P. 1
Report on Bank

Report on Bank

|Views: 109|Likes:
Published by Imam Hasan Sazeeb

More info:

Published by: Imam Hasan Sazeeb on Jul 26, 2011
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less






Dutch-Bangla Bank is the first bank in Bangladesh to be fully automated and introduce Electronic Banking. The automation was completed in 2003, but further additions and features are continuously being added and upgraded. DBBL has adopted the same exact automation solution used my many international banking giants. Although this was significantly more expensive than other solutions, it is a small price to pay for a client's peace of mind. A DBBL client now has unrivaled access to banking from any DBBL branch, ATM and POS. All of these services are free-of-charge and are surprisingly affordable for everyone. Even though DBBL has invested more in Electronic Banking more than any other bank, the division was never intended to be profitable. It was undertaken with the same mindset DBBL undertakes its Corporate Social Responsibility tasks. This is why you pay barely nothing even though these same services would cost you much more in other countries and other banks. Never has any bank given so much for free. DBBL also has the largest ATM network in Bangladesh. This gives DBBL clients full access to 'anytime anywhere' banking nationwide. All international and many local banks use the DBBL ATM network for their own clients. DBBL has installed over 800 ATMs nationwide. As with most things, ATM access to all DBBL ATMs is unlimited and free for all DBBL clients. If a client of a member bank (not DBBL) uses a DBBL ATM, the member bank may add a transaction charge.DBBL has the largest IT budget in Bangladesh. DBBL maintains the state-ofthe-art Electronic-Banking Division. The Electronic-Banking Division oversees and maintains DBBL's investment as well as implementing upcoming projects. DBBL is the only local bank to have a off-site Data Recovery Site (DRS). DRS ensure that customer records are safe, backedup, and up to date in the event of a major catastrophe at the Electronic-Banking Division headquarters. Since 2004, DBBL has introduced mobile and SMS banking. With a mobile phone, customers can perform many banking operations with their phone. DBBL is a primary license holder for both VISA and Mastercard. It is authorized to issue and accept payments from both organizations. DBBL also works closely with both organizations to bring you the latest in card technology. DBBL also offer Visa and Mastercard Debit Cards. Dutch-Bangla Bank started operation is Bangladesh's first joint venture bank. The bank was an effort by local shareholders spearheaded by M Sahabuddin Ahmed (founder chairman) and the Dutch company FMO.From the onset, the focus of the bank has been financing high-growth manufacturing industries in Bangladesh. The rationale being that the manufacturing sector exports Bangladeshi products worldwide. Thereby financing and concentrating on this sector allows Bangladesh to achieve the desired growth. DBBL's other focus is Corporate Social Responsibility (CSR). Even though CSR is now a cliché, DBBL is the pioneer in this sector and termed the contribution simply as 'social responsibility'. Due to its investment in this sector, DBBL has become one of the largest donors and the largest bank donor in Bangladesh. The bank has won numerous international awards because of its unique approach as a socially conscious bank. DBBL was the first bank in Bangladesh to be fully automated. The Electronic-Banking Division was established in 2002 to undertake rapid automation and bring modern banking services into this field. Full automation was completed in 2003 and hereby introduced plastic money to the Bangladeshi masses. DBBL also operates the nation's largest ATM fleet and in the process drastically cut consumer costs and fees by 80%. Moreover, DBBL choosing the low profitability route for this sector has surprised many critics. DBBL had pursued the mass

automation in Banking as a CSR activity and never intended profitability from this sector. As a result it now provides unrivaled banking technology offerings to all its customers. Because of this mindset, most local banks have joined DBBL's banking infrastructure instead of pursuing their own. Even with a history of hefty technological investments and even larger donations, consumer and investor confidence has never waned. Dutch-Bangla Bank stock set the record for the highest share price in the Dhaka Stock Exchange in 2008.


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".


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"

The Board Chairman


Zaheed Hossain Khan. MR. Mr. independent director. Mr. Sayem Ahmed. Director from the depositors. Mr. Yeasin Ali are the members. chowdhury M. Zaheed hossain Khan is chairman and Mr. Abedur Rashid Khan and the directors are Mr. Here the chairman of the organization is Mr. Nominee of Ecotrim Hong Kong Limited. Irshad Kamal Khan are the members. Fakrul Islam. Md. elected from general shareholders’ group. Management Team of DBBL Managing Director Deputy Managing Director (Operation) Senior Executive Vice President Deputy Managing Director (Administration) Senior Vice President Executive Vice President First Vice President . Md. Abedur Rashid Khan. Md. one is Executive committee of the board of the directors and Audit committee of the board of directors. Under the board of director there are two sector. Yasin Ali. asraf Hossain. syed Fakrul Ameen. In the executive board Mr. In the audit board Mr. Zaheed Hossain khan. Dr. Mr.Executive Committee  Audit committee The hierarchy of the board of DBBL has been shown on the diagram above. sayem Ahmed is chairman. Ex-officio Director. Sayem Ahmed. Abedur Rashid Khan. Mr. Dr. Dr. irshad Kamal Khan. Bernhard Frey. Mr. Mr. Mr. director from the depositors.

Md. Mr. Mr. DBBL is also running by this way. Major activities • Deposits Taking: bank is a place people can save money with trust. Mr. Mosaddiqur Rahman. First Vice Presidents are Dr. Md. Mr. Shirin. M. Mr. Here the managing director of the corporation is Mr. However we charge only Tk. Abdul Awal. From the deposits they keep a fix amount as reserve and rest of money they give as loan. M. Rafat Ullah Khan. Feroze Alam. Awlad Hossain. Iqbal Amin. Mr. Shah Alam and Mr. Abdullah Al Kafee. K. Moyon Uddin Ahmed. Vice Presidents are Mr. Md. H. Kazi Towhidul Alam. • Service to local banks: 1. Giving Loan: to make profit bank has to give loan and it is very essential the economy also. Mahbub Jan Chowdhary. Sirajul Islam. Md. Syed Mahmud Akter. education loan. A. home loan. Mr.per transaction to the customer’s bank whereas our current expenditure is around Tk. Mr. Mohi Uddin. Mohd. it is the feature of the bank. Md. Yeasin Ali. Mr. etc. Nasiruddin Ahmed. M. So get more profit they need more deposit. They are giving different kind of loans like. So those banks give more service to the customers they can make more profit. ATM Sharing DBBL allows different banks to share its largest ATM network. Abu Ahmed Siddquee. car loan. We (DBBL) do not charge the customers of other banks. Shamshi Taabrez. DBBL is also a bank. Mr.Md. It is very normal process and this process is same for all banks. Here the Senior Executive Vice Presidents are Mr. Mohammad Abdul Mutalib. K. At present the following Banks are using our ATM network: Banks 1.10/. Mr. Mr.Vice President  The management team of DBBL has been shown in the chart above. Mr. Ahtesasmul Haque Khan. Mr. corporate loan. K. By these deposits they can give loans. Md. Getting more deposits is depending on the service given by banks. Md. Mr. Zahurul Islam. Mohammad Mohibullahil Baqi. Senior Vice Presidents are Mr. Mozammal Hossain Khan. Mr. Abul Kashem Md. Mohammad Harun Azad.40/. Md. A. Ali Ahmed Dawan. Mr. Abdul Baset Khandakar. Mr. Mutual Trust Bank Ltd. They make loan from deposits. Deputy Managing director of operation is Mr. Executive Vice Presidents are Mr. Hamidul Haque Khan. and Deputy Managing Diretor of Administration is Mr. so the main task of this bank is to take deposits. Mr.per transaction. Abul Kasam Khan. Md. Mr. If they do not give loan then the business of that country would not be able to run. Khan Tariqul Islam and Mr. Samauddin Yousuf Khaled. Mr. We are shouldering this subsidy as part of our CSR activities. Jahangir Mollah. . Mr.

Southeast Bank Limited. Shahjalal Islami Bank Ltd 2. NCC Bank Limited. logo and name of both the banks (DBBL and other bank) is written on the sign board. First Security Bank Limited. security guard and cash replenishment service. Mercantile Bank Limited. and part of the operation cost like link charge. UPS. 8. 6. CCTV. maintenance of ATM & Booth. 13. 14. Trust Bank. 5.. For installing co-branded ATM. DBBL bears all kinds of investment cost including ATM Machine. interior decoration etc. United Commercial Bank Ltd. Bank Asia Ltd. Jamuna Bank Limited. The signboard of the ATM booth is co-branded i. 12. Standard Chartered Bank. Co-branded ATM DBBL provides co-branded ATM booth service to other bank.e. 3. 4. 10. DBBL does not charge any fee for the transactions made by the customers of the partner bank on such ATMs.2. 9. and consumable cost. 7. 11. . The partner bank provides premises. Commercial Bank Of Ceylon Limited Prime Bank Limited. City Bank.

Corporate Social Responsibility . Maestro. DBBL provides the following services: • Encoding and embossing on the basic plastic card (EMV or Non-EMV) of other bank. • Purchasing of plastic card. Services to Banks outside the Country We honor Cards of the customers of all the Banks throughout the world: All cards (VISA. Cirrus. VISA Electron. VISA Plus. 4. MasterCard. status and PIN at our Switch-end) services for other Banks at a minimum charge. Visa Debit. • PIN generation and printing inside the PIN mailer. In addition to the above services. For Card Personalization.3. Card Personalization DBBL provides card personalization and pre-authorization service to other bank. process and settle their financial transactions originated through our ATM and POS using their Debit/ Credit Cards. PIN mailer for the other bank (optional). Master Debit etc. Switch Sharing DBBL operates network of ATM and POS machines that are connected to its Switching Software for processing of financial transactions. we also provide Pre-authorization (checking the card validity. The Switching Software also allows other banks and financial institutions to route. • Photo printing on the basic card.) issued by different Banks worldwide are accepted at our ATM/POS network.

empowering people to fulfill their aspirations. DBBL has been continuously creating social awareness to protect the environment that is essential for present and future generations. over population and lack of awareness about the environment. Environmental degradation is taking place due to poverty. developed & motivated has far reaching implication on long term sustainable growth of the Bank. In turn. DBBL always encourages excellence in performance by rewards and recognition. the economy. The Bank's policy is to look after people who want to make a long-term career with the Bank. destruction of wetlands. well trained. The centers also facilitate quick transfer of funds from home and abroad to rural people through ATMs at free of cost.DBBL as a responsible corporate citizen is fully aware of its responsibility about how its operational activities impact its stakeholders. DBBL Gratuity Fund. the society. Environmental degradation and depletion of natural resources are matters of great concern in Bangladesh like anywhere in the world. ensuring protection of environment while financing businesses and supporting the distressed people of the society are at the heart of corporate social responsibility policy of DBBL. maintain and strengthen trust & confidence in our customers that is crucial for our success. With that end in view. Accordingly how human resource is recruited. DBBL introduced a guideline demanding assessment of environmental and social impacts of the projects to ensure that operations of the projects would be eco-friendly. Customers' perception & satisfaction ultimately determines relative or absolute success or failure of an organization. its staff and the environment. Projects with likely adverse impact on environment are strongly discouraged by DBBL. depletion of soil nutrients etc. the Bank's strategy is to attract. Employees -unleashing the hidden potential Human resource is the most valuable assets of DBBL. House Building Loan Scheme and Car Loan Scheme etc. Conducting business in an ethical way. It is manifested by deforestation. trained. We are trying to incorporate sound environmental management process in business operations of projects financed by us that can ensure healthy and sustainable lives for our future generations. cyclones and tidal bores also result in severe socio-economic and environmental damage. In DBBL we take this responsibility and believe that responsible conducts are directly correlated with economic & social development of the country. DBBL is regularly advertising in print and electronic media to develop an eco-friendly society for sustainable and healthy human life. Natural calamities like floods. Environment DBBL complies with environmental standard while financing industrial projects. Accordingly. retain and motivate the most talented people. In order to ensure better healthcare of employees there is a medical consultant at Head Office and selected branches to provide medical advices to employees of the . creating opportunities for business & economic growth. committed & motivated team of human resources with positive & sincere attitude towards customers that can build. we need a competent. A number of well thought out policies are in place for welfare of employees in the form of DBBL Superannuation Fund. Commitment to rural area and Supporting SME DBBL has opened 10 SME service centers mainly in rural area to support SMEs and to bring related low income group under financial intermediation to help them become self reliant and unleash the potential of economic growth in rural area.

Supporting the Society at large Since inception. In addition.Bank. Training DBBL attaches utmost importance to the development of its employees through continuous training so that DBBL executives can have competitive advantage in the market. Bangladesh Bank Training Academy (BBTA) and other similar organizations. A number of sectors are on the priority list of the Bank. as a responsible corporate body. Keeping this view in mind. We imparted training to 528 officers in 68 different courses during 2009. and making infrastructural development. We also nominated 71 officers to undergo different training programs/courses organized by different organizations like BIBM. services and technology is evaluated on a continuous and systematic way. The training need of individual employees including training need for introducing new products. Dutch-Bangla Bank Limited has been giving priority to the education sector by awarding Scholarship and Fellowship. health care. The training programs were organized by our own training institute. eight executives were sent abroad for attending overseas training and workshop. rehabilitation of distressed people and such other programs to redress human sufferings and to improve quality of life are some of the important areas where the Bank carries out its social and philanthropic activities. DBBL executives are encouraged to attend high quality training at home and abroad to develop and broaden existing knowledge and skills and to acquire new skills and expertise. Dutch-Bangla Bank Limited has been playing a pioneering role in implementing social and philanthropic programs to help disadvantaged people of the society. Education. Some of the programs are enumerated below: . The corporate culture at DBBL as grew over last 14 years is such that the members of the staff have ample opportunities to take initiative and responsibilities and to unleash their hidden potential to maximize benefits for themselves and for the society. a thorough medical checkup facility is provided to each employee on a yearly basis. In addition. Education Sector Education is a pre-requisite for the overall development of the country.

Phil. Already 745 scholarships have been awarded in this level. examination in the current year. Ph.Phil. Health Sector Smile brighter program for cleft-lip patients Cleft-lip is far more a social set back than a health problem. level. Already 159 fellowships have been awarded. examination in the current year.S. This fellowship is awarded to those researchers engaged in research in various fields like Social.C. Doctoral & Post Doctoral degree since 2006. This scholarship is available for different levels of education such as: HSC level: Dutch-Bangla Bank Limited awards new scholarships every year for the meritorious and needy students of this level along with the continuation of existing awardees. Under this program a scholarship awardees is provided with the following benefits: Fellowship Program Dutch-Bangla Bank Limited has been awarding fellowship for pursuing M. Medical. Every year fellowships are awarded to the researchers for the entire period of research work as required by the university curriculum. The scholarships are renewable for the entire academic period of H. The students. Agricultural and Natural Sciences and also engineering at different public universities of Bangladesh in M. Considering the gravity of the situation. The students.S.C. level after passing S.S. Boys and girls cursed with cleft-lips face numerous problems in everyday life ranging from disruption of formal education. Already 876 scholarships have been awarded in this level. Biological. & Post Doctoral Levels.D.. Graduation level: Every year DBBL awards new scholarships for the meritorious and needy students of this level along with the continuation of existing awardees. are eligible to apply for scholarship of this level. who have been studying at H. attending social ceremonies and impediment at the time of getting married.S.C.C. who have been studying at graduation level after passing H. DBBL has taken the initiative to bring back smile on the face of the boys and girls with .Scholarship Program Dutch-Bangla Bank Limited (DBBL) has been awarding the largest number of scholarships in Bangladesh for the meritorious and needy students every year since 2001. are eligible to apply for scholarship of this level. The scholarships are renewable for the entire academic period of graduation level. Under this program a fellowship award is provided with the various benefits.

Feni. ft. Jessore.679 numbers of poor cleft-lipped boys & girls have so far been successfully operated upon across the country under the "Smile Brighter" banner. In this connection. Khulna. Faridpur. etc. Savar. ft. Keeping their sufferings in mind. Rajshahi.cleft-lip through plastic surgery at free of cost since 2003. Bogra.000 underprivileged blind people by providing sophisticated cataract surgery (Intra Ocular Lens) throughout the country in phases since 2008. Donation to ICDDR. Kishoregonj. ICDDR. Dhaka. Sirajgonj. Financial support of Taka 20.476. Sylhet. Shatkhira. 80% of the affected people can resume vision through cataract operation.000 sq. Mymensingh. More than 4. B: There is now growing concern about blood safety. Rangpur.750 cataract operations have been completed successfully in different regions of the country. Savar Bazar. about 1. A large number of rural poor people are deprived of the opportunity to cure the problem. Health Infrastructure development • Donation to OGSB Hospital: Obstetrical and Gynecological Society of Bangladesh (OGSB) is working with poorest of the poor women and children of our country.) of the hospital which will be solely used for neonatal care for the sick and vulnerable children. Naogaon. Pabna.000. measuring 20. Baburhat. Patherhat and Hathazari Branch to render free medical services to the rural and destitute people of the adjoining areas especially for the women and children. Dutch-Bangla Bank Foundation started the program of operating 12. Tangail. Cataract is the major cause of blindness. B authority has planned to set up an international standard blood transfusion unit. in each floor along with an academic Institute at Mirpur. special camps were arranged under this 'Smile Brighter' program in Dhaka. Dhaka. Barisal. Noakhali. equitable access to safe blood and blood products and their safe and rational use in the third world countries. Chittagong. Dhaka for construction of 4th floor of the above mentioned OGSB Hospital at Mirpur. According to the recommendations of WHO. As a continuous process. Up to the year 2009. Cox'sBazar.000 was approved in favour of OGSB Hospital and Institute of Reproductive & Child Health. Gazipur Chowrasta.000 sq. Besides. The Board of Trustees of DBBF approved financial support of Taka 11. Medi-Care Services for the rural people DBBL has established Rural Medi-Care Service Center at its rural branches of Shimrail. Lalmonirhat. the OGSB authority has planned to construct another floor (4th floor. Dania. • . They have established a four storied Hospital having 20. the cleft-lipped boys & girls are being treated across the country for restoration of hope and dignity in their lives.800 to ICDDR. Bhola. Kustia. Mirpur. the Bangladesh Government has initiated a strategy to make provision for safe blood transfusion in order to contain the transmission cycle of transfusion associated infections. Dinajpur. Cataract operation for underprivileged blind people Visual impairment is an immense social problem in our country. Comilla. To meet the increasing demand for services for women and children. B Dhaka for setting up of the blood bank with all modern facilities of international standard. Board Bazar.

000 to Bir Sresthho Matiur Rahman Foundation for providing free health services to poor freedom fighters and their school going children. of Department of Development Studies. • Donation for medical treatment • Financial assistance of Taka 100. Financial assistance of Taka 100. Abul Kalam.000 to Nahid Anjum.000 to Department of Pediatrics. Dhaka Medical College Hospital. of Comilla. for treatment of underweight neonatal patients.000 to Department of Pediatric Gastroenterology & Nutrition.900 to Pediatrics Department.000 to Md. Donating a PC-less multimedia projector costing Taka 61. Donating a PC-less multimedia projector costing Taka 61.185 to Putul Biswas. Bangabandhu Sheikh Mujib Medical University. for operative treatment of his son. for treatment of her father. Bangabandhu Sheikh Mujib Medical University. Dhaka for better dissemination of knowledge. • • . Financial assistance of Taka 15. Financial assistance of Taka 50.• • Donating 03 (three) Baby Warmer costing Taka 159. Dhaka for better dissemination of knowledge. Dhaka University. for treatment of cancer.

and government. trading or consumptions. It cannot act on its own without its stakeholders. to maximize economic growth and welfare of the society. employment. DBBL is a corporate citizen. borrowers take the credits for production.Economic Contribution Savings. trading. employees put their services to serve the customers. employment generation. Shareholders provide the vital equity capital. productions. By offering its unique products & services the Bank is engaged in maximizing savings. allocating such resources to productive investments. direct and monitor the Bank to perform its operations in an effective way to create and maximize value for the economy and society. Bangladesh Bank and Securities and Exchange . Therefore banking company is holding a key position in economic and social development of a country. distribution and consumptions are essential part of any economic system. investments. The Bank being a financial intermediary plays a significant role in this process by mobilizing savings & other resources. depositors & lenders put their money in the Bank. local & international trades and consumptions. investments. The stakeholders as a whole help. In the process the Bank is directly or indirectly creating a lot of wealth by accelerating economic activities & growth. consumptions etc. productions.

customer services and business practices to strengthen its ability to serve the stakeholders and society increasingly in a greater way. operational risks and market risks is at the heart of all business operations and transactions of DBBL. DBBL conducts its businesses to provide services to the customers and society at large and in the process creates and maximizes value for all its stakeholders in a fair. wealth created by the Bank is also distributed to its various stakeholders. profit is also important to give satisfactory returns to all the stakeholders and to ensure sustainable operations. Measures taken by DBBL to maximize value for its stakeholders and to increase its contribution to the economy & society in a sustainable way. DBBL has undertaken due process. regulatory requirements. infrastructure.Commission provide legal & regulatory framework . Risk management system also complies with Bangladesh Bank's core risk management guidelines. transparent and ethical way. depositors and all the stakeholders. Corporate governance ensuring best practices DBBL complies with good corporate governance practices in line with industry best practices and regulatory requirements ensuring transparency. environmental issues. With the support & resources from various stakeholders. rather maximizing benefits & value for all stakeholders in a fair and balanced way thereby maximizing welfare of the economy & society as a whole is the objective of DBBL. Corporate governance practices in DBBL are set out on pages 31 to 37 of this Annual Report. DBBL as a responsible citizen has taken effective measures to sustain its operations in a sustainable way thereby to increase its contribution to the economy & society. employees receive salaries and government gets tax. Maximization of profit cannot be the only objective of the Bank. Shareholders get dividends. accountability and fairness at every step of its business operations to maximize performance with governance. . Managing risks ensuring quality and value of assets and uninterrupted operations Risk management covering credit risks. staff welfare. depositors get interest. risk management. growth and long-term solvency of the Bank which in turns enable the Bank to contribute in a greater way to the economy & society. Risk management systems are designed and implemented to ensure quality and value of assets and smooth banking operations and services in a sustainable way to protect interest of shareholders. to ensure smooth operations of banking activities with transparency and accountability. economic & business environment etc. Some of the measures taken by DBBL to maximize value are given below. As DBBL is dependent on its stakeholders to continue its operation and wealth creation activities. However. VAT etc. therefore. procedures and systems in compliance with best practices in corporate governance.

they are using their revenues in different sectors there are no extension money. exchange and brokerage and operating incomes etc.Their revenue flow is good. commission. to ensure long term solvency of the Bank and to help sustainable business and profit growth of the Bank that can maximize value for stakeholders. like interest income. it is the policy of DBBL to maintain strong capital adequacy ratio to have sufficient cushion to absorb any unforeseen shocks arising from any potential risk. investment income. Maintaining adequate capital and capital adequacy ratio . .cushion to absorb the unforeseen shocks As part of risk management system. They are creating revenues from different different sectors. That’s good for the economy.

every year Sometimes it is increasing. The capital adequacy ratio is nearly constant. DBBL paid 50% stock dividend in 2008. Total capital is always increasing. The proposed stock dividend for 2009 is 33. .587 million as at 31 December 2008.33%. Bank's regulatory capital reached at Taka 5.900 million as against Taka 4.At the end of 2009. it is increasing in a increasing rate and sometimes in a constant rate Sustainable dividend policy to ensure growth and maximize share value DBBL's dividend policy is designed in a way to ensure sustainable growth of the Bank with strong capital adequacy ratio which must maximize value for shareholders.

698 million to Taka 48. While resources are allocated at competitive rates preferably in most productive as well as export oriented sectors to maximize economic and social development of the country. .411 million. 700 ATMs and a large number of POS terminals spread throughout the country. Extending technology driven services to customers at affordable cost In DBBL.Dividend rate should increase Mobilization and allocation of resources in optimum way-extending loans to important sectors at reasonable interest rate and charges It is the policy of DBBL to mobilize resources from diversified sources to make it cost effective and sustainable to support business growth. In 2009 total liability. deposit. 10 SME Service Centers. Credit-deposit ratio is contained within optimum limits to ensure utilization of resources within tolerable risks. At the end of 2009 such services were provided through 79 branches. Loans and advances increased from Taka 41.619 million to Taka 81. borrowing and others increased from Taka 60.481 million. including capital. By providing such services DBBL is enabling the customers to maximize their business potentials and to fulfill their personal aspirations. banking products and services based on latest technology and multiple delivery channels are aimed at faster and better customer services at the doorsteps of customers at affordable cost. Depositors are offered the best technology driven products & services available in the market to encourage them in savings.

depositors and suppliers. In order to provide better. During the year 2009 the Bank contributed Taka 1.organization Branches and ATM units are increasing that express the progress of the Progressive working environment for staff A high quality and competent human resource is crucial to continued growth and success of any country which can be achieved by improving skill. . the Bank deducts income tax. and deposits the same to the national exchequer. VAT and excise duty at source from clients. knowledge and productivity of employees. As per the prevailing law of the country. Besides. developing and motivating the very best individuals in the industry and encouraging professionalism by imparting training to staff both at home and abroad. faster and coordinated services to the clients by a skilled and dedicated team. DBBL focuses on attracting. the Bank has been providing healthy and progressive working environment and competitive compensation package to its workforce. Contribution to the national exchequer DBBL made significant contribution to the government in boosting its revenue collection. the Bank being a corporate citizen pays tax and VAT on its own income.009 million in the previous year.245 million to national exchequer as against Taka 1.

Value Added Statement The value added statement of Dutch-Bangla Bank Limited shows how the value is created and distributed to the different stakeholders of the Bank. .


e. cost of equity. DBBL has been consistently able to deliver higher EVA to its shareholders: . It indicates how much excess value has been created by the Bank for its shareholders after deducting the minimum rate of return required by the shareholders i.Economic Value Added (EVA) Statement Economic Value Added (EVA) is a key performance indicator to measure profitability of a Bank as compared to cost of equity capital.

Economic value added is increasing sometimes in a increasing rate and sometimes in a decreasing rate. Market Value Added Statement Market Value Added (MVA) is the difference between the total market value (based on the price quoted in the main bourse of the country) of equity and the total book value of equity of the Bank as at the reporting date. In 2009 it has been increased too much. The following table shows that DBBL has been able to earn confidence of the shareholders and market in its ability to deliver higher value to the shareholders in future years: Market value added is increasing but in a decreasing rate . The higher MVA means that the market is confident in sustainable and progressive business and profit growth and cash flows of the Bank.

profit. It expresses the progress of the bank. deposits.Financial Progress Overall financial position is good. . assets. exports and imports are increasing. loans. Revenue.

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->