|Historical Background |Page……02 | |Product Details and Service |Page……03-11 | |Balance sheet |Page……12 | |Liquidity statement |Page……13-14 | |Income statement |Page……15 | |Ratio Analysis |Page……16-17 | |Financial Statement Analysis(Comparative) |Page……18 | |Financial Statement Analysis(Common) |Page……19 | |SWOT Analysis |Page……20-23 | |Conclusion |Page……23 |
National Bank Limited.
A bank for performance with Potential
The then President of the People's Republic of Bangladesh Justice Ahsanuddin Chowdhury inaugurated the bank formally on March 28, 1983 but the first branch at 48, Dilkusha Commercial Area, Dhaka started commercial operation on March 23, 1983. The 2nd Branch was opened on 11th May 1983 at Khatungonj, Chittagong.
At present, NBL has been carrying on business through its 124 branches and 11 SME / Krishi centers (total 135 service locations) spread all over the country. It has drawing arrangements with 415 correspondents in 75 countries of the world, as well as with 37 overseas Exchange Companies located in 13 countries. NBL was the first domestic bank to establish agency arrangements with the world famous Western Union in order to facilitate quick and safe remittance of the valuable foreign exchanges earned by the expatriate Bangladeshi National NBL was also the first among domestic banks to introduce international Master Card in Bangladesh.
Despite shaken domestic economic condition due to global recession, performance of 2009, the year under review was noteworthy. In 2009, the pretax profit of National Bank stood at 3,197.50 million, registering a growth of 13.03 percent over the previous year and profit after tax & other provisions stood at Taka 2,070.47 million reflecting a growth of 36.45 percent. Further, bank's revenue, loans & advances, deposit and assets registered a growth of 22.98, 28.55, 27.66 and 27.53 percent respectively. Capital adequacy maintained at Tk. 9,124.62 million, which was 13.56 percent against statutory requirement of 10 percent. The earning per share for the year 2009 was Tk.72.74 compared to Tk.53.31 of previous year. Being a regular tax payer, the bank made a direct contribution of Tk.1, 366.20 million to Government Exchequer in 2009 representing an increase of 79.35 percent over 2008. Detailed facts-figures and disclosures are available in the financial statements and notes of accounts for the year 2009.
Products and Service
❖ Deposit product.
❖ Credit product.
1. Saving Deposit
National Bank Limited offers customers a hassle free and low charges savings account through the branches all over Bangladesh.
Benefits (Condition Apply)
✓ Interest rate of 6.00% on minimum monthly balance.
✓ Minimum balance Tk.1000.
✓ Maintenance charge yearly Tk. 400.
✓ No hidden costs.
✓ Standing Instruction Arrangement are available for operating account.
✓ 2 copies of recent photograph of account holder.
✓ Nominee's Photograph.
✓ Valid photocopy of Voter ID Card.
2. Current Deposit
National Bank Limited offers customers current deposit facility for day-to-day business transactions without any...