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You read ‘Commercial Basic Credit rating Management EXIM Bank Experience’ in category ‘Essay examples’ Under this system the students happen to be sent to gather practical information about working environment and activities.

As a prerequisite pertaining to the Bachelor of Business Administration Level I was necessary to complete this internship program in a suitable organization organization. I had been selected to work as an Internee in Export Importance Bank of Bangladesh Limited, Rajuk Method Branch to get a period of a few months from August 13, 2012 to January 12, 2012. Md. Moidul Islam, Elderly Vice President, HR division, Foreign trade Import Bank of Bangladesh Limited equiped me since an Internee. After discussion and getting permission, I began to work on the project named Accounting Efficiency on Credit Management and legal Settlement at EXIM Bank Ltd an overview.. 2 Backdrop of the Report For completing the BBA degree each of the IBAIS School, students have to go through an internship program in a business. For this reason BBA students need to undergraduate internship program where they will match useful knowledge get back of assumptive knowledge which the acquired through the degree. Their education doesn’t full unless a written report submitted towards the faculty, basing on what have the college students learned throughout the internship system. Being a college student of BBA, I have a chance to work at EXIM BANK Ltd.

Rajuk Opportunity Branch. This report is usually prepared based upon by observation during the tenor I was with them. 1 . 3 Objects of the examine The main objective of the research is the analysis “Commercial Lender Credit Managing EXIM Lender Ltd.  To achieve the key objectives, the research covers the following specific goals.? To understand the Commercial Bank Credit Supervision and its guide? To know about the financial operation.? To understand the different services provided by the financial institution? To gather useful knowledge about Banking , to assess theory with ongoing procedures. To present the suggestions to solve identified challenges. 1 . four Methodology in the study For the organization part, much info will be accumulated from different published articles, journals, pamphlets and web sites. All the information integrated in this record will be collected both in the primary options and as well as from the secondary sources. Here all the consumers of EXIM Bank Limited. who arrive to Rajuk Avenue Branch and related to the part at least two years to get doing various financial purchase constitute the total population from the study.

The whole samples are thirty customers who will be related with the lender at least two years or maybe more. I think they may represent the entire population. Every single client who may be conducting their very own business two years or more with Rajuk method Branch is known as a sample product. 1 . four. 1Primary Supply of Data Collecting data straight from the functional field is named primary way to obtain data. The technique that will be accustomed to collect the primary data is just as follows: Principal Sources happen to be: ¢Face to face conversation with all the employees. ¢Appointment with the leading officials of the Bank. ¢By interviewing consumers of the Traditional bank. 1 . 5. Secondary Options for Date The secondary info will be gathered from the MIS of EXIM Bank. To clarify diverse conceptual things, internet and different articles released in the periodicals , mags will be used. Secondary Sources happen to be:? Annual Studies of EXIM Bank? Additional published documents of Bangladesh Bank.? Workplace files and documents? Examine related literature and magazines? Group Instructions , Organization Instruction Manual? Websites 1 . 5 Data Processing , Analysis Collected information have after that processed , compiled using MS Expression, Excel , other related computer programs.

Necessary furniture have been ready on the basis of accumulated data and various statistical techniques have already been applied to analyses on the basis of labeled information. 1 . 6 Restrictions of the research In spite of having the wholehearted work, there were a lot of limitations, which usually acted being a barrier to conduct the program and for doing an empirical research work. The limitations were:? The study was limited only to the EXIM Bank Limited.? One other Problem was time restrictions. The life long my internship Program was only 3 months. But this kind of allocated period is too little for a full and productive study. The Bank was a occupied one having heavy run of people, whom officers have to deal with. So allocation of your time for a great internee is certainly much tough pertaining to the representatives of the traditional bank.? Bank is a sophisticate business sector. Thus bank do not interested to supply me secret data. Consequently in my survey there is a secret data restriction.? Non availability of up to date info.? EXIM Bank is a great Islamic financial institution for that reason We face a few problems to understand their products , facilities they give. Because some of the rules from the Islamic financial are deferent from the general banking guidelines?

The department people often remain occupied due to insufficient supporting personnel so that they could not devote their complete efforts. Section 02 Bank in Bangladesh 2 . 1 Introduction Lender is an establishment that makes such developments of money to individual, as may be required with which individuals entrust cash when not needed by all of them for use. A bank is one, whom in the normal course of his business obtains money which will he repays by honouring cheques of persons from whom or perhaps on whose account he receives that. Banks deal mainly with money and credit. They purchase and sell money and credit.. 2 Evolution from the word “Bank Etymology works with the roots and origin of the term ‘bank’. Regarding etymology or origin with the word financial institution there is no unanimous opinion among the writers of banking. In accordance to some writers the word financial institution derived from the word BANCO, BANCUS, BANQUE, and BANC, all of which mean bench upon which the early bankers accustomed to display their coins and transact organization in the market place. According to the another writers the word ‘bank’ have been derived from the German word ‘BANKE’ this means a joint stock fund.

The 1st variation is widely accepted since at one time the banking background, money changing was looked upon as the most broadly accepted function of a company. Banking in the ancient instances was largely confined to money changing and money financing. 2 . 3 Emergence of recent Banking In middle European countries the lenders of Lombardy were incredibly famous. To them belongs the credit rating of modern banking. In other words that they planted the seed of modern banking in britain. They completed in London by a place known as Lombard Avenue. Florence was your capital of Lombardy. Lombardy was a region in North Italy.

The majority of the prominent brokers of their present were via Lombardy. Among those dominant bankers we are able to named individual who were popular not only in financial but likewise in politics history in Europe. These Lombardy everyone was very much annoyed in 13’s by internecine work which was followed by loot by Kaiser Frederick two. Lombardy persons in large number as a result began migrating to more resolved countries just like England, The french language, and Belgium. In England these Lombardy persons brought the concept of modern banking and thus Britain becomes the property of modern financial.. 4 Bank Development in Bangladesh Local banking in Bangladesh is as old while banking in other parts of the world. Money used to be acknowledged as a deposit and advances used to be provided with. During Mughal period, local banking prospered. The subarna banik the bullion trading community used to do banking in the then Bengal. Subsequently, much larger banking in Bangladesh was gradually absorbed by the upcountry bankers who had been known as Seth, shah and so forth but subarna baniks continued to operate in rural Bengal.

With the English gradually visiting for Bengal and settling here, banking as agency home, exchanging residence started to grow in kolkata. Entry of the Bengalese into banking made its debut in the part of this kind of century, particularly in the wake with the swadeshi motion. In 1947 after the separating of India and Pakistan, bank organization faced a severe disaster as non-Muslim bankers moved to India. In order to improve the bank organization State bank of Pakistan was established as a central traditional bank of Pakistan in 1948. In 1971 Bangladesh became independent.

After liberation “Bangladesh financial institution was automated with the property and liabilities of former “State bank of Pakistan. There were a lot of banks prior to independence of Bangladesh the following: (1) The national financial institution of Pakistan (2)The financial institution of Vowalpur ltd. (3)The premier bank ltd. (4)The Habib bank ltd. (5)The commerce financial institution ltd. (6)The united financial institution ltd. (7)The union bank ltd. (8)The Muslim industrial bank limited. (9)The standard bank ltd. (10) The Australasia bank limited. (11) The eastern cargo bank limited. (12) The eastern financial corporation ltd. Bangladesh Financial institution nationalization Purchase promulgated on 26 March in 1972.

Following your liberation warfare the above 1st three financial institutions were transformed into The Sonali Bank, The next two banking companies were converted to The Agrani Bank, the next two banking institutions were transformed into The Janata Bank, another three banking institutions were converted to The Rupali Bank, the next one financial institution was transformed into The Pubali Bank plus the last financial institution was converted to The Uttara Bank. Banks in Bangladesh have reporter relationship with other banks in foreign countries in order to offer their companies or to buy services from. A summary photo of the country’s commercial banking institutions is offered in the stand on Financial institutions of Bangladesh.

Statement of Banks back in 2011 Brand of BankBranchesCorrespondent Banks Sonali Bank1307 (1)*369 Janata Bank898 (4)1160 Agrani Bank903980 Rupali Bank514 (1)160 Pubali Bank350433 Uttara Bank198300 National Bank66143 The City Bank 76252 Usa Commercial Bank79110 Arab , Bangladesh Bank62 (1)310 IFIC Bank54 (2)200 Islami Traditional bank Bangladesh109650 Al-Baraka Bank Bangladesh34117 Eastern Bank2137 National Credit , Commerce Bank27232 Prime Bank20198 South-East Bank12190 Dhaka Bank12271 Al-Arafa Islami Lender 34127 Sociable Investment Bank1252 Dutch-Bangla Bank69 Mercantile Bank89 Standard Bank913 One Bank155

EXIM Bank37 Premier Financial institution 411 1st Security Bank13 Mutual Trust Bank214 Lender Asia fifty five Trust Bank525 Bangladesh Business Bank2413 5. Figures in parentheses suggest number of international branches installment payments on your 5 Concluding Note Modern-day bank in Bangladesh hasn’t developed overnight. Before and after self-reliance of Bangladesh the concept of lender was developed in Bangladesh slowly but surely. So I can very easily say that financial institution history can be as ancient while the human world. Chapter goal EXIM Bank at a Glance several. 1 Traditional Background of EXIM Traditional bank Ltd EXIM Bank Limited was established in 1999 under the leadership of Late Mister.

Shahjahan Kabir, founder chairman who had a lengthy dream of floating a commercial lender which could contribute to the socio-economic development of the country. He previously a long encounter as a great banker. A grouping of highly qualified and successful internet marketers joined all their hands with the founder leader to appear his wish. Indeed, all of them proved themselves in their particular business since many successful celebrity with their effort, intelligence, hard working and talent entrepreneurship. Among them, Mister. Nazrul Islam Mazumder became the ethical chairman following your demise of the honorable owner chairman.

This kind of bank begins functioning by 3rd August, 1999 with Mr. Alamgir Kabir, FCA as the advisor and Mr. Mohammad Lakiotullah because the Controlling Director. Both of them have lengthy experience in the financial sector of our region. By their pragmatic decision and management assignments in the functional activities, this kind of bank offers earned a secured and distinctive situation in the bank industry regarding performance, expansion, and exceptional management. The authorized capital and paid out up capital of the financial institution are Tk. 3500. 00 million and Tk 2677. 80 million respectively.

The financial institution has moved all of the conventional bank operation into Shariah centered Islami bank since July/2004. 3. 2 Profile of EXIM Bank ¢Legal Position. Public Limited Company ¢Establish 1999 ¢Incorporated 2nd June, 1999 ¢Activity Starts third August, 1999 ¢Islamic Financial 1st July, 2004 ¢Listing with Dhaka Stock Exchange September, 2006. Record with Chittagong Stock Exchange Sept, 2006. ¢Inauguration of Initially Branch third August, 1999. ¢Authorized Capital TK. 1000Million ¢Profit TK 4967563969 , 000, 000 ¢Total Asset TK 41793540. 962 million ¢Shares TK 2233254288 mil ¢Paid up Capital TK 878. five Million ¢Reserve Fund TK 569. 98 Million ¢Number of Employees 1630 Persons ¢No. of Branches 52 ¢Proposed Limbs 08 3. 3 Credit ranking oLong Term A-(Adequate Safety) oShort Term ST-3 (Good Grade) a few. 4 Eyesight and Objective? To be the finest bank inside the banking industry of Bangladesh under the Shariah guidelines. Lead significantly towards the national overall economy? To maintain Business and organization ethics.? To turn into a trusted database of consumers’ money and the financial consultant.? To make the stock superior and satisfying to the customers/share holders.? To show off team spirit and professionalism.? To have a Sound Capital Foundation.? To provide superior quality financial services in export and import control.? To provide excellent quality Customer service? To provide standard financial services.? Wealth maximization 3. a few Functions of the EXIM Bank Ltd? The key task in the EXIM Financial institution Ltd. h to accept deposit from various customers through various accounts.? Provides loans on convenient terms and condition.? Your bank invest it fund into profitable sector.? It transfers money by Demand Draft, Pay Purchase, on line and Telegraph Copy.? The bank is doing the transaction of invoice exchange, talón etc . for the customers.? EXIM Bank assists inside the foreign exchange simply by issuing LC.? Above all, EXIM Bank assists the businessmen financially by providing discount facility for expenses of exchange and by featuring the service of letter of guarantee. 3. 6th Corporate Lifestyle

This lender is one of the the majority of disciplined Banking companies with a unique corporate traditions. The bank believes in shared that means, shared understanding and shared sense making. The employee from the bank can easily see and appreciate events, actions, objects and situation in a distinctive approach. They mold their manners and manners, character individually to suit the goal of the Bank and the needs from the customers whom are best to the bank. The people inside the Bank find themselves as being a tight made team/family that believes in working together for development.

The corporate tradition we are supposed to be has not been made, it has alternatively been achieved through each of our corporate carry out 3. six Human Resource Management of EXIM Traditional bank Human resource is definitely the fundamental asset of the business. Human resource procedure is concerned together with the growth and development of individuals toward higher level of competency, creative imagination and completion. Therefore , recruiting development has been given its because of importance within an environment which values performance, teamwork, justness and ethics, it has the two quantities sizing.

EXIM Financial institution recognizes that intellectual capital is the most important asset for a loan company. Without proper and efficient recruiting, no organization. The Bank is convinced that the professional competence Lender personal and its commitment to get accomplishing assigned responsibilities can be a first line of defense to avoid irregularities. ¢The objectives of Human Resource Management of EXIM Traditional bank are the following: oConduction of job evaluation. oPlanning worker needs and recruiting job candidate. oSelecting job applicants. Orienting and training of new employees. oManaging wages and salaries (compensating Employees). oProviding incentives and benefits. oAppraising performance. oCommunicating (Interview, guidance, disciplining) oTraining and expanding managers. oBuilding employee determination. 3. 8 Organizational Structure 3. being unfaithful Management of Rajuk Opportunity Branch Body organ gram 3. 10 Administration of EXIM Bank Ltd Management is the process of organizing, organizing, leading and manipulating the work of organization member and of employing all offered resources to succeed in stated organizational goals.

The effectiveness of the bank will depend on of the strength of the management team. EXIM Financial institution is proud to have a staff of very motivated, well-educated and experienced executive who have been contributing considerably to the continuing progress in the bank. Bureaucratic effectiveness has become measured in EXIM Traditional bank in terms of come selected criteria such deposit mobilization, financial loans and advances made, bank loan recovery, profitability’s and productivity, it has been identified that EXIM Bank is effective in respect of branch expansion, financial loan disbursement, mortgage recovery etc .

With a brief time, EXIM Financial institution has become one of the leading and most good bank not simply among the third generation financial institutions but also it superseded many other bank and financial institutions belonging to second and in many cases first era banks from the point of view under the active leadership of its administration. Management is trying to support and assist very well motivated and experienced affairs to run daily affairs with the bank effortlessly.

For keeps quality management, its needed to train up more official at hq and department level in regards to sanctioning, disbursement and restoration of credit, project assessments, customer solutions etc 3. 11 Sociable Commitments a few. 11. 1 EXIM Financial institution Foundation and CSR Activities At least 2% of the annual profit of every year is definitely put aside to get the foundation to conduct Business Social Responsibilities (CSR) activities. The popular CSR activities that are performed through this kind of foundation will be: – ¢Healthcare service. ¢Scholarship program for brilliant poor student. ¢Education Promotion Plan (Interest totally free loan). Aiding people affected by natural calamities. ¢Helping persons in slum areas. ¢Donation to language schools to setup computer system lab. ¢Beautification of Dhaka City. three or more. 11. 1 ) 1 Healthcare service A 5 varied building having 10, 1000 sft floor area at 840 Kazi Afin de, Rokeya Sarani, Mirpur, Dhaka-1216 has been chosen to set up EXIM Bank Clinic. The adornment of this medical center is going upon in full swing. Your doctor has been hired who is functioning as a citizen director in the hospital. Additional doctors and hospital staffs have been in the selection through recruitment see already published in the nationwide dailies.

They will be appointed when the decoration in the hospital is definitely complete. a few. 11. 1 . 2 Scholarship grant program intended for brilliant poor student This can be a stipend package pertaining to poor and meritorious learners that look after the beneficiaries throughout their student existence. EXIM Lender Scholarship Plan, launched 5 years ago with sixty one poor and meritorious students selected coming from different reputed educational institutions of Dhaka City including Govt. Laboratory High school graduation, Viqarunnissa Noon School and College, Dhaka University, BUET, Dhaka Medical College, etc . nrolled as much as 1000 pupils from around 150 reputed educational institutions country wide by 31 December 08. They are signed up for the this programme to be taken care of because of their whole educational life subject to their fulfilment of the membership criteria which include satisfactory educational results, noninvolvement in scholar politics, financial insolvency and so forth So far Tk. 19. a few million continues to be disbursed as scholarship below this plan. 3. 11. 1 . a few Helping persons affected by natural calamities One more vital place we are dealing with as part of each of our CSR actions is helping people survive natural disasters.

Under this welfare coder, EXIM Bank provides alleviation in funds and kind pertaining to flood, fire or cyclone victims and cold-stricken people. The aim of these kinds of CSR actions is to ensure that the target group overcome their particular provisional handicap and contribute to the socio-economic progress as soon as possible. 3. 11. 1 ) 4 Education Promotion Scheme (Interest cost-free loan) Below Education Campaign Scheme, quard or interest-free loan is definitely provided for poor and meritorious students to help these groups bear month-to-month educational expenses including educational expenses, foodstuff, accommodation, and so forth

The quard is disbursed to the selected students in monthly installments till their achieving the learn degree. Below this programme the students must repay the quantity (only the key amount) in long-term monthly installments after they have joined a confirmed work accomplishing all their education properly. By 23 December 2008, Tk. 19. 7 , 000, 000 was approved to take care of about 138 poor and meritorious students from a number of well-known educational institutions just like Dhaka College or university, Chittagong School, Dhaka Medical College, BUET, Bangladesh Farming University, Shahjalal University of Science and Technology etc .. 11. 1 . 5 Supporting people in slum areas Besides normal calamities, flames breaks out sometimes in slum areas that guts the shanties and renders the influenced people entirely helpless. For the reason that situation, all of us help the patients fight resistant to the hard times and go back to normal your life. 3. eleven. 1 . 6 Donation to educational institutions to setup computer laboratory We have make donation to Dhaka School and Chittagong University to build two laptop labs that help the registrants of those educational institutions acquire ICT knowledge. This will likely certainly help the students to get ready to take those challenges of the information contemporary society. 3. eleven. 1 . Beautification of Dhaka City In response to the phone of the Dhaka City Company, EXIM Bank has been writing a good area of the big task of beautifying the capital since 2006. To make the capital a modern town enriched with adequate metropolitan amenities, EXIM Bank usually joins hands with the government. 3. doze Achievement 3. 12. 1 First exclusive sector bank to open exchange house in UK In order to ensure delivery of clean and most dependable remittance providers to NRBs living and working in UK, Export Import Bank of Bangladesh Limited (EXIM Bank) has started operation of it is wholly held subsidiary “EXIM Exchange Business (UK) Ltd. n 30th June 2009 in London, Uk, one of the most ancient destinations intended for the expatriate Bangladeshis. It is the first exchange house held by a Bangladeshi private financial institution. Bangladesh Financial institution Governor Doctor Atiur Rahman inaugurated the exchange residence as the Chief Guest, while H. At the. Dr . M. Sayeedur Rahman Khan, Ethical High Office, Government in the People’s Republic of Bangladesh, was within the program as special guests. Chairman of EXIM Financial institution and Director of EXIM Exchange Business (UK) Ltd. Mr.

Maryland Nazrul Islam Mazumder presided over the system. Deputy Large Commissioner Mister. Allamah Siddique, Director of EXIM Traditional bank Mr. Muhammed Nurul Fazal Bulbul, Mrs Nasrin Islam, Mr. Abdullah-Al-Zahir Swapan, Mr. Md. Shahidullah, Managing Representative of EXIM Bank Mr. Kazi Masihur Rahman and local elites were also present in the opening ceremony. With the starting of EXIM Exchange the Bangladeshi expatriates will now have the ability to send remittances to their family members back home inside shortest possible time through on-line transfer to all the limbs of EXIM Bank.

EXIM Exchange Firm (UK) Ltd is located at the Universal Property of Wentworth Street Birmingham which is a incredibly convenient location for the Bangladeshi community and business properties. Unlike some other exchange company operating in UK, as EXIM Exchange is totally owned and supervised by simply EXIM Lender under the endorsement of Bangladesh Bank and UK regulators, it is anticipated to be one of the most reliable and trusted Exchange House to get the NRBs. 3. doze. 2 Implementation of the world famous Core Banking Software (TEMENOS T24)

All of the branches of EXIM Bank have been applying branch primarily based banking application named PcBank2000 developed by Qualified prospects Corporation, Bangladesh. In order to exchange this computer software with a central Shariah Structured Islami Bank software, your bank management made an agreement woth TEMENOS Switzerland to implement its internationally renowned Core Banking Software T24. Implementation of the software has become started at the end of the 12 months 2007. A team composed of very skilled employees via both business and THAT of the financial institution has been working day and night for employing the Software. The team has been given teaching on the application from Chennai, India.

Working very hard together with the foreign consultants during the last one and half year, this team provides successfully moved our Motijheel branch and Head Office about 03/05/2009 following the completion of gap examination, customization in the software and User Popularity Test (UAT). The Motijheel branch and Head Office are now running in T24. This centralized application is capable enough to provide all sorts of electronic banking service to the valued clients through numerous electronic delivery channels. Bashundhara Branch is to use this software by 17th 03, 2010 3. 12. several Conversion by Conventional Banking to Shariah Based ISLAMI Banking

It is a great pleasure that by the style of Changeless Allah, the financial institution migrated each time all the limbs from its standard banking procedure into Shariah based Islami banking procedure without any difficulty. Lot of uncertainties and adversities were there in to this immigration process. The officers and executives of the bank encouraged the appreciated customers simply by counseling and persuasion because with the nature of Islam especially for the non-Muslim clients. Our THAT division has been doing the excellent job of switching and fitting the conventional business processes in the processes depending on Shariah.

It is often made possible by using a systematic procedure of immigration under the command of reputable Managing Movie director. 3. 13 Performance of EXIM Financial institution Ltd The company of banking consists of borrowing and financing. As in various other businesses, operation must be depending on capital although banks use comparatively little of their own capital in relation to the overall volume of their particular transaction. The objective of capital on reserve accounts is main to provide a great ultimate cover against loss on financial loans investments. In Bangladesh, there are numerous types of banks which are formed since commercial banks.

But most importantly, EXIM Financial institution of Bangladesh limited is known as a new generation of private industrial bank. The entire abbreviation of EXIM Financial institution Ltd. The bank has got financing personalities organization man and reputed industrialist as its benefactors. The bank will probably be immensely benefited from the valuable advice from the experienced beneficiaries of the traditional bank. The past due chairmen in the bank lead much pertaining to the solid foundation of the lender at the initial stage. Regrettably his unforeseen death induced a vacuum leadership of the traditional bank. But within shortest possible period, the beneficiaries who capable to select the up coming Chairman in the Bank.

Functionality of the EXIM Bank Ltd. During 08 in all organization arenas like deposit, expenditure and Foreign Exchange exceeded functionality of the prior years. The lender achieved sufficient progress in all areas. Development in first deposit mobilization is 48. 44%, Investments thirty four. 73%, Importance 54. 74%, and Foreign trade Business 39. 55%. three or more. 14 Shariah Board The Board of directors provides formed a Sharia Organization Board for the Bank. Their particular duty should be to monitor the whole Bank’s transactional procedures, , assuring their Sharia compliancy.

This Board consists of the next members headed by its Chairman The tasks of the Sharia supervisor in conclusion is replying to queries of the Bank’s administration, staff members, shareholders, depositors, , buyers, follow up with the Sharia auditors and provide associated with guidance, submitting reports , remarks to the Fatwa , Sharia Guidance Board plus the administration, engaged in the Bank’s training courses, participating in the supervision over the AlIqtisad AlIslami magazine, , handling the duty of being the General Secretary in the Board.

Members of Shariah Council: Professor Moulana Mohammad Salah Uddin Mr. Maryland. Nazrul Islam Mazumder Moulana Mohammad Sadequl Islam Mister. A. T. M Nurul Fazal Bulbul Professor They would. M. Shahidul Islam Barakaty Mr. Maryland. Abdul Mannan Mr. A. S. Meters. Fakhrul Ahsan Mr. Zubayer Kabir Hafez Moulana Mufti Mohammad Khair Ullah Mister. Abdullah Al-Zahir Sawpan Hafez Quari Moulana Mufti Mohammad Nur Uddin Mr. Kazi Masihur Rahman 3. 16. 1 Shariah Auditing This can be the civil remedies aspect that shapes the Bank’s key feature.

Their existence is part of the Sharia Supervision methods. One of its key tasks is always to check the Sharia compliancy in the Bank’s transactional procedures in accordance to the Fatwas issued because regard, underneath the guidanceoftheShariaSupervisor. The Sharia auditor is given the task of revising the Bank’s transactional procedures all year round to check the extent where the staff members and the several departments have got abided by regulations, tips, and Fatwas issued by the Fatwa , Sharia Direction Board, forums, , financial conferences.

As well as, assuring that every the deals that declares a right to get the Bank or an obligation for the Bank is certified by Fatwa , Sharia Oversight Board. Additionally, the Sharia Auditing submits periodic reports to the Sharia Supervisor in order to be proposed to the Fatwa , Sharia Direction Board to state what it locates appropriate in that regard. three or more. 14. a couple of Banking with shariah rules Export Transfer Bank of Bangladesh Limited is the initial bank in Bangladesh that has converted most of its operations of standard banking in shariah-based financial since July/2004.

We offer bank services for Muslims and non-Muslims alike allowing our customers choice and flexibility inside their savings and investments. Our products are approved by each of our Shariah Plank comprising of veteran Muslim scholars of our country who have are experienced in all concerns of Islamic finance. The task by which Noriba’s investments are designed and carried out allows the lender to offer a combination of Sharia complying and capital markets competence that is exceptional throughout the world.

Noriba is committed to the strict adherence for the requirements of the Sharia as a result of the Bank’s sole concentrate on Sharia-compliant purchases and the complete supervision of its lending options and deals by the Noriba Sharia Table. Noriba authorities specifically design and style each of the Bank’s investment cars with the authorization of the Noriba Sharia Plank. Once the given product or perhaps transaction has become arranged, the Noriba Sharia Board cautiously screens it for conformity before providing final authorization for its setup.

This control mechanism guarantees that all aspects of Noriba’s final products and banking transactions happen to be in faith with the suggestions of the Sharia. 3. 15 SWIFT Solutions The QUICK Service helped in sending and receiving the messages and instructions relevant to NOSTRO Account operations and L/C related matters. The banks have brought eleven of twigs under QUICK network. Additional branches will come under the network hopefully by the 2005. FAST aims to provide a prompt and efficient service to help you gain the most from our products. As a part of this services a documentation set is supplied with every product.

This Guide is a part of that paperwork set and possesses as thorough and as up-to-date a description from the product as is feasible. 3. 12-15. 1 FAST Network QUICK or the Contemporary society for Worldwide Interbank Economic Telecommunication is known as a cooperative establishment established in 1973 with a group of banking institutions to manage their particular international telecommunications activities. Right now over 2900 member financial institutions, and on a regular basis processes around three mil banking emails per day among banks in over one hundred and fifty countries all over the world own FAST. 3. 15. 2 QUICK is the rational choice for many international economical transactions

With over 5900 connections among the list of world’s significant banks, the opportunity is high that for almost any given transaction the bank you are coping with is a SPEEDY user. The SWIFT network provides features for ensuring that messages happen to be transmitted in standard, internationally accepted platforms, simplifying finalizing and permitting end to end automation of several banking transactions. SWIFT is highly secure, with elaborate systems to ensure that details remains secret, authentic and intact. With an extremely low unit purchase cost, SPEEDY is nearly constantly the most budget-friendly means of sending an international message.. 15. 3 SWIFT Communications In addition to its part as network provider, SWIFT is responsible for understanding and maintaining standards to get international banking telecommunications. Criteria are necessary to make sure that banks be familiar with messages that they can send to one another, and to allow them process emails automatically. A. SWIFT communication also contains:? Header containing the addresses of mailing and receiving banking institutions, the Communication Type, Meaning priority, Delivery Monitoring Field, Obsolescence Period, Banking Top priority.? The utilization and articles of SWIFT Message Headers and Trailers are more totally treated inside the SWIFT.

M. The advantages of SWIFT Meaning Types are:? Predictability: Depending on type of communication, the format of the communication can be predicted exactly, streamline automation.? Diversity: A specific Meaning Type is available for most financial activities. In order to use SPEEDY Message Types and the SPEEDY network, however , banks have to employ rigid controls around the ways that emails are prepared to ensure that standards will be respected and the control Header and Trailer are complete and correct. For this reason, most banks employ specialized computer programs, such as PERSONAL COMPUTER Connect, to do message preparing and control.. 16 CREDIT Network Your bank has already sailed tender in the national dailies to setup a network of 60 ATMs and 350 POS equipment. The job of ATM interfacing with the Key Banking Software is going on. Insha-Allah, by the end with this year, at least 10 ATMs may come under our very own ATM network. 3. 17 List of Branches Dhaka Split ASHUGANJ DEPARTMENT Address: Haji Zahirul Haque Munshi Shoping Complex, Ashugonj, Brahmanbaria. Mobile phone: 01713-063433 Email: [email, protected] com Fax: 08528-7456ASHULIA PART Address: Rifat Square Plaza, Jamgora, Ashulia, Dhaka. Mobile phone: 7789978, 01755-583690 Email: [email, protected] om Fax: 7789480 BANANI BRANCH Address: Kazi’s Haritage Street # 11, House # 49, Obstruct # H, Banani, Dhaka. Phone: 02-8837871-3, 8837874, 01713-040588, 01755-584939. Email: [email, protected] com Fax: 02-8837875BASHUNDHARA STREET BRANCH Talk about: KA-11/4, Bashundhara Road, Badda, Dhaka-1212. Telephone: 02-8415154, 01730-357952 Email: [email, protected] com Fax: 02-8413883 BOARD BAZAR BRANCH Address: Afzal Structure, Board Bazar, National School, Gazipur. Phone: 9293053, 01713-229344. Email: [email, protected] com Fax: 9293054DHANMONDI BRANCH Address: House # 4/A, Storyline # 4, Road # 16 (Old-27) Dhanmondi, Dhaka.

Email: [email, protected] com ELEPHANT STREET BRANCH Talk about: 218, Elephant Road, Bata Signal, Dhaka , 1205. Phone: 02-9667097-8, 01714-021767. Email: [email, protected]nkbd. com Fax: 880-2-9667267FARIDPUR PART Address: Faridpur Plaza, 12, Thana Street, Faridpur. Phone: 0631-61170, 61128, 61174. Email: [email, protected] com Fax: 0631-61182 GAZIPUR CHOWRASTA DEPARTMENT Address: Nasir Super Market(1st Floor), Chandana Chowrasta, Gazipur, Dhaka. Cellphone: 02-9263537, 9263538, 9256492, 01713-145498 Email: [email, protected] com Fax: 880-2-9256493 GULSHAN PART Address: seventy five, Gulshan Avenue, Gulshan-1, Dhaka.

Phone: 02-9862262, 9886296, 8819711, 01711-404821 Email: [email, protected] com Fax: 880-2-8818703 HEAD OFFICE CORPORATE BRANCH Address: Symphony, Plot# SE(F): 9, Road# 142, Gulshan Avenue, Dhaka. Phone: 02-8828985, 9884753, 9889567. Email: [email, protected] com Fax: 02-8828962IMAMGONJ BRANCH Treat: Haji Abdul Kader Estate, 139 Chawk Mogoltuliy, Imamgonj, Dhaka Mobile phone: 02-7315527-8, 01730-019954 Email: [email, protected] com Fax: 880-2-7315530 KARWAN TRANSACTION BRANCH Address: BGMEA Intricate (2nd Floor), 23/1 Panthapath Link Street, Karwan Bazar, Dhaka. Telephone: 02-8140204-6.

Email: [email, protected] com Fernkopie: 02-8140200KERANIGONJ DEPARTMENT Address: Rashed Iron Market, Bond Dakpara, Zinzira Freeway Road, Keranigonj, Dhaka. Telephone: 02-7763691, 02-7763692, 01730-706768. Email: [email, protected] com Fax: 02-7763692 MALIBAGH BRANCH Address: 484, DITGENE Road, Malibagh, Dhaka , 1217. Mobile phone: 02-9338578, 8319076, 01730-069695 Email: [email, protected] com Fernkopie: 880-2-9357057 MAWNA BRANCH Addresses: Kitab Ali Plaza, Mawna Chowrasta, Sreepur, Gazipur. Mobile phone: 06825 , 52359, 06825-52831, 06825-52830, 01713-099837, 01713-361833. Email: [email, protected] om Fernkopie: 06825-52359 MIRPUR BRANCH Talk about: Srayoshe Tower system, Plot # 7, Rokeya Swarani, 12 No . Bridging, Mirpur, Dhaka , 1212. Phone: 02-8054226, 8056776, 8033801. Email: [email, protected] com Fax: 880-2-8035668 MOTIJHEEL PART Address: Sharif Mansion, 56-57, Motijheel C/A, Dhaka. Telephone: 9568534, 9552800, 9568093, 9554988, 9554988, Dir-9553778 Email: [email, protected] com Fax: 880-2-9569983 NARAYANGONJ PART Address: 40, SM Maleh Road, Sattar Tower, Tanbazar, Narayangonj Cellphone: 7640213, 7640214, 01711-439385 Email: [email, protected] com Fernkopie: 7640215NAWABPUR PART

Address: 198/1, Nawabpur Highway, Dhaka , 1100 Mobile phone: 7125306, 7125307 Email: [email, protected] com Fax: 880-2-7125308 NARIA BRANCH Address: Janakallan Bipony (1st Floor), Naria Bazar, Shariatpur. Phone: 0601-59135, 0601-59136, 01730-018970, 01730-018971 Email: [email, protected] com Fernkopie: 0601-159124NEW ESKATON BRANCH Addresses: 27/1, New Eskaton Road, Dhaka. Cellphone: 02-8314159, 8314435, 9352854 Email: [email, protected] com Fax: 880-2-9349196 PALTAN BRANCH Talk about: Swadesh Structure, 41/6, Purana Paltan, Container Culvert Highway, Dhaka-1000. Cellphone: 02-9513573, 02-9513574. Email: [email, protected] com

Fax: 02-9513572PANCHABOTI BRANCH Address: Atlanta Plaza (2nd Floor), Panchaboti, Fatullah, Narayangonj. Cellphone: 02-7672807, 01730-001241 Email: [email, protected] com Fax: 02-7672806 PANTHAPATH PART Address: 19/2, West Panthapath, North Dhanmondi, Dhaka. Mobile phone: 02-8124261, 9145911, 8141764, 9102671(EXP), 9101334(IMP), 9101332(INV). Email: [email, protected] com Fax: 880-2-8126191RAJUK AVENUE PART Address: on the lookout for, D. My spouse and i. T Method, Ali Bhaban, Motijheel C/A, Dhaka- 1000 Phone: 02-9556884, 9565397, 9567115, 01713-164698 Email: [email, protected] com Fax: 880-2-9555132 SAT MASJID HIGHWAY BRANCH

Addresses: 47, Satmasjid Road, Dhanmondi, Dhaka , 1209. Cellphone: 02-8118680, 9142073, 8141249, 01730-061460. Email: [email, protected] com Fax: 880-2-8142232SAVAR BRANCH Addresses: B-71, Rana Tower, Transaction Road, Savar, Dhaka. Mobile phone: 7742883, 01755-575408. Email: [email, protected] com Fax: 7742882 SHIMRAIL PART Address: Haji Ahasanullah Grocery store, Chittagnong RD, Siddirgonj, Narayangonj. Phone: 7694672-3 (EXT. 101), 01714-038149, 01819-253283. Email: [email, protected] com Fax: 7694268SONARGAON BRANCH Address: Zohra Mansion, Mograpara, Sonargaon, Narayangonj. Phone: 0672-356103, 0672-356205, 01755-584938

Email: [email, protected] com Send: 0672-356155 UTTARA BRANCH Talk about: House # 61/A, Road # several, Sector # 4, Uttara Model Area, Dhaka. Mobile phone: 02-8919785. 8952847, 01714-041406 Email: [email, protected] com Fax: 880-2-8952838 Chittagong Division AGRABAD BRANCH Address: Mawla Chember, 6 Agrabad C/A, Chittagong. Phone: 031-727657, 727658, 2510733, 2511264, 01711-898224 Email: [email, protected] com Fax: 031-715796BAHADDARHAT BRANCH Treat: Khaza Super Market, 680/A, Arakan Road, Bahoddarhat, Chittagong. Cellphone: 031-2555056, 031-2555058, 01730031489. Email: [email, protected] com Fernkopie: 031-2555057

BASURHAT BRANCH Addresses: Jharna Searching Complex, Basurhat Bazar, Companygonj, Noakhali. Telephone: 03223-56060, 03223-56073, 01755-594105, 01755-594112. Email: [email, protected] com Fax: 03223-56575CDA AVENUE DEPARTMENT Address: Commerce View Sophisticated, 191, East Nasirabad, Chittagong. Phone: 031-652074, 657609, 01713396538 (G. W. Dept), 01730452371 (FEX Dept). Email: [email, protected] com Fax: 031-653026. CHHAGALNAIYA BRANCH Address: L. S Plaza, Matin Highway, Chhagalnaiya, Feni. Phone: 03322-78018, 01713-193388. Email: [email, protected] com Fernkopie: 03322-78188. CHOWMUHANI BRANCH

Talk about: 60/231, M. B. Road, Chowmuhani, Begumgonj, Noakhali. Telephone: 0321 , 52700, 51034, 01714-084311. Email: [email, protected] com Fax: 0321 ” 51034. COMILLA BRANCH Talk about: Goni Bhuiyan Mansion, A. K Fazlul Haque Street, Monoharpur, Comilla. Phone: 081 , 61850, 01713-396537, 01973-229330 Email: [email, protected] com Fax: 081-61722FENI BRANCH Treat: Chistiya Control Center, 308-310, S. T. K. Street, Feni. Mobile phone: 0331-74060-1, 01730-001242. Email: [email, protected] com Fax: 0331-74062 KHATUNGONJ BRANCH Address: Union Square Building, 1078, Ramjoy Mahajan Street, Khatungonj, Chittagong.

Phone: 031-615544, 610711, 2851291, 01711-898223, 01713-229384 Email: [email, protected] com Fax: 031-639080LAKSHAM BRANCH Treat: Sufia Intricate, Doulotgonj Mercado, Laksham, Comilla. Phone: 08032 , 51333, 01711-726302 Email: [email, protected] com Fax: 08032-51252 MODAFFARGONJ BRANCH Talk about: Alam Motorway Supermarket (1st Floor), Modafforgonj, Laksham, Comilla. Phone: 01730-061455, 01730-061456 Email: [email, protected] com PAHARTOLI BRANCH Talk about: Noor Jahan Tower, Alanker More, Pahartoli, Chittagong. Mobile phone: 031-2771695, 2771696, 01714-166966 Email: [email, protected] com Fernkopie: 031-750065

SHITAKUNDA BRANCH Address: KDS Strategies Building, Sonaichhori, Sitakunda, Chittagong. Phone: 03042-51093, 01713-229338. Email: [email, protected] com Fax: 031-2528900 SONAIMURI BRANCH Talk about: Mohammadia Super Market, Sonaimuri Bazar, Sonaimuri, Noakhali. Phone: 03227-51057, 03227-51058, 01711-750610, 01711-885754 Email: [email, protected] com Send: 03227-5105 THAKUR BAZAR KRISHI / SME BRANCH Address: Toffazal Hossain Chowdhury Industry, Thakur Mercado, Shahrasti, Chandpur. Phone: 08427-56873, 08427-56878, 01730-373897. Email: [email, protected] com Fax: 08427-56874 Rajshahi Section

BOGRA BRANCH Address: Sheikh Mansion, Baragola, Bogra Mobile phone: 051-60702, 60703, 60705 Email: [email, protected] com Fernkopie: 880-51-60704 RAJSHAHI BRANCH Treat: Mollah Super Market, Zero Level, Shaheb Mercado, Rajshahi. Cellphone: 0721-772004, 772005, 01730-097272. Email: [email, protected] com Send: 0721-772004 Syhlet Division BEANIBAZAR BRANCH Addresses: Zaman Plaza(1st Floor), Beanibazar, Sylhet. Telephone: 08223-56108, 08223-56109, 01730-019951, 01730-452002 Email: [email, protected] com Fax: 08223-56110 BISWANATH DEPARTMENT Address: Al Madina Intricate, Puran Mercado, Jagannathpur Road, Biswanath, Sylhet.

Phone: 08224-56219, 08224-56218, 01730-735340 Email: [email, protected] com Fax: 08224-56217 FENCHUGONJ PART Address: Samad Plaza, Fenchugonj Bazar, Sylhet. Phone: 08226-56290, 08226-56163. Email: [email, protected] com Fax: 08226-56162 GOALABAZAR BRANCH Talk about: Abdul Karim Mansion, To the south Goalabazar, Osmaninagar, Sylhet. Phone: 08242-56255, 08242-56256, 01730-735341 Email: [email, protected] com Send: 08242-56254 GOLAPGONJ BRANCH Address: Noor Mansion, Golapgonj, Sylhet. Phone: 08227-56461, 08227-56462, 01730-097268 Email: [email, protected] com Fax: 08227-56463MOULVI BAZAR PART

Address: Al-Aksha Shopping Center, Kusumbag Region, Moulvibazar. Mobile phone: 0861-63007, 63008, 01714-167459 Email: [email, protected] com Fernkopie: 0861-63009 NOBIGONJ BRANCH Treat: Bangla Tower system, Sherpur Highway, Nobigonj, Hobigonj. Phone: 08328-56526, 01730-001240 Email: [email, protected] com Fax: 08328-56528SYLHET DEPARTMENT Address: Al-Hamra Shopping Metropolis, Zinda Transaction, Sylhet. Mobile phone: 0821-724413, 0821-2831208, 01714-001964 Email: [email, protected] com Fax: 880-821-725070 Khulna Division KHULNA BRANCH Talk about: A. Hossain Plaza 5, Sir Iqbal Road, Khulna. Phone: 041-2831470-2, 01730-018183

Email: [email, protected] com Fax: 041-2831473JESSORE DEPARTMENT Address: thirty seven, M. K. Road, Jessore. Phone: 0421 , 67980-2, 01713-400273. Email: [email, protected] com Fernkopie: 0421-67983 KUSHTIA BRANCH Address: Rajob Ali Market, 152, N. S i9000. Road, Kushtia. Phone: 071-71625, 73866, 71526. Email: [email, protected] com Fax: 071-61158BARISAL BRANCH Addresses: 105, Nasim Biswash Lane, Sadar Street, Barisal. Cellphone: 0431-2177080, 2177081, 01714-178882. Email: [email, protected] com Fax: 0431-63767 DINAJPUR BRANCH Address: Northern Plaza, Goneshtola, Dinajpur. Phone: +880-531-61880, Email: [email, protected] com

Fax: +880-531-61770. RANGPUR BRANCH Address: 268, Shah Arahan Shopping Complicated, Jahaj Company More, Train station Road, Rangpur. Phone: 0521 -61214, 0521- 61215 Email: [email, protected] com Fernkopie: 0521 -61214 Chapter 04 Theoretical Part of Credit Managing and Credit Policy 5. 1 Definition of Credit Insurance plan Policy includes projected alternative. EXIM Financial institution has its own plan granting credit although credit is always an issue of common sense applying practical in the light of one’s knowledge. A sound credit insurance plan includes many other things safety of funds invested vis-a-vis profitability of the financial institution.

Encouraging maximum number of tiny loans surpasses concentration in a particular type of advances, which ensures adequate liquidity with least prevalence of debt. It has to be borne in mind which a good mortgage allowed to an adequately selected customer is fifty percent collected. Help to make a good mortgage there really should have a good mortgage policy. 4. 1 . 2Purposes of Credit Policy There are a few objectives behind a drafted credit coverage of Uttara Bank which might be as follows:? To get a guideline to get giving mortgage.? Prompt respond to the customer need.? Shorten the process of supplying loan. Reduce the volume of work from best level administration.? Delegation of authority of from top rated level of managing.? To check and balance the operational activities 4. 1 . 3 Ingredients of a Credit rating Policy Among questions that should arise within a discussion of credit rating is whom should produce the policy. Although the supreme responsibilities put at the maximum level inside the organization i. e. the board of directors. Yet the actual composing shall must be done by the senior financing office in consultations with the chief executive officer and with contribution from senior officers, acquaintances and subordinates.

Obviously the amount of origin will vary with the size and structure of the corporation. The matter in that case referred to the board intended for approval after careful examination consideration and discussion. some. 1 . some Essential Pieces of a Appear Credit Plan There can be several variations based upon the requires of a particular organization, although at least the following areas should be covered in any comprehensive statement of credit coverage and EXIM Bank’s policy also addresses these areas: 1 .

Legal consideration: The bank’s legal lending limit and other restrictions should be established to avoid inadvertent violation of banking rules. 2 . Delegation of power: Each individual authorized to extend credit should know precisely how much and under what conditions she or he may dedicate the bank’s funds. These authorities needs to be approved, at least yearly, by drafted resolution of the board of directors and kept current at all times. three or more. Types of credit expansion: One of the most substances parts of financing is a delineation of which types of loans are satisfactory and which type are not.. Pricing: In any income motivated effort, the price being charged pertaining to the goods or services rendered is of very important without this, individuals possess few recommendations for quoting retag or fees, plus the variations caused by human nature will be a source of buyer dissatisfaction. a few. Market Location: Each lender should establish its proper market place, based upon, many other things, the size and sophistication of its firm its capital standpoint, defining one’s market area is most likely more important inside the lending function than in some other aspect of banking. 6.

Loan Standard: This can be a definition of the types of credit rating to be expended, wherein the qualitative standards for appropriate loans are set forth. 7. Credit Allowing procedures: This subject may be covered in separate manual, and usually is larger banks. At any rate, it should not become overlooked mainly because proper techniques are essential in loan developing policy and standards. Without proper procedure for approving credit and constant policing to ensure that these kinds of procedures happen to be meticulous carried out, the best conceptualized loan policy will not function and inevitable, problems will develop. 4. 1 . 5 Loaning Guidelines

Because the bank contains a rate of non-performing loans. Banks risk taking utilized should be covered and our focus ought to be to maintain a credit collection keeping in mind of bank’s capital adequacy and recovery strength. Thus bank’s strategy will probably be invigorating mortgage processing actions including discovering, measuring, that contains risks and also maintaining an equilibrium portfolio through minimizing loan concentration, stimulating loan diversity, expanding wide array of products, streamlining protection, insurance etc . as barrier again unforeseen cash flow. 5. 1 . 6th Focus on Industry and Business Segment

Sector segment targets Textile, Pharmaceuticals, Agro-based, Foodstuff and of that ilk, Telecommunication, Power generation and distribution, Healthcare, Entertainment Services, Chemicals, Transfer, Infrastructure expansion, Linkage market, Information technology, Ceramics, Others while decided from tome to time. And business section focuses on Circulation, Brick field, Rice mill/ flour mill/ oil generator, Work order, Yarn trading, Cloth vendor, Industrial spares, Hardware, Electronic digital and electric powered goods, Building materials, Fish trading, Grocery store, Wholesale/ full, Others as dedicated from time to time. 1 . 7 Types of Credit Services: Bank is going for? Term financing for brand spanking new project experienced BMRE of existing projects (large, moderate, SME).? Seed money for sectors, trading services and others (large, medium, SME).? Trade finance for transfer and export? Lease fund? Small financial loan for investors, micro organization and other effective small enterprise.? Consumer finance? Fee organization 4. a couple of Credit Management As EXIM bank is providing credit facility out of its total available cash, it has to manage these credit very proficiently.

An efficient credit management system consists many things and this cover the pre-sanction actions to post-sanction activities. Credit management is very important as it helps the banking institutions and banking institutions to understand numerous dimensions of risk linked to different credit rating transactions. On the pre-sanction stage, credit supervision helps the sanctioning authority to decide whether to provide or never to lend, what should be the financial loan price, what should be the degree of direct exposure, what need to be the appropriate credit facility, precisely what are the various services, what are the different risk mitigation tools that will put a cap on the risk level.

In the post-sanctioning stage, the bank may decide regarding the depth of the review of renewal, rate of recurrence of assessment, periodicity from the grading, and also other precautions to be taken. Having considered as the significance of credit risk, it becomes very important for the banking program to cautiously develop credit management. That is why, the bank can be maintaining a division which can be well-known because credit division. 4. installment payments on your 1 Means of Credit Management

Credit Management Policy for just about any commercial bank must have been prepared relative to the Insurance plan Guidelines of Bangladesh Bank’s Focus Group on Credit and Risk Management with some changes to meet particular bank’s interior needs. Credit management should be organized in this process that the bank may minimize its losses pertaining to payment of expected dividend to the investors. The purpose of this technique is to present directional recommendations that will improve the risk management traditions, establish bare minimum standards intended for segregation of duties and responsibilities, and assist in the ongoing improvement of concerned financial institution.

The guidelines to get credit supervision may be arranged into the next sections: 4. 2 . 2Policy guidelines a. Lending recommendations b. Appraisal of creditworthiness and risk grading c. Approval authority d. Segregation of responsibilities e. Inner control and compliance 5. 2 . 3 Program recommendations a. Authorization process b. Credit supervision c. Credit monitoring m. Credit restoration Now the guidelines are talked about in the pursuing: 4. 2 . 4 Insurance plan guidelines a. Lending rules: The lending guidelines range from the following:? Market and Business Segment Concentrate Types of loan establishments? Single borrowers/ group limits/ syndication? Financing caps? Disheartened business types As a minimum, the followings are discouraged: oMilitary equipment/ weapons finance oHighly leveraged ventures oFinance of speculative assets oLogging, vitamin extraction/ mining, or different activity that is ethically or environmentally sensitive oLending to companies shown on CIB black list or known oCounter get-togethers in countries subject to ALGUN sanctions oLending to keeping companies. b. Credit Assessment and Risk Grading:

A thorough credit and risk assessment must be conducted before the granting of loans, and at least every year thereafter for a lot of facilities. Credit rating Applications should certainly summaries the results with the risk evaluation and include, as a minimum, the following specifics:? Environment or perhaps social risk inputs? Volume and sort of loan (s) proposed? Purpose of loans? Bank loan structure ( tenor, contrat, repayment schedule, interest)? Protection arrangement? Any other risk or issue? Risk triggers and action plan-condition prudent, and so forth

Risk is graded according to Lending Risk Analysis (LRA), Bangladesh Bank’s Guidelines of classification of loans and advances. c. Approval Authority: Approval authority may be because the following:? Credit approval power has been assigned to Department Manager, Credit Committee by the MD/ Board? Delegated acceptance authorities should be reviewed each year by MD/ Board. MD/ Board:? Home loan approvals must be confirmed in writing. Endorsement records must be kept on record with credit application? The aggregate contact with any debtor or credit group can be used to determine the approval authority necessary. Any credit proposal that will not comply with Lending Guidelines, regardless of amount, ought to be referred to Hq for approval. d. Segregation of Duties: Banks will need to aim at segregating the following loaning function:? Credit approval/ risk management? Relationship management/ marketing? Credit rating administration electronic. Internal Control and Conformity: Banks should have a segregated internal audit/ control division charged with conducting audits of all twigs. 4. 2 . 5 Plan guidelines a. Approval procedure: The following plan illustrates among the the approval procedure: b. w.

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