Chapter 1

Introduction:
Bangla Bank Limited (the Bank) is a scheduled commercial bank. The Bank
was established under the Bank Companies Act 1991 and incorporated as a
public limited company under the Companies Act 1994 in Bangladesh with
the primary objective to carry on all kinds of banking business in
Bangladesh. The Bank is listed with Dhaka Stock Exchange Limited and
Chittagong Stock Exchange Limited.
DBBL- a Bangladesh European private joint venture scheduled commercial
bank commenced formal operation from June 3, 1996.

Mission:
Dutch-Bangla Bank engineers enterprise and creativity in business and
industry with a commitment to social responsibility. "Profits alone" do not
hold a central focus in the Bank's operation; because "man does not live by
bread and butter alone"

Vision
Dutch-Bangla Bank dreams of better Bangladesh, where arts and letters,
sports and athletics, music and entertainment, science and education, health
and hygiene, clean and pollution free environment and above all a society
based on morality and ethics make all our lives worth living. DBBL's
essence and ethos rest on a cosmos of creativity and the marvel-magic of a

charmed life that abounds with spirit of life and adventures that contributes
towards human development

Core Objectives
Dutch-Bangla Bank believes in its uncompromising commitment to fulfill its
customer needs and satisfaction and to become their first choice in banking.
Taking cue from its pool esteemed clientele, Dutch-Bangla Bank intends to
pave the way for a new era in banking that upholds and epitomizes its
vaunted marques "Your Trusted Partner".
Dutch

Chapter # 2
Theory aspect of Ethics and Business Ethics
Ethics:
A Branches of philosophy
Deals fundamentally with the rules of Human Conduct from Moral
point of view ( Whether it is in Business, politics or private life)
Explains why some behavior is morally good or praise worthy and
why another behavior.

Philosophy:
Different Meanings of Philosophy:
i.

Philosophy is a Love of knowledge. Two Greek words philos ,

Sophia

Philos-love & sophia- knowledge. So philosophy is a love of knowledge.

2

ii.

Philosophy is an activity.
A mental activity of thinking about life.
Not a panacea for the problems for the men but emerges out of life.

iii.

Philosophy is a comprehensive picture of the universe.

Offer an organized and systematic knowledge of the universes.
Science of all science.

iv.

Philosophy is guide.
Offers a design for living.
Examples: Muslim philosophy, Hindu philosophy, Buddhism, etc

Philosophy practice in Dutch Bangla Bank Limited

Moral perspective:
There are many moral philosophies & each one is complex. The
most common and basic concepts & philosophies win be discussed which
are needed to help one understand the ethical decision making process in
Dutch Bangla Bank Limited in Bangladesh.

The different types of moral philosophies:

The Dutch Bangla Bank Limited follows the three types of moral
philosophies such as
1. Teleology
2. Deontology
3. Relativist

Teleology:
It refers to moral philosophies in which an act is ~6i~dered morally right or
acceptable if it produces some desired results for example pleasure,
knowledge, career growth, realization of self- interest, or utility. It assess the
moral worth of behavior by looking at its consequences. It refers to those
theories as consequentially. The two most important teleology philosophies
that often guide decision making in business are Egoism and Utilitarianism.

Egoism:
It defined right or acceptable actions or behavior as those that
maximize a particular persons self interest as defined by individually of
Dutch Bangla Bank Limited.

Utilitarianism:
It as defines right or acceptable actions behavior as those that
maximize total utility or the greatest good for the greatest number of people.

Deontology:
It refers to moral philosophies that focus on right of individual & on
the intentions which are associated with a particular behavior rather than on
its consequences. The fundamental to Deontological theory is the idea that
equal respects most be given to all persons. The Deontologists believe that
there are something which one should not do even if it maximizes the utility.
Deontological philosophies regard certain behaviors as inherently right and
the determination of rightness focuses on the individual actor not society,
thus these perspectives are sometimes referred to as non-consequential,
ethical formalism, and the ethics of resects for persons.
4

Relativist perspective:
It evaluates ethicalness subjectively on the basis of individual &
group experiences. The relativist uses themselves or the people around as
their basis for defining ethical standards.
The relativist observes the action of members of some relevant group and
attempts to determine the group consensus on a given behavior.

Business Ethics:
The concept has come to mean various things to various people,
but generally its coming to know what it right or wrong in the workplaces
and doing what right this is in regard to effects of products or services and
in relationships with stakeholders. Business ethics is now a management
discipline. Business ethics has come to be considered a management
discipline, especially since the birth of the social responsibility movement in
the 1960s.
Business ethics is a form of the art of applied ethics that examines ethical
rules and principles with in commercial context, the various moral or ethical
problems that can arise in a business setting any special duties or obligation
that apply to persons who are engaged in commerce.
Business ethics has two board areas one is, Managerial mischief and other is
Moral mazes.

Managerial mischief:
It includes illegal, unethical, or questionable practices of
individual managers or organizations, as well as the cause of such behaviors
5

and remedies to eradicate them. There has been a great deal written about
managerial mischief, leading many to believe that business ethics is merely a
matter of preaching the basics of what is right or wrong. More often, through
business ethics is matter of dealing with dilemmas that have no clear
indication of what is right or wrong.

Moral mazes:
The other broad area of business ethics is moral mazes of
management and includes the numerous ethical problems that managers
must deal with on a daily basis such as potential conflicts of interest,
wrongful use of resources mismanagement of contract and agreement etc.

Ethics, Etiquette and Morality:

The terms ethics, etiquette and morality have been widely used
in the study of business ethics. There are two extremes of thinking in this
regard. One school suggests there is hardly any difference between hems.
Another extreme is of the opinion that they are not synonymous in the
applied sense of the term. We now discuss their differences.
Garret Thomas says that ethics is concerned primarily with the relationship
of business goals and objectives to specifically human ends. It studies the
implications of acts on the goods on the individuals, the firms, the business
community and the society. Thus business ethics studies the special
obligations which a man accepts when he becomes a part of business. For
example, philosophical, ethics, religious ethics, social ethics, business ethics
and above all normative and professional ethics.

Morality on the other hand, is concerned with establishing and maintaining

relationship amoung employers and employees, producers, clients and
competitors, firms and government and so on. Some say that morality is a
term used to cover those practices that are considered right or wrong. It also
refers to the understanding of value that are embedded, fostered and pursed
by those practices. The means, morality teaches how human treat each other
to promote welfare, growth and development. Examples of common
morality include respect for others, mutual assistance, restraint on arming
others, mutual cooperation team, spirit, fraternity, fellow feeling and the like.
Finally etiquette refers to any special code of behavior or courtesy in our
society. For example, it is considered bad etiquette to talk loudly in front of
seniors. Also it is thought of good to respond someones help by saying
Dhonnobad. Good business etiquette typically calls writing follow up
letters after meetings, returning phone calls and dressing in official attire.

Corporate Social Responsibility

Corporate social responsibility in business refers to an organization, to
obligation to maximize its positive impact on society and to minimize its
negative impact.

Carrolls pyramid of corporate social responsibility:

The Dutch Bangla Bank is following the Carrolls pyramid of
corporate social responsibility. This pyramid is following:
PHILANTHROPIC
Responsibilities
7

Be good corporate citizen

Contribute resource
To the community; Improve quality of life
ETHICAL
Responsibilities
Be ethical
Obligation to do what is right; just & fair
Avoid harm

LEGAL
Responsibilities
Obey the law
Law is societys codification of right or wrong
Play by the rules of the game
ECONOMIC
Responsibilities
Be profitable
The foundation upon which all others rest

Source: Archie B. Carroll the pyramid of corporate social responsibility

Towards the moral management of organ stakeholders Business Horizons,
July-Aug, 1991.

Chapter # 3
3. Profiles
3. A)

of Dutch Bank Limited:

Management Aspects:
Management Setup

Name

Designation

Division

Mr. Md. Yeasin Ali

Managing Director
Mr. A. H. M. Nazmul Additional Managing
Quadir
Director
Deputy Managing
Mr.K. Shamsi Tabrez
Director
(Administration)
Deputy Managing
Mr. Ghulam Kabir
Director (Operation)
Mr. Muhammad
Senior Executive Vice
Credit Division
Shahidul Islam
President
Mr. Abul Kashem Md. Senior Executive Vice
Information
Shirin
President
Technology Division
Mr. Khan Tariqul Senior Executive Vice
Accounts Division
Islam
President
Mr. Khan Tariqul
Company Secretary
Board Secretariat
Islam
Executive Vice
Credit Monitoring &
Mr. Ali Ahmed Dewan
President
Recovery Division
Executive Vice
General Service
Mr. Ali Ahmed Dewan
President
Division
Mr. Moyen Uddin
Executive Vice
Card Division
Ahmed
President
Mr. A. K. M. Shah
Marketing &
Senior Vice President
Alam
Development Division
Mr. A. K. M. Shah
Treasury Division
Senior Vice President
Alam
(Front Office)
Mr. Abul Munim
Corporate Banking
Senior Vice President
Khan
Division
Credit Administration
Mr. Iqbal Amin
Senior Vice President
Division
Mr. Md. Shams-uddin Senior Vice President
Human Resource
10

Ahmed

Division
Internal Control &
Mr. Md. Harun Azad Senior Vice President
Compliance Division
Mr. Md.
Retail Banking
Vice President
Kamruzzaman
Division
International Division
Mr. Hossain Akhtar
Vice President
(Treasury Back
Chowdhury
Office)

3. B) Financial Aspects:
Working capital financing requirements
Types of loan facilities under corporate banking facilities are as follows
1. Credit line
2. Invoice Finance
3. Trade finance
4. Overdraft facilities
5. Account facilities
6. Multiproduct loan facility
7. Loans for checks submitted for collection, for payment orders &
discounting of promissory notes.
8. Loans for (pre) financing exports
9. Agricultural loans
11

Term loans
1. Commercial Mortgage
2. Fixed Rate Loans
Equity Financing
Structured Finance
1. Debt venture
2. Leveraged Finance
3. Project & export finance
4. Energy 5. Housing finance
6. Infrastructure
7. Mining and Metals
8. Syndications
Corporate & Institutional Services
1. Credit Research
2. Long term Instruments
3. Money markets operations
4. Research
Trade services
1. Purchase
2. Guarantees
3. Letters of Credit

12

Large Corporate Groups who wish to centralize the management of capital,

who has a strong demand in real-time consistency between corporate
financial information and Bank's account, who place importance in
working efficiency and have installed financial software system. Our
lending solutions are customized to cover the financing gaps of the
companies thus enabling them to have the necessary liquidity to
manage daily operations or to complete their investment plans

3.C) Marketing Aspect:

DBBL's ATM:
You can find DBBL ATMs beside your home, in your office premise, nearby
market, kacha bazar, university, college & school premises, Airport, Railway
stations etc., throughout the country. All the ATMs can accept DBBLNEXUS ATM / POS card, DBBL-Maestro/Cirrus Debit card and DBBL
Credit card

Account balance enquiry

Cash withdrawal 24 hours a day, 7 days a week, 365 days a year

Cash deposit to a certain number of ATMs any time

Mini statement printing

Statement request

PIN (Personal Identification Number) change

Request for Cheeks Book

Fund transfer within your own accounts

Payment of mobile/T&T phone, Gas, Electricity, Water, Internet,

Credit Card bills from your savings/current account
13

Payment of School/College/University fees by debiting your

savings/current account

Purchase of activation number for Mobile/ Internet pre-paid cards

Credit facility: DBBL Credit Card offers you free credit facility up-to 45
days & minimum 15 days without any interest,. You can also pay 8.33% of
your billing amount or current dues every month and thus have the
flexibility to plan your payments.
Saving Account: It is a sound saving for retail customer. We give the major
facilities and services to out customer through 77 branches allover in
Bangladesh with our skilled manpower.
Minimum balance: Taka 5, 00/Interest Rate: Yearly 5.50 %
Current Deposit Account: Our current account meets the needs of
individual and commercial customers through our schedule benefit.
Minimum balance Taka 5, 00.00
Interest Rate: Nil
Fixed Deposit Receipt:
Period of Scheme:
Can be opened for a term of 1 month, 3 months, 6 months or 12 months.
Installment size: Any handsome amount.
Resident Foreign Currency Account: Specially designed foreign currency
account for resident Bangladeshis .Offers wonderful opportunity to build a
deposit base in foreign currency. Helps make payment for overseas
commitments and dues like credit card bills, traveling expense etc.
Payment Mode: Entire financed amount along with interest and charges
would be recovered by equal monthly installments.
14

Lease Deposit: A minimum deposit equivalent to 3 (three) months lease

rentals is required which shall be refunded/adjusted on expiry of the lease
term.
Insurance: Have to take insurance coverage on bank stipulated insured
value for the entire lease term at own cost (Year to year basis).
Maintenance: Have to maintain the leased items in usable condition
throughout the whole lease period at cost; and shall be solely responsible for
any damage or loss although insurance will cover most of the abnormal
risks.
Prompt Service: Process of appraisal and documentation is simple and
faster as compared to those of other financial institutions, which ensure
quicker disbursement.
Off-Balance Sheet Facility: can acquire the asset for use without recording
the lease obligations as liability in books of accounts since the CBL owns
the asset. This will improve financial performance as will be revealed from
financial ratio analysis.
Tax Benefit: Organization will enjoy more tax benefits, as payments of
lease rentals by are entirely revenue expenditure and thus deductible for tax
purposes.
Sales Aid Device: If a Manufacturer/ Dealer, may utilize leasing as a sales
promotion tool for achieving sales target.
On-line banking: All branches under online banking system will be able to
do banking practices using a common server (which is centralized) from
where only the branches will be able to enter using a common password.
Internet Banking: Any one including any client or any branch from any
direction will be able to enter in the system to do banking transactions.
Internet Banking Services: Check account balance
15

Take print out of account statement for a particular period

Transfer fund within your own account
Make payment of mobile phone bill
Recharge your mobile phone as well as others from your account
Enquire foreign exchange rate
Enquire currency exchange rates.
Acquire information on all our products.
Every transaction report will be sent to clients e-mail account.
Can change the password, pin code and respective mobile number (GP &
City Cell).
SMS Push service: When any amount is debited or credited from clients
account then within 5-10 seconds he will get a message. The message
includes the beginning balance, the amount debited or credited and the last
balance. This facility is only available for Grameen Phone and City cell
subscribers.

SMS Pull service: Every registered Grameen Phone and City cell
subscribers can check their account balance through this
service. They can get a mini statement of last five transactions
of their account.
Monthly Benefit Plus
MB+ is a 5-year scheme that lets the customer earn monthly benefit of Tk.
850/- or its multiple by minimum initial deposit of Tk. 100,000 or its
multiple. Features of this product are: MB+ is a 5-year scheme that lets the
16

customer earn monthly benefit of Tk. 850/- or its multiple by minimum

initial deposit of Tk. 100,000 or its multiple. Features of this product are:
One can start with the MB+ deposit scheme by depositing Tk. 100,000
initially or its multiple for 5 years and after maturity the deposited principal
amount is refundable.

Monthly interest is transferred automatically to the Savings Account.

Deposit and monthly payment matrix
Deposit amount (In Taka)
100,000
200,000
300,000
400,000 & onwards
100,000

Monthly interest amount

850
1700
2550
3400 & onwards
850

Chapter# 04
Ethical practice in Dutch Bangla Bank Limited:
The ethos of DBBL for pursuing its activities in social arena has got further
momentum with your enthusiasm and support. Dutch-Bangla Bank
Foundation (DBBF) is consistently pursuing its objective of being active in
those social areas where it is needed most. The Foundation carries out
diverse social and philanthropic activities in the field of education, health,
conservation of nature, creation of social awareness, rehabilitation of
distressed people and such other programs to redress human sufferings. It
also promotes different socio-cultural and sports activities. Your Board of
17

Directors in order to discharge its corporate social responsibilities in a

greater perspective continued its contribution amounting to 5.00% of Bank's
profit after charging loan loss provision to Dutch-Bangla Bank Foundation
(DBBF).
It is important that citizens of a society enjoy the full benefits that society
offers. A society, in turn, flourishes when its citizen can contribute their
fullest potential. The well-being of individuals is jeopardizing when normal
developmental processes are interrupted by personal crisis, poverty,
unemployment, poor health and inadequate education. Dutch-Bangla Bank
Limited (DBBL) is the first Bangladeshi-European joint venture bank in
Bangladesh addresses social concerns that threaten the structure of society
and redress social conditions that adversely affect the well-being of people
and society. DBBL practice thus encompass the professional activities of
helping individuals, families, groups, organizations, and communities to
enhance or restore their capacity for optimal social functioning and of
.creating societal conditions favorable to this goal. Dutch-Bangla Bank
Foundation (DBBF) was established on 3rd June, 2001 to perform
humanitarian works like rehabilitation of the destitute and neglected portion
of the society especially grassroots level poor in right track. Aim and
objectives of DBBF are as bellow.

Aim an Dutch-Bangla Bank Foundation has adopted various programs to

make fruitful the aims and objectives
Health
Education
18

Information Technology
Disaster
Donation
Recognition for DBBL's CSR

Health
DBBL distributes the Treatment Cards to 50 HIV/AIDS
positive patients
HIV/AIDS Assistance ProgramSmile Brighter Program/Support
to ACID & Dowry Victims
Vesico Vaginal Fistula (V.V.F) operation to improve women
reproductive health
DBBL donates a DNA detection machine to Bangabandhu
Sheikh Mujib Medical University
DBBL has donated an amount of Tk. 9.36 core to Diabetic
Association of Bangladesh
DBBL stands by disabled and underprivileged children
DBBL has donated an Endoscope machine to National Medical
College & Hospital
DBBL Smile-Brighter program starts in Dhaka City
DBBL provides medical supports to HIV/AIDS patients
DBBL has organized a 4 day-long plastic surgery operation in
Faridpur

DBBL distributes the Treatment Cards to 50 HIV/AIDS

positive patients

19

As a part of Corporate Social Responsibility, Dutch-Bangla Bank Limited

has been extending medical facilities and other support to 50 HIV positive
patients since 2004. In continuation of this program, DBBL organized a
Treatment Card distribution program among the HIV positive patients on
June11, 2007 in Hotel Purbani International, Dilkusha, and Dhaka. Major
General (Rtd.) Dr. ASM Matiur Rahman, Honorable Advisor, Ministry of
Health & Social Welfare, Water Resources and Religious Affairs, Govt. of
the Peoples Republic of Bangladesh was present as the chief guest and
distributed the Treatment Cards to 50 HIV/AIDS positive patients while
Mr. Md. Yeasin Ali, Managing Director of the bank presided over the
function. WProfessor Nazrul Islam, Head of Virology Department,
Bangabandhu Sheikh Mujib Medical University (BSMMU) and Dr. Md.
Shahzahan Biswas, Director General (Health Services), Health Directorate
were present as special guests. Among others, Mr. K. S. Tabrez, Deputy
Managing Director (Administration), Mr. Ghulam Kabir, Deputy Managing
Director (Operation) and Senior Executives of the bank were also present at
the

function.

20

DBBL donates a DNA detection machine to Bangabandhu

Sheikh Mujib Medical University:
Dutch-Bangla Bank Limited (DBBL) donated a DNA detection machine at a
cost of Tk. 50.00 lack to Bangabandhu Sheikh Mujib Medical University
for setting-up a Genetic Laboratory to prevent Thalassemia Syndrome in
the country. The Chairman of Dutch-Bangla Bank Foundation Mr. M.
Shahabuddin Ahmed unveiled the plaque of the Genetic Laboratory at
Pediatric Hematology & Oncology Department of Bangabandhu Sheikh
mujib Medical University on June 03, 2006.

DBBL has donated an amount of Tk. 9.36 core to Diabetic

Association of Bangladesh
As a part of Corporate Social Responsibility, Dutch-BangIa Bank Limited
has donated an amount of Tk. 9.36 core to Diabetic Association of
Bangladesh Mr. M. Saifur Rahman, Honorable Minister for Finance &
Planning, Government of the People's Republic of Bangladesh was present
as the Chief Guest and handed over the Letter of Commitment of DBBL to
Professor A.K. Azad Khan, Secretary General of Diabetic Association of
Bangladesh for modernization and expansion of lbrahim Cardiac Hospital
& Research Institute at a simple ceremony held at Dhaka Sheraton Hotel
on September 24, 2006. Dr. Salehuddin Ahmed, Governor, Bangladesh Bank
and Md. Yeasin Ali, Managing Director of Dutch-Bangla Bank Limited were
present at the function.

DBBL stands by disabled and underprivileged children

21

Dutch-Bangla Bank Limited has extended financial assistance amounting to

Tk. 18.5 lack to 17 NGOs engaged in rehabilitation of the disabled children
of Bangladesh. Mr. Md. Yeasin Ali, Managing Director of the bank handed
over the payment orders to the representatives of the organizations at a
simple ceremony held at the Banks Training Institute on June 05, 2006.

DBBL has donated an Endoscope machine to National Medical

College & Hospital
Dutch-Bangla Bank Limited (DBBL) donated Tk. 15.00 lack for purchasing
a Video Endoscope Machine to National Medical College & Hospital.
Mayor of Dhaka City Corporation Mr. Sadek Hossain, MP, received a
payment order of Tk. 15,00 lack in favor of National Medical College &
Hospital from Mr. Md. Yeasin Ali, Managing Director of Dutch-Bangla
Bank Limited at a simple ceremony held at National Medical college
Hospital on June 10, 2006.

DBBL Smile-Brighter program starts in Dhaka City

Under the DBBL Smile-Brighter program, Dutch-Bangla Bank has
organized a plastic surgery operation campaign at banks own cost in Dhaka
City for the poor cleft-lipped boys and girls to bring back the endearing
smile on their faces. The 4 day long operation campaign started at South
View Hospital at Mirpur of the city on June 11, 2006 and will continue till
June 14, 2006. A plastic surgery team consisting of eight members headed
by eminent plastic surgeon Dr. A. J. M. Salek has been conducting the
operation.

DBBL provides medical supports to HIV/AIDS patients

22

Dutch-Bangla Bank Limited organized a program for providing medical

supports to the HIV positive patients at Hotel Purbani International,
Dilkusha, and Dhaka on June 22, 2006. Major General (Rtd.) Dr. ASM
Motiur Rahman, Chairman, Technical Sub Committee, National AIDS
Committee was present as the chief guest and distributed the Treatment
Cards to 50 HIV/AIDS positive patients while Mr. Md. Yeasin Ali,
Managing Director of the bank presided over of APON a volunteer
organization working with addicted street children of the country the
function. Brother Ronald Drahozal, CSC, Executive director also spoke as
Special Guest

DBBL has organized a 4 day-long plastic surgery operation in

Faridpur
Under the DBBL Smile-Brighter Program, Dutch-BangIa Bank Limited
organized a 4 day-Iong plastic surgery operation, during September 06 09,
2006 in Faridpur for the poor cleft-lipped boys and girls at the bank's own
cost to bring back enduring smile on their faces. The operations were
performed at Faridpur Diabetic Association Hospital by a surgery team
header by eminent plastic surgeon Prof Dr. A.J.M. Salek. Managing Director
of the Bank Mr. Md Yeasin Ali and Medical Consultant of Dutch-Bangla
Bank Limited Dr. Mozammel Hossain Khan are seen to visit two cleft-lipped
patients just after operation.

Education
DBBL has awarded scholarship to 200 meritorious and needy
students
23

 Scholarship program for the meritorious and needy students

Blind Education and Rehabilitation Organization (BERDO)
DBBL donates books for Bangabandhu Sheikh Mujib Medical
University
DBBL has donated a Pick-up Van to Bangladesh Agricultural
University
DBBL has donated books for Dhaka University Central Library
DBBL awards scholarships to the meritorious and needy Students
International Mathematical Olympiad-2006
DBBL has awarded scholarship to 200 meritorious and needy
students

DBBL has awarded scholarship to 200 meritorious and needy

students
Under the DBBL-Scholarship Program, Dutch-Bangla Bank Limited
awarded scholarship to 200 meritorious and needy students including 10
physically challenged students who passed HSC Examination in 2006 and
studying at graduate level in different universities/colleges of the country.
Dr. A. B. Mirza Md. Azizul Islam, Honorable Adviser, Ministry of Finance,
Planning, Commerce and Post & Telecommunication, Govt. of the Peoples
Republic of Bangladesh was present as the Chief Guest and gave away the
Scholarship Awarding Letters to the recipients at a simple ceremony held
at Osmani Memorial Auditorium, Dhaka on June 17, 2007. Mr. Md. Yeasin
Ali, Managing Director of Dutch-Bangla Bank Limited presided over the
function. The Chief Guest, Managing Director and Additional Managing
24

Director Mr. AHM Nazmul Quadir are seen with the scholarship awardees in
the picture.

DBBL donates books for Bangabandhu Sheikh Mujib Medical

University
Dutch-Bangla Bank Limited (DBBL) donated Tk. 15.00 lack for purchasing
academic reference books for Bangabandhu Sheikh Mujib Medical
University (BSMMU). The Managing Director of Dutch-Bangla Bank
Limited Mr. Md. Yeasin Ali handed over a payment order of Tk. 15.00 lack
to Professor M. A. Hadi, Vice Chancellor of BSMMU held on June 8, 2006
at the latters office in a simple ceremony

DBBL has donated a Pick-up Van to Bangladesh Agricultural

University
Dutch-Bangla Bank Limited has donated a Toyota Hi-Lux Pick-up Van to
the Department of Crop Botany of Bangladesh Agricultural University
(BAU). Mr. Md. Yeasin Ali, Managing Director of the bank handed over the
Key of Pick-up van to Professor M. Amirul Islam, Vice Chancellor of BAU
at a simple ceremony held at Banks Head Office, Dhaka on June 7, 2006.
25

DBBL has donated books for Dhaka University Central

Library:
Under the DBBL-Scholarship Program, Dutch-Bangla Bank Limited
awarded scholarship to 150 meritorious and needy students including 6
Blind students who passed HSC Examination in 2005 and studying at
graduate level in different Universities/Colleges of the country. Dr.
Fakhruddin Ahmed, Managing Director, Palli Karma Sahayok Foundation
(PKSF) was present as the Chief Guest and gave away the
Scholarship Awarding Letters to the recipients at a simple ceremony held
at Osmani Memorial Auditorium, Dhaka on June 27, 2006. Mr. Md. Yeasin
Ali, Managing Director
Of Dutch-Bangla Bank Limited presided over the function.

International Mathematical Olympiad-2006

Dutch-Bangla Bank - Prothom Alo and Bangladesh Mathematical Olympiad
(BMO) committee jointly organized the International Mathematical
Olympiad-2006 on July 8, 2006. Managing Director of Dutch-Bangla Bank
Md Yeasin Ali speaks at a reception ceremony for the Bangladesh team
members who will take part in the 47th International Mathematical
Olympiad. General Secretary of BMO committee Munir Hasan, Vice
President Prof. Dr. Zafar Iqbal, Joint Editor of Prothom Alo Abdul Quaiyum
and presents of the contestants were present on the occasion.

Information Technology

26

Dutch-Bangla Bank Limited (DBBL) undertakes a project with BASIS

(Bangladesh Association of Software and Information Services) to award the
best IT uses by Bangladeshi companies.
DBBL and BASIS organized IT award-giving ceremony in this regard. The
award Ceremony was held on 30th November 2005, which was the day
before last day of BASIS SOFfEXP02005 (November 27-December 01,
2005). This was a gala evening (with dinner and cultural program) attended
by around 700 dignitaries including government high officials & policy
makers, corporate heads, representatives from development agencies, IT
policy makers, academicians and the IT industry members.
In this regards, DBBL's contribution in supporting this event was 50% of the
estimated cost with Tk. 6.25 Lac.

Disaster
DBBL has donated Tk. 25 lack for the victims of devastating
landslides in Chittagong
Mr. Md. Yeasin Ali, Managing Director of the Bank handed over a Payment
Order of Tk. 25.00 lack (Taka Twenty Five Lac) to the Honorable Adviser
Major General (Rtd.) M. A. Matin at Chittagong Circuit House on June 13,
2007 for victims due to a devastating landslides following torrential rains
lashed down in Chittagong city and its adjacent areas.

27

DBBL donates 130 bundles of GCI sheets to Noakhali District

Dutch-Bangla Bank Limited (DBBL) donated 130 bundles of GCI sheets
worth Tk. 5.60 lack for rehabilitating the homeless people affected by rivererosion of Ramgoti Upazila under Noakhali District on August 14, 2005.

DBBL donates 700 bundles of high grade GCI sheets to

Gaibandha and Rangpur districts
Dutch-Bangla Bank Limited donated 700 bundles of high grade GCI sheets
worth of Tk. 29.00 lack for rehabilitating the standard people of the four
Upazilas of Gaibandha and Rangpur districts. Dr. Mozammel Hossain Khan,
Co-ordination, DBBL is seen handing over GCI sheets to Mr. Tapan Chandra
Mazumdar, Deputy Commissioner of Gaibandha district.

Donation:
Donation to different organization
a. Tk.4 core for setting up a modem cancer hospital to Ahsania Mission
Cancer Society. b. Tk.1 core for setting up a modern cancer hospital to
Bangladesh Cancer Society.
c. Tk.1.20 core for setting up a pediatric hospital to provide service to low
income people whose 30% will be free and rest will be at low cost.
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d. Tk.90 lack to kidney foundation for setting up Operation Theater.

Beside this DBBF also provides financial aid with different organizations
that engages relentlessly to work with destitute women and children. Very
recently DBBF has donated Tk. 15, 00,000/= to Rotary Club of Metropolitan
Dhaka to purchase a modern equipment for the hearing impaired children. In
2003 approximately Tk.12, 10,986 (taka twelve lack ten thousand nine
hundred eighty six) only and in 2004 approximately Tk40, 51,000.00 (taka
forty lack fifty one thousand)only and in 2005 approximately Tk31,55,000
(taka thirty one lack fifty five thousand) only is given as donation to
different organization and person to mitigate their purpose.

Diabetic Hospital: DBBL donates Tk.1, 00, 00.00 per month to bear
operational expenses of Narayangonj Diabetic Hospital since October, 2001.

Rural Health Care: DBBL has established Rural Health Center at its
rural branches to render free medical services to the rural and destitute
people of the adjoining areas.
On the other hand, the need base donations and subscriptions are extended to
those areas, where it is needed most. Some of the activities in this category
are:
1. Tk.40, 000,000.00 (Taka forty million) to Dhaka Ahsania Mission to set
up a Ahsania Mission Cancer Hospital
2. Tk.10, 000,000.00 (Taka ten million) to Bangladesh Cancer Society to set
up a modern cancer hospital.
3. Tk.12, 000,000.00 (Taka twelve million) to Shishu Sasthya Foundation to
construct two floors of proposed 15 storied building of the Foundation.
29

4. Tk.9,000,000.00 (Taka Nine million) to Kidney Foundation to setup two

operation theatres and a kidney transplantation ICU with a view to provide
low cost services to poor kidney patients.
5. TK.1, 500,000.00(Taka one million five hundred thousand) to Rotary
Club of Metropolitan, Dhaka to help the disadvantaged children with
hearing impairment.
6. Tk.500, 000.00 (Taka Five hundred thousand) to Md. Atiqur Rahman
Hridoy, a meritorious student of BUET who has been suffering from Blood
Cancer.
7. Tk.100, 000.00 (Taka one hundred thousand) to Md. Mokhlesur Rahman,
a meritorious student of Economics Department of Dhaka University who
has been suffering from Hepatities-B.
8. Tk.350, 000.00 (Taka Three hundred Fifty Thousand) to Bangladesh
Neonatal Forum for improving neonatal health as well as reducing neonatal
Mortality rate in Bangladesh.
9. Tk.350, 000.00 (Taka Three hundred Fifty Thousand) donated for sinking
25 shallow tubewells in 25 spots of Angorpota Dahagram enclaves.
10. Tk.300, 000.00 (Taka Three hundred thousand) to Saleh Child
Development Disability Management Centre to provide support to the
mentaly retarded and disabled children.Tk300, 000.00 (Taka Three hundred
thousand) to Bangladesh Thalassaemia Hospital to setup modern equipments
for reducing sufferings of poor Thalassaemic patients.Tk.200, 000.00 (Taka
Two hundred thousand) to Health Promotion Limited for setting up private
Chamber for Community Maternity Practitioner (CMP) Students.
11 Tk.180, 000.00 (Taka One hundred Eighty Thousand) to Nirapad Sarak
Chai for helping 12 families, victims of road accidents
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12. Tk. 150,000.00 (Taka One hundred Fifty Thousand) only to APON for
organizing a training program on Therapeutic Community.
13. Tk.100, 000.00 (Taka One hundred thousand) only to Society for the
Welfare of the 14.Intellectually Disabled, Bangladesh for training and
rehabilitation of the mentally retarded and disabled children.
15. Tk.100, 000.00 (Taka One hundred thousand) to SIED TRUST,
Bangladesh for rehabilitation of underprivileged intellectually disabled
children.
16. Tk.100, 000.00 (Taka One hundred thousand) to Street Children Partner
Bangladesh to develop the condition of street children.
17. Tk.100, 000.00 (Taka One hundred thousand) to EKMATTRA for
making a short length feature film named "Je Shohor Chorabali.
DBBL has donated G.C.I. sheets among the victims of river erosion and
tornado affected people of Bogra, B. Baria, Netrokona, Mymensingh,
Gaibandha, Rangpur and Ramgoti at a cost of Tk. 10 million.
DBBL has distributed blankets among the cold affected people of the
country. So far the bank has distributed 1, 50,000 pieces of blankets at a cost
of Tk. 37.50 million.
The DBBF has very recently chalked out an elaborate program to undertake
few more programs. Such as- Donation of books to the library of different
Universities, Donation of a DNA detection machine to Bangabandhu Sheikh
Mujib Medical University (BSMMU) for preventing Thelasaemia, Repair of
Prolapse uterus / V.V.F., Repair of club foot, Prevention of Drug Abuse etc.

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We hope with the blessings of Almighty Allah, DBBF shall continue all such
altruistic activities for betterment of the society, which we all belong to.

DBBL donated a roundtrip air ticket to a physically handicapped employee

of BRAC Dutch-Bangia Bank Limited (DBBL) donated a roundtrip air
ticket (Dhaka-Bangkok-Stockholm-Bangkok-Dhaka) to Ms. Sharmin Akbari
- a physically handicapped employee of BRAC for pursuing higher studies
in Public Health in Sweden. The Managing Director of Dutch-Bangia Bank
Limited Mr. Md. Yeasin Ali is seen handing over the air ticket to Ms.
Sharmin Akbari at a simple ceremony held at Bank's Head Office recently.

DBBL has donated two modern ambulances to Anjuman

Mufidul Islam
Dutch-Bangla Bank Limited (DBBL) has donated two modern ambulances
imported from Japan to Anjuman Mufidul Islam.

DBBL Recognition
DBBL has received Asian CSR Award-2005
Dutch-Bangla Bank Limited has won Asian CSR Award-2005 for its
outstanding program on Corporate Social Responsibility (CSR). Mr. Yeasin
Ali, Managing Director, DBBL is seen receiving Asian CSR Award-2005
from the Chief Guest, Dr. Juwono Sundarsono, the Honorable Minister for

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Defense, the Republic of Indonesia at a ceremony held on September 09,

2005 in Jakarta.
Dutch-Bangla Bank Limited has been again nominated for the Asian CSR
Awards 2006. DBBL has decided to participate in the category of
i. EDN- Support and Improvement of Education
ii. POV-Poverty Alleviation
iii. Concern for Health

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Chapter # 05
Problem or Unethical work in DBBL:

Disclose the secrecy of Account: the prime relationship of a bank is to

maintain the secrecy of account. That is not t disclose or share the
customer information with any body. Sometime the bankers share
such information with competitors.
Availing undue advantage from the customers.
Tempering customers financial information for emphasis own
performance.
Vague certification from the bank providing account information such
as solvency certificate.
Delay in cascading important information circular to the customer.
Sometime Bribery practice for sanctioning large amount of loan.
Taking benefit from the supplies.
Helping customer lending.
Sometime create illegal environment congenial to loan recovery.
Do not proper evaluation of invoice to cash trial of sales ledger.

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Recommendation:
Do not disclose the secrecy of account and financial
information.
Avoid the bribery practices for sanctioning larger amount of
loan.
Create a legal environment congenial to loan recovery.
Loans collection and provides by the ethical aspect.
Proper security of invoice.
Legal action.
Proper evaluation of invoice to cash trait of sales ledger.
Appropriate and enforceable documentation (factoring
agreement, demand promissory note, directors personal
guarantees, power of attorney etc)
Recommend recourse to client or enforcement of security for
recovery of bad depts...

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Conclusion:

Ethical and social responsibility of business is matter of serious

concern in modern discussions of the policy planner, management circles
and government quarters. However, western civilization has failed to
provide a solid basis for the development of an ethical and moral code of
conduct for business. Its ethical values are largely utilitarian, highly relative,
and situational in nature and devoid of any spiritual sanctioning power.
Contrary to it, Islam offers a unique and ideal perspective of business ethics.
It considers business as a part of ones worship, provided that it is conducted
in accordance with the commands of Allah and the moral code of conduct
prescribed by Islam.
The fundamental Islamic principles of ethics such as truthfulness,
honesty, trust, sincerity, brotherhood, science and knowledge and justice
provide the general background for business ethics. These principles have
far-reaching consequences for the business ethics. The focus of Islamic
ethics is on changing the attitude, mentality and behavior of people. The real
implementation force behind Islamic ethics is the belief in Allah and
Akhirah.
Ethics is modern society has attention of all people from different cultures
and different countries. Violations of ethical code have taken place in almost
every segment of human endeavor. The effort to overcome such problem in
the area of business, both nationally and internationally, has been under
36

taken by the legal and educational systems, and by professional and business
corporations.
Business ethics has emerged as a separate and distinctive discipline, largely
drawing on moral philosophy but often using a case study approach
developed in management schools to illustrate the ethical dilemmas which
business decision makers face. The literature on Islamic business ethics is
much restricted, yet Islam has its own code of business, which has both
similarities and differences with the practices. Businessmen in the Muslim
world should apply their beliefs in their commercial dealings. At the same
time, non- Muslims operating in the Islamic world need to be aware of what
those beliefs are and their business implications.

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Reference:
1. Business Ethics (Ethical Decision making and cases, O.C
Ferrell, John Fraedrich, Linda Ferrell) Six Edition.
2. www.dbbl.bd.com
3. Class lecture note ( Tamanna Zaman Khan)

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