Bangladesh Commerce Bank

INDEPENDENT UNIVERSITY, BANGLADESH

Report on

Bangladesh Commerce Bank Ltd.

SUBMITTED TO:

MR. HANIF MAHTAB

SUBMITTED BY:

ABIR RAHMAN 1010266

RAHNUMA TASNIM 1010536

SHAMSHAD ARA JASMINE 0920312

BRINTO MONI 1020499

Submission Date: 20.11.2011

Contents

Bank Overview 3

Historical Background 3

Economical Background 3

Capital: 5

Commencement of Business: 5

Corporate Information: 6

Long Term Objectives 7

Nature of Business: 7

Products and services 8

Organization Hierarchy: 9

Strategic and Operational Plan: 10

Automation and Modernization: 11

Specialization in managing system 12

HR Activity: 13

Description of different working sector 13

Modifying Plan 14

Status of Compliance of Bangladesh Bank’s guideline for Corporate Governance (BRPD Circular No 16 dated 24 July 2003): 15

Recovery 18

Reference: 18

Bank Overview

Bangladesh Commerce Bank Ltd., a commercial bank, provides corporate/commercial, retail/personal, and small and medium enterprise (SME) banking services in Bangladesh. The company offers deposit products; SME loans to provide credit facilities to the SME entrepreneurs located in urban and sub-urban areas; agricultural loans to farmers; industrial loans for medium, small, and large industries for the development of industrial, commercial, economic, cultural, and social sectors; and consumer credit schemes for financing the limited and fixed income people for purchasing daily life products. Bangladesh Commerce Bank was founded in 1998 and is based in Dhaka, Bangladesh with branches in Dhaka, Narayangonj, Chittagong, Khulna, Sylhet, Bogura, Naogaon, and Comilla, Bangladesh

Historical Background

Bangladesh Commerce Bank Limited (BCBL) was established by the act no. I2 of 1997, passed by the Parliament of the People’s Republic of Bangladesh. Subsequently on February 8, 1998 as per clause 7(7) of act 12 of 1997, the Government constituted an 11 member Board of Directors to organize BCBL and administer the affairs of the Bank in...