$

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 55, October 15, 2017

Money Market

ParametersCurrent PeriodEarlier PeriodChange
Average Call Money Rate 3.86%
(Oct 11 ’17)
3.88%
(Oct 04 ’17)
0.02%
Call Money Lending (Crore BDT) 8,094.00
(Oct 11 ’17)
8,422.00
(Oct 04 ’17)
3.89%
PricesWeighted Average Deposit Rate 4.93%
(Aug ’17)
4.89%
(Jul ’17)
0.04%
Weighted Average Lending Rate 9.46%
(Aug ’17)
9.51%
(Jul ’17)
0.05%
Spread 4.53%
(Aug ’17)
4.62%
(Jul ’17)
0.09%
YoY Private Sector Credit Growth 17.84%
(Aug ‘17)
16.94%
(Jul ‘17)
1.28%
Classified Loan % Total Outstanding 10.13%
(Jun ’17)
10.53%
(Mar ’17)
0.40%

Major Local Economic Indices

GDP Growth Rate 7.24%
(FY ’17)
7.11%
(FY ’16)
0.13%
Inflation (12 Months Average) 5.45%
(Jul ’17)
5.44%
(Jun ’17)
0.01%
Export 2,034.13
(Sep ’17)
2,255.86
(Sep ’16)
9.83%
Import (C&F) 4,701.20
(Aug ’17)
3,796.60
(Aug ’16)
23.83%
Foreign Remittance 853.73
(Sep ’17)
1,056.64
(Sep ’16)
19.20%
FX Reserve 33,106.38
(Oct 11 ’17)
31,324.63
(Oct 10 ’16)
5.69%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

LocalDSEX 6,064.41
(Oct 12 ‘17)
6,202.31
(Oct 05 ‘17)
2.22%
CSCX 11,377.84
(Oct 12 ‘17)
11,668.78
(Oct 05 ‘17)
2.49%
CASPI 18,825.92
(Oct 12 ‘17)
19,296.81
(Oct 05 ‘17)
2.44%
GlobalNikkei 225 20,699.36
(Oct 13 ’17)
20,699.36
(Oct 06 ’17)
2.25%
Dow Jones Industrial Average 22,881.15
(Oct 13 ’17)
22,768.08
(Oct 06 ’17)
0.5%
FTSE 100 7,552.16
(Oct 13 ’17)
7,522.38
(Oct 06 ’17)
0.40%

Major Global Economic Indices

TypeCountryInflation2GDP Growth Rate1Unemployment Rate
G8United States 2.20% 4 2.20% 4.20% 4
Great Britain 2.90% 1.50% 4.30% 2
Euro Zone 1.50% 4 2.30% 9.10% 2
Major
Trade
Partners
China 1.80% 6.90% 3.95%1
India 3.28% 4 5.70% 4.47%4
Germany 1.80% 4 2.10% 3.60% 3
Singapore 0.40% 3 4.60% 4 2.20% 1

1-Jun’17; 2-Jul’17; 3-Aug’17;4-Sep’17

Commodity Market

Crude Oil (Brent) [USD/bbl] 56.86 55.62 2.23%
Gold Spot (USD/t oz.) 1,301.76 1,276.68 1.96%
Wheat (CBOT) [USD/bu] 436.00 443.50 1.69%
Soyabean Oil (CBOT) [USD/lb] 33.67 32.95 2.19%

* Current Period refers to October 6, 2017 & Earlier Period Refers to September 29, 2017

Exchange Rates

EUR-USDLatest EUR to USD exchange rate was 1.1825. Previous week’s rate was 1.1730, change +0.81%
GBP-USDLatest GBP to USD exchange rate 1.3298. Previous week’s rate was 1.3066,change +1.78%.
USD-JPYCurrent USD-JPY exchange rate is 111.8700. Previous week’s closing price was 112.6500, change -0.69%.
USD-AUDCurrent AUD to USD exchange rate 0.7883. Previous week’s rate was 0.7767, change +1.49%

Banks News in Capital Market

  • MERCANBANK: A meeting of the Board of Directors will be held on October 16, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
  • BRACBANK: The Company has announced that they have been informed by its subsidiary bKash that they have (bKash) entered into a non-binding ‘Summary of Terms’ under which a strategic investor may acquire a minority shareholding in bKash. The proposed acquisition however remains subject to satisfactory due diligence, negotiation, completion of a definitive share acquisition agreement and compliance with all applicable Regulatory Requirements
  • MTB: Mr. A F M Mahfuz-Ul-Hassan, one of the Sponsors of the Company, has expressed his intention to sell 50,000 shares out of his total holding of 86,741 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within October 31, 2017
  • SIBL: Mr. Md. Shah Alam and Mrs. Zohra Alam, both are Sponsors of the Company, have further reported that they have completed their sale of 1,72,000 shares and 82,800 shares respectively at prevailing market price through Stock Exchange as announced earlier

Week in History

  • October 8, 1974 – Franklin National Bank collapses due to fraud and mismanagement; at the time it is the largest bank failure in the history of the United States
  • October 9, 2012 – Members of the Pakistani Taliban make a failed attempt to assassinate an outspoken schoolgirl, Malala Yousafzai.
  • October 10, 2010 – The Netherlands Antilles are dissolved as a country
  • October 11, 1986 – U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev meet in Reykjavík, Iceland, in an effort to continue discussions about scaling back their intermediate missile arsenals in Europe
  • October 12, 1999 – The former Autonomous Soviet Republic of Abkhazia declares its independence from Georgia
  • October 13, 1990 – End of the Lebanese Civil War
  • October 14, 1994 – The Palestinian leader, Yasser Arafat, The Prime Minister of Israel, Yitzhak Rabin, and the Foreign Minister of Israel, Shimon Peres, receive the Nobel Peace Prize the Oslo Accords and the framing of the future Palestinian Self Government.

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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