Jamuna Bank Financial Report Analysis

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Corporate Profile
Jamuna Bank Limited (JBL) is a Banking Company registered under the Companies Act, 1994 with its Head Office at Chini Shilpa Bhaban, 3, Dilkusha C/A, Dhaka-1000. The Bank started its operation from 3rd June 2001. 

The Bank undertakes all types of banking transactions to support the development of trade and commerce of the country. JBL's services are also available for the entrepreneurs to set up new ventures and BMRE of industrial units. Jamuna Bank Ltd., the only Bengali named new generation private commercial  bank was established by a group of winning local entrepreneurs conceiving an idea of creating a model banking institution with different outlook to offer the valued customers,  a comprehensive range of financial services and innovative products for sustainable mutual growth and prosperity. The sponsors are reputed personalities in the field of trade, commerce and industries. 

The Bank is being managed and operated by a group of highly educated and professional team with diversified experience in finance and banking.  The Management of the bank constantly focuses on understanding and anticipating customers’ needs. The scenario of banking business is changing day by day, so the bank's responsibility is to device strategy and new products to cope with the changing environment. Jamuna Bank Ltd. has already achieved tremendous progress within only eight years. The bank has already ranked as one of top quality service providers & is known for its reputation. 

At present the Bank has real-time centralized Online banking branches (Urban & Rural) throughout the Country having smart IT-Backbone. Besides these traditional delivery points, the bank has ATM of its own, sharing with other partner banks & Consortium throughout the Country.

VISION
To become a leading banking institution and to play a pivotal role in the development of the country    MISSION
The Bank is committed to satisfying diverse needs of its customers through an array of products at a competitive price by using appropriate technology and providing timely service so that a sustainable growth, reasonable return and contribution to the development of the country can be ensured with a motivated and professional work-force. STRATEGIES

| To manage and operate the Bank in the most efficient manner to enhance financial performance and to control cost of fund| •| To strive for customer satisfaction through quality control and delivery of timely services| •| To identify customers' credit and other banking needs and monitor their perception towards its performance in meeting those requirements.| •| To review and update policies, procedures and practices to enhance the ability to extend better service to customers.| •| To train and develop all employees and provide them adequate resitsces so that customer’s needs can be reasonably addressed.| •| To promote organizational effectiveness by openly communicating company plans, policies, practices and procedures to employees in a timely fashion| •| To cultivate a working environment that fosters positive motivation for improved performance | •| To diversify portfolio both in the retail and wholesale market| •| To increase direct contact with customers in order to cultivate a closer relationship between the bank and its customers|

OBJECTIVES
| To earn and maintain CAMEL Rating 'Strong'|
| To establish relationship banking and improve service quality through development of Strategic Marketing Plans.| •| To remain one of the best banks in Bangladesh in terms of profitability and assets quality. | •| To introduce fully automated systems through integration of information technology.| •| To ensure an adequate rate of return on investment.| •| To keep risk position at an acceptable range (including any off balance sheet risk).| •| To maintain adequate liquidity to meet maturing obligations and commitments.| •| To maintain a healthy...
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