$

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 65, December 24, 2017

Money Market

ParametersCurrent PeriodEarlier PeriodChange
Average Call Money Rate 3.92%
(Dec 20 ’17)
3.87%
(Dec 13 ’17)
0.05%
Call Money Lending (Crore BDT) 7,120.00
(Dec 20 ’17)
7,309.00
(Dec 13 ’17)
2.59%
PricesWeighted Average Deposit Rate 4.89%
(Oct ’17)
4.90%
(Sep ’17)
0.01%
Weighted Average Lending Rate 9.39%
(Oct ’17)
9.45%
(Sep ’17)
0.06%
Spread 4.50%
(Oct ’17)
4.55%
(Sep ’17)
0.05%
YoY Private Sector Credit Growth 18.63%
(Oct ‘17)
17.80%
(Sep ‘17)
0.83%
Classified Loan % Total Outstanding 10.67%
(Sep’17)
10.13%
(Jun’17)
0.54%

Major Local Economic Indices

GDP Growth Rate 7.28%
(FY ’17)
7.11%
(FY ’16)
0.17%
Inflation (12 Months Average) 5.59%
(Oct ’17)
5.55%
(Sep ’17)
0.04%
Export 3,057.11
(Nov’17)
2,878.09
(Nov’16)
6.22%
Import (C&F) 4,942.00
(Oct’17)
3,817.00
(Oct’16)
29.47%
Foreign Remittance 1,214.75
(Nov ’17)
951.37
(Nov ’16)
27.68%
FX Reserve 32,960.23
(Dec 20’17)
31,861.05
(Dec 20’16)
3.45%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

LocalDSEX 6,182.79
(Dec 21 ‘17)
6,230.02
(Dec 14 ‘17)
0.76%
CSCX 11,558.26
(Dec 21 ‘17)
11,648.33
(Dec 14 ‘17)
0.77%
CASPI 19,122.74
(Dec 21 ‘17)
19,274.22
(Dec 14 ‘17)
0.79%
GlobalNikkei 225 22,898.48
(Dec 22’17)
22,557.69
(Dec 15’17)
1.51%
Dow Jones Industrial Average 24,751.25
(Dec 22’17)
24,651.74
(Dec 15’17)
0.40%
FTSE 100 7,587.77
(Dec 22 ’17)
7,484.05
(Dec 15 ’17)
1.39%

Major Global Economic Indices

TypeCountryInflation3GDP Growth Rate1Unemployment Rate1
G8United States 2.20% 2.30% 4.10% 3
Great Britain 3.10% 1.50% 4.30% 2
Euro Zone 1.50%3 2.60% 8.80%2
Major
Trade
Partners
China 1.70% 6.80% 3.95%
India 4.88% 6.30% 4.59% 3
Germany 1.80% 2.80% 3.60% 2
Singapore 0.40% 2 5.20% 2.20%

1-Sep’17;2-Oct’17;3-Nov’17

Commodity Market

Crude Oil (Brent) [USD/bbl] 65.25 63.23 3.19%
Gold Spot (USD/t oz.) 1,274.16 1,256.44 1.41%
Wheat (CBOT) [USD/bu] 424.75 418.251.55%
Soyabean Oil (CBOT) [USD/lb] 32.94 33.34 1.20%

* Current Period refers to December 22, 2017 & Earlier Period Refers to December 15, 2017

Exchange Rates

EUR-USDLatest EUR to USD exchange rate was 1.1862. Previous week’s rate was 1.1773, change +0.76%.
GBP-USDLatest GBP to USD exchange rate 1.3363. Previous week’s rate was 1.3320, change +0.32%.
USD-JPYCurrent USD-JPY exchange rate is 113.2900. Previous week’s closing price was 112.6000, change +0.61%.
USD-AUDCurrent AUD to USD exchange rate 0.7709. Previous week’s rate was 0.7646, change +0.82%.

Banking News in Dailies

Banking News in Capital Market

  • CITYBANK: Board of Directors has approved to transfer by way of sale bank’s land measuring all together 21,602 sft. named and styled ‘Al-Amin Centre’, situated at Dilkusha C/A, Motijheel, Dhaka at current market value of Tk. 26,32,35,000.00 to its own subsidiary City Brokerage Limited. Bank will recognize gain of Tk. 18,26,10,028.00 through making the transaction.
  • ABBANK: Board of Directors has decided to change the venue for AGM and EGM to Le Meridien Dhaka Hotel. Other information of AGM and EGM will remain unchanged
  • UCB: BSEC has accorded its consent for raising of Tier II Regulatory Capital through issuance of Unsecured, Non-Convertible, Non-Listed and Redeemable ‘UCB Third Subordinated Bond’ amounting of Tk. 700.00 crore for 7 years tenure with interest of Benchmark rate plus 2.5% p.a. margin subject to coupon floor rate of 7.0% p.a. and Coupon Ceiling Rate of 10.50% pa. through Private Placement.

Week in History

    • December 17, 2014 – The United States and Cuba re-establish diplomatic relations after severing them in 1960.
    • December 18, 2006 – United Arab Emirates holds its first-ever elections.
    • December 19, 2013 – Spacecraft Gaia is launched by European Space Agency.
    • December 20, 2013 – China successfully launches the Bolivian Túpac Katari 1 from the Xichang Satellite Launch Center.
    • December 21, 2012 – 2012 phenomenon: This day was regarded as the end-date of a 5,126- year-long cycle in the Mesoamerican Long Count calendar, leading to widespread expectations of cataclysmic event.
    • December 22, 1990 – Final independence of Marshall Islands and Federated States of Micronesia after termination of trusteeship.
    • December 23, 2007 – An agreement is made for the Kingdom of Nepal to be abolished and the country to become a federal republic with the Prime Minister becoming head of state.

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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