Ratio Analysis of Jamuna Bank

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Report On Ratio Analysis of Jamuna Bank
Submitted To:
Mr.K.M.Zahidul Islam Senior Lecturer Faculty of Business and Economics Daffodil International University
Submitted by:
MD. Jilllur Rahman Khan ID. No: 041-18-243 Program: B.Com (Hons) Batch: 3rd
Daffodil International University

102, Sukrabad, Mirpur Road Dhanmondi, Dhaka-1207
Submission Date: September 19, 2006
www.final-yearproject.com | www.troubleshoot4free.com/fyp/ September 19, 2006 Mr. K.M. Zahidul Islam SeniorLecturer Department of Business and Economics Daffodil International University Shukrabad, Dhanmondi Dhaka-1205 Subject: Prayer for submission of Ratio Analysis on Jamuna Bank Limited. Dear Sir: I beg to state that I am a regular student of B.com (hons) of Daffodil International University. I am submitting this report on Jamuna Bank Limited as you give me a great chance to prepare a report on this prestigious bank. It can be said that by doing this kind of assignment I have learned a lot of excellent information about banking sector. To prepare this report I have shared my views and ideas with the executive of this bank. Now, I have a nice experience to communicate with different kinds of people which I have taught to do this term project. As my course teacher give me a great chance to prepare this kind of excellent assignment I have tried from my best to input the all kinds of necessary information. I beg to add that this Ratio Analysis increase my knowledge and also give some experience to do work practically. Thats why, I am very grateful to my course teacher to give me a great chance to prepare this report. I will be highly appreciated if you give me permission to submit this report. Sincerely yours Md. Jillur Rahman Khan I.D.No-041-18-243
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Acknowledgement
At first I want to give thanks to the Almighty Allah who is our creator and has given us life to live on earth. Thats why, I like to pray to Him and want His blessings to lead my life properly. After that I want to show my cordial respect and greetings to my honorable course teacher Mr. K.M Zahidul Islam who has given these kinds of excellent report. By doing this I get an excellent chance to increase my knowledge about bank sector which is the most important field for business students. My special thanks to Mr.Ayub Ali Chowdhury (Assistant Vice President), Mr. Aftab Hossain (HRM Department) who have helped me to provide valuable information which are mandatory to make my report. And finally I would like to thank again to my course teacher who gives me chance to make this kind of excellent assignment.
Executive Summary
This report is prepared as partial requirements of the B.Com (Hons) program. By doing this report I have gained a vast of knowledge about banking criteria. Banks are among the most important financial institutions in the economy Bank is a financial intermediary accepting deposits and granting loans and also offers the widest menu of services- especially credit, savings, and payment services. Bank originated from the French word banquemeans bench or from the Italian word banca means money changers table. Historians have observed that first bankers lived more than 2000 years ago .Most of the early banks of any size were Greek in origin. Industrial Revolution in Europe and the United States ushered in new banking practices and services. Commercial Banks, also known as retail banks, cater directly for the general public and land to mostly small and medium sized firms. Investment Banks, also known as merchant banks, concentrate on raising money for companies from private investors or in the financial markets, by finding buyers for their equity and corporate bonds. Wholesale Banks largely transact with other banks and financial institutions Universal Banks unify banking, fiduciary, insurance, and security brokerage services under one roof. Referred to as all fining in Germany, and as bank assurance in Finance. Banks Provide a valuable service in diving up large denominated instruments into smaller securities those are readily affordable for million people. Banks willingly accept risky loans from borrowers, while issue lowrisk securities to their depositors. Banks satisfy the strong need of many customers for liquidity. Banks are capable of evaluating information to which individual borrowers or depositors dont have any access. Banks provide confidentiality to their customer accounts. Banks can diversify and reduce their risk exposure, resulting in increased safety for their depositors. When a customer is granted a loan, she needs to sign a promissory note and receive, in turn, a banks deposit (transaction account). The customers promissory note is not money; it cannot be used to buy goods and services whereas banks transaction deposit is money and can readily be spent almost any where. Entire banking system can also create money as the deposits generated by lending flow from banks to banks. I have tried to find the above terms used in Jamuna Bank which I have provided in the next pages.
Origin of Report:
The world is going with globalization in where the business is facing new challenge in every day market. In economy new dimensions are coming. So to keep consistence with this kind of environment each company needs some skill person who have suitable knowledge to take the new challenge in business criteria. So this kind of assignment will help to prepare the students to make their selves as a smart executive in future. As a requirement from business faculty of D.I.U preparing this term paper is really useful for me. Because of doing this, I have gained some practical knowledge which is needed for my real life.
Objective of the Report

The objectives of the report are. 1. To observe the procedures of JBL. 2. To find the different kinds of services of JBL
Scope of the study

Jamuna bank is one of the latest private banks in Bangladesh. The main branch in Motijeel is the scope of study. The term paper covers different kind of services by JBL such as customer service, loan service, and online banking e.g.
Methodology of the study

The term paper has made based on different sources of information. Mainly I have collected my information to communicate with the executive of JBL. I have gone there and asked the executive which I needed and at the same time interviewed with managers and assistant vice president of JBL. Also I have collected some information from customers. There are also some important sources from where I have got all of my necessary information such as internet, annual report of JBL, Newspaper.
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Overview of the Organization
Jamuna Bank Limited (JBL) is a Banking Company registered under the Companies Act, 1994 with its Head Office at Printers Building (2nd & 8th Floor), 5, Rajuk Avenue, Dhaka-1000. The Bank started its operation from 3rdJune2001.JamunaBank Limited is a highly capitalized new generation Bank with an Authorized Capital and Paid-up Capital of Tk.1600.00 million and Tk.390.00 million respectively. The Paidup Capital has been raised to 429.00 million and the total equity of the bank stands at725.00 million as on June 30, 2005. Currently the Bank has 23 (twenty three) branches 10 in Dhaka, 1 in Gazipur, 4 in Chittagong , 3 in Sylhet 1 in Bogra, 2 in Naogaon, 1 in Munshigang and 1 in Narayanganj (including six Rural Branches). The Bank undertakes all types of banking transactions to support the development of trade and commerce of the country. JBL's services are also available for the entrepreneurs to set up new ventures and BMRE of industrial units. Jamuna Bank Ltd., the only Bengali named new generation private commercial bank was established by a group of winning local entrepreneurs conceiving an idea of creating a model banking institution with different outlook to offer the valued customers, a comprehensive range of financial services and innovative products for sustainable mutual growth and prosperity. The sponsors are reputed personalities in the filed of trade, commerce and industries. The Bank is being managed and operated by a group of highly educated and professional team with diversified experience in finance and banking. The Management of the bank constantly focuses on understanding and anticipating customers needs. The scenario of banking business is changing day by day, so the bank's responsibility is to device strategy and new products to cope with the changing environment. Jamuna Bank Ltd. has already achieved tremendous progress within only two years. The bank has already ranked as one of the quality service providers & is known for its reputation. Jamuna Bank offers different types of Corporate and Personal Banking Services involving all segments of the society within the purview of rules and regulations laid down by the Central Bank and other regulatory authorities.
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VISION
To become a leading banking institution and to play a pivotal role in the development of the country.
MISSION
The Bank is committed to satisfying diverse need customers through an array of products at a competitive price by using appropriate technology and providing timely service so that a sustainable growth, reasonable return a contribution to the development of the country can be need with a motivated and professional workforce.
OBJECTIVES
To earn and maintain CAMEL Rating 'Strong' To establish relationship banking and improve service quality through development of Strategic Marketing Plans. To remain one of the best banks in Bangladesh in terms of profitability and assets quality. .To introduces fully automated systems through integration of information technology. To ensure an adequate rate of return on investment To keep risk position at an acceptable range (including off balance sheet risk) To maintain adequate liquidity to meet maturing obligations and commitments. To maintain a healthy growth of business with desired image. To maintain adequate control systems and transparency in procedures. To develop and retain a quality work-force through an effective human Resources Management System. To ensure optimum utilization of all available resources To pursue an effective system of management by ensuring compliance to ethical norms, transparency and accounts at all levels.
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Branch Network
01.Mohakhali Branch ,Dhaka Ismail Mansion 32 Mohakhali C/A, Dhaka PABX: 9887269, 9889273-4 SWIFT: JAMUBDDH035 Branch Manager: Mr. Khorshed Ahmed Nayeem Vice President 02. Sonargaon Road Branch,Dhaka 1/G, Free School Street Sonargaon Road, Kawran Bazar, Dhaka Tel: 9677048,9677049 PABX: 9670655,9677050 SWIFT: JAMUBDDH039 Branch Manager: Mr. Mahboob Alam Choudhury Vice President 03. Moulvibazar Branch, Dhaka Mustaquim Mansion 77/3, Moulvibazar,Dhaka. PABX: 7315025, 7315026 SWIFT: JAMUBDDH036 Branch Manage: Mr. Istiaqul Jalil Khan Vice President 04. Agrabad Branch, Chittagong Jahan Building No. 4 76-77, Agrabad C/A, Chittagong PABX: (031) 727727 SWIFT: JAMUBDDH038 Branch Manager: Mr. Mohammed Abdul Gaffar Chowdhury Sr, Executive Vice President 05. Dilkusha Branch, Dhaka 33, Dilkusha Commercial Area Dhaka-1000 PABX: 9565608, 9551419, 9558972 SWIFT: JAMUBDDH037
www.final-yearproject.com | www.troubleshoot4free.com/fyp/ Branch Manager Mr. Sk. Ruhul Amin Executive Vice President 06. Goala Bazar Branch ,Sylhet New Plaza, Goala Bazar Osmani Nagar, Balaganj, Sylhet PABX : (08222) 87352-3 Branch Manager (In-Charge): Nabil Ahmed Sr. Executive Office 07. Beani Bazar Branch ,Sylhet Fatehpur, Union 6 Beani Bazar Beani Bazar, Sylhet Phone :08223 - 88022 Branch Manager: Mr. Harunur Rashid First Asstt. Vice President 08. Sylhet Branch , Sylhet Sahir Plaza, 7647, Zinda Bazar Kotoali, Sylhet PABX : 0821-725409 Branch Manager: Mr. Md. Fazlul Jalil Sr. Assistant Vice President 09. Shantinagar Branch , Dhaka 41/B, Chamelibag Shantinagar, Dhaka
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STRATEGIES
To raise capital up to Tk. 1000.00 million by March 2006. .To manages and operates the Bank in the most efficient manner to enhance financial performance and to control cost of fund To strive for customer satisfaction through quality control and delivery of timely services To identify customers' credit and other banking needs and monitor their perception towards our performance in meeting those requirements. To review and update policies, procedures and practices enhance the ability to extend better service to customers To train and develop all employees and provide them adequate resources so that customers' needs can be reason addressed. To promote organizational effectiveness by openly communicating company plans, policies, practices and procedures to employees in a timely fashion To cultivate a working environment that fosters positive motivation for improved performance To diversify portfolio both in the retail and wholesale Market. To increase direct contact with customers in order to cultivate a closer relationship between the bank and customers
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INCOME STATEMENT
For the period ended December 31, 2005 Particulars 2005 2004 2003 Amount (Tk.) Amount (Tk.) Amount (Tk) Interest income 1,374,379,710 1,004,359,239 738,496,818 Interest paid on deposits, borrowings etc. 1,045,462,115 726,064,552 592,836,055 Net interest income 328,917,595 278,294,687 145,660,763 Income from Investment 126,303,992 80,439,298 27,373,544 Commission, exchange and brokerage income 211,337,861 133,703,617 71,204,997 Other operating income 38,249,889 20,036,441 9,659,631 Total Operating Income 704,809,337 512,474,034 253,898,935 Salaries and allowances 110,139,273 94,493,095 57,598,984 Rent, rates, taxes, insurance, lighting etc. 32, 883, 24226,775,150 21,686,942 Legal expenses 354,101 272,257 70,705 Postage, stamp, telephone 20,035,992 9,452,847 6,282,000 Stationery, Printing, Advertisements etc. 16,238,084 11,459,595 7,726,381 Managing directors salary & allowances 3,297,581 4, 197, 0965,053,582 Directors fees & others 2,098,485 2,174,953 2,511,958 Auditors fee 60,000 60,000 30,000 Depreciation and Repair, maintenance of Banks assets 17,492,129 13,919,940 8, 508, 358 Other expenses 82,269,758 40,837,161 15,554,103 Total Operating Expenses 284,868,575 203,642,094 125,022,979 Profit / (loss) before provision 419,940,762 308,831,949 128,875,956 Provision for loans, advances and others 56,631,523 35,127,923 17,901,327 Total profit before tax 363,309,239 273,704,026 110,974,629 Provision for tax 163,489,158 117,751,036 49,831,753 Net Profit/ (loss) after tax 199,820,081 155,952,990 61,142,921 Retained surplus brought forward from previous year 101,309,925 97,740 149,745 Retained surplus before appropriation 301,130,006 156,050,730 61,292,666 Appropriations: Statutory reserve (20% on pre-tax profit) 72, 6618 54,740,805 22,194,926 Proposed Dividend as bonus share (10:1) - 99,450,000 39,000,000 Retained Surplus 228,468,158 1, 859, 92 Earning per share (EPS)/Adjusted EPS of 2003 46.58
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BALANCE SHEET
As at December 31, 2005 Property and Assets2005 2004 2003 Amount (Tk.) Amount (Tk.) Amount (Tk.) Cash In hand (including foreign currency) 152, 207, 097113, 798, 47779,590,376 With Bangladesh Bank & Sonali Bank (including foreign currency) 659,108,935274,037,264335,728,605 Balance with other Banks Institutions2,442,781,1413,043,025,1563,062,724,888 & Financial
In Bangladesh2, 371, 218, 6732, 929, 629, 7372,953,034,114 Outside Bangladesh71, 562,468113,395,419109,690 Money at Call & Short Notice60, 000, 0001, 632, 000, 0001,719,000,000 Investment2, 037, 835, 3541,163,703,654935,477,100 Government1, 505,698,800 950,302,500730,322,100 Others532, 136,554213,401,154205,155 Loan & Advances11, 011, 834, 5556, 722, 804, 3343,239,519,065 i) Loans, cash credit, overdrafts etc.9, 304, 777, 2355, 405, 427, 3022,539,743,366 ii) Bills discounted & purchased1, 707, 057, 3201,317,377,032699,775,699 Fixed Assets106, 464, 13697, 988, 26666,602,931 Other Assets393, 533,997444,166,685328,143,985 Non-Banking Assets -Total Assets16, 863,765,21513,491,523,8369,766,786,950
Liabilities and Capital2005 2004 2003 Amount (Tk.) Amount (Tk.) Liabilities Borrowing From Other Banks & Financial Institutions 867,800,000 2,048,500,000 2,355,000,000
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Deposits & Other Accounts 14,454,129,315 10,450,160,991 6,614,059,192 i) Current deposit & other accounts 1,543,069,330 905,888,757 529,209,427 ii) Bills payable 109,286,849 78,479,501 68,271,519 iii) Savings deposit 749,516,507 614,956,477 282,748,281
iv) Bearer certificate of deposit - - v) Short term deposit 384,028,052 238,793,721 101,958,239 vi) Fixed deposit 10,899,416,811 8,023,257,967 5,138,561,797 vii) Deposit under special scheme 731,073,005 581,391,396490,809,194 viii) Foreign currency deposit 37,738,761 7,393,174 2,500,735 ix) Call deposit - - Other Liabilities 734,695,291 385,542,317 346,360,220 Total Liabilities 16,056,624,606 12,884,203,308 9,315,419,412 Capital Capital & Shareholders Equity i) Issued & Paid Up Capital 429,000,000, 429,000,000 390,000,000 (4, 29, 0000 ordinary shares of Tk. 100 each) ii) Statutory reserve 149,672,451 77, 010,604,322,269,798 iii) Proposed issue of bonus share - -39,000,000 iv)Surplus in Profit and Loss A/C 228,468,158 101, 309,923,597,740 Total Shareholders Equity 807,140,609 607,320,528 451,367,538 Total Liabilities & Shareholders Equity 16,863,765,215 13,491,523,836 9,766,786,950
Ratio Analysis
(All amounts are in Taka)
ROE=Net income after tax / Total equity =19982008115595299061142921 / 807140609607320528451367538 =2.475653916% Interpretation: The Management efficiently gains 2.475653916% profit by using the Shareholders investment. ROA=Net income after tax / Total Asset =19982008115595299061142921 / 16863765215134915238369766786950
=0.000118490787%
Interpretation: The Management increase profit 0.00011849078% per year.
NIM=Interest income Interest expense /Total Asset =13743797101004359239738496818 1045462115726064552592836055 / 16863765215134915238369766786950 =0.0019504395%
Interpretation: 0.0019504395%NIM means if the Management deduct all expense

from sales then NI is 0.0019504395 from 100. EPS=46.58
Interpretation: The Organization can earn 46.58 taka by selling every share.
Net operating Margin=Total operating income Total operating expense /Total Asset =704809337512474034253898935 284868575203642094125022979 / 16863765215134915238369766786950 =0.0024%
Interpretation: 0.0024% Net operating Margin means if the Management deducts all
operating expense from operating revenue then Net operating income is 0.0024 from 100.
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Financial Highlights
No. of Particulars
2005 20042003
1 Paid up capital429, 000,000 429,000,000390,000,000 2 Capital916, 456,000 674,650,000483,971,000 3 Capital surplus /deficit 115, 540,000 148,506,000204,304,000 4 Total assets16, 863,765,215 13, 491, 523, 8369,766,786,950 5 Total deposits14, 454,129,315 10, 450, 160, 9918,629,059,192 6 Total loans & Advances11, 011,834,555 6, 722, 804, 3343,239,519,065 7 Total contingent liabilities & commitments5, 445,677,509 2, 903, 956, 3901,772,761,956 8 Advance deposit ratio76.18% 64.33%37.54% 9% of classified loans against total loans and advances0.46%0.04%.02% 10 Profit after taxation199, 820,081 155, 952, 99061,142,921 11 Amount of Classified loan51, 051,000 2,828,657635,107 12 Provision kept at classified loan include. SMA (Fully Provided) 10,206,550 1,037,407635,107 13 Provision surplus/deficit- -14 Cost of Deposit8.79% 7.84%8.94% 15 Interest earning assets15, 551,752,250 12, 559, 226, 4908,951,223,195 16 Non-interest earning assets1, 312,012,965 932,297,346815,563,755 17 Return on investment6.20% 6.91%2.93% 18 Return on assets1.18% 1.16%1.32% 19 Income from investment126, 303,992 80, 439, 29827,373,544 20 Earning per share46.58 36.3515.68 21 Net Income per share46.58 36.3515.68 22 Price earning ratio188.14 141.57N/A
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Foreign Remittance
Jamuna Bank Ltd. has a network of 19 branches in Bangladesand 4 more branches are going to be added to network soon. Remittance services are available at all branches and foreign remittances may be sent to any branch by the remitted favoring their beneficiaries. Remittances are credited to the account of beneficiaries instantly through Electronic Fund Transfer (EFT) mechanism or within shortest possible time. Jamuna Bank Ltd. has correspondent banking relationship with all major banks located in almost all the countries/cities. Expatriate Bangladeshis may send their hard earned foreign currencies through those banks or may contact any renowned banks nearby ( where they reside/work) to send their money to their dear ones in Bangladesh. To facilitate sending money in Bangladeshi Taka directly, Jamuna Bank Ltd. has Taka Drawing Arrangement with many banks/exchange companies in different countries. The expatriate Bangladeshis may send their money in BDT through the branches/subsidiaries of Jamuna Bank Ltd.
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International Trade Finance
International Trade forms the major business activity undertaken by Jamuna Bank Ltd. The Bank with its worldwide correspondent network and close relationships with key financial institutions provides an extensive trade services network to handle your transactions efficiently. Our key branches in Dhaka, Chittagong, Sylhet and Naogaon are staffed by personnel experienced in International Trade Finance. These offices are the focal point for processing import and Export transactions for both small and large corporate customers. We offer a complete range of Trade Finance services. Our Professionals will work with you to develop solutions tailored to meet your requirements, through mobilizing our full range of trade services locally, and drawing on our global resources. We can offer you professional advice on all aspects of International Trade requirements, namely: Issuing, advising and confirming of Documentary Credits. Pre-shipment and post-shipment finance. Negoiationand purchase of Export Bills. Discounting of Bills of Exchange. Collection of Bills. Assist customers to insure all risks. Foreign Currency Dealing etc. List of Foreign Correspondents To provide International Trade related services we have established Correspondent Banking relationship with 336locations of 106 world reputed Banks in more than 100countries.
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Our main Correspondent Banks are:
Citi Bank N.A., Standard Chartered, American Express Bank,Bank of New York, Bank of Nova Scotia, Duetche Bank, DresdnerBank AG, Habib American Bank, Habib Bank AG Zurich, BayerischeHypo Vareins Bank, Mashreq Bank PSC, Nordea Bank AB, RoyalBank of Canada, UBS AG, Union De Banques Arabes ET,Francaises, Wachovia Bank NA, Forties Bank S.A/NV, SvenskaHandlesbanken, Bank of Ceylon, Banca Toscana, ABN Amro Bank,Commonwealth Bank of Australia, Danske Bank A/S. Absa BankLtd., Agricultural Bank of Chaina, Banca Intesa SPA, BancaItalo Albanese, Banca Popolare Commercio E Industria SPA,Bank Austria Credittanstal AG, Bank Commonwealth, Bank Madiri(Europe), Bank of Cyprus, Bank of Bahrain and Kuwait, Bank ofJordan Ltd., Bank Sadarat Iran, Blue Nile Bank, CommercialBank of Kuwait, Commercial Bank of Qatar Ltd., DevelopmentBank of the Philippines, Dexia Bank SA, EON Bank Berhad,First International Merchant Bank PLC., Foreign Trade Bank oNorth Korea, Foreign Trade Bank of Vietnam, Hiroshima bank,HVB, Hungary RT, ICICI Bank Canada. Industrial and CommercialBank of China, ING Bank NV, Islamic Bank of Yemen and forFinance & Investment, Korea Exchange Bank, NationalCommercial Bank, Shinhan Bank, State Bank of India (Canada)UFJ Bank Ltd., United Bank of India, Bank of Bhutan, AlliedBank Philippines.
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Lease
Finance Lease means a contractual relationship between the owner of the asset and its user for a specified period against mutually agreed upon rent. The owner is called the lesser and the user is called the Lessee. Lease finance is one of the most convenient sources of financing of assets via machinery, equipment vehicle, etc. The user of the assets i.e. Lessee is benefited through tax advantages, conserving working capital and preserving debt capacity. Moreover, Lease is an off-balance sheet item i.e lease amount is not shown in the balance sheet of the lessee and does not affect borrowing capacity. Leasing enables the lessee to avail the services of a plant or equipment without making the investment or incurring debt obligation. The Lessee can use the asset by paying a series of periodic amounts called lease payment or lease rentals to the owner of the asset at the predetermined rates and generally in advance. The payments may be made monthly or quarterly. Jamuna Bank Ltd., the highly capitalized private Commercial Bank in Bangladesh has introduced lease finance to facilitate funding requirement of valued customers & growth of their business houses.
Lease Items
Vehicles like luxury bus, Mini bus , Taxi cabs cars, Pick-up, CNG three wheeler etc. Factory equipment. Medical equipment Machinery for Agro Based Industry Construction equipment Office equipment Generators, Lift & Elevators for commercial place. Sea or River Transport. Computer for IT Education Center.
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Inquiry Form: CIB-1A

(For Individual/Institution)
New Amount of loan applied for: In figure In words Renewal Enhancement Others 1. Name of the Bank/Financial Institution. 2. Name of Branch. 3. Under district of Branch Code No. .. 4. Reference Nos. of branch Date. 5. Reference Nos. of Head Office Date 6. Borrower code.. (If available): 7. Name of the borrower in full. 8. Abbreviated name 9. Fathers name case of individual) 10. Mothers name (In case of individual).. 11. Husbands Name (In case of individual) 12. Address: a) b) c) d) Permanent. Present.. Business Factory.
13. Tel. No.. 14. TIN.. 15. Individual ID No. To the best of our knowledge the above borrower obtained the credit facilities from different banks/financial institutions as mentioned below:Name of the banks/financial Institutions district Name of branch with
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Corporate Banking
The motto of JBL's Corporate Banking services is to provide personalized solutions to our customers. The Bank distinguishes and identifies corporate customers' need and designs tailored solutions accordingly. Jamuna Bank Ltd. offers a complete range of advisory, financing and operational services tits corporate client groups combining trade, treasury, investment and transactional banking activities in one package. Whether it is a project finance, term loan, import or export deal, a working capital requirement or a forward cover for a foreign currency transaction, our Corporate Banking Managers will offer you the accurate solution. Our corporate Banking specialists will render high class service for speedy approvals and efficient processing to satisfy customer needs. Corporate Banking business envelops a broad range of businesses and industries. You can leverage on our know-how in the following sectors mainly: Agro processing industry Industry (Import Substitute / Export oriented) - Textile Spinning, Dyeing / Printing - Export Oriented Garments, Sweater. - Food & Allied - Paper & Paper Products - Engineering, Steel Mills - Chemical and chemical products etc. Telecommunication Information Technology Real Estate & Construction Wholesale trade Transport Hotels, Restaurants Non Bank Financial Institutions Loan Syndication Project Finance Investment Banking Lease Finance Hire Purchase International Banking Export Finance Import Finance
Online Banking
Jamuna Bank Limited has introduced real-time any branch banking on April 05, 2005. Now, customers can withdraw and deposit money from any of its 23 branches located at Dhaka, Chittagong, Sylhet, Gazipur, Bogra, Naogaon, Narayanganj and Munshigonj. Our valued customers can also enjoy 24 hours banking service through ATM card from any of Q-cash ATMs located at Dhaka, Chittagong, Khulna, Sylhet and Bogra.All the existing customers of Jamuna Bank Limited will enjoy this service by default.
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Key features:
Centralized Database Platform Independent Real time any branch banking Internet Banking Interface ATM Interface Corporate MIS facility Delivery Channels: Branch Network ATM Network POS (Point of Sales) Network Internet Banking Network Online Banking Launching Ceremony held at Hotel Sheraton on April 2005 Opening of Online Banking Services of Jamuna Bank Limited
Personal Banking
Personal Banking of Jamuna Bank offers wide-ranging products and services matching the requirement of every customer. Transactional accounts, savings schemes or loan facilities from Jamuna Bank Ltd. make available you a unique mixture of easy and consummate service quality. We make every endeavor to ensure our clients' satisfaction. Our cooperative & friendly professionals working in the branches will make your visit an enjoyable experience. Deposit Accounts Q-Cash Round the Clock
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Q-Cash Round The Clock Banking
Jamuna Bank Q-Cash ATM Card enables you to withdraw cash and do a variety of banking transactions 24 hours a day. Q-Cash ATMs are conveniently located covering major shopping centers, business and residential areas in Dhaka and Chittagong. ATMs in Sylhet, Khulna and other cities will soon start be introduced. The network will expand to cover the whole country within a short span of time. With your Jamuna Bank Q-Cash ATM card you can: Cash withdrawal Round The Clock from any Q Cash logo marked ATM booth POS transaction (shopping malls, restaurants, Jewell Aries etc Enjoy overdraft facilities on the card (if approved) Utility Bill Payment facilities Cash transaction facilities for selective branches nationwide ATM service available in Dhaka and Chittagong Withdrawal allowed from ATM's of Jamuna Bank Ltd., AB Bank, The City Bank, Janata Bank, IFIC Bank, Mercantile Bank, Pubali Bank,Eastern Bank Ltd. respectively And more to come Is Q-Cash Is Q-cash Secure Yes, Q-Cash is fully secure. Q-Cash cardholders can only carry out transactions on QCash ATMs with Personal Identification Numbers (PIN). The PIN is a unique 4-digit number that allows you to access your account. You can change your PIN anytime from ATM machine. In case you have lost your card, transactions cannot be done without the PIN.Jamuna Bank Limited has installed its first Q-cash ATM at Dhanmondi Branch, Dhaka Jamuna Bank is going to issue VISA card soon. In line with the issuance of Q-cash products JBL is going to introduce VISA card very soon.
SWIFT
Jamuna Bank Limited is the member of SWIFT (Society for Worldwide Inter-bank Financial Telecommunication). SWIFT is member owned co-operative, which provides a fast and accurate communication network for financial transactions such as Letters of Credit, Fund transfer etc. By becoming a member of SWIFT, the bank has opened up possibilities for uninterrupted connectivity with over 5,700 user institutions in 150 countries around the world. SWIFT No.: JAMUBDDH
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Latest from JBL
A prospectus of JBL has been published in the "The Financial Express" on December 15, 2005 OPENING DATE FOR SUBSCRIPTION: February 05, 2006 CLOSING DATE FOR SUBSCRIPTION: February 09, 2006 Jamuna Bank has opened its 23rd Branch at Narayanganj26/12/2005, 22nd Branch at Baligaon, Munshiganj on 22/12/2005, 21st Branch at Bogra on 18/12/2005 and 20th branch at Chistia Market (Gausia Market), 393/B Elephant Road, Dhaka on 27/11/2005. Jamuna Bank has opened its 20th Branch at Chistia Market (Gausia Market), 393/B Elephant Road, Dhaka on 27/11/2005 \ The bank has organized Customer Night-2005 at Dhaka Sheraton Hotel on August 04, 2005. Jamuna Bank has signed an agreement with Banglalink receive banglalink mobile bill through its 19 online branches Mr. Arifur Rahman and Mr. Farhad Ahmed Akand haveunanimously been elected as Chairman and Vice Chairman of the Board of Directors of Jamuna Bank Limited respectively in the 49th meeting of the Board of Directors held on May 10, 2005.Jamuna Bank has launched its Online Banking services on April 05, 2005
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Recommendation
In my opinion, Jamuna Bank is doing their business well. Some parts they are so experts that they are performing well. When I visit the Jamuna Bank ltd, I found in the organization that they believe in flat organization. For making their organization flat, they are gradually decreasing their human resources from the organization in order to maintain a good relationship from top to bottom and to get best employees and to get the maximum output from them. According to their point of view, they want to be one of the market leaders within two years in a sector of banking. For achieving their goals, they are making strategies in that manner that they can reach to their goals within short span of time. For attracting Customer they are taking different strategies day by day. Their overall performance makes me to believe that they have a good future in the sector of banking. I wish the best for their growth.
xxii
Bibliography
*Internet-www. Jamuna Bank bd.com *Annual Report 2005
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Ratio Analysis of Jamuna Bank

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Ratio Analysis of Jamuna Bank

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www.final-yearproject.com | www.troubleshoot4free.

Report On Ratio Analysis of Jamuna Bank

Daffodil International University

Submission Date: September 19, 2006

Objective of the Report

Scope of the study

Methodology of the study

Overview of the Organization

Interpretation: 0.0019504395%NIM means if the Management deduct all expense

International Trade Finance

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Internet-www. Jamuna Bank bd.com Annual Report 2005

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