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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 authorised capital of Tk. 1,000 million and paid up capital of Tk. 100 million. The paid up capital of the Bank stood at Tk 2,659,597,763 as on March 31, 2010. The total equity (capital and reserves) of the Bank as on March 31, 2010 stood at Tk 6,036,368,754. The Bank has 52 Branches, 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.

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 specialised products and services in the areas like Securitisation 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.

Table  Basic facts and economic indicators (in million Taka)

Indicators 2004 2005 2006 2007 2008 2009
Authorised Capital 1000 2650 2650 6000 6000 6000
Paid up Capital 664 1228 1289 1547 1934 2128
Reserved Fund 824 988 1262 1181 2065 2838
Deposits 22576 28439 41554 48731 56986 60918
a) Call Deposits 3313 4332 5568 6779 8054 7960
b) Term Deposits 19263 24107 35986 41952 48932 52958
Loans and Advance 16539 23372 34049 39972 49698 52910
Investment 3078 3926 6133 5972 7239 8660
Total Asset 28178 33072 48142 57443 71137 77767
Total Income 2659 3636 5457 7218 9100 9641
Total Expenditure 1912 2783 4264 5208 6567 6831
Foreign Currency Trading 38293 47422 87068 92265 116609 89251
a) Export 881 13505 23268 31081 39038 33305
b) Import 28048 30213 64277 49496 65737 46160
c) Remittance 1364 3704 17523 11688 11834 9786
Total Manpower 613 688 786 841 898 924
a) Officers 511 591 690 745 806 834
b) Staff 102 97 96 96 92 90
Correspondents Banks 415 406 350 350 350 350
Total Branches (in numbers) 23 29 37 42 44 50
a) Domestic 23 29 37 42 44 50
b) Overseas - - - -
Agriculture Credit
Loan Disbursed - - - 31 177 166
Realised - - - 2 23 68
Industrial Credit
Loan Disbursed 10797 14025 2056 18269 17869 16505
Realsied 8154 8656 920 9443 13413 11289
Loan Outstanding by Sector
Agriculture and fiSheries - - - 34 69 117
Industry 2107 4010 2154 11948 11837 12407
Trade and Commerce 6035 812 7474 7758 8278 10173
Poverty Reduction - - - 9 11 -

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 2008-09.

Management of the bank is vested in a 19-member board of directors that includes the chairman and a vice-chairman. The managing director is the Chief Executive of the bank. Three Deputy Managing Directors, one Senior Executive Vice President, one Executives Vice President, three Vice Presidents, two Senior Assistant Vice Presidents, one first Assistant Vice Presidents and one Senior Principal Officer assist him. [Muhammad Abdul Mazid]