$

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

Click to Close

Rate last updated: 02/01/2014 11:15:04 AM

Issue 73, February 18, 2018

Money Market

ParametersCurrent PeriodEarlier PeriodChange
Average Call Money Rate4.03%
(Feb 14 ’18)
3.94%
(Feb 07 ’18)
0.09%
Call Money Lending (Crore BDT) 6,764.80
(Feb 14 ’18)
7,125.55
(Feb 07 ’18)
5.06%
PricesWeighted Average Deposit Rate 4.91%
(Dec ’17)
4.90%
(Nov ’17)
0.01%
Weighted Average Lending Rate 9.35%
(Dec ’17)
9.30%
(Nov ’17)
0.05%
Spread 4.44%
(Dec ’17)
4.40%
(Nov ’17)
0.04%
YoY Private Sector Credit Growth 18.13%
(Dec ‘17)
19.06%
(Nov ‘17)
0.93%
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) 5.70%
(Dec ’17)
5.52%
(Dec ’16)
0.18%
Export 3,408.85
(Jan ’18)
3,292.23
(Jan ’17)
3.54%
Import (C&F) 4,692.10
(Dec ’17)
3,994.10
(Dec ’16)
17.48%
Foreign Remittance 1,379.70
(Jan ’17)
1,009.47
(Jan’16)
36.68%
FX Reserve 33,003.51
(Feb 14 ’18)
32,001.04
(Feb 14 ‘17)
3.13%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

LocalDSEX 6,050.19
(Feb 15 ‘18)
5,965.63
(Feb 08 ‘18)
1.42%
CSCX 11,297.02
(Feb 15 ‘18)
11,128.89
(Feb 08 ‘18)
1.51%
CASPI 18,722.75
(Feb 15 ‘18)
18,428.42
(Feb 08 ‘18)
1.60%
GlobalNikkei 225 21,713.39
(Feb 16 ‘18)
21,374.18
(Feb 09 ’18)
1.59%
Dow Jones Industrial Average 25,270.95
(Feb 16 ‘18)
24,194.75
(Feb 09 ’18)
4.45%
FTSE 100 7,294.95
(Feb 16 ‘18)
7,077.94
(Feb 09 ’18)
3.07%

Major Global Economic Indices

TypeCountryInflation4GDP Growth Rate3Unemployment Rate3
G8United States 2.10% 2.50% 4.10% 4
Great Britain 3.00% 1.50% 4.30% 2
Euro Zone 1.30% 2.70% 8.70%
Major
Trade
Partners
China 1.50% 6.80% 3.90%
India 5.07% 6.30% 1 5.04% 4
Germany 1.60% 2.90% 3.60%
Singapore 0.40% 3 3.60% 2.10%

1-Sep’17; 2-Nov’17;3-Dec’17;4-Jan’18

Commodity Market

Crude Oil (Brent) [USD/bbl] 64.84 62.79 3.26%
Gold Spot (USD/t oz.) 1,346.95 1,316.65 2.30%
Wheat (CBOT) [USD/bu] 471.50 446.755.54%
Soyabean Oil (CBOT) [USD/lb] 31.73 32.15 1.31%

* Current Period refers to February 16, 2018 & Earlier Period Refers to February 09, 2018

Exchange Rates

EUR-USDLatest EUR to USD exchange rate was 1.2406. Previous week’s rate was 1.2252, change +1.26%.
GBP-USDLatest GBP to USD exchange rate 1.4026. Previous week’s rate was 1.3827, change +1.44%.
USD-JPYCurrent USD-JPY exchange rate is 106.2100. Previous week’s closing price was 108.8000, change -2.38%.
USD-AUDCurrent AUD to USD exchange rate 0.7905. Previous week’s rate was 0.7813, change +1.18%.

Banking News in Capital Market

  • DUTCHBANGL: Board of Directors will be held on February 22, 2018 to consider audited financial statements of the Company for the year 2017.
  • ISLAMIBANK: Md. Mahbub-ul-Alam has been appointed as the Managing Director and CEO of the Company with effect from February 11, 2018.
  • IDLC: The Board of Directors has recommended 30% cash dividend for the year 2017. Date of AGM: 29.03.2018.
  • LANKABAFIN: The Board of Directors has recommended 7.50% cash dividend and 7.50% stock dividend for the year 2017. Date of AGM: 29.03.2018. Record Date: 08.03.2018.
  • MERCANBANK: Due to unavoidable circumstances, Board meeting has been postponed. New date and time of the meeting will be notified later on.

Week in History

    • February 11, 2011 – The first wave of the Egyptian revolution culminates in the resignation of Hosni Mubarak and the transfer of power to the Supreme Military Council.
    • February 12, 1997 – NEAR Shoemaker spacecraft touches down in the “saddle” region of 433 Eros, becoming the first spacecraft to land on an asteroid.
    • February 13, 2017 – Kim Jong-nam, brother of North Korean dictator Kim Jong-Un, is assassinated at Kuala Lumpur International Airport.
    • February 14, 2011 – As a part of Arab Spring, the Bahraini uprising begins with a ‘Day of Rage’.
    • February 15, 2001 – The first draft of the complete human genome is published in Nature.
    • February 16, 2005 – The Kyoto Protocol comes into force, following its ratification by Russia.
    • February 17, 2008 – Kosovo declares independence as the Republic of Kosovo.

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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