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'''Uttara Bank Limited'''  one of the largest and oldest private sector commercial bank in Bangladesh. It was set up as a scheduled bank of the Eastern Banking Corporation in East Pakistan in 1965 and Corporation started banking on 22 June of the same year. It became a member of the Dhaka Clearing House on 17 September 1965. At the time of establishment Eastern Banking Corporation had a paid up capital of Tk 1.42 million and deposit resources of about Tk 10 million. It was the only scheduled bank established with capital raised entirely from the small income group of people of East Pakistan. Eastern Banking Corporation was nationalised under the Bangladesh Banks (Nationalisation) Order 1972 and took rename Uttara Bank with 95% of its share capital. At that time the bank had 182 branches. The government retracted and allowed it to operate as a private bank. It was transformed into a limited company on 15 September 1983. On 31 December 2000, the authorised capital of the bank was Tk 200 million divided into 2 million ordinary shares of Tk 100 each. Its paid up capital was Tk 100 million, of which Tk 5 million is subscribed by the government. The bank is listed with both Dhaka and Chittagong [[Stock Exchange|stock exchange]].  
'''Uttara Bank Limited'''  one of the largest and oldest private sector commercial bank in Bangladesh. It was set up as a scheduled bank of the Eastern Banking Corporation in East Pakistan in 1965 and Corporation started banking on 22 June of the same year. It became a member of the Dhaka Clearing House on 17 September 1965. At the time of establishment Eastern Banking Corporation had a paid up capital of Tk 1.42 million and deposit resources of about Tk 10 million. It was the only scheduled bank established with capital raised entirely from the small income group of people of East Pakistan. Eastern Banking Corporation was nationalised under the Bangladesh Banks (Nationalisation) Order 1972 and took rename Uttara Bank with 95% of its share capital. At that time the bank had 182 branches. The government retracted and allowed it to operate as a private bank. It was transformed into a limited company on 15 September 1983. On 31 December 2000, the authorised capital of the bank was Tk 200 million divided into 2 million ordinary shares of Tk 100 each. Its paid up capital was Tk 100 million, of which Tk 5 million is subscribed by the government. The bank is listed with both Dhaka and Chittagong [[Stock Exchange|stock exchange]].  
{| class="table table-bordered table-hover"
|-
! colspan="7" | Basic facts and economic indicators (in million Taka)
|-
| বিবরণ  || ২০০৪  || ২০০৫  || ২০০৬  || ২০০৭  || ২০০৮  || ২০০৯
|-
| অনুমোদিত মূলধন  || ২০০  || ২০০  || ১০০০  || ১০০০  || ১৬০০  || ৩২০০
|-
| পরিশোধিত মূলধন  || ১০০  || ১০০  || ২০০  || ৩৯৯  || ৭৯৯  || ১৫৯৭
|-
| রিজার্ভ ফান্ড  || ১৭৪২  || ১৭৬৫  || ১৮৬৬  || ২০৫৪  || ২৮৯০  || ৪৬১০
|-
| আমানত  || ৩৪৬১৫  || ৩৬৮৯২  || ৩৯৩৬০  || ৪৩৫৮৬  || ৫০৮১৭  || ৫৯৩৮৭
|-
| ক) তলবি আমানত  || ৭৯৯০  || ৭৮৩৯  || ৯৯১৮  || ১১৯৭৮  || ১৩৬২৫  || ১৪২২২
|-
| খ) মেয়াদি আমানত  || ২৬৬২৫  || ২৯০৫৩  || ২৯৪৪২  || ৩১৬০৮  || ৩৭১৯২  || ৪৫১৬৬
|-
| ঋণ ও অগ্রিম  || ১৮৬০১  || ২১৮৫০  || ২৫১৬৪  || ২৮৪৭৭  || ৩৭১৪১  || ৩৯৪৫১
|-
| বিনিয়োগ  || ১২৭৯৪  || ১০০৬২  || ৯৫৬৫  || ১৪৪৫৬  || ১১১৮৮  || ২২৫০৩
|-
| মোট পরিসম্পদ  || ৪০১৫৫  || ৪২০৬২  || ৪৫২১৭  || ৫২৮৬০  || ৫৮৪৪৪  || ৭১৯৪৬
|-
| মোট আয়  || ৩৮২১  || ৪২৬৫  || ৪৪৩৫  || ৫০২০  || ৬৩১৪  || ৭৩৯৭
|-
| মোট ব্যয়  || ২৬১১  || ২৬৫০  || ৩১৫৩  || ৩৫৫৪  || ৪০০৮  || ৪৮৮৩
|-
| বৈদেশিক মুদ্রা ব্যবসা পরিচালনা  || ৬২৯২৩  || ৬৮৫৬০  || ৬৯৪৯৩  || ৬৯৭৬৮  || ৮২২৬০  || ৮৮৮৬২
|-
| ক) রপ্তানি  || ১৯১৩৩  || ১৮১৯২  || ১৮১৩৪  || ১৪৭৮৫  || ১৫০৪০  || ১৫০৯৭
|-
| খ) আমদানি  || ২৪০৮০  || ২৩০৯২  || ২২৬৩১  || ২৫৪০৮  || ৩১১৪৭  || ২৯১২৯
|-
| গ) রেমিট্যান্স  || ১৯৭১০  || ২৭২৭৬  || ২৮৭২৮  || ২৯৫৭৫  || ৩৬০৭৩  || ৪৪৬৩৫
|-
| মোট জনশক্তি (সংখ্যায়)  || ৩৩৮২  || ৩২৬৫  || ৩৫০৫  || ৩৪৭৬  || ৩৪৭৬  || ৩২৯১
|-
| ক) কর্মকর্তা  || ২১৫৩  || ২০৮৫  || ২২৭২  || ২৩৭২  || ২৩১১  || ২১২৩
|-
| খ) কর্মচারী  || ১১২৯  || ১১৮০  || ১২৩৩  || ১১০৪  || ১১৬৫  || ১১৬৮
|-
| বিদেশী প্রতিষঙ্গী ব্যাংক (সংখ্যায়)  || ৬২৯  || ৬২৯  || ৬৪৮  || ৬৮৬  || ৭২০  || ৬৬২
|-
| শাখা (সংখ্যায়)  || ১৯৮  || ১৯৮  || ২০১  || ২০৭  || ২০৭  || ২১১
|-
| ক) দেশে  || ১৯৮  || ১৯৮  || ২০১  || ২০৭  || ২০৭  || ২১১
|-
| খ) বিদেশে  || -  || -  || -  || -  || -  || -
|-
| কৃষিখাতে  ||  ||  ||  ||  ||  ||
|-
| ক) ঋণ বিতরণ  || -  || ২০  || -  || ৫০  || ৮৭  || ২৫৩
|-
| খ) আদায়  || -  || ১৫  || -  || -  || ৪০  || ৭৫
|-
| শিল্প খাতে  ||  ||  ||  ||  ||  ||
|-
| ক) ঋণ বিতরণ  || ৩৮৩০  || ৪৭৮৬  || ৬২৪৩  || ৩২৫০  || ৭১২৬  || ৫২৮৮
|-
| খ) আদায়  || ৩৭৪২  || ৪৩৬৬  || ৫৯২১  || ১৮২৩  || ৩৯১৫  || ৭৪৮৯
|-
| খাতভিত্তিক  ঋণের স্থিতি  ||  ||  ||  ||  ||  ||
|-
| ক) কৃষি ও মৎস্য  || ১৭  || ১৬  || ১৮  || ৬১  || ৭৩  || ৪৩৮
|-
| খ) শিল্প  || ৩৪২৩  || ৪৪৫৮  || ১৭২৩  || ৫০১২  || ৬১৯২  || ৫৫৬০
|-
| গ) ব্যবসাবাণিজ্য  || ১০২৭৩  || ৯৮৯০  || ১১৭০৬  || ১৫৪৯৫  || ২২০০  || ১৬৬৬৯
|-
| ঘ) দারিদ্র্য বিমোচন  || ৬০  || ৪৫  || ৪৮  || ৫  || ৭  || ৩৫
|}


  <p class=style1>Basic facts and economic indicators (in million Taka).
  <p class=style1>Basic facts and economic indicators (in million Taka).
 
|-
Indicators
|Indicators || 2004 || 2005 || 2006 || 2007 || 2008 || 2009
 
|-
2004
|Authorised capital || 200 || 200 || 1000 || 1000 || 1600 || 3200
 
|-
2005
|Paid up capital || 100 || 100 || 200 || 399 || 799 || 1597
 
|-
2006
|Reserved Fund || 1742 || 1765 || 1866 || 2054 || 2890 || 4610
 
|-
2007
|Deposits || 34615 || 36892 || 39360 || 43586 || 50817 || 59387
 
|-
2008
|a) Call Deposits || 7990 || 7839 || 9918 || 11978 || 13625 || 14222
 
|-
2009
|b) Term Deposits || 26625 || 29053 || 29442 || 31608 || 37192 || 45166
 
|-
Authorised capital
|Loans and Advance || 18601 || 21850 || 25164 || 28477 || 37141 || 39451
 
|-
  200
|Investment || 12794 || 10062 || 9565 || 14456 || 11188 || 22503
 
|-
  200
|Total Asset || 40155 || 42062 || 45217 || 52860 || 58444 || 71946
 
|-
1000
|Total income || 3821 || 4265 || 4435 || 5020 || 6314 || 7397
 
|-
  1000
|Total Expenditure || 2611 || 2650 || 3153 || 3554 || 4008 || 4883
 
|-
  1600
|Foreign Currency Trading || 62923 || 68560 || 69493 || 69768 || 82260 || 88862
 
|-
  3200
|a) Export || 19133 || 18192 || 18134 || 14785 || 15040 || 15097
 
|-
Paid up capital
|b) Import || 24080 || 23090 || 22631 || 25408 || 31147 || 29129
 
|-
  100
|c) Remittance || 19710 || 27276 || 28728 || 29575 || 36073 || 44635
 
|-
  100
|Total Manpower || 3382 || 3265 || 3505 || 3476 || 3476 || 3291
 
|-
  200
|a) Officers || 2153 || 2085 || 2272 || 2372 || 2311 || 2123
 
|-
  399
|b) Staff || 1129 || 1180 || 1233 || 1104 || 1165 || 1164
 
|-
  799
|Correspondent Banks || 629 || 629 || 648 || 686 || 720 || 662
 
|-
  1597
|Total Branches (in numbers) || 198 || 198 || 201 || 207 || 207 || 211
 
|-
Reserved Fund
|a) Domestic || 198 || 198 || 201 || 207 || 207 || 211
 
|-
  1742
|b) Overseas || - || - || - || - || -
 
|-
  1765
|Agriculture Credit  
 
|-
  1866
|a) Loan Disbursed || - || 20 || - || 50 || 87 || 253
 
|-
  2054
|b) Realised || - || 15 || - || - || 40 || 75
 
|-
  2890
|Industrial Credit
 
|-
  4610
|a) Loan Disbursed || 3830 || 4786 || 6243 || 3250 || 7126 || 5288
 
|-
Deposits
|b) Realsied || 3742 || 4366 || 5921 || 1823 || 3915 || 7489
 
|-
  34615
|Loan Outstanding by Sector
 
|-
36892
|a) Agriculture and Fisheries || 17 || 16 || 18 || 61 || 73 || 438
 
|-
  39360
|b) Industry || 3423 || 4458 || 1723 || 5012 || 6192 || 5560
 
|-
  43586
|c) Trade and Commerce || 10273 || 9890 || 11706 || 15495 || 2200 || 16669
 
|-
  50817
|d) Poverty Reduction || 60 || 45 || 48 || 5 || 7 || 35
 
}
  59387
 
a) Call Deposits
 
  7990
 
  7839
 
  9918
 
  11978
 
  13625
 
  14222
 
b) Term Deposits
 
26625
 
  29053
 
  29442
 
  31608
 
  37192
 
  45166
 
Loans and Advance
 
  18601
 
  21850
 
  25164
 
  28477
 
  37141
 
  39451
 
Investment
 
  12794
 
  10062
 
  9565
 
  14456
 
  11188
 
  22503
 
Total Asset
 
  40155
 
  42062
 
  45217
 
  52860
 
  58444
 
  71946
 
Total income  
 
  3821
 
  4265
 
  4435
 
  5020
 
  6314
 
  7397
 
Total Expenditure
 
  2611
 
  2650
 
  3153
 
  3554
 
  4008
 
  4883
 
Foreign Currency Trading
 
  62923
 
  68560
 
  69493
 
  69768
 
  82260
 
  88862
 
a) Export
 
  19133
 
  18192
 
  18134
 
  14785
 
  15040
 
  15097
 
b) Import
 
  24080
 
  23090
 
  22631
 
25408
 
  31147
 
29129
 
c) Remittance
 
  19710
 
  27276
 
  28728
 
  29575
 
  36073
 
  44635
 
Total Manpower
 
  3382
 
  3265
 
  3505
 
  3476
 
  3476
 
  3291
 
a) Officers
 
  2153
 
  2085
 
  2272
 
  2372
 
  2311
 
  2123
 
b) Staff
 
  1129
 
  1180
 
  1233
 
  1104
 
  1165
 
  1164
 
Correspondent Banks
 
  629
 
  629
 
  648
 
  686
 
  720
 
  662
 
Total Branches (in numbers)
 
  198
 
  198
 
  201
 
  207
 
  207
 
  211
 
a) Domestic
 
  198
 
  198
 
  201
 
  207
 
  207
 
  211
 
b) Overseas
 
  -
 
  -
 
  -
 
  -
 
  -
 
Agriculture Credit  
 
a) Loan Disbursed
 
  -
 
  20
 
  -
 
  50
 
  87
 
  253
 
b) Realised
 
  -
 
  15
 
  -
 
  -
 
  40
 
  75
 
Industrial Credit
 
a) Loan Disbursed
 
  3830
 
  4786
 
  6243
 
  3250
 
  7126
 
  5288
 
b) Realsied
 
  3742
 
  4366
 
  5921
 
  1823
 
  3915
 
  7489
 
Loan Outstanding by Sector
 
a) Agriculture and Fisheries
 
  17
 
  16
 
  18
 
  61
 
  73
 
  438
 
b) Industry
 
  3423
 
  4458
 
  1723
 
  5012
 
  6192
 
  5560
 
c) Trade and Commerce
 
  10273
 
  9890
 
  11706
 
  15495
 
  2200
 
  16669
 
d) Poverty Reduction
 
  60
 
  45
 
  48
 
  5
 
  7
 
  35
 
<p class=style1>
''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, Bank o Arthik Prothisthan Samuher Karjaboli [Annual Report on Banks and Financial Institutions], 2004-05 to 2009-10.



Revision as of 13:44, 8 July 2021

Uttara Bank Limited one of the largest and oldest private sector commercial bank in Bangladesh. It was set up as a scheduled bank of the Eastern Banking Corporation in East Pakistan in 1965 and Corporation started banking on 22 June of the same year. It became a member of the Dhaka Clearing House on 17 September 1965. At the time of establishment Eastern Banking Corporation had a paid up capital of Tk 1.42 million and deposit resources of about Tk 10 million. It was the only scheduled bank established with capital raised entirely from the small income group of people of East Pakistan. Eastern Banking Corporation was nationalised under the Bangladesh Banks (Nationalisation) Order 1972 and took rename Uttara Bank with 95% of its share capital. At that time the bank had 182 branches. The government retracted and allowed it to operate as a private bank. It was transformed into a limited company on 15 September 1983. On 31 December 2000, the authorised capital of the bank was Tk 200 million divided into 2 million ordinary shares of Tk 100 each. Its paid up capital was Tk 100 million, of which Tk 5 million is subscribed by the government. The bank is listed with both Dhaka and Chittagong stock exchange.

Basic facts and economic indicators (in million Taka)
বিবরণ ২০০৪ ২০০৫ ২০০৬ ২০০৭ ২০০৮ ২০০৯
অনুমোদিত মূলধন ২০০ ২০০ ১০০০ ১০০০ ১৬০০ ৩২০০
পরিশোধিত মূলধন ১০০ ১০০ ২০০ ৩৯৯ ৭৯৯ ১৫৯৭
রিজার্ভ ফান্ড ১৭৪২ ১৭৬৫ ১৮৬৬ ২০৫৪ ২৮৯০ ৪৬১০
আমানত ৩৪৬১৫ ৩৬৮৯২ ৩৯৩৬০ ৪৩৫৮৬ ৫০৮১৭ ৫৯৩৮৭
ক) তলবি আমানত ৭৯৯০ ৭৮৩৯ ৯৯১৮ ১১৯৭৮ ১৩৬২৫ ১৪২২২
খ) মেয়াদি আমানত ২৬৬২৫ ২৯০৫৩ ২৯৪৪২ ৩১৬০৮ ৩৭১৯২ ৪৫১৬৬
ঋণ ও অগ্রিম ১৮৬০১ ২১৮৫০ ২৫১৬৪ ২৮৪৭৭ ৩৭১৪১ ৩৯৪৫১
বিনিয়োগ ১২৭৯৪ ১০০৬২ ৯৫৬৫ ১৪৪৫৬ ১১১৮৮ ২২৫০৩
মোট পরিসম্পদ ৪০১৫৫ ৪২০৬২ ৪৫২১৭ ৫২৮৬০ ৫৮৪৪৪ ৭১৯৪৬
মোট আয় ৩৮২১ ৪২৬৫ ৪৪৩৫ ৫০২০ ৬৩১৪ ৭৩৯৭
মোট ব্যয় ২৬১১ ২৬৫০ ৩১৫৩ ৩৫৫৪ ৪০০৮ ৪৮৮৩
বৈদেশিক মুদ্রা ব্যবসা পরিচালনা ৬২৯২৩ ৬৮৫৬০ ৬৯৪৯৩ ৬৯৭৬৮ ৮২২৬০ ৮৮৮৬২
ক) রপ্তানি ১৯১৩৩ ১৮১৯২ ১৮১৩৪ ১৪৭৮৫ ১৫০৪০ ১৫০৯৭
খ) আমদানি ২৪০৮০ ২৩০৯২ ২২৬৩১ ২৫৪০৮ ৩১১৪৭ ২৯১২৯
গ) রেমিট্যান্স ১৯৭১০ ২৭২৭৬ ২৮৭২৮ ২৯৫৭৫ ৩৬০৭৩ ৪৪৬৩৫
মোট জনশক্তি (সংখ্যায়) ৩৩৮২ ৩২৬৫ ৩৫০৫ ৩৪৭৬ ৩৪৭৬ ৩২৯১
ক) কর্মকর্তা ২১৫৩ ২০৮৫ ২২৭২ ২৩৭২ ২৩১১ ২১২৩
খ) কর্মচারী ১১২৯ ১১৮০ ১২৩৩ ১১০৪ ১১৬৫ ১১৬৮
বিদেশী প্রতিষঙ্গী ব্যাংক (সংখ্যায়) ৬২৯ ৬২৯ ৬৪৮ ৬৮৬ ৭২০ ৬৬২
শাখা (সংখ্যায়) ১৯৮ ১৯৮ ২০১ ২০৭ ২০৭ ২১১
ক) দেশে ১৯৮ ১৯৮ ২০১ ২০৭ ২০৭ ২১১
খ) বিদেশে - - - - - -
কৃষিখাতে
ক) ঋণ বিতরণ - ২০ - ৫০ ৮৭ ২৫৩
খ) আদায় - ১৫ - - ৪০ ৭৫
শিল্প খাতে
ক) ঋণ বিতরণ ৩৮৩০ ৪৭৮৬ ৬২৪৩ ৩২৫০ ৭১২৬ ৫২৮৮
খ) আদায় ৩৭৪২ ৪৩৬৬ ৫৯২১ ১৮২৩ ৩৯১৫ ৭৪৮৯
খাতভিত্তিক ঋণের স্থিতি
ক) কৃষি ও মৎস্য ১৭ ১৬ ১৮ ৬১ ৭৩ ৪৩৮
খ) শিল্প ৩৪২৩ ৪৪৫৮ ১৭২৩ ৫০১২ ৬১৯২ ৫৫৬০
গ) ব্যবসাবাণিজ্য ১০২৭৩ ৯৮৯০ ১১৭০৬ ১৫৪৯৫ ২২০০ ১৬৬৬৯
ঘ) দারিদ্র্য বিমোচন ৬০ ৪৫ ৪৮ ৩৫

Basic facts and economic indicators (in million Taka). |- |Indicators || 2004 || 2005 || 2006 || 2007 || 2008 || 2009 |- |Authorised capital || 200 || 200 || 1000 || 1000 || 1600 || 3200 |- |Paid up capital || 100 || 100 || 200 || 399 || 799 || 1597 |- |Reserved Fund || 1742 || 1765 || 1866 || 2054 || 2890 || 4610 |- |Deposits || 34615 || 36892 || 39360 || 43586 || 50817 || 59387 |- |a) Call Deposits || 7990 || 7839 || 9918 || 11978 || 13625 || 14222 |- |b) Term Deposits || 26625 || 29053 || 29442 || 31608 || 37192 || 45166 |- |Loans and Advance || 18601 || 21850 || 25164 || 28477 || 37141 || 39451 |- |Investment || 12794 || 10062 || 9565 || 14456 || 11188 || 22503 |- |Total Asset || 40155 || 42062 || 45217 || 52860 || 58444 || 71946 |- |Total income || 3821 || 4265 || 4435 || 5020 || 6314 || 7397 |- |Total Expenditure || 2611 || 2650 || 3153 || 3554 || 4008 || 4883 |- |Foreign Currency Trading || 62923 || 68560 || 69493 || 69768 || 82260 || 88862 |- |a) Export || 19133 || 18192 || 18134 || 14785 || 15040 || 15097 |- |b) Import || 24080 || 23090 || 22631 || 25408 || 31147 || 29129 |- |c) Remittance || 19710 || 27276 || 28728 || 29575 || 36073 || 44635 |- |Total Manpower || 3382 || 3265 || 3505 || 3476 || 3476 || 3291 |- |a) Officers || 2153 || 2085 || 2272 || 2372 || 2311 || 2123 |- |b) Staff || 1129 || 1180 || 1233 || 1104 || 1165 || 1164 |- |Correspondent Banks || 629 || 629 || 648 || 686 || 720 || 662 |- |Total Branches (in numbers) || 198 || 198 || 201 || 207 || 207 || 211 |- |a) Domestic || 198 || 198 || 201 || 207 || 207 || 211 |- |b) Overseas || - || - || - || - || - |- |Agriculture Credit |- |a) Loan Disbursed || - || 20 || - || 50 || 87 || 253 |- |b) Realised || - || 15 || - || - || 40 || 75 |- |Industrial Credit |- |a) Loan Disbursed || 3830 || 4786 || 6243 || 3250 || 7126 || 5288 |- |b) Realsied || 3742 || 4366 || 5921 || 1823 || 3915 || 7489 |- |Loan Outstanding by Sector |- |a) Agriculture and Fisheries || 17 || 16 || 18 || 61 || 73 || 438 |- |b) Industry || 3423 || 4458 || 1723 || 5012 || 6192 || 5560 |- |c) Trade and Commerce || 10273 || 9890 || 11706 || 15495 || 2200 || 16669 |- |d) Poverty Reduction || 60 || 45 || 48 || 5 || 7 || 35 } 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. The management of the bank is vested in a 13-member board of directors consisting of a chairman and 12 directors. The managing director is the chief executive assisted by a deputy managing director and 2 assistant managing directors. With two corporate offices and 11 divisions at its headquarter banking activities of Uttara Bank Limited in 211 branches are supervised through its 12 zonal offices in different parts of the country. The authorised capital of the bank stood at Tk 3200 million in 2009 from Tk 1600 million in 2008. The paid up capital rose to Tk 1597 million in 2009 from Tk 799 million in 2008. The reserve fund of the bank stood at Tk 4,610 million in 2009 from Tk 2890 million in 2008. Uttara Bank performs all traditional commercial banking functions. It renders agency services to the government in food procurement and collection of government revenue through the network of its branches all over the country. The bank has correspondent relationships with 662 foreign banks/bank offices and 65 exchange houses. Of them Arabian Exchange Company in Doha, Qatar is being operated under bank';s own management and supervision. On the other hand wage earners from any place of the world can remit their money to Bangladesh through Money Gram Company of USA under a protocol signed between Uttara Bank and the Money Gram. Money so remitted is transferred to the beneficiaries accounts quickly through 207 branches of the bank. With the objective of attracting the Bangladeshi wage earners abroad and the non-resident foreigners to invest in Bangladesh, the bank offered them the opportunity to open Non-resident Foreign Currency Deposit (NFCD) account, Foreign Currency Current Deposit (FCCD) account, Wage Earners Development Bond (WEDB) and Non-resident Investment Taka Account (NRITA). For this purposes the bank established Home Remittance Cell (SRC). The bank has some other schemes to induce the wage earners to invest their savings in the securities market of the country. Any Bangladeshi national can open Resident Foreign Currency Deposit (RFCD) account with any authorised branch of Uttara Bank to retain excess of foreign travel quota, or foreign exchange earning. The bank has earned a reputation and confidence of the wage earners in successfully transmitting foreign income to their beneficiaries promptly and without hassles. Remittances rose to Tk 44,635 million in 2009 from Tk 36073 million in 2008. Money remitted from any corner of world is ascertaind to be deposited in the account of the recipient within two hours of its arrival under Express Payment Scheme of Uttara Bank. Clients who have no account in the bank can receive remittance in cash in the counter through their passports, driving licenses, remittance cards, voter ID cards and credit cards under its Instant Cash Scheme. Besides, the bank delivers a draft dispatched by a money sending company, to the address of the recipient and pays him the equivalent money of the foreign currency under Instant Draft Scheme. E-mail and Internet connections are available in almost all the branches of the bank including headquarters to speed up foreign exchange transactions. Swift system is available in 38 branches and international division. It has introduced Q-Cash, UBL-ATM Debit Card through which the customer can draw cash and transfer money within 24 hours. It has an individual ATM booth. This service of the bank is operated all over the country through 121 Q-cash ATM booths and all ATM booths of brac bank. Bank has introduced Nari Swanirvar Rin Prokalpa to make the women entrepreneurs self-supporting. The bank is actively associated with syndicated financing to innovate both domestic and foreign investments in Bangladesh. Bank has participated in syndicated lending to AKTEL, BRAC, Dhaka Telephone Company Limited, Rankstel Limited, BSRM Steels Limited, Grameenphone Limited, Warid Telecome Limited, Sheba Telecom Limited, Venture Capital Energy Limited, Akber Composit Limited, Rising Spinning Limited, Malancha Holding Limited, Banga Builders Limited etc. To meet the credit demand of small income group of rural and the urban area and to create employment for jobless youths and young women, the bank has introduced some special credit facilities. Bank is channeling special credit through its Bhagalpur branch in Kishoreganj district in dairy and poultry products to create job for the poor segment population of the area. Bank has been maintaining a special marketing outlet 'Uttaran since 1996, which is becoming popular among the buyers of marginal income. [Muhammad Abdul Mazid]