Banking & Insurance

Assignment

Uttara University

Assignment No :- 01
Assignment Name :- Calculate the Highest profit
using various Types of interest
rates.

Date :- 14.10.2010
Submitted To:-
Ashraf Chawdhury
Lecterur
Deptt. of Business Administrator
Uttara University

Submitted By:-

1. Saif Md. Fahad

ID : M20911111016
2. S. M. Imran Parvej Rigan
ID : M20911111002
3. Khadija
ID: F20911111003
4. Farjana Akther Hira
ID : F20911111004

5.
ID : F

Program : - B.B.A.
Batch :- 18th (A)
Uttara University
Dutch-Bangla Bank Limited
(DBBL)
Dutch-Bangla Bank Limited (DBBL) is Bangladesh's most innovative and
technologically advanced bank. DBBL stands to give the most innovative
and affordable banking products to Bangladesh. Amongst banks, DBBL is
the largest donor in to social causes in Bangladesh. It stands as one of the
largest private donors involved in improving the country. DBBL is proud to
be associated with helping Bangladesh as well as being a leader in the
country's banking sector

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

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

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

Regular Deposit
Savings Deposit Account
Current Deposit Account
Short Term Deposit Account
Resident Foreign Currency Deposit
Foreign Currency Deposit
Convertible Taka Account
Non-Convertible Taka Account
Exporter's FC Deposit(FBPAR)
Current Deposit Account-Bank
Short Term Deposit Account-Bank

Term Deposit
Monthly Term Deposit.
Term Deposit 3 Months.
Term Deposit 6 Months.
Term Deposit 12 Months.
Term Deposit 24 Months.
Term Deposit 24 Months 1 year payout.
Term Deposit 36 Months.
Term Deposit 36 Months 6 months payout.
Term Deposit 36 Months 1 year payout.
Term Deposit above 36 Months.
Monthly Term Deposit Banks.
Term Deposit 3 Months Banks.
Term Deposit 6 Months Banks.
Term Deposit 12 Months Banks.
1 Month TD NFCD.
3 Months TD NFCD.
6 Months TD NFCD.
 Premium Bank

Corporate Vision
Building profitable and socially responsible financial institution focused on
Market and Business with Growth potential, thereby assisting Premium
Bank and stakeholders to build a just, enlightened, healthy democratic and
poverty free Bangladesh”
Corporate Mission
1. Sustained growth in Small & Medium Enterprise sector
2. Continuous low-cost depsit Growth with controlled growth in retail
assets.
3. Corporate Assets to be funded through self-liability mobilization.
Growth in Assets through syndications and investment in faster
growing sectors.
4. Continuous endeavor to increase non-funded income
5. Keep our debt charges at 2% to maintain a steady profitable growth
6. Achieve efficient synergies between the bank’s branches, SME unit
offices and field offices for delivery of remittance and Bank’s other
products and services
7. Manage various lines of business in a full controlled environment with
no compromise on service quality
8. Keep a divers, far flung team fully controlled environment with no
compromise on service quality
9. Keep a diverse, far flung team fully motivated and driven towards
materializing the bank’s vision into reality

Core Values
Our Strength emanates from our owner . This means, we will hold the
following values and will be guided by Premium Bank as we do our work.
1. Value the fact that one is a member of the Premium Bank family
2. Creating an honest, open and enabling environment
 3. Have a strong customer focus and build relationships based on
integrity, superior service and mutual benefit
4. Strive for profit & sound growth
5. Work as team to serve the best interest of our owners
6. Relentless in pursuit of business innovation and improvement
7. Value and respect people and make decisions based on merit
8. Base recognition and reward on performance
9. Responsible, trustworthy and law-abiding in all that we do.

ONE BANK
Introduction
Bangladesh is one of the largest Muslim countries in the world. The people
of this country are deeply committed to Islamic way of life as enshrined in
the Holy Qur'an and the Sunnah. Naturally, it remains a deep cry in their
hearts to fashion and design their economic lives in accordance with the
precepts of Islam. The establishment of Islami Bank Bangladesh Limited on
March 13, 1983, is the true reflection of this inner urge of its people, which
started functioning with effect from March 30, 1983. This Bank is the first of
its kind in Southeast Asia. It is committed to conduct all banking and
investment activities on the basis of interest-free profit-loss sharing system.
In doing so, it has unveiled a new horizon and ushered in a new silver lining
of hope towards materializing a long cherished dream of the people of
Bangladesh for doing their banking transactions in line with what is
prescribed by Islam. With the active co-operation and participation of
Islamic Development Bank (IDB) and some other Islamic banks, financial
institutions, government bodies and eminent personalities of the Middle East
and the Gulf countries, Islami Bank Bangladesh Limited has by now earned
the unique position of a leading private commercial bank in Bangladesh.

Aims and Objectives

1. To conduct interest-free banking.
2. To establish participatory banking instead of banking on debtor-creditor
relationship.
3. To invest on profit and risk sharing basis.
4. To accept deposits on Mudaraba & Al-Wadeah basis.
5. To establish a welfare-oriented banking system.
6. To extend co-operation to the poor, the helpless and the low-income
group for their economic up liftment.
7. To play a vital role in human development and employment generation.
8. To contribute towards balanced growth and development of the country
through investment operations particularly in the less developed areas.
9. To contribute in achieving the ultimate goal of Islamic economic system.

Corporate Information
Date of Incorporation 13th March 1983 Inauguration of 1st Branch
(Local office, Dhaka) 30th March 1983 Formal Inauguration 12th August
1983 Share of Capital Local Shareholders 41.77% Foreign Shareholders
58.23% Authorized Capital Tk. 10,000.00 million Paid-up Capital Tk.
7,413.00 million Deposits Tk. 265,193.00 million Investment
(including Investment in Shares) Tk. 255,178.00 million Foreign Exchange
Business Tk. 277,739.00 million Branches Total number of Branches 244
-Regular Branches 224 -SME Service Canters 20 Number of AD
Branches 43 Number of Shareholders 52164 Manpower 9588

Functions
The functions of Islami Bank Bangladesh Limited are as under:

1. To maintain all types of deposit accounts.

2. To make investment.
3. To conduct foreign exchange business.
4. To extend other banking services.
5. To conduct social welfare activities through Islami Bank Foundation.
Calculation :
Here,
Time = 5 years
Amount = TK 500000/-

Bank Time Interest Profit Total After 5

Name Rate years
3 Months 8% 2500 502500 10196220.3
6 Months 8% 10000 510000 5197048.59
DBBL
1 Year 8% 40000 540000 2173610.6

Bank Time Interest Profit Total After 5

Name Rate years
3 Months 9% 11250 511250 10229914.1

BRAC 6 Months 9.25% 23125 523125 9959505.74

BANK 1 Year 9.30% 46500 546500 2751082.37

Bank Time Interest Profit Total After 5 years

Name Rate
3 Months 9% 11250 511250 10229914.1

ONE 6 Months 9% 22500 522500 5234491.93

BANK 1 Year 9% 45000 545000 57134352.56
Result : -
We find that BRAC BANK & ONE BANK give the highest profit under the
scheme of 3 Months,9% interest rate.