General banking of Agrani Bank Limited

Abstract

Agrani Bank Limited (ABL) is set up in 1972. It is a state claimed bank. It is framed by the piece of ex-Habib Bank ltd and ex-Commerce Bank ltd. Agrani Bank Limited is a Bank with an Authorized Capital and Paid-up Capital of Tk.800.00 million and Tk.248.00 million separately. There are around 867 branches in which 10 branches are corporate. There are around 341 city branches and 526 rural branches. The top managerial staff is comprised of 11 individuals. The Chairmen and Directors are assigned by government. There are six areas of Agrani Bank Limited (Mouchak br.); those are Cash, computer section, account opening, clearing, Accounts and local remittance. Cash section collect cash and pay payment in cash, computer section posting the vouchers, account penning section open new accounts, clearing section deal with clearing function, account section prepare different statement etc. The qualities of ABL are state possessed bank, wide picture, and unlimited trustiness about ABL to country individuals, high duties for clients, qualified and encounter staff and so on. The shortcomings of ABL are absence of administration giving mindset, absence of IT applications, somewhat manual based, lack of inspiration of laborers, and relies on upon head office. The strengths of ABL are high demand of credit, high request of little endeavor financing, high demand of settlement office and high request of venture by saving. The dangers of ABL are interference of CBA and Officers' Somiti, some business and remote banks, some principles and controls of Bangladesh Bank, present of comparable sorts of retail saving money item and so on. The deficiency of ABL is bureaucratic multifaceted nature in management of ABL is high in connection to general keeping money work. Administration of GB practice abundance conventions. Other drawbacks are absence of service providing mentality, interference of CBA and Officer Somiti in operation of GB, lobbing from upper level for doing unfair activities, lacking of motivation in GB personnel due to irregular promotion, lack of using IT application and manual based operation. There are few recommendations toward concerned authority for incapacitating the shortcomings of ABL which are, all banking doings should be performed using IT, bank should disregard the manual based operation, all divisions should be well decorated, staff and officers should speak polite and low voice, Bank should introduce new product, Bank should consider experience , written test and viva examination in cases of promotion, bank should provide appropriate training, take motivational effort, To limit interferences of CBA and Officers’ Somiti.