Export Import Bank of Bangladesh Limited: Difference between revisions

No edit summary
No edit summary
 
Line 1: Line 1:
'''Export Import Bank of Bangladesh Limited'''  known as Exim Bank was established on 3 August in 1999. The bank has transformed all of its conventional banking operations into Shariah-based Islami banking since 1 July 2004. The board of directors formed a Sharia Supervisory Board for the Bank. The managing director is the chief executive of the bank, who is supported by one additional managing director, 3 Deputy Managing Directors and 14 vice president level senior executives. At the very inception the bank had an authorised capital of Tk 1000 million which stood at Tk 10000 million in 2009. In 2009 the paid up capital of the bank was Tk 3374 million. On 31 December 2009 the capital adequacy of the bank was 10.75 percent that was Tk 520 million larger than enough. The bank had 52 branches all over Bangladesh in 2009.  
'''Export Import Bank of Bangladesh Limited '''  known as Exim Bank was established on 3 August in 1999. The bank has transformed all of its conventional banking operations into Shariah-based Islami banking since 1 July 2004. The 8-member board of directors formed a Sharia Supervisory Board for the Bank. The managing director is the chief executive of the bank, who is supported by one additional managing director, 3 Deputy Managing Directors and 14 vice president level senior executives. At the very inception the bank had an authorized capital of Tk 1000 million which stood at Tk 20000 million in 2019. In 2019 the paid-up capital of the bank was Tk 14123 million. The bank had 131 branches all over Bangladesh in 2019.


Basic Facts and Economic Indicators (In Million Taka)
{| class="table table-bordered table-hover"
{| class="table table-bordered table-hover"
|-
| colspan="7" |Table Basic facts and economic indicators (in million Taka)
|-
|-
! Indicators || 2004 || 2005 || 2006 || 2007 || 2008 || 2009
|Indicators || 2018 || 2019 || 2020
|-
|-
|Authorized capital || 1000 || 1000 || 3500 || 3500 || 3500 || 10000
|Authorized Capital || 20000 || 20000 || 20000
|-
|-
|Paid up capital || 628 || 879 || 1714 || 2142 || 2678 || 3374
|Paid up Capital || 14123 || 14123 || 14123
|-
|-
|Reserved Fund || 798 || 1034 || 1754 || 2427 || 3086 || 3280
|Reserved Fund || 14122 || 14965 || 16570
|-
|-
! Deposits || 19078 || 28319 || 35032 || 41547 || 57587 || 73835
|Deposits || 300787 || 355817 || 395308
|-
|-
| a) Demand Deposits || 2272 || 4090 || 4036 || 5853 || 8032 || 9765
|a) Call Deposits || 54045 || 76031 || 41716
|-
|-
| b) Term Deposits || 16806 || 24229 || 30996 || 35694 || 49555 || 64070
|b) Term Deposits || 246741 || 279785 || 353592
|-
|-
|Investments (Loan and Advance) || 19332 || 26646 || 32641 || 40197 || 53639 || 68610
|Loans and Advance || 305036 || 343287 || 392920
|-
|-
|Investment (Share & Bonds) || 1543 || 1633 || 2233 || 2458 || 2,894 || 2189
|Investment || 24530 || 43173 || 40951
|-
|-
|Total Asset || 24358 || 33717 || 41794 || 51503 || 68446 || 86212
|Total Asset || 370997 || 431941 || 484744
|-
|-
|Total income  || 2647 || 3433 || 4968 || 6408 || 11029 || 10387
|Total Income || 31606 || 37400 || 36426
|-
|-
|Total Expenditure || 1809 || 2258 || 3589 || 4490 || 8359 || 7184
|Total Expenditure || 24742 || 30480 || 29612
|-
|-
! Foreign Currency Trading || 49314 || 72940 || 96175 || 117899 || 156434 || 162605
|Foreign Currency Trading || 366533 || 377911 || 344429
|-
|-
| a) Export || 22418 || 31285 || 46234 || 55790 || 76466 || 76241
|a) Export || 171731 || 170653 || 161290
|-
|-
| b) Import || 26782 || 41432 || 49597 || 61399 || 78540 || 83912
|b) Import || 189530 || 200802 || 177825
|-
|-
| c) Remittance || 114 || 223 || 344 || 710 || 1428 || 2452
|c) Remittance || 5272 || 6457 || 5314
|-
|-
! Total Manpower || 764 || 934 || 1020 || 1104 || 1312 || 1440
|Total Manpower || 2964 || 2954 || 2910
|-
|-
| a) Officers || 598 || 728 || 793 || 853 || 1030 || 1131
|a) Officers || 2351 || 2353 || 2319
|-
|-
| b) Staff || 170 || 206 || 227 || 251 || 282 || 309
|b) Staff || 613 || 601 || 591
|-
|-
| Correspondent Banks || 196 || 222 || 246 || 250 || 278 || 333
|Correspondent Banks || 390 || 395 || 386
|-
|-
|Total Branches (in numbers) || 24 || 28 || 30 || 35 || 42 || 52
|Total Branches (in numbers) || 123 || 130 || 131
|-
|-
| a) Domestic || 24 || 28 || 30 || 35 || 42 || 52
|a) Domestic || 123 || 130 || 131
|-
|-
| b) Overseas || - || - || - || - || - || -
|b) Overseas || 0 || 0 || 0
|-
|-
| Agricultural Credit ||  ||  ||  ||  ||  ||
|Agriculture Credit
|-
|-
| a) Loan Disbursed || 94 || 52 || 18 || 27 || 36 || 95
|Loan Disbursed || 4886 || 4735 || 7148
|-
|-
| b) Realised || 12 || 82 || 55 || 125 || 152 || 298
|Realised || 4519 || 4334 || 6549
|-
|-
|Industrial Credit ||  ||  ||  ||  ||  ||
|Industrial Credit
|-
|-
| a) Loan Disbursed || 9956 || 7556 || 10357 || 13369 || 15186 || 21318
|Loan Disbursed || 78327 || 78572 || 93756
|-
|-
| b) Realsied || 7811 || 5786 || 9190 || 13450 || 14200 || 25355
|Realsied || 61046 || 64850 || 71634
|-
|-
|Loan Outstanding by Sector ||  ||  ||  ||  ||  ||
|Loan Outstanding by Sector
|-
|-
| a) Agriculture and Fisheries || 133 || 45 || 107 || 16 || 45 || 1206
|Agriculture and Fisheries and Forestry || 3335 || 3736 || 4335
|-
|-
| b) Industry || 1696 || 4618 || 6996 || 9826 || 13242 || 18803
|Industry || 59931 || 65506 || 81550
|-
|-
| c) Trade and Commerce || 11592 || 13695 || 16475 || 19732 || 24866 || 31115
|Trade and Commerce || 110875 || 120769 || 140888
|-
|-
| d) Poverty Reduction || - || - || - || - || - || -
|Poverty Reduction || 0 || 0 || 0
|-
|CSR || 615 || 798 || 819
|}
|}


Exim Bank operates Current Deposit Scheme, Savings Deposit Scheme, Term and Short Term Deposit Scheme, Monthly Income Scheme, Monthly Savings Scheme, Super Savings Scheme, Multiplus Savings Scheme, Education Savings Scheme, Hajj Account and Foreign Currency. The Bank provides Trade Financing, Scheme Investment, Current Investment, Export and Import Financing, Locker, Debenture, Capital Market, Corporate Banking, Syndicate Investment, Lease Financing and Real Estate Financing services to the clients.


Exim Bank has established EXIM Bank Foundation to perform Corporate Social Responsibilities (CSR) activities. The CSR activities are establishment of Exim Bank Hospital, Stipend Package for poor and meritorious students, Education Promotion Scheme, ''quard'' or interest-free loan for poor and meritorious students, relief in cash and kind for flood, fire and cyclone victims and cold-stricken people, helping people in slum areas, donation to educational institutions to set up computer lab and construction of footover bridges and beautification works in Dhaka City. The Exim Bank has introduced Core Banking Software (CBS), Visa Islami Card and Swift Network for the services of its clients. [Muhammad Abdul Mazid]
''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.
 
Exim Bank operates Current Deposit Scheme, Savings Deposit Scheme, Long-term and Short-term Deposit Scheme, Monthly Income Scheme, Monthly Savings Scheme, Super Savings Scheme, Multi-plus Savings Scheme, Education Savings Scheme, Hajj Account and Foreign Currency. The Bank provides Trade Financing, Scheme Investment, Current Investment, Export and Import Financing, Locker, Debenture, Capital Market, Corporate Banking, Syndicate Investment, Lease Financing and Real Estate Financing services to the clients.
 
Exim Bank has established EXIM Bank Foundation to perform Corporate Social Responsibilities (CSR) activities. The CSR activities are establishment of Exim Bank Hospital, Stipend Package for poor and meritorious students, Education Promotion Scheme, quard or interest-free loan for poor and meritorious students, relief in cash and kind for flood, fire and cyclone victims and cold-stricken people, helping people in slum areas, donation to educational institutions to set up computer lab and construction of foot over bridges and beautification works in Dhaka City. The Exim Bank has introduced Core Banking Software (CBS), Visa Islami Card and Swift Network for the services of its clients.  
 
In 2019, bank deposits accounted for 2.8 per cent of total banking sector deposits and loans and advances accounted for 3.1 per cent of total banking sector loans and advances. The average interest rate differential between June 2019 based deposits and loans and advances was 3.0 percent.  [Muhammad Abdul Mazid]  


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


[[bn:এক্সপোর্ট ইমপোর্ট ব্যাংক অব বাংলাদেশ লিমিটেড]]
[[bn:এক্সপোর্ট ইমপোর্ট ব্যাংক অব বাংলাদেশ লিমিটেড]]

Latest revision as of 20:31, 13 October 2023

Export Import Bank of Bangladesh Limited known as Exim Bank was established on 3 August in 1999. The bank has transformed all of its conventional banking operations into Shariah-based Islami banking since 1 July 2004. The 8-member board of directors formed a Sharia Supervisory Board for the Bank. The managing director is the chief executive of the bank, who is supported by one additional managing director, 3 Deputy Managing Directors and 14 vice president level senior executives. At the very inception the bank had an authorized capital of Tk 1000 million which stood at Tk 20000 million in 2019. In 2019 the paid-up capital of the bank was Tk 14123 million. The bank had 131 branches all over Bangladesh in 2019.

Basic Facts and Economic Indicators (In Million Taka)

Indicators 2018 2019 2020
Authorized Capital 20000 20000 20000
Paid up Capital 14123 14123 14123
Reserved Fund 14122 14965 16570
Deposits 300787 355817 395308
a) Call Deposits 54045 76031 41716
b) Term Deposits 246741 279785 353592
Loans and Advance 305036 343287 392920
Investment 24530 43173 40951
Total Asset 370997 431941 484744
Total Income 31606 37400 36426
Total Expenditure 24742 30480 29612
Foreign Currency Trading 366533 377911 344429
a) Export 171731 170653 161290
b) Import 189530 200802 177825
c) Remittance 5272 6457 5314
Total Manpower 2964 2954 2910
a) Officers 2351 2353 2319
b) Staff 613 601 591
Correspondent Banks 390 395 386
Total Branches (in numbers) 123 130 131
a) Domestic 123 130 131
b) Overseas 0 0 0
Agriculture Credit
Loan Disbursed 4886 4735 7148
Realised 4519 4334 6549
Industrial Credit
Loan Disbursed 78327 78572 93756
Realsied 61046 64850 71634
Loan Outstanding by Sector
Agriculture and Fisheries and Forestry 3335 3736 4335
Industry 59931 65506 81550
Trade and Commerce 110875 120769 140888
Poverty Reduction 0 0 0
CSR 615 798 819


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.

Exim Bank operates Current Deposit Scheme, Savings Deposit Scheme, Long-term and Short-term Deposit Scheme, Monthly Income Scheme, Monthly Savings Scheme, Super Savings Scheme, Multi-plus Savings Scheme, Education Savings Scheme, Hajj Account and Foreign Currency. The Bank provides Trade Financing, Scheme Investment, Current Investment, Export and Import Financing, Locker, Debenture, Capital Market, Corporate Banking, Syndicate Investment, Lease Financing and Real Estate Financing services to the clients.

Exim Bank has established EXIM Bank Foundation to perform Corporate Social Responsibilities (CSR) activities. The CSR activities are establishment of Exim Bank Hospital, Stipend Package for poor and meritorious students, Education Promotion Scheme, quard or interest-free loan for poor and meritorious students, relief in cash and kind for flood, fire and cyclone victims and cold-stricken people, helping people in slum areas, donation to educational institutions to set up computer lab and construction of foot over bridges and beautification works in Dhaka City. The Exim Bank has introduced Core Banking Software (CBS), Visa Islami Card and Swift Network for the services of its clients.

In 2019, bank deposits accounted for 2.8 per cent of total banking sector deposits and loans and advances accounted for 3.1 per cent of total banking sector loans and advances. The average interest rate differential between June 2019 based deposits and loans and advances was 3.0 percent. [Muhammad Abdul Mazid]