Banking Functions

1. Course: Bank Management
Course Code: FIN 314
Faculty: MOHAMMAD AZHAR HOSSAIN (ZAS)
Presented by: S.M. Adnan Doza
ID: 2020110000003
FUNCTIONS OF
COMMERCIAL BANK

2. • Company Profile
• Pay-off line/Slogan
• Businesses of Bank Asia Ltd.
• Mission, Vision & Core Values
• Functions of Commercial Banks
• Primary Functions
• Secondary Functions
I will talk about:

3. Company Profile:
• Establishment: November 27, 1999
• Bangladesh Head Office: Rangs Tower (2nd to 6th Floor)
68,Purana Paltan Dhaka-1000.
• Went Public: 2003
• Islamic banking operation: 2008
• Current Branches: 102
• Agent Banking: 2014
• Exchange Houses: 45 exchange House in 9 countries as
foreign remittance channeling partner.
• Corporate Website: http://www.bankasia-bd.com

4. Businesses of Bank Asia Limited:
• Retail Banking
• Corporate Banking
• Islamic Banking
• Capital Market
Pay-off line/Slogan:
• For a Better Tomorrow

5. Mission, Vision & Core Values
Mission
• Bring high quality service to the
customers.
• Participate in the growth and
expansion of nations economy.
• Offering clients with
innovative, technology-driven
services.
Vision
• To have a poverty free
Bangladesh.
• Create a society that prioritizes
the protection of human rights
and dignity.
CORE VALUES
• Maintain high ethical
standard and transparency in
dealings.
• Committed to protect the
environment and go green.

6. FUNCTIONS
OF
COMMERCIAL
BANKS
Primary Functions
Acceptance of
Deposits
Advancing Loans
Overdraft Cash Credit
Discounting Trade
Bills
Money at Call
Term Loans Consumer Credit Miscellaneous
Creation of Credit
Clearing of
Cheques
Financing of
Foreign Trade
Remittance of
Funds
Secondary
Functions
Agency Services
General Utility
Services

7. Primary Functions:
• Savings Account
• Current Account
• Fixed Deposit
• Shanchay Plus
• Deposit Pension Scheme
• Monthly Benefit Plus
• Double Benefit Plus
• Triple Benefit Plus
• ACHOL: A specially designed scheme deposit products for woman
• Duronto Account: For 0-18 years.
• VROMON: It is a short term recurring deposit account for travelers.
• NIRVABNA: Specially designed for the senior citizen
Acceptance of Deposits:

8. Advancing Loans:
• Home Loan
• Auto Loan
• Unsecured Personal Loan
• Loan for Professionals
• Senior Citizen Support
• Utshob: Festival/Seasonal Loan
• Somvabona: Term loan for new entrepreneur
Creation of Credit:
• Credit any account of any bank through Bangladesh
Electronic Fund Transfer Network (BEFTN) of
Bangladesh Bank.

9. Financing Internal and Foreign Trade:
• International Credit Card
• LC Advising, Transfer and Confirmation facility
• Cash Incentive Services
Remittance of Funds:
• Foreign Remittance Management

10. Secondary Functions:
Agency Services:
General Utility Services:
• Collection and Payment of Credit Instruments
• Purchase and Sale of Securities
• Execution of Standing Orders
• Locker Facility: Ashulia, Bashundhara,
Dhanmondi, Elephant Road etc.
• Traveler's Cheques and Credit Cards
• Accepting Bills of Exchange on Behalf of
Customers

11. Question?