NAME OF THE BANK
|
LOCATION
| Swift Code / BIC | ||
1. AB BANK LTD. | LIBERTY BUILDING, NEW MARINE LINES, 41/42 SIR VITHALDAS THACKERSAY, MUMBAI-400020. | ABBLINBB | ||
2. ABHYUDAYA CO-OPERATIVE BANK LTD. | GURUKRUPA CHS LTD., OPP. PLAZA CINEN CKELKAR ROAD, MUMBAI- 400028. | ACBLINBB | ||
3. ABU DHABI COMMERCIAL BANK | REHMAT MANZIL, VEER NARIMAN ROAD, CHURCHGATE, Mumbai- 400020. | ADCBINBB | ||
4. ALLAHABAD BANK | WHITE HOUSE, GROUNDFLOOR, 119 PARK STREET, Kalkata (CALCUTTA) | ALLAINBB | ||
5. ANDHRA BANK | FARIDABAD, HYDERABAD | ANDBINBB | ||
6. ANZ BANKING GROUP LTD. | CYNERGY, GROUND FLOOR, APPA SAHEB MARATHE MARG PRABHADEVI UNIT A-1, MUMBAI- 400025. | ANZBINBX | ||
7. AXIS BANK LTD. | MAKER TOWER, CUFFE PARADE, MUMBAI.-400005 | AXISINBB | ||
8. BANK INTERNASIONAL INDONESIA | INDIABULLS CENTRE, TOWER 2B, FLOOR 7, ELPHINSTONE ROAD (WEST), 702, MUMBAI.- 400013. | IBBKINBB | ||
9. BANK OF AMERICA, N.A. | J K MILLENNIUM CENTRE, FLOOR 5, BLOCK B, 46 D JAWAHARLAL NEHRU ROAD , KOLKATA (CALCUTTA) | BOFAIN4X | ||
10. BANK OF BAHRAIN AND KUWAIT B.S.C. | JOLLYMAKER CHAMBERS II, GROUND FLOOR, NARIMAN POINT, MUMBAI | BBKUINBB | ||
11. BANK OF BARODA | NANI, KHATRIWAD, BULSAR, GUJARAT -396001. | BARBINBB | ||
12. BANK OF INDIA | STAR HOUSE,C - 5, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051. | BKIDINBB | ||
13. Bank of Maharashtra | 'Lokmangal', 1501, Shivajinagar, Pune-411005. | MAHBINBB | ||
14. THE BANK OF NOVA SCOTIA | MITTAL TOWER, B WING, NARIMAN POINT, MUMBAI- 400 021. | NBNOSCIB | ||
15. THE BANK OF TOKYO-MITSUBISHI UFJ, LTD | CHENNAI, MADRAS | BOTKIN5M | ||
16. BARCLAYS BANK PLC | MUMBAI | BARCINBB | ||
17. BASSEIN CATHOLIC CO-OPERATIVE BANK Ltd | VASAI ROAD (WEST) | BSSEINBB | ||
18. BNP PARIBAS INDIA | MUMBAI | BNPAINBB | ||
19. BOMBAY MERCANTILE COOPERATIVE BANK LTD | MUMBAI | BMCBINBB | ||
20. BOMBAY STOCK EXCHANGE LTD | MUMBAI | XBOMINBB | ||
21. CANARA BANK | 12, Jayachamaraja Wodeyar Rd, Kumbaragundi, Sampangi Rama Nagar, Bengaluru, Karnataka 560002, India | CNRBINBB | ||
22. CENTRAL BANK OF INDIA | Chander Mukhi, Nariman Point, Mumbai, Maharashtra, India. | CBININBB | ||
23. CITI BANK N.A. | Citibank Centre, 9th Floor, Plot No C 54, 55 & 61, Block G, Bandra East, Mumbai - 400051, Bandra Kurla Complex | CITIINBX | ||
24. CITY UNION BANK LTD | CHENNAI (MADRAS) | CIUBIN5M | ||
25. CORPORATION BANK | DELHI | CORPINBB | ||
26. CREDIT AGRICOLE CIB | MUMBAI | CRLYINBB | ||
27. CREDIT SUISSE AG | MUMBAI | CRESINBB | ||
28. CTBC BANK CO. LTD | NEW DELHI | CTCBINDD | ||
29. DCB BANK LIMITED | MUMBAI | DCBLINBB | ||
30. DENA BANK | MUMBAI | BKDNINBB | ||
31. DEUTSCHE BANK AG | MUMBAI | DEUTINBB | ||
32. DHANLAXMI BANK LTD | MUMBAI | DLXBINBB | ||
33. DOHA BANK Q.S.C | MUMBAI | OIBAINBB | ||
34. EXPORT-IMPORT BANK OF INDIA | MUMBAI | EIBIINBB | ||
35. THE FEDERAL BANK LTD. | MUMBAI | FDRLINBB | ||
36. FIRSTRAND BANK LIMITED | MUMBAI | FIRNINBB | ||
37. HDFC BANK LIMITED | MUMBAI | HDFCINBB | ||
38. THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED | MUMBAI | HSBCINBB | ||
39. ICICI BANK LIMITED (ERSTWHILE THE BANK OF RAJASTHAN LTD.) | MUMBAI | BRAJINBB | ||
40. IDBI BANK LIMITED | MUMBAI | IBKLINBB | ||
41. IFCI LIMITED | NEW DELHI | IFCIINDD | ||
42.INDIAN BANK | MUMBAI | IDIBINBB | ||
43. INDIAN OVERSEAS BANK | CHENNAI (MADRAS) | IOBAINBB | ||
44. INDUSIND BANK LIMITED | MUMBAI | INDBINBB | ||
45. INDUSTRIAL AND COMMERCIAL BANK OF CHINA | MUMBAI | ICBKINBB | ||
46. JAMMU AND KASHMIR BANK LTD | MUMBAI | JAKAINBB | ||
47. JPMORGAN CHASE BANK, N.A | MUMBAI | CHASINBX | ||
48. JSC VTB BANK, | NEW DELHI | VTBRINDD | ||
49. KARNATAKA BANK LTD. | MUMBAI | KARBINBB | ||
50. THE KARUR VYSYA BANK LTD. | MUMBAI | KVBLINBB | ||
51. KBC BANK N.V. | MUMBAI | ADIAINBB | ||
52. KEB HANA BANK, | CHENNAI (MADRAS) | KOEXIN55 | ||
53. KOTAK MAHINDRA BANK LIMITED | MUMBAI | KKBKINBB | ||
54. KOTAK MAHINDRA BANK LIMITED (ERSTWHILE ING VYSYA BANK LTD) | MUMBAI | INBBVYSA | ||
55. KRUNG THAI BANK PUBLIC COMPANY LTD. | MUMBAI | KRTHINBB | ||
56.THE.MAHARASHTRA STATE CO-OPERATIVE BANK LTD. | MUMBAI | MSCIINBB | ||
57. MASHREQ BANK | MUMBAI | MSHQINBB | ||
58. MIZUHO BANK, LTD | MUMBAI | MHCBINBB | ||
59.NATIONAL AUSTRALIA BANK LTD | MUMBAI | NATAINBB | ||
60.NATIONAL BANK OF ABU DHABI | MUMBAI | NBADINBB | ||
61. NKGSB CO OP BANK LTD. | MUMBAI | NKGSINBB | ||
62.ORIENTAL BANK OF COMMERCE | MUMBAI | ORBCINBB | ||
63. PUNJAB & MAHARASHTRA COOPERATIVE BANK LIMITED | MUMBAI | PMCBINBB | ||
64. PUNJAB AND SIND BANK | NEW DELHI | PSIBINBB | ||
65. PUNJAB NATIONAL BANK | MUMBAI | PUNBINBB | ||
66. RABO BANK INTERNATIONAL | MUMBAI | RABOINBB | ||
67. RBL BANK LTD. (FORMERLY: THE RATNAKAR BANK LTD.) | MUMBAI | RATNINBB | ||
68. RELIANCE INDUSTRIES LTD. | MUMBAI | REILINBB | ||
69. RESERVE BANK OF INDIA | MUMBAI | RBISINBB | ||
70. SBERBANK | NEW DELHI | SABRINDD | ||
71. SBI CUSTODIAL SERVICES PRIVATE LTD. | MUMBAI | SBSGINBB | ||
72. SBI FUNDS MANAGEMENT PVT LTD | MUMBAI | SBMFINBB | ||
73. SBM BANK (MAURITIUS) LTD. | MUMBAI | STCBINBX | ||
74. SHINHAN BANK | MUMBAI | SHBKINBB | ||
75. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | MUMBAI | SIDBINBB | ||
76. SOCIETE GENERALE | MUMBAI | SOGEINBB | ||
77. SONALI BANK | KOLKATA (CALCUTTA) | BSONINCC | ||
76. THE SOUTH INDIAN BANK LTD. | KOCHI | SOININ55 | ||
77. STANDARD CHARTERED BANK | MUMBAI | SCBLINBB | ||
78. STATE BANK OF BIKANER AND JAIPUR | NEW DELHI | SBBJINBB | ||
79. STATE BANK OF HYDERABAD | MUMBAI | SBHYINBB | ||
80.STATE BANK OF INDIA | MUMBAI | SBININBB | ||
81. STATE BANK OF MYSORE | MAHARASTRA | SBMYINBB | ||
82. STATE BANK OF PATIALA | MUMBAI | STBPINBB | ||
83. STATE BANK OF TRAVANCORE | MUMBAI | SBTRINBB | ||
84. STOCK HOLDING CORPORATION OF INDIA LTD. | MUMBAI | SHCIINBB | ||
85. SUMITOMO MITSUI BANKING CORPORATION | NEW DELHI | SMBCINDD | ||
86. SYNDICATE BANK | MUMBAI | SYNBINBB | ||
87. THE SHAMRAO VITHAL CO-OPERATIVE BANK LIMITED | MUMBAI | SVCBINBB | ||
88. THOMAS COOK LTD. | MUMBAI | TCILINBB | ||
89. TJSB SAHAKARI BANK LTD. | THANE | TJSKINBB | ||
90. UCO BANK | MUMBAI | UCBAINBB | ||
91. UNION BANK OF INDIA | MUMBAI | UBININBB | ||
92. UNITED OVERSEAS BANK LIMITED | MUMBAI | UOVBINBB | ||
93. VIJAYA BANK | NEW DELHI | VIJBINBB | ||
94. WESTPAC BANKING CORPORATION | MUMBAI | WPACINBB | ||
95. WOORI BANK | CHENNAI (MADRAS) | HVBKIN5M | ||
96. YES BANK LIMITED | MUMBAI | YESBINBB |
Saturday, July 30, 2016
Friday, July 29, 2016
Green Banking
Green Banking
Global warming boost is a blazing issue of the time. The fast changes in the atmosphere design cause numerous issues and straightforwardly leave sway on biodiversity, agribusiness, ranger service, water assets, and human health, which need prompt worldwide reaction.
Generally, banks have been seen exclusively as financial institutions, which ought to worry about all things basically money related. Banks actually maintain their business on the premise of security and benefit, which barely touch profound quality. This open point of view, nonetheless, makes banks essential with respect to moral models. This is on the grounds that they have not been connected with the moves 'taken by the business'. This has ended up being distinctive, on the grounds that the customers saw it as 'impedance'. Be that as it may, the situation has been changing steadily and now under adjusted circumstances, the states of mind of banks and customers are additionally evolving.
Green banking is another activity all through the world. The leading bankers and business visionaries have approached to spare man from natural fiascos. With regards to Bangladesh, things being what they are, we will observe the circumstance to be frightful. Our kin have little mindfulness about environment, air and water contamination, mechanical and medicinal, and family unit squanders.
But, it is the commitment of the powers to stop every one of these demonstrations of ecological offense and contamination, and, all things considered, green keeping money battles ought to be taken forward and fortified. Along these lines, we can say green banking is only an 'Eco-accommodating socially mindful keeping money framework' which drives the entire country towards a sound situation and presents a superb and hazard less saving money. Above all else, Americans began swinging to Eco-friendly banking as an approach to bring down the 'carbon impression' in their ordinary managing an account exercises. This development, far from branch and paper managing an account, is being driven by green keeping money that has confidence in social obligation.
Bangladesh is one least developed countries (LDC s) where regular disasters are a typical wonder, which frequently causes enormous misfortunes. Indeed, even environmental change effects are high in our nation, which needs legitimate managing and administration, powerful direction from all quarters, particularly from banks. Green banks include seeking after budgetary and business approaches that are well disposed to environment. The Bangladesh Bank has indicated unmistakable fascination in it, and as such figured rules in this admiration, and urges the booked banks to take measures to make a suitable air through 'green banking philosophy'. Green banking can likewise decrease the requirement for costly branch-key banking and client services.
"Ethical" banks:
A green bank must be morally spurred as a social, elective or feasible bank worried with social and natural effects of its speculations and different matters. Ethical banks are the bigger social development towards social and natural obligation in the financial sector. This movement incorporates moral venture, socially mindful speculation, rendering corporate social obligation. Along these lines it demonstrates its different quality and element other than the banks not complying with the exceptional standards. ethical banks, at times, work with lesser benefit than the customary ones. They don't generally keep running on the premise of their advantage, rather they consider the general feasible development and advancement of a nation.
Highlights/Features:
Generally, conventional banks depend on security and productivity, and in that capacity they are hesitant to widen the extent of their outer moral strategies. At Present the topic has changed in light of worldwide promulgation on green saving money exercises. Particularly the Islamic banks and financial organizations presented and rendered green banking framework and CSR exercises in large. Green banks must maintain moral commitments which require a target approach to decide moral qualities by investigating their obligations towards humanity. Banks ought to change their conduct in accordance with financial circumstances, enhancing ecological conditions in their own field.
Important:
Some essential/ Important components of green banking operations are as per the following:
* Banks can help environment through automation and web based that means online banking.
* Green banking concentrates on social well-being and security through changing the negative effects of the general public
* In financing, it generally offers need to speculations /advances which consider hazard components with respect to ecological conditions.
* It generally watches over reasonable and green development in industrialization and for social purposes.
* It makes an amicable climate inside and outside the bank.
* It considers the customers as its relatives/ family members, and accordingly, manage and regulate the undertakings to diminish contamination and hence actualize investigative strategies in the genuine sense by environmental due diligence (EDD) checklist /agenda.
* It lessens expense and energy in this way sparing cash and expanding GDP of a country.
* It changes the intellectual capacities of the authorities and clients, in accordance with green sensibilities.
* It helps establishments, men and the country as a rule live with nobility.
Method of reasoning:
Green banking is another idea that gets from the familiarity with savvy people, researchers, investors and business people, who pondered the fate of humankind in regards to maintainable development, sparing the countries from difficult, unsound environment, normal catastrophes and calamities. Humanity is the best making of this world, which needs to get by with nobility. Yet, in the event that the general public is antagonistic, solidarity gets disturbed, the earth is against the sound survival then man needs to face instability, illnesses and different diseases. We, the cognizant individuals, need to spare humanity and environment for the advancement of our countries. In this manner, we might want to propose a few methods of reasoning for green banking:
* Green banks must have manageability appraisal apparatuses, which screen speculation applications.
* The bank will learn clients' emotions about where and how their cash is contributed for profit.
* This is really a mission-arranged methodology towards saving money investors to be guaranteed that each store is utilized to bolster a feasible eco-friendly project.
* They are to receive ecological strategies that have "greened" up the bank from the IT division to waste redirection techniques.
* The bank will guarantee counteractive action of carbon impression, ecological contamination and worldwide afflictions inside its purview.
* Banks may assume a urgent part by decreasing and restricting credit hazard against dishonest exercises by uncontrollable industrialist of the nation.
* By making an amiable air/ congenial atmosphere, it helps acknowledgment of the international area in the socio-economic one.
* It greens ranch and lessens contamination all through the nation.
* Due to IT support in all regards, it essentially diminishes mass social occasion, vitality and cost-related afflictions.
* Since unprecedented expense is decreased, it offers less cost asset to its clients, the impacts of which incorporate minimum pay producing profile.
* It expands the believability of the workers and along these lines enhances the natural circumstance with more trusts and desires.
* It improves efficiency inside the workplace and contributed ventures because of check and adjust.
* Owing to its exercises, numerous individuals may appreciate better life because of eco-accommodating gear and environment.
* It makes mass mindfulness with respect to medicinal services, environment and contamination.
* All the gatherings like clients, workers and partners are included in these operations with sincerity.
* It helps the general population to be watchful and alarm about cost awareness, natural matters and all other life-related issues with sharing and minding.
* Implementation of this procedure may help a foundation for better CAMELS rating.
Scopes:
* All the branches of the banks may set up a rundown of their merchandise, furniture installation and so forth to organize or keep the critical products and reject the pointless products/things and hence tidy up the branch with better set-up and get-up.
* Power, gas and water use and all other everyday exercises should be mindfully done.
* Banks may present a wide range of IT-based online administrations to its clients to lessen dangers and colossal surge inside their premises.
* Banks may offer higher rates of benefit to the investors in the event that they pick to direct their keeping money exercises just through online administrations.
* Green banks consider environment, particularly atmosphere changes, characteristic catastrophes and contamination. Thus numerous degrees to build up Eco-accommodating businesses and master environment tasks are made.
* All the modern units under their summon ought to be encouraged to finish BMRE if required, and foundation/establishment of Effluent Treatment Plants (ETPs) at their mechanical units.
* Implementation of the sunlight based vitality project is an unquestionable requirement. It will help the banks in the undertakings of jolt of schools, houses, healing centers and different spots.
* Banks may help the associations managing environment in building up extraordinary ventures or opposing the counter environment components and rationing the assets.
Bangladesh has colossal potential for creating bio-mass power.
* Biomass assets are accessible in our nation from items like rice husk, crop deposit, wood, jute-stick, bovine compost and so forth, which may help in the generation of tremendous volumes of characteristic power
* Bio-gas tasks might be set up. They are fundamentally taking into account creature and city squanders.
* There are still numerous degrees for setting up small scale/full scale level hydro ventures in Chittagong and Chittagong Hill Tracts. The limit of the Kaptai hydro undertaking can be upgraded.
* Banking prevailing voices in Bangladesh may force limitations on foundation of any industry or tasks without setting up the green keeping money technique.
* Banks may encourage jute and jute product projects, cottage industries and small industries.
* They may help ensure better sanitation, beatification, drinking water, smooth water supply projects.
* Green plantation may be introduced. Banks may initiate plantation programs throughout the country.
* The real GDP growth could be increased if the green banking project is implemented properly.
Saturday, July 23, 2016
Salient feature of Agricultural Bank on going Micro-Credit Programs under poverty alleviation.
Credit program for the landless and Marginal farmers :
This program has been propelled with agriculture banks own asset in 1992-93 money related year through its all branches. Landless and peasants get transient credit under this system. Persons/Workers having not more than 1.50 sections of land of cultivable area and yearly salary of most noteworthy Tk 25000/ - are qualified for getting credit under this project. After development of gatherings and getting preparing the gathering individuals get credit with no guarantee security. Be that as it may, they need to hypothecate the merchandise and resources made by the credit. In lieu of insurance they need to assume liability as underwriter for the recuperation of credit inside the gathering. The present Financing cost is 10%. 52 level with week by week portions are altered and the recuperation will be occurred in like manner. Around 474181 beneficiaries have been furnished with Tk. 4698.40 million since its commencement (upto 30 September,2008).
Beef fattering Joint Program:
This is an agricultural banks own financed program. Bank propelled this system in 1994. The fundamental goal of this system is to top off the lack of creature protein in the nation and additionally formation of independent work for poor and unemployed individuals living in the towns. Under this program a man can get a credit producing upto Tk.25000/ - for 5 calves against certification of a bank official/neighborhood tip top. The rate of interest is 10%. The advance is to be reimbursed with enthusiasm for one portion inside one year. Around 89025 recipients have been furnished with Tk.1481.30 million since its beginning (up to 30 September,2008).
Swanirvar Credit Program:
Agricultural Bank has been executing swanirvar credit program without insurance security since 1979. Occupation creation for the landless and minimal peasants, expanding their way of life, making of social and moral qualities, destruction of lack of education, giving production of wellbeing and family arranging administrations and so on are the destinations of this program .The recipients under the project are landless, country poor and down and out having most extreme 0.40 sections of land of cultivable area and greatest yearly wage is Tk.20,000/ - . 212 branches of 31 areas (districts) are included in this project. The recipients need to frame assembles (each Comprising 5 individuals) and a middle (comprising 5 bunches). Agricultural bank and Swanirvar Bangladesh is working this program together. The credit is sans security however Gathering ensure for each other is required. Greatest advance sum is TK.15,000/ - per recipient. It is Fleeting credit(to be recouped in 52 square with week by week portions inside one year). Dispensing of advances to the recipients is made properly prescribed by Swanirvar staffs. Swanirvar Bangladesh is in charge of gathering arrangement ,offering preparing to the recipients and recuperation of credit. Rate of Interest is 16%. (6% Administration charge for Swarnivar, 10% Enthusiasm for agricultural bank). Around 274115 recipients have been given Tk.1577.80 million since its initiation (upto 30 September,2008).
Small Farmers & landless Laborers Development Project (SFDP):
This anticipate is being executed together by Troubadour and agricultural bank from 1995 through 21 branches under 6 Areas (regions) of agricultural Bank. The targets of the venture are to expand generation, livelihood creation and expansion salary of the little landless ranchers and workers through arrangement of little gatherings, era of own capital and procurement for capital backing for undertaking different wage producing exercises. Under this anticipate Tk. 19.80 million has been dispensed to 2710 recipients by and large every year and recouped Tk. 15.80 million every year. Total recuperation rate is 97%. The recipients under this project are little agriculturists having most extreme 0.50 sections of land of cultivable area and landless workers having 0.51-1.50 sections of land of cultivable area. Determination of target family, assemble arrangement, supervision of gathering exercises, supervision of credit usage and a wide range of field works are finished by BARD. Opening of gathering record, endorsing and payment of advance and keeping up investment account and so on are finished by agricultural bank. Bank gives credit from its own source after development 5-10 individuals bunch. The advance is without insurance, yet resources and products got from credit are hypothecated. Lien of gathering funds and gathering weight supplant the guarantee. Advance is dispensed for any perceived things which is acknowledged by bank and distinguished by individuals from gathering. Financing cost is 15% of which 10% for agricultural bank, 5% for BARD. Administrator or secretary of the gathering recuperates the advance. Advance is recouped in week by week/fortnightly/regularly scheduled payments inside most extreme year and a half. Around 28266 recipients have been furnished with Tk.215.20 million since its origin (upto 30 September,2008). This project ended on 30 th June,2006.
South Asia Poverty Alleviation Program:
This project was dispatched on the premise of Dhaka meeting of SAARC nations in 1993. This is a joint endeavor program with UNDP. Yet, it is banks own financed program. UNDP composes the recipients, trains them and suggests the advance. The obligation of acknowledge acknowledgment lies for the chiefs of town associations. This is a territory based credit program. Just Kishorganj ( a region) sadar upazilla is the summon range of this system. The greatest credit breaking point is Tk. 25000/ - per recipient. 25 recipients shape a gathering. Rate of interest is 15% (BKB 10% and the director of town association 5%).The credit is sans guarantee and is recouped in week after week portions inside one year. Around 53723 recipients have been given Tk.445.70 million since its commencement (upto 30 September, 2008)
United Nations Capital Development Fund(UNCDF):
This system began in 1983 with the goal of financing country and house commercial enterprises. Presently it is running on rotating reserve. This is a joint endeavor program with agricultural bank, BSCIC and UNCDF. UNCDF gives 33% of asset while BKB gives 66%. BSCIC chooses borrower and gives augmentation administrations. The project covers 29 areas. Agricultural bank gives credit from joint reserve and looks after record. Rate of interest is 10% - 14%. This is a security free credit. Crude materials, completed merchandise and capital resource made out of acknowledge are kept as hypothecation against credit gave to the recipients. Around 24837 recipients have been given Tk.136.70 million since its commencement (upto 30 September,2008).
Rural Women Employment Creation Project ADB Loan No 1067 BAN(SF):
This is a joint venture began in 1993 for exploring different avenues regarding the possibility of co-interest of government Organizations (GOs) and Non-Government Organizations (NGOs) going for vocation creation for poor ladies in the country ranges. Branch of ladies Affairs (DWA), 19 NGO`s in 12 thanas (upazilla) and agricultural bank together actualizing the undertaking. NGOs sorts out people into gatherings, train them under the supervision of DWA and suggests for credit supported by ADB. This is additionally an insurance free credit. Loan cost is 12%. Around 67402 recipients have been given Tk.154.70 million since its beginning (upto 30 September 2008). This system ended on 30th June,2007.
Agricultural Bank - NGO Micro Credit Program:
This system is a replication of Rural Women Employment Creation Project (RWECP). NGOs sorts out people into gatherings, gives them preparing and prescribes to credit . Agricultural bank gives credit from its own asset. This is likewise a guarantee free credit. Loan cost is 12.5% . Around 16636 recipients have been given Tk. 136.00 million since its commencement (upto 30 September 2008).
Credit Under National Poverty Alleviation Program through Goat Rearing:
This system have been acquainted in 2002 pointing with kill neediness through goat raising. Directorate of animals furnishes with expansion administration while agricultural bank gives credit from its own asset for a time of 4 years term. This is an insurance free credit gave from all branches of agricultural bank. Financing cost is 10% . Around 24354 recipients have been given Tk. 236.50 million since its initiation (upto 30 September 2008).
Milching Cow Credit Program for the Women:
The project dispatched in the year 1997. The fundamental destinations of the system were legitimate use of the unemployed ladies expanding milk creation and aiding the up-lift of the state of the ladies society. Under this project one town of a branch territory is chosen. One ladies from every group of the chose town is qualified to get this credit office. A candidate gets most extreme Tk. 10,000/ - to buy a calf. Financing cost is 8%. The credit is acknowledged inside one year in week by week portions. This is an insurance free directed credit. An officer or field laborer of the branch is occupied with regulating the credit under the immediate control of the branch supervisor. Domesticated animals officers help the recipients in treatment and raising the dairy animals. Around 612 recipients have been given Tk. 8.20 million since its beginning (upto 30 September 2008).
Extraordinary Micro Credit Program for the Disabled:
This project have been acquainted in 2002 pointing with salary era and improvement of financial condition through business creation for the crippled persons. Branch of Social Welfare and Disabled Foundation gives expansion administrations. This is a security free credit gave from all branches of the bank. Loan fee is 10%. Around 530 recipients have been furnished with Tk. 5.60 million since its initiation (upto 30 September 2008).
Monipuri Small Traders Credit Program:
This project have been acquainted in 2003 pointing with give working funding to handloom industry worked by the Monipuri ladies living in the more prominent Sylhet territories. Bank authorities sorts out the Monipuri ladies having handloom and preparing/training/knowledge of operation. Qualified ladies are composed into 5 part gathers. This is additionally a security free credit gave from the agricultural bank`s own asset. Loan cost is 10% . Around 684 recipients have been furnished with Tk.21.50 million since its initiation (upto 30 September 2008).
Exceptional Credit Program for the Rakhains under the region of Cox`s Bazar:
This system has been propelled in 2003 meaning to give working capital credit to delivering handloom and house Industrial items and advertising. The advance is dispensed to the Rakhain people group living in the area of Cox`s Bazar. Agricultural Bank authorities arranges Rakhains into 5 part bunches. This is an insurance free credit program from banks own asset. Financing cost is 10% . Around 469 recipients have been furnished with Tk. 15.10 million since its origin (upto 30 September 2008).
Tree Plantation Programs: In 2002 and 2003 BKB has dispatched 8 Tree Plantation Programs-viz:
A wide range of tree nursery including home grown, Agriculture Development, Foods grown from the ground tree manor, Bamboo creation, Home grown planting, Coconut planting, Patipata (a plant utilized as a part of making mat) creation, Stick creation.
These projects have been presented in all branches of the bank to develop increasingly trees expecting to destruction of neediness, appropriate utilization of fallen area, increment of tree generation encouraging home grown treatment and improvement of environment. Credit under these projects is without guarantee upto Tk. 25,000/ - . Loan cost is 8%. Around 20043 recipients have been furnished with Tk 203.50 million since its beginning (upto 30 September 2008).
Foundation of Breeding Farm of Black Bengal Goat Program:
This system has been taken to guarantee supply of children of Black Bengal Goats so as to backing the national project of destitution easing through goat raising. Under this program a ranch containing 50 she goats is considered as a little homestead and a ranch involving 51-200 she goats is considered as a major ranch. The credit is medium term. Credit farthest point is Tk. 30,000/ - for a little farm comprising of 10 she goats ( with a he-goat). This credit farthest point is ascertained for making up goat-shed, obtaining of she-goats and he-goat and introductory food cost. This farthest point is proportionate for a little ranch having upto 50 number of she-goats. For a medium homestead credit limit is to be computed deducting the expense of goat shed. This expense is borne by the business visionary. Around 304 recipients have been furnished with Tk 14.60 million since its origin (upto 30 September 2008).
Group Based Resource Management Project:
This anticipate began in 2003-04 financial year. It is a joint endeavor venture of agricultural bank, IFAD and Dept. of LGED of GOB. The venture is to be actualized in the greater part of the 10 upazillas of Sunamgonj (an area) at 3 stages inside 11 years. The task has five segments, for example, (1) Infra - structure Development, (ii) Development of Fisheries, (iii) Crop and animals Development, (iv) Grass Roots Institutional Development and (v) Small Credit agricultural Bank manages ``small credit`` segment of the venture. LGED composes the objective individuals into 30 part amasses. Bank Provides short and medium term credit. Greatest advance breaking point is Tk. 14,000/ - to every part as transient and Tk. 27,000/ - to every part as Medium term. The credit under this anticipate is sans insurance. Rate of interest is 15%. 1508 credit association (every credit association comprises of most extreme 30 recipients) have been furnished with Tk 190.35 million since its commencement (upto 30 September 2008).
Neediness Alleviation through Production and Improvement of Sheep:
This is a legislature coordinated project which has been propelled in the last part of the monetary year 2004-05. Fundamentally this is to be executed all through the chose 22 upazillas under chose 11 areas of agricultural banks purview. Directorate of animals furnishes with broad administrations while agricultural bank gives credit from its own asset. Under this project credit sum upto taka 50,000/ - is without security. Loan cost is 8%. This credit is to be reimbursed inside four years in 6 rise to portions including one year elegance period. Around 360 recipients have been furnished with Tk 3.80 million since its origin (upto 30 September 2008).
Poverty alleviation and Micro-credit Programs/Projects of agricultural bank.
Poverty alleviation and Micro-credit Programs/Projects of agricultural bank.
Agricultural Bank in Bangladesh was set up with the goal of reinforcing rustic economy by stretching out credit backing to rural and agro-based divisions. In light of the significance of Micro-Credit and with the goal of creating work and in addition empowering social improvement agricultural bank has embraced a few Micro-Credit programs of its own furthermore in a joint effort with neighborhood and outside organizations. The programs have been intended to cover all sections of poor populace whether gifted or untalented, for example, little and peripheral ranchers, landless workers, dejected ladies, debilitated, unemployed youth and rustic artisans and so forth. Around 1417047 recipients have been given Tk. 14469.90 million since its origin (upto 30 September,2008).
Considering the requirements of the objective gatherings since late seventy agricultural bank has been executing a progression of Micro-Credit programs out of which 10 programs have as of late been finished and 31 projects are in operation at present. These broadened miniaturized scale credit projects are being executed by agricultural bank to accomplish the accompanying targets:
To make livelihood opportunities through wage producing exercises.
To engage the country ladies to set up their own rights.
To enhance the expectation for everyday comforts of the country individuals.
To ease neediness of the needy individuals.
To make simple access to institutional credit offices and assets.
To activate provincial reserve funds.
To make ideal use of provincial assets.
To connect with latent HR of the country territories in gainful/monetary exercises.
To connect with provincial individuals being developed procedure of the nation.
To take out abuse done by the cash loan specialists
Wednesday, July 13, 2016
Risks facing by the Financial Institutions . Part-4
Explain spread & burden with example.
Spread:
An
interest rate spread is loaning rate short store rate, %. Premium rate
spread is the premium rate charged by banks on advances to private
division clients short the premium rate paid by business or comparative
banks for interest, time, or investment funds stores. The terms and
conditions connected to these rates contrast by nation, then again,
constraining their equivalence.
Burden:
Burden
Rate is is circuitous expenses connected with workers, well beyond
net remuneration or finance costs. Common expenses connected with the
weight rate incorporate finance assessments, specialist's pay and well
being protection, paid time off, preparing and travel costs, excursion
and wiped out leave, annuity commitments and different advantages.
Burden=(Non-interest operating Expenditure - Non-interest operating income) / Average Total Assets.
A bank with a low burden ratio is more better off. An increasing trend would show lack of burden bearing capacity.
Explain liability structure financial institutions.
Liability Structure refers to deposit sources of funds that comprise to-
* Core deposits of regular bank customers
* Purchased deposits are acquired on a non-personal basis
* Demand deposits, small time and savings deposits, large time deposits
* Liability management is based on purchased funds.
The components of liability structure are-
1. Amounts owed to central banks
2. Amounts owed to credit institutions
3. Amounts owed to customers
4. Debts evidenced by certificates
5. Liabilities (other than deposits) held for trading
5. Liabilities (other than deposits) held for trading
6. Provisions
7. Subordinated liabilities
8. Other liabilities
9. Capital and reserves.
Explain re-pricing model with example.
The Re-pricing Model called re-pricing GAP model-
1. Income oriented model:
Target variable = Net Interest Income = Interest Revenues – Interest Expenses
2.
Interest Rate Gap difference between assets and liabilities
sensitive to interest rates changes in a predefined time
period
3.
An asset or a liability is “sensitive” if, in the relevant
time period (“gapping period”), it reaches its maturity or
there is a renegotiation of the interest rate G=SA-SL.
Discuss the important aspects that should be considered by a banker while financing an industrial project.
1. Stakeholders
2. Project goals
3. Resources (people, budget etc).
4. Deadline (schedule)
4. Deadline (schedule)
5. Milestones
6. Project scope
7. Known constraints
8. Risk management.
What are the processes for measuring and evaluating the performance of a financial institution?
A. Determining Long-Range Objectives
B. Maximizing The Value of the Firm: A Key Objective for Nearly All Financial-Services Institutions
C. Profitability Ratios:
A
Surrogate for Stock Values (Many small banks do not have an
active stock market and product or geographic subsets of a
bank do not have stock prices.)
1. Key Profitability Ratios (ROE, ROA, NIM, NIMPLL, EPS, Efficiency Ratio, Fee Income Ratio)
2. Interpreting Profitability Ratios
Measuring
Risk in Banaking and Financial Services (pp. 181-188). We will
not cover these now but will cover them in detail in the
appropriate places during the semester. (Credit Risk, Liquidity
Risk, Market Risk, Interest-Rate Risk, Foreign Exchange &
Sovereign Risk, Off-Balance Sheet Risk, Operational (Transactional)
Risk, Legal & Compliance Risk, Reputation Risk, Strategic Risk,
and Capital Risk) Key Performance Indicators among Banking’s Key
Competitors (NOTE: when an income statement item for a period
is combined with a balance sheet item for a specific time the
average of the balance sheet item for the income statement period
should be used.)
Inter Branch Reconciliation is a noteworthy action for Banks and financial organizations hoping to make an adjusted company appointment between their different branches and their activities. TechMech offers entomb branch compromise administrations whereby our prepared experts cover each exchange, trade of services and other collaborations between diverse branches of a bank or backups of an organization. Our specialists guarantee a sharp tender loving care, covering each connection inside and out, so as not to pass up a great opportunity for any innate blemishes or inconsistency. Bury branch reconciliation can help the association find any lapses or carelessness in exchanges and roll out due improvements. Our specialists, with their point by point budgetary information, can help to discover lapses as well as likewise encourage in evacuating or minimizing them. We are trained to handle expansive volumes of budgetary information and have worked with organizations of all scales.
Risks facing by the Financial Institutions . Part-1
Risks facing by the Financial Institutions . Part-2
Risks facing by the Financial Institutions . Part-3
Risks facing by the Financial Institutions . Part-4
Inter Branch Reconciliation
Inter Branch Reconciliation is a noteworthy action for Banks and financial organizations hoping to make an adjusted company appointment between their different branches and their activities. TechMech offers entomb branch compromise administrations whereby our prepared experts cover each exchange, trade of services and other collaborations between diverse branches of a bank or backups of an organization. Our specialists guarantee a sharp tender loving care, covering each connection inside and out, so as not to pass up a great opportunity for any innate blemishes or inconsistency. Bury branch reconciliation can help the association find any lapses or carelessness in exchanges and roll out due improvements. Our specialists, with their point by point budgetary information, can help to discover lapses as well as likewise encourage in evacuating or minimizing them. We are trained to handle expansive volumes of budgetary information and have worked with organizations of all scales.
Risks facing by the Financial Institutions . Part-1
Risks facing by the Financial Institutions . Part-2
Risks facing by the Financial Institutions . Part-3
Risks facing by the Financial Institutions . Part-4
Risks facing by the Financial Institutions . Part-3
What do you mean by Loan Securitization ? Explain its impact on banks Securitizationis the practice of creating and selling interests in the returns from a large pool of liquid assets (assets that cannot easily be transferred).
Securitizing assets with low liquidity, such as loans, allows the owner to sell the assets more easily.
The impacts of securitization are as follows:
1. Creates of markets in financial claims by creating tradable securities.
2.
Spread of holding of financial assets as the security is
designed in minimum size marketable lots as necessary.
3. Promotion of savings-
securitization
makes it possible for the simple investors to invest in
direct financial claims at attractive rates
4. Reduces costs-
The intermediation costs, since the specialized-intermediary costs are service-related, and comparatively lower.
5. Risk diversification-
Securitization
spreads diversified risk to a wide base of investors, with
the result that the risk inherent in financial transactions is
diffused.
6.
Focuses on use of resources, and not their ownership as a
custodian for the several investors who thereafter acquire such
claim.
Importance of Loan Securitization.
The
issuers use securitization to fund their business exercises. The
money related resources that bolster installments on resource upheld
securities incorporate private and business home loan advances, and in
addition a wide assortment of non home loan resources. Securitized
resources may be connected to any benefit that has a sensibly
ascertainable quality, or that creates a sensibly unsurprising future
stream of income. Securitization prompts organized account, as the
subsequent security is not a non specific danger in substance that
securitizes its advantages, yet in particular resources or money streams
of such element.
The thought of securitization is to make a capital business sector item that is, it comes about into making of a security which is an attractive item. Thusly, there is expansive extension for advancement here. Capital markets are today a spot where we can exchange, claims over elements, claims over resources, dangers, and prizes. Give us a chance to consider certain sorts of securitization.
The thought of securitization is to make a capital business sector item that is, it comes about into making of a security which is an attractive item. Thusly, there is expansive extension for advancement here. Capital markets are today a spot where we can exchange, claims over elements, claims over resources, dangers, and prizes. Give us a chance to consider certain sorts of securitization.
What is minimum capital and liquidity requirement for a non-bank financial institution?
Minimum capital requirement for NBFIs:
As per department of financial institutions and markets of Bangladesh bank circulate that the NBFIs to raise the paid-up capital by June 30, 2012 from the amount 50 crore to the amount 100 crore and they would not be allowed to offer cash dividends until they fulfilled the newly-set paid-up capital requirement as a part of implementation of BASEL II. The foreign financial institutions operating in Bangladesh will also have to fulfill the same paid-up capital requirement. [For Banks, as a part of implementation of Basel-II accord, banks are required to maintain minimum capital to risk-weighted assets ratio at 10% of which core capital will not be less than 5% effective from December 31, 2007. However, minimum capital requirements as required under Article 13 of Banking Companies Act, 1991 for all banks has been raised to Tk.400 crore of which the paid up capital shall be minimum Tk.200 crore. Banks having capital shortfall will have to meet the shortfall by august 11, 2011.]
Minimum liquidity requirement for NBFIs:
Required reserved 6%, raised from 5.50. Effective from 15 December 2010.
As per department of financial institutions and markets of Bangladesh bank circulate that the NBFIs to raise the paid-up capital by June 30, 2012 from the amount 50 crore to the amount 100 crore and they would not be allowed to offer cash dividends until they fulfilled the newly-set paid-up capital requirement as a part of implementation of BASEL II. The foreign financial institutions operating in Bangladesh will also have to fulfill the same paid-up capital requirement. [For Banks, as a part of implementation of Basel-II accord, banks are required to maintain minimum capital to risk-weighted assets ratio at 10% of which core capital will not be less than 5% effective from December 31, 2007. However, minimum capital requirements as required under Article 13 of Banking Companies Act, 1991 for all banks has been raised to Tk.400 crore of which the paid up capital shall be minimum Tk.200 crore. Banks having capital shortfall will have to meet the shortfall by august 11, 2011.]
Minimum liquidity requirement for NBFIs:
Required reserved 6%, raised from 5.50. Effective from 15 December 2010.
a) Securities
b) Equity instrument
b) Equity instrument
c) All other preference shares
d) Subordinated debt.
3. Tier-3 Additional Supplementary Capital:
Short-term subordinated debt that original maturity 2 to 5 years.
Short-term subordinated debt that original maturity 2 to 5 years.
4. Foreign banks operating:
a) Tier-1 consists
- Funds from head office
- Remitable profit retained
- Other items approved by central bank.
- Funds from head office
- Remitable profit retained
- Other items approved by central bank.
b) Tier-2 consists
- General provision Borrowing from head office in foreign currency
- Revaluation of securities
- Other items approved by central bank.
5.Conditions pf maintaining capital:
- General provision Borrowing from head office in foreign currency
- Revaluation of securities
- Other items approved by central bank.
5.Conditions pf maintaining capital:
a) Tier-2 will be limited to 100% of amount of Tier-1
b) 50% of revaluation reserves for fixed assets & securities eligible for Tier-2
c) 10% of revaluation reserves for equity instruments eligible for Tier-2
d) Subordinated debt should limited up to 30% of the amount of Tier-1
e) Limitation of Tier 3: 28.5% market risk needs to support by Tier-1.
Market Risk support from Tier-3 should up to 250% of Tier-1
Market Risk support from Tier-3 should up to 250% of Tier-1
Financial
institute is required to maintain a Cash Reserve Ratio (CRR)
of 2.50% on its customer deposits. The CRR is maintained with
the non-interest bearing current account with the Bangladesh
Bank. In addition, every financial institute is required to
maintain a Statutory Liquidity reserve (SLR) of 5% (including
CRR) on all its liabilities [For Banks, the present statutory
liquidity reserve (SLR) requirement is 20% of total demand and
time liabilities, 4% of which is to be maintained as cash
reserve ratio (CRR), and the rest 16% as approved securities.
The SLR requirement for Islamic banks is 10% and they are to
keep 4% of this reserve as CRR and the rest 6% in approved
securities.]
What are the differences between market value and book value of capital Sl (sell loan).
Book Value vs Market Value
1.
Book value is the price paid for a particular asset.
Book value is the price paid for a particular asset.
&
Market value is the current price at which you can sell an asset.
2.
This price never changes.
This price never changes.
&
The price may be changed.
3.
Useful to help track profits and losses.
Useful to help track profits and losses.
&
It indicates the profit or loss incurred.
4.
The need for book value also arises when it comes to generally accepted accounting principles.
The need for book value also arises when it comes to generally accepted accounting principles.
&
It is not raises from generally accepted accounting principles.
5.
Sometimes creates problems for assets price being fixed.
Sometimes creates problems for assets price being fixed.
&
It generates the appropriate price.
Why banks and other financial institutions sell loan?
The banks and FIs sell loan due to profits and reduce the some capital expenditures are mentioned below:
1. Reserve Requirement:
Regulatory
authority forces non-enthusiasm bearing necessities, are a type of
expense that adds to the expense of financing the credit portfolio.
Administrative assessments, for example, save necessities make a
motivator for banks to expel credits from the asset report by advance
offering.
2. Fee Income:
Banks
and financial institutions often report any income earned from
selling loans. Therefore, beginning and rapidly offering credits can
help banks and money related establishments reported wage under current
bookkeeping guidelines.
3. Capital Costs:
The
reserve requirements imposed as a weight the length of obliged
capital surpasses the sum that they battle to meet sufficient capital
necessities holding more obligation capital as opposed to value
capital.
4. Liquidity Risk:
The
liquidity is a major problem because of liabilities has a
tendency to be exceedingly fluid. To determine it, some of its credits
deals to outside financial specialists and essentially decreased the
liquidity as resources on the accounting report.
What are the sources of revenue and areas of expenses for a bank & insurance company?
Sources of revenue of a Bank:
1. Interest Earned:
- Discount bills.
- Income on investments.
- Balances with other banks & FIs.
2. Other Income :
- Commission, exchange, brokerage.
- Sale of investments.
- Revaluation of investments.
-Sale of land building & other assets. - Exchange transactions.
Areas of expenses of a bank:
1. Interest Expense :
- Interest on deposits.
- Interest on borrowings to other banks & FIs - Others.
2. Operating Expenses:
- Provisions .
- Rent, taxes.
- Printing, stationery, advertising, publicity.
- Depreciation.
- Fees of auditors & advocacy.
- Utility bill.
- Repairs and maintenance.
- Insurance.
Sources of revenue of a Insurance Company:
- Premiums paid by Policy owners.
- Income from investments .
Areas of expenses of a Insurance Company:
- Commissions paid to agents.
- Expenses to investigate, litigate, settle claims.
- Advertising.
- Computerized racing and policy issuance systems.
- Postage and telephone charges.
- Travel expenses.
- Salaries.
Define different capital requirement.
Capital requirement is categorized in three tiers:
1. Tier-1
capital called ‘Core Capital’ comprises of highest quality of capital elements:
a) Paid up capital
b) Non-repayable share premium account
c) Statutory reserve
d) General reserve
e) Retained earnings
f) Minority interest in subsidiaries g) Non-cumulative irredeemable preference shares.
h) Dividend equalization account
2. Tier-2
capital
called ‘Supplementary Capital’ represents other elements, which
fall short of some of the characteristics of the core capital
but contribute to the overall strength of a bank:
a) General provision
b) Revaluation reserves - - Fixed assets Securities Equity instrument
c) All other preference shares
d) Subordinated debt.
3. Tier-3
capital
called ‘Additional Supplementary Capital’, consists of short-term
subordinated debt (original maturity 2 to 5 years) would be
solely for the purpose of meeting a proportion of the capital
requirements for market risk.
Point out the major guidelines regarding management of capital according to Basel-II.
The major guidelines regarding capital management are as pointed below:
1. Tier-1
Core Capital:
a) Paid up capital
b) Non-repayable share premium account
c) Statutory reserve
d) General reserve
e) Retained earnings
f) Minority interest in subsidiaries g) Non-cumulative irredeemable preference shares
h) Dividend equalization account
2. Tier-2
Supplementary Capital:
a) General provision
b) Revaluation reserves
- Fixed assets
- Securities
- Equity instrument.
c) All other preference shares
d) Subordinated debt.
3. Tier-3
Additional Supplementary Capital: Short-term subordinated debt that original maturity 2 to 5 years.
4. Foreign banks operating:
a) Tier-1 consists
- Funds from head office .
- Remittable profit retained Other items approved by BB
b) Tier-2 consists
-
General provision Borrowing from head office in foreign
currency Revaluation of securities Other items approved by BB.
5. Conditions pf maintaining capital:
a) Tier-2 will be limited to 100% of amount of Tier-1
b) 50% of revaluation reserves for fixed assets & securities eligible for Tier-2
c) 10% of revaluation reserves for equity instruments eligible for Tier-2
d) Subordinated debt should limited up to 30% of the amount of Tier-1
e) Limitation of Tier 3:
28.5% market risk needs to support by Tier-1. Market Risk support from Tier-3 should up to 250% of Tier-1 .