...MERCANTILE BANK LTD Snapshot of MERCANTILE BANK LTD (MERBNK) OPEN$406.00 | | PREVIOUS CLOSE$405.00 | DAY HIGH$407.75 | | DAY LOW$403.00 | 52 WEEK HIGH02/7/10 - $490.98 | | 52 WEEK LOW09/3/09 - $222.95 | MARKET CAP-- | | AVERAGE VOLUME 10 D394.8K | EPS TTM-- | | SHARES OUTSTANDING0.0 | MERBNK Does Not Pay Dividends | | P/E TTM-- | K = Thousands M = Millions B = Billions | MERBNK:BD Historical Stock Quote MERBNK:BD Advanced Stock Chart MERBNK Details Mercantile Bank Limited provides various commercial banking services in Bangladesh. The company provides a range of services, including accepting deposits, making loans, discounting bills, and conducting money transfer and foreign exchange transactions, as well as performing other related services, such as safe keeping, collections, issuing guarantees, acceptances, and letters of credit. Its deposit products include double benefit deposit, family maintenance deposit, monthly savings, quarterly benefit deposit, special savings, advance benefit deposit, and pension and family support schemes. The company also offers consumers credit, doctor’s credit, car loan, and rural development schemes, as well as provides lease financing, personal loans, and small loans. In addition, it offers online services; and debit and credit card facilities. As of December 31, 2008, the company operated 42 branches and 3 small and medium enterprise service centers in Bangladesh. Mercantile Bank Limited was founded in 1999 and...
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...Hrm Practices in Dhaka Bank Limited In: Business and Management Hrm Practices in Dhaka Bank Limited TABLE OF CONTENTS Executive Summary Prefatory Origin of Bank Definition of Bank History of Banking in Bangladesh History of Private Banks in Bangladesh Current Structure of Banks in Bangladesh Introduction Origin of the Report Objectives Scope Rationale of the study Methodology Limitations Literature Review Organization Overview DBL Background Nature of Business Shariah Council of the bank Vision Mission Core Values Objective of EXIM Bank as a shariah basedIslamic Bank Strategic objectives of DBL Customer charter _____________________________________26 _____________________________________26 _____________________________________27 _____________________________________05 _____________________________________07 _____________________________________08 _____________________________________08 _____________________________________09 _____________________________________11 _____________________________________13 _____________________________________17 _____________________________________18 _____________________________________19 _____________________________________19 _____________________________________20 _____________________________________20 _____________________________________21 _____________________________________21 _____________________________________23 _____________________________________24 _____________________________________25 _____________________________________25...
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...Saving Banks Saving banks are established to create saving habit among the people. These banks are helpful for salaried people and low income groups. The deposits collected from customers are invested in bonds, securities, etc. At present most of the commercial banks carry the functions of savings banks. Postal department also performs the functions of saving bank. Type 2. Commercial Banks Commercial banks are established with an objective to help businessmen. These banks collect money from general public and give short-term loans to businessmen by way of cash credits, overdrafts, etc. Commercial banks provide various services like collecting cheques, bill of exchange, remittance money from one place to another place. In India, commercial banks are established under Companies Act, 1956. In 1969, 14 commercial banks were nationalised by Government of India. The policies regarding deposits, loans, rate of interest, etc. of these banks are controlled by the Central Bank. Type 3. Industrial Banks / Development Banks Industrial / Development banks collect cash by issuing shares & debentures and providing long-term loans to industries. The main objective of these banks is to provide long-term loans for expansion and modernisation of industries. In India such banks are established on a large scale after independence. They are Industrial Finance Corporation of India (IFCI), Industrial Credit and Investment Corporation of India (ICICI) and Industrial Development Bank of India...
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...1. Name & Number of banking & other financial institutions. (Category wise updated data) Bangladesh Bank Bangladesh Bank has been working as the central bank since the country’s independence. Its prime jobs include issuing of currency, maintaining foreign exchange reserve and providing transaction facilities of all public monetary matters. Bangladesh Bank regulates and supervises the activities of all banks. Bangladesh Bank is also responsible for planning the government’s monetary policy and implementing it thereby. The Bangladesh Bank has a governing body comprising of nine members with the Governor as its chief. Apart from the head office in Dhaka, it has nine more branches, of which two in Dhaka and one each in Chittagong, Rajshahi, khulna, Bogra, Sylhet, Rangpur and Barisal. Category of Bank in Bangladesh |Category |Number of banks | |Nationalized Commercial Banks |4 | |Local Private commercial banks |30 | |Foreign Private Banks |9 | |Specialized Banks of Bangladesh |5 | |Renowned Financial Institutions...
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...Securities and Exchange Commission Bangladesh CHAIRMAN’S STATEMENT The Securities and Exchange Commission (SEC) was established on June 8, 1993 under the Securities and Exchange Commission Act 1993 (Act 15 of 1993) as a capital market regulator with a view to ensuring proper issuance of securities, protection of the interest of investors in securities, development of the capital and securities markets, and regulation of the capital and securities markets in Bangladesh. The Commission consists of a chairman and four full time members who are employed by the government for a period of three years renewable for another similar term. The services of the chairman and members of the Commission are also determined by the government. The Chairman is the chief executive officer of the Commission. The country’s capital market witnessed a remarkable turn-around during the fiscal year 2008-2009. There were unmistakable signs of the resurgence of investor’s confidence which suffered a major jolt in the wake of the catastrophic crash of the stock market in 1996. Dhaka Stock Exchange’s (DSE) general index which was introduced on 27th November 2001 with a base of 818 points hardly moved in the following two years with the index increasing by merely five points to reach 823 on 30th June 2003. A significantly higher level was attained during the following year with the index rising to 1319 as of 30 June 2004. Parallely, Chittagong Stock Exchange’s index rose from 1841 as of 30th June 2003 to...
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...Corporation or The organization that make the chance for the student to gather knowledge about the real corporate life. I perform my internship program at BRAC EPL for three month. Basically I was posted in the Portfolio Management Department (PMD) of BRAC EPL Investment ltd. Here I perform different types of jobs that the organization imposes to me. The supervisor of my University and my instructor of BRAC EPL has chosen the topic of my internship report in a different way and in different perspectives which contain the familiar issue that, what I have done here at the period of my internship period. But in a formal way I have prepare my report in three main parts. Those are…. Merchant Bank in Bangladesh. Company overview as well as the overall process of Portfolio Management department. Product and services of BRAC EPL Investment Ltd. Customer satisfaction on the basis of BRAC EPL investment ltd. Products and services compared to other. While I was working through the selected topics, then I have done the additional analysis of merchant banking industry. On the basis of my industry analysis I have prepared the growth analysis as well the SWOT analysis. Based on the work experience in BRAC EPL Investments Ltd. it was easy to comment that it was the fastest growing...
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