Banking Products and Services Including Strategic Priorities of Banks
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Banking Products and Services.
The Bank is always committed to serving clients with the best values and innovative products and services to enrich its portfolio looking at the client’s demands and desires.
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Banking Products and Services
The list of Products and Services of the Bank is stated below:
Development of Banking
Industrial Loan with emphasis on the syndicated arrangement (Power & Energy
Telecommunication, Fibre Optic Cable, etc.)
Public-Private Partnership (PPP) project (Port Development, Transport & Communication like Road, Water & Air Ways, etc.)
Small & Medium Enterprise (SME like IT industries i.e. development of Hardware & Software).
Agro-based ventures depend on indigenous raw materials (like Jute Twin/Yarn and other Industries).
Green Banking (Environment & Eco-Friendly industries like an automatic brick kiln, renewable energy, effluent treatment plant, etc.)
Lease Financing.
Real Estate business (including housing loan).
Commercial & Foreign Exchange Business
Deposit Services:
Current Deposit Account
Savings Deposit Account-with cheque
Convertible Taka Account
Short-Term Deposit Account-Bank
Exporter’s Fc Deposit Account
Non-Convertible Dollar Account
Fixed Deposit
Deposit Pensions Scheme
Other special Savings Deposit
5-Year Term Sanchay Scheme
10-Year Term Sheikh Sanchez Scheme (SSS)
10-Year Term Chickasha Sanchez Scheme (CSS)
Term Deposit:
Monthly Term Deposit
Term Deposit for 3 Months
Term Deposit for 6 Months
Term Deposit for 12 Months
Term Deposit for above 12 Months
Short Terms Loans:
Cash Credit (Hypothecation)
Secured Advances (General)
Cash Credit (Pledge)
Secured Advances (Financial Obligation)
Retail Banking
Consumer’s Credit
Personal Loan
Trade/Foreign Trade Financing
Export Cash Credit
Payment Against Documents (PAD)
Packing Credit
Loan Against Imported Merchandise (LIM)
Purchase of Local & Foreign Documentary Bills
Loan Against Trust Receipt (LTR)
Foreign Exchange:
Local L/C
Import L/C
Export L/C
Back to Back L/C
Foreign Remittance
Foreign Exchange Buy & Sale
Other Banking Services:
Demand Draft Issue
Selling of Prize Bond
Payment order issue
Selling of savings certificates, etc.
Capital Market Operation
Share /Securities Trading
Brokerage House Services
Underwriting of Public Issues
Banker’s to the Public Issues
Mutual Fund operation
Loan and Advances
Loan against trust
Consumer credit Scheme
Loan against accepted
Industrial term loan
Agricultural term loan
Lease finance
Overdraft
Secured Overdraft(SOD)
Principal Activities Of Banks
The principal activities of the bank during the financial year were the provision of financial services including lending, deposit taking, payments services, investment portfolio management and advice, unit trust and superannuation fund management, insurance services, leasing, general finance, foreign exchange, and money market services. It also performs the merchant banking function under the license of the Securities and Exchange Commission.
Other principal activities of Banks
Loan Operation
Economics and Research
Documentation of data
Procurement implementation
Loan recovery
Compliance
Central account control
HR maintains
Provide MIS service
General activities implementation
Strategic Priorities of the Bank
Select and invest in industrial projects where locational advantages like local availability of raw materials, good infrastructural facilities (road communication, transport facilities, etc.), and utilities (power, gas, water, etc.) shall be available.
Limit project loan to (selected amount) maximum and (selected amount) minimum (for large projects).
Arrange and participate in a syndicated loan for projects above (selected amount).
Identify prospective and potential entrepreneurs and investors/ clients and motivate guide, and help them select profitable industrial ventures for investment.
Regularly publish financial disclosures.
Undertake from time to time SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis for reviewing the bank’s market position.
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Banking Products and Services Including Strategic Priorities of Banks