Preview

Exim Bank

Satisfactory Essays
Open Document
Open Document
257 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Exim Bank
Yearly salary and benefits

|Sl no. |Designation |Scale of pay |Basic |
| |Designation | | |
|Deputy managing director |Free car |- |4000000 |
|Senior Executive Vice President |Free car |- |3500000 |
|Executive vice president |Free car | |3200000 |
|Senior vice president |17350 |1000000 |3000000 |
|Vice president |16050 |900000 |2800000 |
|Senior assistant vice president |14275 |800000 |2500000 |
|Assistant vice president |13750 |700000 |2300000 |
|PO to SPO |- |- |2000000 |
|Officer to EO |- |- |1500000 |
|Below Officer |- |- |1000000 |

Telephone ceiling at Residence:

• DMD,SEVP& EVP: At actual • SVP: Tk 1500- per month • VP: Tk 1200- per month • SAVP &AVP Tk 1000- per month • Branch Manager: Tk 1000- per month

Probation period:

M.T.O. 1 year
T.A.O. 1 year
T.O. (cash) 1 year
T.O. (IT)

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Week 4 Acc 225 Checkpoint

    • 326 Words
    • 2 Pages

    Salaries expense . . . . . . . . . . . . . . . . . . . . . 60,000…

    • 326 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    BUS 310

    • 3150 Words
    • 11 Pages

    Proposed compensation strategy: The compensation mix consists of three components: base pay, indirect pay and performance pay. The largest part of compensation package in the company will be base pay. The salary will be calculated on monthly basis. In this industry much depends on employees performance: how they treat customers and how they perform their job duties. That is why part of their salary will depend on their performance results. Performance pay will consist of two parts and coincide 10% of total billings. I will give this bonus to technicians, set the goals every two weeks, set achievable goals on the amount of sales and split the bonus equally between the group. In order to work well this plan must be designed with input from employees. Last part of the commission mix is indirect pay plan that will be fixed benefit system where all employees are covered by a standard package of benefits (Long, 2010 p.445). It will include mandatory benefits, health benefits, pay for time not worked and miscellaneous benefits.…

    • 3150 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    -Equal wages for the employees with same qualification, experience doing the same job. Bonus is fixed according to proper performance based measurements.…

    • 1610 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Town Of Bellington

    • 345 Words
    • 3 Pages

    The cost driver is the cubic miles of snow because Donaldson himself stated that “…had to pay overtime to the drivers because of some very heavy storms…” That states that more snow had fallen and thus made costs rise.…

    • 345 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Equitable Bank

    • 606 Words
    • 3 Pages

    The Equitable Banking Corporation is the first commercial bank licensed by Central Bank of the Philippines and in 1955 the bank opened its first metro manila branch located at divisoria. On 1973 the bank established its first foreign branch in hongkong and also the first filipino bank in the crown colony, after a year Equitable Bank Foundation engaging in non-profit, social, cultural and charitable activities.…

    • 606 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Western Union

    • 2382 Words
    • 10 Pages

    Western Union was founded in 1851 and started its history as a telegraph and wire services company. In 2006, Western Union discontinued its telegraph service and focused exclusively on money transfers (Pearce & Robinson, 2011). Jorge Ochoa, Vice President of Finance and Raul Duany, Director of Corporate Communication joined The Western Union Company (WU) in November 2008. The primary customers for money transfers were immigrants that were seeking better opportunities in richer countries away from their home. When immigrants leave their home countries, they often leave behind family members who depend on them for financial support. This is most true in the case of poorer countries. Government regulators scrutinized the operations and fee-charging practices of money transfer businesses.…

    • 2382 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Globel Banking

    • 124523 Words
    • 499 Pages

    Bank of China was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialist foreign trade bank, and fulfilled its commitment to serving the public and developing China’s financial services sector. Prudent management and progressive reforms resulted in many significant achievements across the Bank’s diversified business operations. After the founding of the People’s Republic of China, Bank of China became the state-designated specialist foreign exchange and foreign trade bank and contributed substantially to the development of China’s foreign trade and national economy. Transformed from a specialist foreign exchange bank into a state-owned commercial bank in 1994, Bank of China began a joint stock restructuring in 2003, which resulted in Bank of China Limited being incorporated in August 2004 and listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange in June and July 2006 respectively, becoming the first A share and H share dual listed Chinese commercial bank. As the most international and diversified bank in China, Bank of China provides a comprehensive range of financial services to customers across the Chinese mainland, Hong Kong, Macau and 29 overseas countries. The Bank’s core business is commercial banking, including corporate banking, personal banking and financial markets services. BOC International Holdings Limited, one of its wholly-owned subsidiaries, is the Bank’s investment banking arm. Bank of China Group Insurance Co., Ltd. and its subsidiary and affiliated companies run the Bank’s insurance business. Bank of China Investment Management Co., Ltd, its controlling subsidiary, operates the…

    • 124523 Words
    • 499 Pages
    Powerful Essays
  • Better Essays

    Exim Policy

    • 1639 Words
    • 7 Pages

    Accordingly the export-import policies (Exim policy were announced by the government first in 1985 and then in 1988 for three year period. Again the exim policy was revised in 1990. All these policies made necessary for provision for extension of import liberalisation measures. All these policies made necessary provision for import of capital goods and raw materials for industrialisation of REP (Registered Exporters Policy) licenses, liberal import of technology and policy for Export and Trading Houses.…

    • 1639 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Brics Bank

    • 509 Words
    • 3 Pages

    1/ Do you think that a BRICS' development bank is a good idea for emerging economies? Give your opinion. From my point of view the BRICS’ development bank is a good idea for emerging economies for several reasons: • The solutions and the credit will be adapted to the BRICS’ needs so some projects and structures that need specific solutions will be treated better by a BRICS’ bank than by the IMF. • There is no influence from developped countries on this bank so the priorities for the BRICS’ bank are the emerging economies and not the developped world. • We can not now think that western’s countries are better than the BRICS. They showed us than they are able to create a group similar to the G20 based on common projects and ambitious. So now, they are better suited to manage their economy differently than EU and USA. • It will offer an opportunity to some others emerging countries to make a choice between IMF rules and BRICS rules. • Finally creating a BRICS’ development bank is a way to show more independence from existing bodies. They need the help of developed economies less and less and they let them deal with their econmic problems on their own (for example the Greek crisis ). But they have to show themselves as a unit and agree upon the terms and conditions if they are to pull the creation of such an intitution off. The IMF is afraid to see another world bank appeared. The BRICS have already shown that they are able to create a common market that weighs around 250 billions dollars. Therefore, we can imagine a very serious bank who will influence the market globally and eventually become bigger than the IMF potentially pushing it to disappear or to collaborate with the BRICS Bank. Finally I think it’s good to see the unipolar world as we know it being changed in order to see a multipolar world rise. 2/ what are the challenges that the BRICS encounter today preventing…

    • 509 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Cimb Bank

    • 2528 Words
    • 11 Pages

    1) Summary CIMB Group Holdings Berhad (“CIMB Group”) today reported a record net profit of RM4.35 billion for Financial Year 2012 (“FY12”), representing a 7.8% year-on-year (“Y-o-Y”) growth and equivalent to net earnings per share (“EPS”) of 58.4 sen and net return on average equity (“ROE”) of 16.0%. The Group announced a second interim dividend of 18.38 sen in the form of cash or an optional Dividend Reinvestment Scheme (“DRS”). For FY12, the total dividends amounted to 23.38 sen or RM1.7 billion, translating to a dividend payout ratio of 40.0% of FY12 profits. For the fourth quarter FY12 (“4Q12”) alone, the Group’s net profit of RM1.082 billion was 5.3% lower than 3Q12, and 4.5% lower compared its 4Q11 net profit of RM1.133 billion. "We delivered another set of record profits for FY12, underpinned by strong earnings growth in most of our business lines," said Dato’ Sri Nazir Razak, Group Chief Executive, CIMB Group. “I am especially pleased that this was achieved without aggressive lending growth and despite investing and undergoing substantial internal changes in line with our “CIMB 2.0” theme, to strengthen our competitive edge going forwards.” 2) CIMB Group Y-o-Y Results CIMB Group’s FY12 revenues were 11.3% higher Y-o-Y at RM13.495 billion. Net interest income grew by 10.6% while non-interest income expanded by 12.7% underpinned by a record year in capital market transactions and an uplift in treasury markets activity. Excluding the gain on deconsolidation of CIMB Aviva of RM250 million in 4Q11, the uplift in non-interest income was 19.8%. The Group’s profit before tax (“PBT”) was 9.1% higher at RM5.678 billion. In 2012, the Group’s regional Consumer Bank PBT expanded by 23.9% Y-o-Y to RM2.323 billion. The Malaysia & Singapore consumer operations PBT grew 17.7% Y-o-Y despite only moderate revenue growth due to provision write-backs in Malaysia and…

    • 2528 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Cimb Bank

    • 5241 Words
    • 21 Pages

    CIMB Group is a regional universal bank operating in high growth economies in ASEAN. CIMB Group has the widest retail branch network across the region and is an indigenous ASEAN investment bank. CIMB Group is Malaysia’s second largest financial services provider, and fifth largest in Southeast Asia by total assets. It is owned by Bumiputra-Commerce Holdings Berhad (BCHB), which is listed on Bursa Malaysia with a market capitalization of over USD10 billion.…

    • 5241 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Indian Overseas Bank

    • 1374 Words
    • 6 Pages

    Indian Overseas Bank (IOB; established 1937) is a major bank based in Chennai (Madras), with 1,400 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified inhouse Information Technology department, which has developed the software that 900 branches use to provide online banking to customers; the bank has a target to expand online banking to 1200 branches by the end of financial year 2007-08. IOB also has a network of about 500 ATMs all over India and IOB's International VISA Debit Card is accepted at all ATMs belonging to the Cash Tree and NFS networks. IOB offers internet Banking (E-See Banking) and is one of the banks that the Govt. of India has approved for online payment of taxes.…

    • 1374 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    E Wallet

    • 3634 Words
    • 15 Pages

    E-commerce in today's conditions has the highest dependence on network infrastructure of banking. However, when the possibility of communicating with the Banking network is not provided, business activities will suffer. This paper proposes a new approach of digital wallet based on mobile devices without the need to exchange physical money or communicate with banking network. A digital wallet is a software component that allows a user to make an electronic payment in cash (such as a credit card or a digital coin), and hides the low-level details of executing the payment protocol that is used to make the payment. The main features of proposed architecture are secure awareness, fault tolerance, and infrastructure-less protocol.…

    • 3634 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Bank of Jamaica

    • 862 Words
    • 4 Pages

    The monetary authority in most countries is called the Central Bank. A central bank does not deal directly with the public like commercial banks such as NCB; it is rather a bank for banks. In Jamaica the central banking function is carried out by the Bank of Jamaica (BOJ). This institution is located in the city of Kingston. The Bank of Jamaica plays a fundamental role in the Jamaican economy.…

    • 862 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    exim policy

    • 4684 Words
    • 19 Pages

    adopted by a country with reference to exports and imports. Trade; Policy can be free…

    • 4684 Words
    • 19 Pages
    Powerful Essays