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'''Jamuna Bank Limited''' is a commercial bank in the private sector. It was registered as Banking Company under the Companies Act, 1994 on 2 April 2001. It started its operation on 3 June with an authorised capital of taka 16 hundred million divided into 5 million general shares of Tk100 each. At the initial stage the entire 390 million taka were its authorised capital and paid by the sponsor shareholders.
'''Jamuna Bank Limited''' is a commercial bank in the private sector. It was registered as Banking Company under the Companies Act, 1994 on 2 April 2001. It started its operation on 3 June with an authorized capital of taka 16 hundred million divided into 5 million general shares of Tk100 each. At the initial stage the entire 390 million taka were its authorized capital and paid by the sponsor shareholders. At the end of 2020 the authorized and paid-up capital of the Jamuna Bank rose to 10000 and 7492 million Taka respectively.


The bank conducts all types of commercial banking activities including deposit taking, providing loans, foreign trade and project financing. Since its inception the Bank participated in foreign exchange business and foreign trade. In 2010, the Bank has correspondent relationships with 728 locations of 207 world reputed Banks throughout the world. To make the capital structure reasonable for the implementation of the directives concerning capital formation under BASEL-2, the appointment of a high-powered implementation committee is a remarkable job of Jamuna Bank. At this it will be possible for Jamuna Bank to ascertain the fixation of its capital at the level as specified by Bangladesh Bank. Jamuna Bank is continuing its activities on the basis of preservation of the value of assets, sufficiency of capital, appreciating qualities of assets, expert management, satisfactory income and liquidity. It started online banking services in 2005 to provide customer services swiftly and in a very minute moment. The Bank has established 82 ATM booths and introduced direct debit card, restricted credit card, Tele banking, Internet banking and SMS banking. With import and export financing, Jamuna Bank gives long and short-term loan to trade and commerce, large and medium scale and maximum loan to current assets.
The bank conducts all types of commercial banking activities including deposit taking, providing loans, foreign trade and project financing. Since its inception the Bank participated in foreign exchange business and foreign trade. In 2020, the Bank has correspondent relationships with 845 locations of the world reputed Banks throughout the world. To make the capital structure reasonable for the implementation of the directives concerning capital formation under BASEL-2, the appointment of a high-powered implementation committee is a remarkable job of Jamuna Bank. At this it will be possible for Jamuna Bank to ascertain the fixation of its capital at the level as specified by Bangladesh Bank. Jamuna Bank is continuing its activities on the basis of preservation of the value of assets, sufficiency of capital, appreciating qualities of assets, expert management, satisfactory income and liquidity. It started online banking services in 2005 to provide customer services swiftly and in a very minute moment. The Bank has established 245 ATM booths and introduced direct debit card, restricted credit card, Tele banking, Internet banking and SMS banking. With import and export financing, Jamuna Bank gives long and short-term loan to trade and commerce, large and medium scale and maximum loan to current assets.


Jamuna bank operates Marriage Deposit Scheme, Lakhpati Deposit Scheme, Millionaire Deposit Scheme, Kotipati Deposit Scheme, Education Savings Scheme, Monthly Benefit Scheme, Monthly Savings Scheme and Double Growth Deposit Scheme. Jamuna Bank Limited is the pioneer in this sector and termed the contribution simply as 'social responsiblity'. As a part of its social responsibility Jamuna Bank gives awards to the poor meritorious students and takes responsibility in prosecution of their studies. The other parts of its social responsibility are to take programmes for donation of blood and the treatment of eye free of cost.
Jamuna bank operates Marriage Deposit Scheme, Lakhpati Deposit Scheme, Millionaire Deposit Scheme, Kotipati Deposit Scheme, Education Savings Scheme, Monthly Benefit Scheme, Monthly Savings Scheme and Double Growth Deposit Scheme. Jamuna Bank Limited is the pioneer in this sector and termed the contribution simply as 'social responsibility'. As a part of its social responsibility Jamuna Bank gives awards to the poor meritorious students and takes responsibility in prosecution of their studies. The other parts of its social responsibility are to take programs for donation of blood and the treatment of eye free of cost.  
 
Basic Facts and Economic Indicators (In Million Taka)


Basic facts and economic indicators (in million Taka)
{| class="table table-bordered table-hover"
{| class="table table-bordered table-hover"
|-
|-
| Indicators || 2004 || 2005 || 2006 || 2007 || 2008 || 2009
| Indicators || 2018 || 2019 || 2020
|-
|-
| Authorised capital || 1600 || 1600 || 1600 || 4000 || 4000 || 4000
|Authorized Capital || 10000 || 10000 || 10000
|-
|-
| Paid up capital || 429 || 429 || 1073 || 1226 || 1313 || 1622
|Paid up Capital || 7492 || 7492 || 7492
|-
|-
| Reserved Fund || 246 || 488 || 629 || 647 || 1131 || 2376
|Reserved Fund || 10581 || 9668 || 16652
|-
|-
| Deposits || 10265 || 14454 || 17285 || 20924 || 27308 || 42356
|Deposits || 188034 || 202510 || 191104
|-
|-
| (a) Call Deposits || 868 || 1765 || 2397 || 3159 || 3952 || 5642
|a) Call Deposits || 39977 || 41493 || 43653
|-
|-
| (b) Term Deposits || 9397 || 12689 || 14888 || 17765 || 23356 || 36714
|b) Term Deposits || 148057 || 161017 || 147451
|-
|-
| Loans and Advance || 6723 || 11012 || 12797 || 16617 || 21037 || 32288
|Loans and Advances || 165403 || 177279 || 162658
|-
|-
| Investment || 1164 || 2038 || 2553 || 4239 || 5390 || 8503
|Investment || 31649 || 39201 || 50970
|-
|-
| Total Asset || 16395 || 16864 || 20157 || 26405 || 31647 || 48731
|Total Asset || 225018 || 242929 || 241534
|-
|-
| Total income  || 1397 || 1727 || 2750 || 3103 || 4075 || 5817
|Total Income || 9818 || 11440 || 10861
|-
|-
| Total Expenditure || 1089 || 1307 || 2049 || 2279 || 3034 || 3903
| Total Expenditure || 5189 || 5598 || 5772
|-
|-
| Foreign Currency Trading || 12888 || 18277 || 29304 || 38688 || 52094 || 70750
|Foreign Currency Trading || 251316 || 247392 || 221543
|-
|-
| (a) Export || 4791 || 6522 || 11584 || 13990 || 18617 || 21407
|a) Export || 106071 || 103951 || 92326
|-
|-
| (b) Import || 7923 || 11152 || 15458 || 22192 || 30312 || 46685
|b) Import || 130242 || 125265 || 111097
|-
|-
| (c) Remittance || 174 || 603 || 2262 || 2506 || 3165 || 2658
|c) Remittance || 15003 || 18176 || 18120
|-
|-
| Total Manpower: || 438 || 525 || 670 || 861 || 938 || 1215
|Total Manpower || 2824 || 3046 || 3096
|-
|-
| (a) Officers || 360 || 419 || 524 || 686 || 742 || 951
|a) Officers || 2253 || 2432 || 2497
|-
|-
| (b) Staff || 78 || 106 || 146 || 175 || 196 || 264
|b) Staff || 571 || 614 || 599
|-
|-
| Correspondents Banks || 96 || 390 || 630 || 715 || 715 || 730
|Correspondent Banks || 875 || 850 || 845
|-
|-
| Total Branches (in numbers) || 19 || 23 || 27 || 35 || 39 || 54
|Total Branches (in numbers) || 132 || 141 || 149
|-
|-
| (a) Domestic || 19 || 23 || 27 || 35 || 39 || 54
|a) Domestic || 132 || 141 || 149
|-
|-
| (b) Overseas || - || - || - ||  ||  || -
|b) Overseas || 0 || 0 ||  
|-
|-
| Agriculture Credit:  ||  ||  ||  ||  ||  ||
|Agriculture Credit
|-
|-
| (a) Loan Disbursed || - || - || - || 2152 || 3410 || 391
|Loan Disbursed || 2117 || 2413 || 1311
|-
|-
| (b) Realised || - || - || - || 1391 || 2243 || 171
|Realised || 1849 || 1514 || 2233
|-
|-
| Industrial Credit: ||  ||  ||  ||  ||  ||
|Industrial Credit
|-
|-
| (a) Loan Disbursed || 5041 || 3739 || 1942 || 5516 || 7113 || 21701
|Loan Disbursed || 66372 || 70683 || 48572
|-
|-
| (b) Realsied || 2574 || 1739 || 783 || 3308 || 4863 || 12273
|Realsied || 54268 || 61005 || 51852
|-
|-
| Loan Outstanding by Sector ||  ||  ||  ||  ||  ||
|Loan Outstanding by Sector
|-
|-
| (a) Agriculture and Fisheries || 9 || 8 || 169 || 25 || 114 || 198
|Agriculture and Fisheries and Forestry || 1860 || 2755 || 1991
|-
|-
| (b) Industry || 404 || 1699 || 2092 || 3194 || 3711 || 6789
|Industry || 30579 || 34662 || 36459
|-
|-
| (c) Trade and Commerce || 3790 || 5866 || 6038 || 8607 || 9806 || 14025
|Trade and Commerce || 60886 || 50138 || 50533
|-
|-
| (c) Poverty Reduction || - || - || - || || || 18
|Poverty Reduction
|-
|CSR || 140 || 110 || 344
|}
|}


''Source''  Government of Bangladesh, Ministry of Finance, Banking and Financial Institution Division, ''Bank o Arthik Prothisthan Samuher Karjaboli'' [Annual Report on Banks and Financial Institutions], 2004-05 to 2009-10.
''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.
 
A 20-member board of directors governs the overall affairs of the bank. The chief executive of the bank is managing director. Its Head Office at Jamuna Bank Tower, Plot 14, Bir Uttam A K Khandker Road, Block C, Gulshan 1, Dhaka 1212.


A 13-member board of directors governs the overall affairs of the bank. The chief executive of the bank is managing director. Its Head Office at Chini Shilpa Bhaban, 3 Dilkusha C/A, Dhaka-1000.  [Md Ashik Iqbal]
In 2019, bank deposits accounted for 1.6 per cent of total banking sector deposits and loans and advances accounted for 1.6 per cent of total banking sector loans and advances. The average interest rate differential between June 2019 based deposits and loans and advances was 4.7 percent.  [Md Ashik Iqbal and Muhammad Abdul Mazid]


[[Category:Financial Institutes]]
[[Category:Financial Institutes]]


[[bn:যমুনা ব্যাংক লিমিটেড]]
[[bn:যমুনা ব্যাংক লিমিটেড]]

Latest revision as of 20:31, 13 October 2023

Jamuna Bank Limited is a commercial bank in the private sector. It was registered as Banking Company under the Companies Act, 1994 on 2 April 2001. It started its operation on 3 June with an authorized capital of taka 16 hundred million divided into 5 million general shares of Tk100 each. At the initial stage the entire 390 million taka were its authorized capital and paid by the sponsor shareholders. At the end of 2020 the authorized and paid-up capital of the Jamuna Bank rose to 10000 and 7492 million Taka respectively.

The bank conducts all types of commercial banking activities including deposit taking, providing loans, foreign trade and project financing. Since its inception the Bank participated in foreign exchange business and foreign trade. In 2020, the Bank has correspondent relationships with 845 locations of the world reputed Banks throughout the world. To make the capital structure reasonable for the implementation of the directives concerning capital formation under BASEL-2, the appointment of a high-powered implementation committee is a remarkable job of Jamuna Bank. At this it will be possible for Jamuna Bank to ascertain the fixation of its capital at the level as specified by Bangladesh Bank. Jamuna Bank is continuing its activities on the basis of preservation of the value of assets, sufficiency of capital, appreciating qualities of assets, expert management, satisfactory income and liquidity. It started online banking services in 2005 to provide customer services swiftly and in a very minute moment. The Bank has established 245 ATM booths and introduced direct debit card, restricted credit card, Tele banking, Internet banking and SMS banking. With import and export financing, Jamuna Bank gives long and short-term loan to trade and commerce, large and medium scale and maximum loan to current assets.

Jamuna bank operates Marriage Deposit Scheme, Lakhpati Deposit Scheme, Millionaire Deposit Scheme, Kotipati Deposit Scheme, Education Savings Scheme, Monthly Benefit Scheme, Monthly Savings Scheme and Double Growth Deposit Scheme. Jamuna Bank Limited is the pioneer in this sector and termed the contribution simply as 'social responsibility'. As a part of its social responsibility Jamuna Bank gives awards to the poor meritorious students and takes responsibility in prosecution of their studies. The other parts of its social responsibility are to take programs for donation of blood and the treatment of eye free of cost.

Basic Facts and Economic Indicators (In Million Taka)

Indicators 2018 2019 2020
Authorized Capital 10000 10000 10000
Paid up Capital 7492 7492 7492
Reserved Fund 10581 9668 16652
Deposits 188034 202510 191104
a) Call Deposits 39977 41493 43653
b) Term Deposits 148057 161017 147451
Loans and Advances 165403 177279 162658
Investment 31649 39201 50970
Total Asset 225018 242929 241534
Total Income 9818 11440 10861
Total Expenditure 5189 5598 5772
Foreign Currency Trading 251316 247392 221543
a) Export 106071 103951 92326
b) Import 130242 125265 111097
c) Remittance 15003 18176 18120
Total Manpower 2824 3046 3096
a) Officers 2253 2432 2497
b) Staff 571 614 599
Correspondent Banks 875 850 845
Total Branches (in numbers) 132 141 149
a) Domestic 132 141 149
b) Overseas 0 0
Agriculture Credit
Loan Disbursed 2117 2413 1311
Realised 1849 1514 2233
Industrial Credit
Loan Disbursed 66372 70683 48572
Realsied 54268 61005 51852
Loan Outstanding by Sector
Agriculture and Fisheries and Forestry 1860 2755 1991
Industry 30579 34662 36459
Trade and Commerce 60886 50138 50533
Poverty Reduction
CSR 140 110 344

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.

A 20-member board of directors governs the overall affairs of the bank. The chief executive of the bank is managing director. Its Head Office at Jamuna Bank Tower, Plot 14, Bir Uttam A K Khandker Road, Block C, Gulshan 1, Dhaka 1212.

In 2019, bank deposits accounted for 1.6 per cent of total banking sector deposits and loans and advances accounted for 1.6 per cent of total banking sector loans and advances. The average interest rate differential between June 2019 based deposits and loans and advances was 4.7 percent. [Md Ashik Iqbal and Muhammad Abdul Mazid]

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