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Category: Business and Industry
Date Submitted: 07/23/2012 10:20 AM
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...