Credit management procedure: a study on Dhaka Bank Limited, foreign exchange branch, Dhaka

Abstract

Dhaka Bank Limited (DBL) was incorporated as a Public Limited Company on April 06, 1995 under the Company Act 1994 and started its Commercial Operation on June 05, 1995 as Private Commercial Bank. The Bank started its journey with an Authorized Capital of Tk.1000.00 Million and Paid up Capital of Tk.100.00 Million. Today it is one of the most renowned Private Commercial Banks having multiple branches in the major cities of the Country. Dhaka Bank Limited (DBL) has started its Business with all the features of a Corporate Bank and the Products of both Corporate and Retail Banking System; to facilitate the all types of loan facilities and to provide the Foreign Trade to their honorable client. DBL is always trying to improve their Banking System in every sector, but in today’s Competitive Business World, Banks need to offer additional concentration to the Clients’ requirements in order to stay at the top. Therefore, besides dealing with the general attributes of Different Products, they have been trying to put more emphasis on the Customer Benefits and other Customer related Facilities. The topic of the report is “Credit Management Procedure: A study on Dhaka Bank Limited, Foreign Exchange Branch”. The main purpose of the report becomes very clear from the topic of the report. The report discusses about the different credit facilities, approval process, monitoring and performance. At the end a very qualified and dedicated group of officers and staffs are working in the Credit Division of Dhaka Bank Limited, Foreign Exchange Branch and are always trying to provide the best service to the clients. They always monitor the credit in different sectors and their position. Their credit approval and monitoring process and its performance improved very rapidly and still trying their best to improve more and more. So, within a very short period they earned the respect and acceptance from the customers and now it is one of the leading private Commercial Bank of the Country.