Professional Documents
Culture Documents
0 Introduction:
1.1 Origin
The main objective of this report is to understand customer perception about Retail Banking of Trust
Bank Limited (TBL).’’
There are some parts that are needed to fulfill the general objective which are known as specific
objective. These are -
• To identify the various products of the Retail banking unit of Trust Bank Limited.
• To measure the customer perception about different products of Retail Banking unit of
Trust Bank Limited by questionnaire survey
• To evaluate the market position of Retail banking unit of Trust Bank Limited
• To identify some major weaknesses and problems faced by Trust Bank Limited in respect
of Retail banking unit.
Methodology:
In this report descriptive research is used. In home personal interviewing method has been used to
conduct this research.
In this report all necessary information are collected from both sources of data.
Data originally collected for an investigation are known as primary data. The primary data has been
collected by using questionnaire survey to the clients of Retail banking unit of Trust Bank Limited (TBL),
Mirpur Branch.
The data which are collected for some earlier research work and are applicable or usable in the study.
Secondary information required for the industry part and organization part was collected from the annual
report and website of Trust Bank Limited (TBL).
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1.6.1 Collection of Primary Data:
• Questionnaire survey
• Observation
• Face to face interview with questionnaire survey to the customers of Trust Bank Ltd.
1.6.2 Population:
The population of the study is the clients of Retail Banking Unit of Mirpur Branch.
Questionnaire is very flexible and easy to collect answer than other instrument. So I choose questionnaire
research instrument to collect primary data for the report. All details about questionnaire are given below:
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There are some limitations of the report and therefore it may lack some crucial data. In preparing the
report I faced some problems, which are as follows:
The main constrain of the study was insufficiency of information, which was
required for the study. There are various information the bank would not provide
due to security and other corporate obligations.
Due to time limitation many of the aspects could not be discussed in the present
report. Learning all the functions within just 90 days is really tough.
Since the bank personnel were very busy, they could not provide enough time to
me.
Lack of opportunity to visit more than one branch.
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2.1 ABOUT TRUST BANK LIMITED
Trust Bank Limited is one of the leading private commercial banks having a spread network of 53
branches and 7 SME center across Bangladesh and plans to open few more branches to cover the
important commercial areas in Dhaka, Chittagong, Sylhet and other areas in 2010. The bank, sponsored
by the Army Welfare Trust (AWT), is first of its kind in the country. With a wide range of modern
corporate and consumer financial products Trust Bank has been operating in Bangladesh since 1999 and
has achieved public confidence as a sound and stable bank.
In 2001, the bank introduced automated branch banking system to increase efficiency and improve
customer service. In the year 2005, the bank moved one step further and introduced ATM services for its
customers.
Since bank’s business volume increased over the years and the demands of the customers enlarged in
manifold, our technology has been upgraded to manage the growth of the bank and meet the demands of
our customers.
In January 2007, Trust Bank successfully launched Online Banking Services which facilitate Any Branch
Banking, ATM Banking, Phone Banking, SMS Banking, & Internet Banking to all customers. Customers
can now deposit or withdraw money from any Branch of Trust Bank nationwide without needing to open
multiple accounts in multiple Branches.
Via Online Services and Visa Electron (Debit Card), ATMs now allow customers to retrieve 24x7 hours
Account information such as account balance checkup through mini-statements and cash withdrawals.
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Trust Bank has successfully introduced Visa Credit Cards to serve its existing and potential valued
customers. Credits cards can now be used at shops & restaurants all around Bangladesh and even
internationally.
Trust Bank is a customer oriented financial institution. It remains dedicated to meet up with the ever
growing expectations of the customer because at Trust Bank, customer is always at the center.
VISION:
We aim to provide financial services to meet customer expectations so that customers feel we are always
there when they need us, and can refer us to their friends with confidence. We want to be a preferred bank
of choice with a distinctive identity.
MISSION:
Our mission is to make banking easy for our customers by implementing one-stop service concept and
provide innovative and attractive products & services through our technology and qualified human
resources. We always look out to benefit the local community through supporting entrepreneurship, social
responsibility and economic development of the country.
POSITIONING STATEMENT:
Trust Bank is a contemporary, upbeat brand of distinctive quality of service and solution that offers a
rewarding banking experience as preferred choice of banking partner every time, every where.
OUR VALUE:
1) Trustworthy
2) Dependable
3) Reliable
4) Professional
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5) Dynamic
6) Financial inclusion
TBL a blend of expertise and technological excellence is in place to meet varied needs of modern
customers. The bank aims at mobilizing untapped money of the country and prudent deployment for
productive activities in the form of lending at a competitive interest rates/loan pricing. Towards
attainment of its goals and objectives, the bank pursues diversified credit policies and strategic planning
in credit management. To name a few, the bank has extended micro credit, consumers durable scheme
loans, house building loans etc. to cater to the needs of the individuals, which in turn has helped
thousands of families. The bank also extends loan in the form of trade finance, industrial finance, project
finance, export & import finance etc. The bank’s credit polices aimed at balanced growth and harmonious
development of all the sectors of the country’s economy with top most priority to ensure quality of
lending by averting growth of non-performing assets.
2.4 BRANCHES
Trust Bank Limited now continues its operation with 53 branches and 7 SME center across the country.
The management is feeling that they need more branches all over the Bangladesh to provided ardent
services to more clients. In association of this view, TBL has taken up a program to expand its branches
in commercially important areas within the country in near future.
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2.5 O RGANOGRAM OF TRUST BANK LIMITED, MIRPUR BRANCH
MANAGER
SUB-MANAGER
Remittance
Islamic Banking
Credit Division
Cash-In-
Sanchaypatra
Opening
Charge
Account
Division
Clearing
Card
&
FCAD
SME
FDR
2.6 MANAGEMENT OF THE BANK
Chairman
l
Vice-Chairman ve
Le
Board of Director p
To
Company Secretary
l
Executive Officer (EO)
ve
Le
Principal Officer (PO) d
t
Mi
Senior Officer (SO) en
m
e
Management Trainee Officer
ag
(MTO)
an
Junior Officer (JO) M
l
ve
2.7 CORPORATE INFORMATION OF THE TRUST BANK LIMITED
Le
w
LEGAL FORM Lo
The company was incorporated on 17 June 1999 under the Companies Act 1994 as a public company
limited by shares for carrying out all kinds of banking activities.
Retail banking is banking that provides direct services to consumers. Many people with bank accounts
have their accounts at a retail bank and banks that offer retail banking services may also have merchant
and commercial branches that work with businesses. For people with high net worth and special banking
needs, private retail banking services may be pursued. These offer a high level of service with a number
of options that are not available to average members of the public.
The most basic retail banking services include savings and checking accounts. Most retail banks,
however, try to make themselves into a one stop shop for banking customers. This increases customer
retention and loyalty, ensuring that the bank has a steady supply of customers. Expanding banking
services also provides more opportunities for the bank to turn a profit.
Retail banking refers to banking in which banking institutions execute transactions directly with
consumers, rather than corporations or other banks. Services offered include: savings and transactional
accounts, mortgages, personal loans, debit cards, credit cards, and so forth.
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Consumer credit program is an important development scheme in the banking sector in most of the
developing economics. Retail banking through its consumer finance products facilitates the consumers by
enhancing their purchasing power which in terms contributes in creating demand in market.
TBL retail banking has diversified products covering consumer durables to education. In addition to the
financing sector TBL, RBU has also introduced different deposit products to encouraging savings
behavior of the society.
Before allowing any facility to an individual, bank obtains some up to date documents like gas bill,
electricity bill and telephone bill to evaluate the consumer repayment behavior, TIN certificate to focus
individual income, Insurance coverage and registration of the vehicles to justify the genuineness of the
ownership which assist a lot to earn sizable revenue for the government. It also edifies the mass people to
be punctual and honest citizen of the land.
Huge number of high net worth TBL customers are availing retail loans from other banks.
3.4 OBJECTIVES
To motivate common people to save their small surplus money with a reasonable return.
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To make the people highly banking minded
To sell our services to a wide range of customers and increase our Retail Credit portfolio.
To provide financial assistance to the limited income group for buying household durables and
utility products.
Here the customers are not much price sensitive, as in case of commercial loans.
Risk is diversified.
There are mainly 12 products in retail banking on Trust Bank. These are given below:-
V. DOCTORS LOAN
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VIII. TRAVEL LOAN
X. CREDIT CARD
TBL have so many needs, some are attainable with our means & standing and some are unattainable. The
unattainable needs can be met by TBL. "Any Purpose Loan'
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
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Now a car is no longer luxury but necessity. Moreover, a car is more than a symbol of prestige. TBL
offers you to materialize your dream of owning a car through TBL car loan facility.
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
Corporate bodies
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
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For Microbus , Minibus & Trucks
Tk.2.00-15.00 Lac(Microbus),
Loan Limit
Tk.2.00 – 50.00 Lac(Minibus & Trucks)
Interest Rates (%) 16%
Down Payment / Equity 20%
1 – 3 years(Microbus) ,
Loan Period / Tenor
1 – 5 years(Minibus & Trucks)
Risk Fund Nil
Need are constantly changing phenomena in human life to improve the standard of living. Sometimes
your saving is not good enough to meet your requirements. At, the Trust Bank, we take care of your
financing needs and you can trust on us as your financial partner indeed.
ELIGIBILITY FOR HOUSE HOLD DURABLE SCHEME LOAN APPLIED BY THE EMPLOYEES OF:
Sector Corporation
Non-Government organizations
Multi-national companies
Banks/Financial institutions
Educational institutions
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
TBL offers Apon Nibash (House Finance) with easy repayment schedule matching your affordability. It
have unlimited options of choosing your home with limited means and standing. Here, TBL Apon Nibash
helps to match long cherished dream.
Maximum age limit of the borrower – 60 yrs in exceptional case, MD can relax the age limit up to any
age depending on the merit of the case.
Employees of:
Professionals
Engineers
Accountants
IT Professionals
Management Consultant
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Self Employed
V. DOCTOR’S LOAN:
Medical is a noble profession which is evolving fast. In a country like ours it is important to be a part of
those changes as we cannot afford to be lag behind. Keeping that in mind and with a vision to support and
promote health services, TBL is at your side with our Doctors' Loan.
General Practitioner, FCPS & MBBS Doctors/dentists or Specialist Doctors having a Post-
graduate degree and specialization in a particular area of treatment such as Medicine Specialist,
Eye Specialist, ENT Specialist, cardiac surgeon/specialist etc. having 5 years experience as
specialist.
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
Tying the marital knot is an event of a life time and its celebration and memories should last forever. TBL
"Marriage Loan" will help you to arrange celebrate the marriage in style.
This Loan may be availed by the guardian and/or Applicant as the case may be
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
A substantial amount of finance is required to give your child the best education or to get a higher degree
either at home or abroad.TBL, "Education Loan" relief you from this burden and ensure uninterrupted
study through steady flow of cash.
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
When you plan to travel local or global exotic location, financing is the key issue. Don't be worried; TBL
Travel loan is ready to provide instant financial support.
Crisis comes at anytime and well being comes at a price. When the urgency comes for medical treatment
of your family, there can never be compromised. At any urgency if you feel, please remember us to
provide financial support through our "Hospitalization Loan" scheme.
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up
to any age depending on the merit of the case.
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For Hospitalization l Loan
Loan Limit: Tk. 0.5 lac -3.00 lac
Interest Rates (%) 15%
Down Payment / Equity 10%
Loan Period / Tenor 1 – 2 years
Risk Fund Nil
X. CREDIT CARDS:
Credit Cards forms of clean lending with a maximum limit of Tk. 500,000/- to a single borrower.
Supplementary credit cards shall be considered part of the principal borrower for this purpose. The limits
exceeding Tk. 500,000/- shall be secured appropriately by the banks. Corporate Card will not fall under
this category and shall be regulated by exiting guideline/regulations for lending.
For Charge Cards, pre-set spending limits generated by the standardized systems, as in the global
practice, shall be allowed.
Types of cards:-
Any purpose loan is a terminating facility offered by retail Banking Unit of the Bank for customizing the
need of Defense Officer. This product is designed for confirmed defense officers having certain years of
unexpired service with supporting cash flow to repay the loan installment. It is a secured Loan in the
sense that defense officers have to take NOC from our Bank to get service benefits.
ELIGIBILITY FOR ANY PURPOSE LOAN APPLIED BY THE DEFENSE OFFICER OF:
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Confirmed and active in service Defense Officers with 3 years of service ahead and having
supportive cash flow to repay the installment.
Household Durable Loan is a loan is designed to facilitate Defense Officers to purchase different
household items such as Motorcycle, Television, Refrigerator, Air-Conditioners, Washing machine,
Computers and other household furniture etc. for personal use. Under this scheme, the consumer durable
product is hypothecated to the bank.
Any confirmed and active in service Defense Officers with 4 years of service ahead who have the
means and capacity to repay bank loan.
Car loan is a terminating credit facility designed to facilitate active in service Defense Officers to
purchase a car for their personal usage. Under this scheme, the vehicle is hypothecated to bank only. In
addition to this registration requirement, the loan is also partially secured by the commonly acceptable
form available in the market as hypothecation.
TBL offers Apon Nibash Loan (House Finance) to you with easy repayment schedule matching your
affordability. You have unlimited options of choosing your home with limited means and standing. Here,
TBL Apon Nibash Loan helps you to match your long cherished dream.
IN SERVICE:
Officers who have completed 18 years of active service will be entitled to the facility up to the last day of
service (excluding LPR) which means that the branch has to receive loan application up to the last day of
active service.
RETIRED:
Retired Defense Officers who have allotment of plot in DOHS will be eligible to apply for the loan
facility.
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V. EDUCATION LOAN:
Education Loan is a credit facility designed for Defense Officers to facilitates financial needs for higher
education for him / her or family members. This is an unsecured loan because no additional security is
arranged against this loan.
Confirmed and active in service Defense Officers with 6 years of service ahead and having
supportive cash flow to repay the loan installment.
3.7 UP COMING PRODUCT OF RETAIL BANKING UNIT ON THE TRUST BANK LIMITED:
There are some upcoming products in retail banking unit on the Trust Bank limited, these are given
below:-
1. Trust Echo
5. Trust Sristi
Strict security controls over the storage of blank cards, the embossing of blank cards and dispatch of cards
to holders is essential. There must be procedures for evaluating, authorizing and monitoring credit card
facilities that are at least as stringent as those of normal loans.
Loan documentation is basically a post sanction & pre-disbursement process that involves compliance
with sanctioned terms and conditions which is done at the branch level. Documentation against all types
of credit facilities is important as through the process, the borrower empowers the bank to exercise some
privileges in case of any irregularity against the credit facility the borrower has been sanctioned. Proper
loan documentation is mandatory for a bank to secure its credit portfolio.
i. Must be completed in compliance with sanctioned terms and condition prior to disbursement for
establishment of rights or creation of charges on securities as approved.
ii. It is completed in according with the nature of securities by creating proper charges.
iii. Bank can not be able to exercise its rights on securities in case of adverse situation.
Upon completion of all documentation process, the branch is required to obtain disbursement order from
Head office providing information regarding documentation status. The branch can prepared a checklist
and sent it to the head office to understand easily the documentation status and takes the decision
regarding disbursement. The checklist provided by Head Office contains the following information:-
General Credit Application of the borrower, unconditional acceptance of sanction letter, D.P
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Note, Letter of Disbursement, Letter of Arrangement or agreement, Letter of
Documents
Undertaking, Letter of installments, Letter of continuity, Letter of Revival.
Lawyer’s opinion, approved plan & NOC of the concerned authority, NEC along
with search fee paid receipt. Mortgage Deed duty registered with District or sub-
Mortgage
registry office, Registered IGPA to sale the mortgaged property, personal guarantee
of the owner as mortgagor etc
Hypothecation Letter of Hypothecation, IGPA to sell the hypothecated goods etc.
Pledge Letter of Pledge, IGPA to sell the pledged goods etc.
Assignment of bills by way of obtaining IGPA, Letter of Acceptance from the issuing
Assignment
authority etc.
Letter of Lien, Letter of Authority of encash, Lien Confirmation from issuing
Lien
authority etc.
Set – Off Letter of Authority to debit Current Account / Savings Account / Loan account.
Fixed / Floating Deed of Hypothecation & mortgage for creation of charge, PPSSA duty singed by all
Charge lenders, Charge creation certificate from RJSC etc.
Facility Agreement, ESCROW Account Agreement, Deed of Floating charge on the
Syndication balance for ESCROW Account, Agreement for Assignments (Insurance), Project
fund & share retention agreement, Subordination Agreement, Loan Agreement.
Copy of comprehensive insurance policy in the bank’s name, original insurance
Insurance Policy
premium paid receipt, Insurance cover note etc.
Undertaking No liability with any other bank excepting as declared , deposit of sales proceeds etc.
All partners / directors, spouse, third party counter guarantee, corporate guarantee
Guarantee
etc.
Letter of Trust Receipt, Hire purchase agreement, NOC from other bank, Lawyer’s
Other
satisfaction certificate on complete documentation, lien on valid export L/C, post /
Documents
undated cheque etc.
1. LETTER OF GUARANTEE
This is a document given by the proprietor, directors or the third party in favor of the principal debtor.
The beneficiary of this document is the bank. Surety is bound to pay the guaranteed amount if such
situation arises.
2. COUNTER GUARANTEE
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The principal debtor agreeing that if the guarantor pays any amount, the principal debtor is bound to pay
this amount gives this guarantee.
3. LETTER OF AUTHORITY
BY this letter, the principal debtor gives the authority to the bank to debit the current account or
investment account of the principal debtor for the following cases:
This letter is given to the bank by the borrower, giving the bank the right of recalling the loan amount at
any time if the borrower fails to repay any one of the installments. And the borrower cannot protest such
recalling.
5. LETTER OF CONTINUITY
By this letter, the borrower agrees that the promissory note given by the bank will be act as security for
the repayment of the ultimate balance or sum remaining unpaid on account of the overdraft or advance.
6. LETTER OF REVIVAL
By this letter, the borrower agrees that he will be liable to bank for payment of the promissory note with
interest in respect of all present and future indebtedness liabilities secured thereby which promissory note
is to remain in force with all relative securities, agreements and obligations.
This promissory note is given to the bank by the borrower if the borrowers are more than one person.
The borrower to the bank gives this promissory note if the borrower is a single person.
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9. LETTER OF UNDERTAKING
This document is given to the banker by the borrower acknowledging the right to cancel the facility at any
time with or without intimation to the borrower.
By this letter, the borrower request to disburse the loan sanctioned in his favor by the bank. All the
persons, in whose names the account is opened, should sign the letter.
It is a deed that is necessary in case of mortgage by deposit of title deed or equitable mortgage. Here the
mortgagor agrees that he has deposited necessary documents of the property to the bank.
Here the amount of loan, interest, and the name of the borrowers are written. Here the bank and the
borrowers agree on the following terms:
Security
Balance due to the bank
Borrowers not to the encumber or parts of the goods
Sale
Inspection
Insurance
Margin
Interest rate
Repayment
Sale of goods
Deficiency
Surplus
Statement of account
Continuing security
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Title
Saving
Change of borrowers and
Notices.
Sometimes third party guarantee is needed for allowing loan. Here third party gives the guarantee that of
the principal debtor fails to repay the loan, and then the guarantor will be bound to repay the loan to bank.
This document is necessary in case of transport loan. Here the borrower hypothecated the vehicle to the
bank. In case of failure of repay the loan, bank will sell the vehicle to collect the money.
The bank relies principally on outside information to assess the character, financial position, and
collateral of a loan customer. Such an analysis begins with a review of information supplied by the
borrower in the loan application. The bank may contact other lenders to determine their experiences with
this customer regarding the following information:
• Physical Investigations
• Customer financial statements
• Experience of other lenders with this customer
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• Customer Annual Report
• Local or regional credit bureaus
• Local Newspapers
• Local chamber of commerce
The primary factor determining the quality of the bank’s credit portfolio is the ability of each borrower to
honour, on a timely basis. All credit comities made to the bank. The authorizing credit personnel prior to
credit approval must accurately determine this. If the report of the project appraisal is very satisfactory to
approve the loan proposal, than the following steps furnish the approval procedure:
3.10.1 DISBURSEMENT:
After completing all the necessary steps for sanctioning loans bank will create a loan account by the name
of the party and deposit the money to that account. Bank will give chequebooks to the party and advise
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them to draw the money and use it as soon as possible, because whenever the money will transfer to the
account interest will count from that time.
In pricing a business loan, Bank management must consider the cost of raising loan able funds and the
operating costs of running the Bank. This means that Banks must know what their costs are in order to
consistently make profitable, correctly priced loans of any type. There is no substitute for a well-designed
management information system when it comes to pricing loans.
The Trust Bank Limited is generally used the simplest loan-pricing model which assumes that the rate of
interest charged on any loan includes four components, these are
(2) The Bank’s non-funds operating costs (including wages and salaries of loan personnel and the cost of
materials and physical facilities used in granting and administering a loan),
(3) Necessary compensation paid to the Bank for the degree of default risk inherent in a loan request,
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(4) Bank’s desired profit margin.
Product Name of the Item Loan Limit Down Payment Rate of Period of
Interest Loan
Any Purpose Loan Salaried Person TK. 5,00,000 Nil 17% 4 Years
Apon Nibash Loan Salaried TK. 75,00,000/- 40% for under 13% 20 Years
Person/Businessman construction &
30% for Purchase
of New
Apartment
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Doctors Loan General Practitioner TK. 5,00,000/- Nil 17% 5 Years
MBBS/BDS
Table: 1 Gender
Elucidation:
It shows that, 26 (52%) respondents are male, 24 (48%) respondents are female. So, it has shown that
most of the respondents are male from the Retail banking customers of Trust Bank Limited (TBL),
Mirpur Branch.
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Table: 2 Ages
Elucidation:
It shows that, 3 (6%) respondent’s age between 25-34 years, 13 (26%) respondent’s age between 35-44
years, 18 (36%) respondent’s age between 45-54 years, and 16 (32%) respondent’s age 55 or above from
the Retail banking customers of Trust Bank Limited (TBL), Mirpur Branch.
Table: 3 Occupations
Elucidation:
It shows that, from the Retail banking customers of Trust Bank Limited (TBL), 36 (72%) are service
holder and 14 (28%) respondents are others like businessman.
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Table: 4 Loan disbursement process
Elucidation:
It shows that, 6 (12%) respondents’ thinks that Loan disbursement process is not good i.e, below average,
19 (38.0%) respondents’ thinks that Loan disbursement process is Average, 14 (28%) respondents’ thinks
that Loan disbursement process is Good, 8 (16%) respondents’ thinks that Loan disbursement process is
Very good, 3 (6%) respondents’ thinks that Loan disbursement process is Excellent.
Elucidation:
It shows that, 15 (30%) respondent’s taken Any Purpose Loan, 9 (18%) respondent’s taken car loan, 5
(10%) respondent’s taken House Hold Durables loan, 9 (18%) respondent’s taken Apon Nibash Loan, 4
(8%) respondent’s taken Doctors Loan loan, 5 (10%) respondent’s taken Marriage Loan, 3 (6%)
respondent’s taken Education Loan.
Elucidation:
It shows that, the 14 (28%) respondents say that high interest is the reasons for non-performing loans in
Trust Bank Limited, 11 (22%) respondents say that Slow disbursement process, 5 (10%) respondents say
that Not fulfillment of demand loan amount, 9 (18%) respondents say that Critical documentation
process.
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Table: 7 Reason for choosing this bank
Elucidation:
It shows that, from the reasons of choosing Trust Bank Limited 13 (26%) respondent’s select Brand
name, 13 (26%) respondent’s select Market condition, 15 (30%) respondent’s select Location, 9 (18%)
respondent’s select Reference group.
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Elucidation:
It shows that, from the Age * loan Crosstabulation of Trust Bank Limited in age 25-34 total loan is 3, in
age 35-44 total loan is 13, in 45-54 age total loan is 18 and in age 55 or above total loan is 16. So, ages
between 45-54 are taking more loans from TBL.
Descriptive Statistics
Perception about the after sale 24.436 49 .000 3.04000 2.7900 3.2900
service of specific loan
37
Perception about the processing 21.087 49 .000 2.78000 2.5151 3.0449
fee to get the loan
Are you satisfied with the 16.600 49 .000 2.36000 2.0743 2.6457
entire product of retail banking
unit
Elucidation:
The t-value in 5% significance level shows that customers’ perceptions towards all of the factors are
significant.
Perception about the Interest rate of your 50 1.00 5.00 3.2600 .94351
product taken from Trust Bank Ltd.
Perception about the after sale service of 50 1.00 5.00 3.0400 .87970
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specific loan
Perception about the processing fee to get the 50 1.00 5.00 2.7800 .93219
loan
Are you satisfied with the entire product of 50 1.00 5.00 3.0400 1.26103
retail banking unit
Valid N (listwise) 50
I. The availability of retail product: It is in satisfaction level because it scored more than 3 (4.00).
II. Delivery of your specific product on required time: It scored 3.42 which mean that the
perception about delivery of your specific product on required time is satisfactory.
III. Perception about documentation process for getting your product from Trust Bank
Ltd.: It scored 3.26, which means that the Perception about documentation process for getting
your product from Trust Bank Ltd is satisfied.
IV. Perception about the Interest rate of product taken from Trust Bank Ltd.:
Perception about the Interest rate of product taken from Trust Bank Ltd. is positive because it
scored 3.26 that they are quietly satisfied.
V. Perception about the after sale service of specific loan: Perception about the after sale
service of specific loan is positive because it scored 3.06. This shows positive.
VI. Perception about the processing fee to get the loan: It shows that the respondents are
mostly dissatisfied about the processing fee to get the loan because it scored 2.78 which
determine the negative side.
VII. Perception about the promotional campaign of retail banking: It scored 2.36, which
shows that most of the respondents are dissatisfied about the promotional campaign of retail
banking.
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VIII. Solution of any complaint related to retail banking product: Solution of any
complaint related to retail banking product is in dissatisfactory level. It scored 2.38.
IX. Satisfaction with the entire procedure of retail banking unit: It scored 3.04, which
shows that most of the respondents are dissatisfied about the entire procedure of retail banking
unit.
According to processing fee to get the loan, promotional campaign of retail banking, Solution of any
complaint, these three sectors scored less than 3.0, which show that company needs to recover on these
sectors to satisfy customers. But availability of retail product and delivery of specific product on required
time makes customers highly satisfied, because it scored 3.48 & 3.42 which are more than 3.0.
Major Findings
• Most of the Retail banking customers of Trust Bank Limited are service holder
• Loan disbursement process of Trust Bank Ltd. is not so good
• Any purpose loan taken most by the customers of Trust Bank Ltd.
• Not fulfillment of demand loan amount is the common reason for Nonperforming loans.
• The availability of retail product of Trust Bank Ltd. is pleasing.
• Delivery of specific product on required time is satisfactory.
• Perception about the processing fee to get the loan from Trust Bank Ltd. is not reasonable.
• Promotional campaign of retail banking is not up to mark.
• Solution of any complaint related to retail banking product is not satisfactory.
• Most of the Retail banking customers are satisfied with the entire procedure of retail banking unit
of Trust Bank Limited
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Recommendation
• Trust Bank Ltd. should undertake competitive pricing policy to make its Retail products more
attractive.
• Promotional campaign of retail banking should be increased through Trust Bank Ltd.
• Trust Bank Ltd. has to provide Solution of any complaint from customers as first as possible.
• They have to offer more variety of products to the customers.
• Documentation process should be easier.
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Conclusion
There are a number of Private Commercial Banks, Nationalized Commercial Banks and foreign Banks
operating their activities in Bangladesh. Trust Bank Ltd. is one of the private commercial scheduled
banks. For the future planning and the successful operation for achieving its prime goal in this current
competitive environment this report can be helpful guideline.
To plunk on the competitive environment of banking sector TBL can give reward to those officers for
their good achievement and it will increase their interest and motivation in work, pricing guidelines on
Retail Banking should be upgraded on regular basis.
These will also help the bank to assemble more profit. Surely TBL will achieve superior position in our
banking industry but to cope with customer TBL should think how to make it services proactive.
Banks always contribute towards the economic development of a country. Compared with other Banks
TBL is contributing more by investing most of its funds in fruitful projects leading to increase in
production of the country. It is obvious that right channel of Banking establish a successful network over
the country and Increases resources; will be able to play a considerable role in the portfolio of
development in developing country like ours.
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As a leading bank of Bangladesh, TBL contributes in the business with promising future. I can hope that
TBL can spread their business with increasing various retail proposal and other exceptional services.
Reference
o Books:
o Bank Publications:
o Website:
• www.trustbank.com.bd
• en.wikipedia.org
• www.google.com
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APPENDIX
QUESTIONNAIRE
Dear Respondent,
So I would like to request you to kindly spare a few minutes from your busy schedule to fill up the
questionnaire and make research a fruit full one. I assure you that information will be used only for this
report. Your kind co-operation will be highly appreciated.
About respondent:
Personal information
1. Name :
2. Living area :
3. Gender :
o Male
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o Female.
4. How old are you?
o Under 18
o 18-24
o 25-34
o 35-44
o 45-54
o 55 or above
6. Occupation : …………………………………………………………………….
Information about Retail banking of Trust Bank Limited (TBL), Mirpur Branch.
Please read carefully the questions and just put a tick mark (√) in the respective number and kindly
give response where necessary.
o Below average
o Average
o Good
o Very good
o Excellent
03. What type of loan you have taken from Trust Bank Limited?
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o Travel Loan
o Hospitalization Loan
04. What are the reasons of non-performing loans in Trust Bank Limited?
o High interest
o Slow disbursement process
o Not fulfillment of demand loan amount
o Critical documentation process
05. Reason for choosing this bank:
o Brand name
o Market condition
o Location
o Reference group
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Solution of any complaint related to retail banking product
Please provide your valuable suggestion for Retail Banking product of Trust Bank Ltd.
………………………………………………………………………………………………………………
………………………………………………………………………………………………………………
………………………………………………………………………………………………………………
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