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]
