Premium Essay

Analysis of Changing Roles of Bangladesh Bank: Industrialization Perspective

In: Business and Management

Submitted By peter1987
Words 8807
Pages 36
Analysis of Changing Roles of Bangladesh Bank:
Industrialization perspective

1. Introduction The vision of the Bangladesh Bank is to develop continually as a forward looking central bank with competent and committed professionals of high ethical standards, conduct monetary management and financial sector supervision to maintain price stability and financial system robustness, support rapid broad based inclusive economic growth, employment generation and poverty eradication in Bangladesh. The mission is to formulate monetary and credit policies, manage currency issue and regulate payment system, manage foreign exchange reserves and regulate the foreign exchange market, regulate and supervise banks and financial institutions and advise the government on interactions and impacts of fiscal, monetary and other economic policies.

Bangladesh Bank maintains an interest rate structure that provides fair return on financial assets, supports growth in the real sector and promotes development of markets in bond and securities. The central bank provides precise prudential regulatory, risk management and disclosure framework to protect solvency and liquidity of individual institutions and stability of the overall financial system, acting as lender of last resort if and when needed. The central bank maintains liquidity conditions and credit policies ensuring adequate credit flows at market driven flexible interest rates for all productive economic activities, including in sectors like agriculture, SME, and where markets have not been very responsive. Bangladesh Bank fosters macroeconomic stability through monetary and external sector management. The bank promotes and supports development of new financial products, services and instruments. It maintains a secure and quick payment system for settlement of claims.

Because of the scarcity…...

Similar Documents

Premium Essay

Perfomance Analysis of Mercantile Bank, Bangladesh

...Introduction In order to know about a financial organization like a bank, a person should know all section of the financial organization in times. We intend to provide minimum background and procedural guidelines to examiners responsible for evaluating a bank’s activities. Definition of the Bank Bank is defined as a financial institution that collects deposits from various individual and organizations and provides loans to those who need it. But modern banks do not mean only the means of collecting and disbursing money to various entities. Rather it provides various services to various entities which facilitate their business operations. The functional definition of bank is that “it is a financial institution, which accepts money from its customers as deposit and gives money as loan to the borrowers.” According to a prominent economist R.S. Sayers, “A Bank is an institution whose debts are widely accepted in settlement of other peoples’ debts to each other. Another economist C. Cross defined, “A Bank is financial intermediary-a dealer in loans and debts.” Overview of Mercantile Bank Limited MBL in Bangladesh Banking system occupies an important place in a nation’s economy. Banking institution is indispensable in a modern society and it plays a vital role in the economic development of a country. Against the background of liberalization of economic policies in Bangladesh, Mercantile bank Limited emerged as a new commercial bank to provide efficient banking services with......

Words: 4616 - Pages: 19

Premium Essay

Bangladesh Bank

...HUMAN RESOURCE MANAGEMENT AND EMPLOYEE PERFORMANCE: A CASE STUDY ON BANGLADESH BANK PRESENTED BY: MD. RAYHANUL ISLAM EXAMINATION COMMITTEE: Dr. SUNUNTA SIENGTHAI (CHAIRPERSON) Dr. SUNDAR VENKATESH Dr. YUOSRE BADIR Agenda: Introduction of the study Snapshot of BB and its current situation on human resource management. Findings and discussion. Conclusion of the study and recommendations. Introduction Bangladesh Bank (BB), the central bank of Bangladesh, is the key player for the financial sector of Bangladesh as well as for the economy. An urgent need for supply of adequate professional manpower to cope with the emerging challenges. Objectives of the study: 1. To describe the existing HRM of BB. 2. To assess the strengths and weaknesses of the current BB’s HRM. 3. To examine the relationship between BB’s HRM practices and HR Department’s employees performance. Research methodology ◦ ◦ ◦ ◦ ◦ Sampling Method Primary Data Secondary Data Data Gathering Instrument Data Analysis Flow chart of the research framework Bangladesh Bank and its situation on Human Resource Management • The • • establishment of BB Functions of BB Human Resources Department (HRD) of BB: HR Dept. has 3 division & each division has 2 wings. These arePlanning and Resourcing Division -Planning, Promotion & Transfer wing -Recruitment & Outsourcing wing Development and Benefit Division -Benefits & Administration wing -Training & Development wing Performance and Reward......

Words: 950 - Pages: 4

Premium Essay

Froeign Exchange Performance Analysis of Islami Bank Bangladesh Ltd.

...Foreign Exchange Performance Analysis of Islamic Bank Bangladesh Ltd. A Report On Foreign Exchange Performance Analysis of Islamic Bank Bangladesh Ltd. Prepared For: The Chairman Fourth Year Examination Committee 2013 Prepared By Md. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Dept. of Finance & Banking Jahangirnagar University Savar, Dhaka – 1342 October 10, 2013 October 10, 2013 The Chairman Exam Committee Fourth Year Exam Committee 2013 Department of Finance & Banking Jahangirnagar University Savar, Dhaka-1342 Through: Mr. MD. Tarikul Islam, Thesis Supervisor Subject: Submission of the internship report/bachelor thesis Dear Sir: It is my pleasure to submit the Internship Report on “Analysis on Foreign Exchange Operation of Islamic Bank Bangladesh Ltd.” as approved by my internal supervisor, Mr. Md. Tarikul Islam and my external supervisor, Md. Hedayet Ullah, Course coordinator of Internship Program of IBBL. I expect your kind acceptance of the report my report. Thank you for giving me the opportunity to do such type of work. I tried my best to make it understandable, relevant and reliable. I also expect your cordial suggestions that will be a positive feedback for me to make better in future. Sincerely yours, MD. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Acknowledgement First of all I would like to thank the Almighty who gave me patience. In preparing this internship report...

Words: 10400 - Pages: 42

Premium Essay

Role of Dse in Bangladesh

...highly efficient provisions for secondary market activities of securities. Origin of the topic This term paper originated as an academic requirement of BBA Program. This is authorized and organized by the department of BBA. After completion of the program period a student must submit the term paper on the assigned topic to the Supervisor and to the department. The program is three months duration. I was assigned to Dhaka  Stock Exchange Limited, to complete the program. Objective of the study Objectives of this study are as follows- - To present an overview of Dhaka  Stock Exchange. -To identify the trend line of DSE and that of those securities incorporated in DSE. -To identify the strength and performance of DSE 5 Banks. . -To compare among DSE 5  Banks. . -To develop the practical knowledge by the practical orientation of Work. Scope of the Study Scope of the study could be to understand contribution of stock exchange in economic development of a country. The economy of Ban in gaining in confidence and scope for development of capital market is gaining ground. If we can educate the investors regarding risk in management and adopt suitable legal measure to protect the investor’s interest, a substantial volume of saving of masses will flow into capital markets economic growth leads to increase national incomes and thus savings, which in turn are often channeled into the capital market. Limitation of the Study I have been provided with all necessary information......

Words: 5240 - Pages: 21

Free Essay

Changing Perspective

...Changing Perspective PSY/220 Changing Perspective The way that we look at things and problems in life can be very important in the outcome of events and things we think, that maybe what we think we have seen or feel about something, may not be the true story. There is a problem-solving technique that we can learn and put into action that could make solving things much easier for us, and it is called “changing perspectives”. This technique, especially if more than one perspective is being given, can make a difference in the way things are seen and heard. In the following scenario, more than one perspective is being looked at, that can make a big different in the outcome of an event. This will give you, the readers the opportunity to also have a perspective on the event being described. It was a beautiful fall day when John was able to get a ride from some of his friends, to go to another small town, about 20 miles away, to get a part for his car that he was working on. As john, his 2 friends, and one of his friends children got into the car to make the journey, never did anyone dream that today would alter john’s life forever and have people wondering for years to come, exactly what happen. The trip to the junk yard where the car part waited John, was uneventful, just some friends out on one of the last nice fall days, but the trip back was anything but uneventful. Traveling down this two lane......

Words: 1195 - Pages: 5

Premium Essay

Role of Commercial Bank in Development of Bangladesh

...Strikes or Closure: For strike or closure in unit bank, overall trade and industry and banking system do not get affected much.No Monopolistic Practices: No chance for monopolistic practices.No Risk of fraud: Employees are not likely to commit fraud due to closer control of management.Closure of Inefficient Banks: Inefficient banks will be closed automatically if they fail to satisfy their customers.Local Development: Specialized knowledge in local problems. Promotes Regional Balance: It does not transfer rural resources to industrialized area, thus reduce regional imbalance. | Better banking Services: Enjoy the benefit of large economics. Can provide specialized service which is hard for unit banking.Extensive Service: Can offer extensive service all over the country even at abroad.Decentralization of Risks: For spread in larger area and different sectors, it can reduce its risks easily.Uniform Rates of Interest: For better control and coordination of central bank, interest rates are uniform.Better Cash Management: For inter branch cash movement option, cash management is better than unit banking system.Better training Facilities to Employees: For larger organization size, it can afford training facilities for its employee.Easy and Economical Transfer of Funds: For nationwide spread of branches, transfer of funds from one branch to another is easier.Effective Central bank Control: For central bank it is easier to control few bigger banks having many branches than many unit......

Words: 3979 - Pages: 16

Free Essay

Changing Perspectives

...Changing Perspectives: A New Outlook Margaret Williams PSY220 June 5, 2011 Amy Hennings The journey one takes through life necessitates change, for without it one is not able to grow and gain new awakenings. The process of change is an inevitable part of life brought about through maturity, gained knowledge, and discovering one self. An individual may have what he or she feels is a sound perspective about any number of circumstances or situations. However, as information and knowledge of the cause of such situations are revealed, the individual may have a change in perspective and develop an entirely different outlook. A situation that comes to mind more than once is the decision made by many women facing unexpected pregnancies to get an abortion. Putting this in perspective, this woman may be judged as morally wrong and often referred to as a “murderer” as a result of her decision to terminate the unwanted pregnancy, especially by those who oppose abortion for any reason at all. However, there are also those who believe it is the right of the young woman to make that decision whatever the reason may be. Let us consider the following scenario: a young girl is sexually molested by young man she has only just met. As a result, she becomes pregnant. The young girl feels as though she is not ready for the responsibilities of parenthood and makes the choice to have an abortion. Many of her friends, lacking knowledge of the entire circumstance, attempt to......

Words: 1117 - Pages: 5

Premium Essay

Contribution of Banks on Sme Sector in Bangladesh

...Report On Contribution of Banks on SME Sector in Bangladesh 1 LETTER OF TRANSMITTAL 2 ACKNOWLEDGEMENT 3 Table of contents No: Page: Chapter One Introduction 1.1 Introduction 1 1.2 Background of the study 2 1.3 Problem statement 3 1.4 Objectives of the study 3 1.5 Scope of the study 4 Chapter Two Methodology 2.1 Data requirement 5 2.2 Study area 6 2.3 Sample size selection 6 2.4 Questionnaire development 7 2.5 Literature review 8 2.6 Small enterprise 10 2.7 Medium enterprise 10 2.8 SME financing by Banks in Bangladesh 11 Chapter Three Results 3.1 Contribution of SMEs in the economy 13 3.2 Current status of SME financing by Bangladesh Bank 14 4 3.3 Loan documents needed for SME financing by banks 14 3.4 About the sample banks 15 3.5 Portfolio size of different banks in SME sector 17 3.6 Target given by Bangladesh Bank 19 3.7 Survey analysis 24 3.8 Findings 27 Chapter Four 29 Limitation Chapter Five 30 Conclusions and recommendation Appended Parts Data collection instruments Details of entrepreneurs Bibliography List of Tables 3.1 Portfolio size of Different Banks in SME sector 17 3.2 Distribution of entrepreneurs whether or not they take bank loan 24 to operate their SME business. 3.3 Distribution of......

Words: 10459 - Pages: 42

Free Essay

Case Analysis Grammen Bank Bangladesh

...Grameen Bank, Bangladesh Need/Objective: To empower the poor there is a need for fair access to finance. Since conventional banking makes lending decisions based on a borrower's existing assets (collateral), those who have nothing get nothing. 50 percent of the population of Bangladesh lives on less than USD 1 per day. If they needed money, they traditionally had to turn to local money lenders who charged extremely high interest rates and frequently entrapped the borrowers in a spiral of debt. Broadly the objectives of Grameen Bank are as follows. * To promote financial independence among the poor by extending banking facilities to poor men and women * Eliminate the exploitation of the poor by money lenders * Create opportunities for self-employment for the vast multitude of unemployed people in rural Bangladesh * Bring the disadvantaged, mostly the women from the poorest households, within the fold of an organizational format which they can understand and manage by themselves * Impart Financial Literacy among rural poor * Reverse the age-old vicious circle of ‘low income-low saving-low investment’ into virtuous circle of ‘low income-injection of credit-investment-more income -more savings-more investment-more income’ Social business solution: In 1976, Prof. Yunus lent USD 27 to 42 people - focusing on the poorest of the poor. This led to the innovation of micro finance and the foundation of the Grameen Bank in 1983. This Bank lent money without......

Words: 2362 - Pages: 10

Premium Essay

Intership Paper on Prime Bank Bangladesh

... | |» 1.03. Methodology | | |» 1.04. Scope of the Report | | |» 1.05. Limitations of the Study | | |∆∆Chapter- 2 (Prime Bank at a Glance) | | |» 2.01. Background | | |» 2.02. Objective of the bank | | |» 2.03. Corporate information | | |» 2.04. Departments of Prime Bank | | |» 2.05. Branch Network | | |» 2.06. Organ gram of PBL | | |» 2.07. Products and Services ...

Words: 22086 - Pages: 89

Premium Essay

Role of Bangladesh Monetary Policy

...The Role of Aggregate Demand and Supply Shocks in a Low-Income Country: Evidence from Bangladesh Omar H.M.N. Bashar The Journal of Developing Areas, Volume 44, Number 2, Spring 2011, pp. 243-264 (Article) Published by Tennessee State University College of Business DOI: 10.1353/jda.0.0095 For additional information about this article Access Provided by Bangladesh University of Professionals at 05/29/11 5:42AM GMT THE ROLE OF AGGREGATE DEMAND AND SUPPLY SHOCKS IN A LOW-INCOME COUNTRY: EVIDENCE FROM BANGLADESH Omar H.M.N. Bashar Deakin University, Australia ABSTRACT This paper explores the relative role of aggregate demand and supply shocks in affecting the output level and inflation rate in a low-income country vulnerable to various economic shocks. The study uses Bangladesh data, and following Cover et al (2006), employs a modification of the BlanchardQuah (BQ) approach, in which the two shocks are allowed to be correlated. Strong evidence is found for the hypothesis that aggregate demand and supply shocks are interrelated in Bangladesh. For the case in which causality is assumed to be running from demand to supply shocks, it was found that an independent supply shock plays significant role for fluctuations in inflation, which was absent in the standard BQ model. The results suggest that a tightening of monetary policy may lead to an adverse effect on the long-run growth potential and some......

Words: 8517 - Pages: 35

Premium Essay

Alm Practice in Banks: a Perspective of the Southeast Bank Ltd.

...Sheet Risk management and should ensure that the structure of the institute’s business and the level of Balance Sheet risk it assumes are effectively managed, appropriate policies and procedures are established to control the direction of the organization. The whole exercise is with the objective of limiting these risks against the resources that are available for evaluating and controlling liquidity and interest rate risk. Asset Liability Management (ALM) can be defined as a mechanism to address the risk faced by a bank due to a mismatch between assets and liabilities either due to liquidity or changes in interest rates. Liquidity is an institution’s ability to meet its liabilities either by borrowing or converting assets. Apart from liquidity, a bank may also have a mismatch due to changes in interest rates as banks typically tend to borrow short term (fixed or floating) and lend long term (fixed or floating). A comprehensive ALM policy framework focuses on bank profitability and long-term viability by targeting the net interest margin (NIM) ratio and Net Economic Value (NEV), subject to balance sheet constraints. Significant among these constraints are maintaining credit quality, meeting liquidity needs and obtaining sufficient capital. An insightful view of ALM is that it simply combines portfolio management techniques (that is, asset, liability and spread management) into a coordinated process. Thus, the central theme of ALM is the coordinated – and not piecemeal –......

Words: 9186 - Pages: 37

Premium Essay

Hr Practice of Brac Bank Bangladesh

...program, consisting of theoretical exposure, the students are required to obtain different types of experiences gathered from different organizations, field work, and the presentation based on them. We have tried our best to use this opportunity to enrich my knowledge on banking system and also incorporate my knowledge, which I have learned from my classes. 1.2 Background of the study Practical Knowledge has no alternative especially for BBA student. We worked as an Intern in The BRAC Bank Ltd, HR Division. After doing the study, we have to make a Report. The report covers “HR practice of BRAC Bank Limited”. This report gives a narrative overview of the overall HR practice of BRAC Bank Limited. This report explains the nature and objective of the Human Resource Division as well as its functioning. As a fully commercial bank, The BRAC Bank Limited is being managed by a highly professional and dedicated team with long experience in banking Human Resource Division of BRAC Bank Limited focuses on the recruitment of best employees to understanding and anticipating customer needs. However, since the information of Human Resource Division are confidential and sensitive in nature, so that we tried to construct this report with the help of available information. 1.3 Significance of the study For the partial fulfillment of the course HRM-202 we need to have some practical knowledge about human resource management and human resource practice for which a study like...

Words: 10254 - Pages: 42

Premium Essay

Women Entrepreneurs in Smes Bangladesh Perspective

...Women Entrepreneurs in SMEs: Bangladesh Perspective Sponsored by: SME Foundation Conducted by: MIDAS November 2009 Table of Contents Acronyms List of Tables and Figures Executive Summary Chapter 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Chapter 2.0 2.1 2.1.1 2.1.2 2.1.3 2.1.4 2.1.5 2.1.6 2.2 2.3 2.4 2.5 2.5.1 2.5.2 2.6 3.0 4.0 4..1 4..2 5.0 5.1 5.2 5.3 5.4 6.0 6.1 6.2 6.3 6.4 6.4.1 6.5 6.6 6.7 6.7.1 6.7.2 7.0 7.1 Introduction Statement of the problem Significance of the study Objective of the study Theoretical perspective of the study Scope of the study Limitations of the study Study Methodology Primary Research Location of the survey Sample Size Support Service Providers Methods of Data Collection Techniques of Data Collection Techniques of Data Analysis Secondary Research Focus Group Discussion (FGD) Key Informant Meeting (KIM) and Preparation of Case Studies Planning Workshops (PW) Planning Workshop Dialogues in the 6 Divisional HQs Discussions at Planning Workshops National Dissemination Seminar (NDS) Literature Review Entrepreneurship Concept of Entrepreneurship: A theoretical discussion Entrepreneurship in Bangladesh Women Entrepreneurship in Bangladesh History of Women Entrepreneurship Development in Bangladesh Women Entrepreneurs of Bangladesh Women Entrepreneurship in Urban Areas Women Entrepreneurship in Rural Areas Small & Medium Enterprises (SMEs) Definition of SME Theories of SME SMEs in Bangladesh Promotion of SMEs for Sustainable Development Access to......

Words: 136702 - Pages: 547

Free Essay

Changing Perspectives

...CHANGING PERSPECTIVES PSY/220 KATRENA TAYLOR 7/24/11 WRITTEN BY GARY ELLIOTT The scenario that is in the text is something that we see all too often out in society. We as people think that we should have control over what is going on around us at all times. The way we view something is what we have seen in the past, or have experienced ourselves. I have been guilty of this very thing; everyone has a different perspective on the same situations. People that have religion see things different than people that don’t. Most people just see the situation from their perspective on the outside and they don’t take the time to ask questions or try to see the other side. After reading the following scenario, I would say that the first analogy of the situation fits well. You see that sort of situation all the time, whether you are at the grocery store or at Wal-Mart. I actually witnessed a situation like this once at a store called Game stops. These kids were so bad that they were running around knocking over the displays, the mother was patiently waiting in line to purchase the games that she bought. One of the guys that worked there had to stop the kids from destroying the store, while the mother paid no mind to what was going on. Where I live there are a lot of homeless people constantly walking around and asking for anything mainly money. These are the same people that are telling you that their car broke down and the just need a little gas to get home. Most of these......

Words: 1064 - Pages: 5