Dhaka Bank Ltd. was registered as a public limited company in the year 1995 and it started functioning as a commercial bank on 5 July, 1995. The bank opened its business with an authorized capital of Tk. 1000 million and a paid up capital of Tk. 100 million. As on 31 march, 2010 the paid up capital of the bank has gone above Tk. 2659 million. So Dhaka Bank has proven its competence in the mean time.

Products

The products of Dhaka Bank may be divided into four broad groups. These are Corporate Banking, Retail Banking, SME and GTS. Corporate banking is subdivided into the following:

• Securitization of Assets
• Corporate Finance & Advisory Services
• Syndication of Funds
• Project Finance
• Syndication & Structured Finance
• Trade Finance
• Working Capital Finance

These schemes are all designed to provide finance, strategic guidance and advice to the deserving entrepreneurs in trade and industry of the country. Some of these programs have already proved to be very effective; some are still in infancy. However, these are helping employment generation and economic growth of the country.

Retail banking presents seven products. Some of them are really innovative and attractive. The products are listed below:

• Bundled Savings Product
• Deposit Pension Scheme
• Salary Account
• Personal Loan
• Car Loan
• Home Loan
• Credit Card

Bundled savings product offers three types of accounts, namely silver, gold and platinum. Each of these has advantages of a current account, still provides interest as a savings account.

Salary account is a special savings account for the salaried people of the institutions having a corporate agreement with Dhaka Bank. This account has extra facilities than a normal savings account. Other schemes are well known from the very names and these provide good terms and conditions for limited income groups of the society.

Small and medium enterprises of a country like Bangladesh play a very effective role to create new employments and to enhance economic growth. Dhaka Bank realized the fact at a very early stage and accordingly initiated funding SMEs in 2003. SME program of this bank engulfs weaving, textile, light engineering and many others in production. The schemes also address small trades. Dhaka Bank tried to identify the problems in depth and came forward with appropriate solutions. It developed collaboration with international organizations like USAID, IFC, South Asia Enterprise Development Facility and World Bank for these programs. As a result bottom line SMEs started attaining sustainable growth in the mean time.

Global Trade Service of DBL is organized and steered by two units, namely Financial Institutions and Remittance Unit. Being centered at H/Q of the bank, the two units maintain correspondent network with 320 banks all over the globe. Clients of Dhaka Bank reach the global trade opportunity through 15 Authorized Dealer branches and one offshore branch. The services provided by DBL under GTS are:

• Import Letter of Credit
• Export Letter of Credit, negotiation and documentary collection
• Local guarantee against counter guarantee

Services

Dhaka Bank Ltd. offers different services to its stake holders. These may be classified as follows:

• Corporate Banking
• Retail Banking
• Islamic Banking
• Capital Market
• GTS
• SME
• Locker

Each and every corporate client has unique problems and that needs a tailor made solution. Dhaka Bank realizes the fact and accordingly treat each customer as a special one. DBL has developed a group of specialists with in-depth knowledge in market trends, Project, its problems and prospects and solutions. So you may approach the bank with your needs. DBL is ready to present you with advice or finance or both as may be required. DBL’s credit lines major partners as on 31 December, 2009 are appended below:

• Engineering & Metal including Ship Breaking - Tk. 3940 million
• Food & Allied - Tk. 3500 million
• Housing & Construction - Tk. 6920 million
• Textile & Garments - Tk. 9730 million
• Chemical - Tk. 1300 million
• Transport & Communication - Tk. 1910 million
• Service - Tk. 1580 million

So it’s clear that Dhaka Bank addresses all the vital sectors of industry and trade of the country with keen interest.

ATM card and Debit card services are the demand of time and this bank has incorporated with these for its valued clients.

Islamic Banking is a major field of activity of the bank. Many of the prospective customers like to adhere with their belief in banking as well. Dhaka Bank has introduced all its activities for them in compliance with Islamic Laws.

Dhaka Bank is proceeding forward with all its clients and stake holders in bold steps and contributing in national economy too.