Analysis of off-Shore banking at Dhaka Bank Limited

Abstract

Dhaka Bank Limited (DBL) is one of our country's fastest-growing financial institutions, and it has significantly contributed to our economy since it was founded in 1995. DBL, a private commercial bank, is doing everything possible to make its services available to the people. The Trade and Credit units are one of the departments that make up the foreign exchange branch at DBL. These units are accountable for the management and control of the Bank's activities in foreign trade and credit issues. Dhaka Bank Limited (DBL) began its operations entirely with characteristics of a commercial bank in addition to the services of a retail banking system. This was done in order to cater to a wide variety of customers. It also facilitated all different kinds of credit facilities and provided foreign trade to its esteemed customers. The report tried to focus on the off-shore banking of DBL in this contemporary situation of Bangladesh and the trade operations in the country having a dollar crisis, and other factors affecting Off-shore Banking as a whole. Furthermore, the banking offers a wide range of facilities to its clients, including LC opening and consulting, issuing additional certificates, such as NOCs, certificates/shipping guarantees, etc., and making and receiving payments and documents on behalf of the customer and involves dealing with import and export facilities.