Dhaka Bank Limited

Dhaka Bank Limited was incorporated as a public limited company under the Companies Act. 1994. The Bank started its commercial operation on July 05, 1995 with an authorized capital of Tk. 1,000 million and paid-up capital of Tk. 100 million. The authorized and paid-up capital of the Bank stood at Tk 10000 and Tk 8959 million as on March 31, 2021. Total manpower at the end of 2020 was 1889. The Bank has 189Branches, 6 SME Service Centers, 6 CMS Units, 1 Offshore Banking Unit across the country and a wide network of correspondents all over the world.

The Bank offers the full range of banking and investment services for personal and corporate customers, backed by the state–of–the-art technology and a team of highly motivated professionals. As an integral part of their commitment to Excellence in Banking, Dhaka Bank now offers the full range of real-time online banking services through its all Branches, ATMs and Internet Banking Channels.

In addition to all sorts of traditional banking activities, Dhaka Bank provides on-line tele-banking services and a comprehensive range of financial services to national and multinational companies in the country. It also underwrites shares and debentures, works as issue manager, and participates in other operations in money market and capital market. As a member of the Dhaka and Chittagong stock exchanges, the bank participates in the day-to-day transactions of the stock exchanges.

Basic Facts and Economic Indicators (In Million Taka)

Indicators	2018	2019	2020
Authorized Capital	10000	10000	10000
Paid up Capital	8125	8532	8959
Reserved Fund	7669	7770	8317
Deposits	197189	204529	205667
a) Call Deposits	25273	26271	31581.1
b) Term Deposits	171916	178258	174085.9
Loans and Advance	180624.9	195634.9	198659.9
Investment	27619	36681	39444.8
Total Asset	273976	284401	295337.3
Total Income	10877	10799	10164.9
Total Expenditure	4313	4696	4963.1
Foreign Currency Trading	295687	291660	235149.8
a) Export	125167	130155	95335.1
b) Import	158344	151120	124010.3
c) Remittance	12176	10385	15804.4
Total Manpower	1917	1960	1889
a) Officers	1844	1891	1824
b) Staff	73	69	65
Correspondent Banks	523	523	472
Total Branches (in numbers)	101	101	105
a) Domestic	101	101	105
b) Overseas	0	0	0
Agriculture Credit
Loan Disbursed	2672.7	2647.6	3215.1
Realised	2328.4	3122.9	154.1
Industrial Credit
Loan Disbursed	93488.7	111630	88700.2
Realsied	89827.5	115040	98802.1
Loan Outstanding by Sector
Agriculture and Fisheries and Forestry	1809.2	2129.7	1174
Industry	64802.9	71150.3	65767.9
Trade and Commerce	25428.3	2105.9	43692.3
Poverty Reduction	0	0	0
CSR	80.3	56	208.7

Source Government of Bangladesh, Ministry of Finance, Banking and Financial Institution Division, Barshik Protibedon [Annual Report on Banks and Financial Institutions], 2019-20 and 2020-21.

Dhaka Bank Ltd. is the preferred choice in banking for friendly and personalized services, cutting edge technology, tailored solutions for business needs, global reach in trade and commerce and high yield on investments. Dhaka Bank has few specialized products and services in the areas like Securitization of Assets, Finance and Advisory services, Syndication of Funds and SME banking. Dhaka Bank SME Unit has been working in close collaboration with the USAID, the South Asia Enterprise Development Facility (SEDF) an International Finance Corporation (IFC) managed multi donor facility and the World Bank.

Management of the bank is vested in a 16-member board of directors that includes the chairman and a vice-chairman. The managing director is the chief executive of the bank. He is assisted by 3 deputy managing directors, 1 Senior Executive Vice President, 1 executive vice president, 3 vice presidents, 2 senior assistant vice presidents, 1 first assistant vice presidents, and 1 senior principal officer.

In 2019, bank deposits accounted for 1.6 per cent of total banking sector deposits and loans and advances accounted for 1.8 per cent of total banking sector loans and advances. The average interest rate differential between June 2019 based deposits and loans and advances was 4.2 percent. [Muhammad Abdul Mazid]