Malcolm X (1925-1965) was shot and killed while delivering a speech in a ballroom in New York City.

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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