Impact of Group Performance in the Productivity of an Organization Ncc Bank Ltd

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  • Topic: Bank, Banks, Retail banking
  • Pages : 10 (2327 words )
  • Download(s) : 126
  • Published : October 22, 2010
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Historical background:

National Credit and Commerce Bank Ltd. bears a unique history of its own. The organization started its journey in the financial sector of the country as an investment company back in 1985. The aim of the company was to mobilize resources from within and invest them in such way so as to develop country's Industrial and Trade Sector and playing a catalyst role in the formation of capital market as well. Its membership with the browse helped the company to a great extent in this regard. The company operated up to 1992 with 16 branches and thereafter with the permission of the Central Bank converted in to a full fledged private commercial Bank in 1993 with paid up capital of Tk. 39.00 corore to serve the nation from a broader platform. Since its inception NCC Bank Ltd. has acquired commendable reputation by providing sincere personalized service to its customers in a technology based environment.

Company Profile:

Name: National Credit and Commerce Bank Ltd.(NCCBL)
Incorporation of the Company:1985
Certificate of Commencement of Business:May 17, 1993.
Type of Business:Company -Public Ltd. from 1999
Authorize Capital:2500 million
Paid –Up Capital: 1352.01 million
Scope of Business: Banking, Capital market operations
Chairman: Md. Yakub Ali
Managing Director: Mohammed Nurul Amin
Auditors: Ata Khan & Co.
Board of Directors:23
Number of Branches:57
Number of Employees:1687
Registered Office: 7-8, Motijheel C/A, Dhaka 1000.
PABX: 9561902-4, 9566283, 9563981-3
Fax: 880 2 9566290
Web Site:

Products and Services of NCCBL:

1) Deposit Products
• Current A/C
• Savings Bank Deposit A/C
• Short Term Deposit A/C
• Term Deposit A/C
• Premium Term Deposit A/C
• Instant Earnings Term Deposit A/C
• Special Savings Scheme
• Special Fixed Deposit Scheme
• Money Double Program
2) Loans and Advance Products:
• Working Capital Financing
• Commercial and Trade Financing
• Long Term (Capital) Financing
• House Building Financing
• Retail and Consumer Financing
• SME Financing
• Agricultural Financing
• Import and Export Financing
3) Cards:
• Credit Card (Local, International and Dual) 4) Remittance Products:
• Special Interest rate on Savings and Term Deposits • Wage Earners Welfare Deposit Pension Scheme • Loans for Real Estate (Land purchase and House construction/renovation) • Advance against Regular Remittance

1) Brokerage House:
• Member, Dhaka Stock Exchange Ltd.
• Full Service Depository Participant
2) Treasury Service:
• Primary Dealer of Govt. Approved Securities 3) Remittance Service:
• Correspondence arrangement with more than 330 Financial Institutions all over the World • For Wage Earners Remittance have Agency arrangement with 12 reputed Exchange Houses covering major Locations of bank Expatriates

Competitive Scenario:

This is very important to be conscious about the present performance of the competitors at the market. How is the growth rate of other competitors and how they are operating there business. For making competitive analysis I have chosen four national commercial Banks who are operating same type of business at the present banking sector. On basis of the present market coverage the competitive scenario is shown by using percentage and the Net Profit after Tax is given in Million figures:

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