Performance Evaluation of Dutch-Bangla Bank Limited

Abstract

The financial system of a country is the lifeblood of the economy of the country. Amongst the fmancial institutions, commercial banks constitute the heart of the financial structure since they have the ability to add the money supply and thus create additional purchasing power. The commercial banks have been playing a vital role in the economy of Bangladesh. Dutch-Bangla Bank started operation as Bangladesh's fIrst joint venture bank. DBBL was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh with the primary objective to carry on all kinds of banking business in Bangladesh. DBBL commenced formal operationfrom June 3, 1996. The Bank is listed with the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited. The principal activities of DBBL are to provide all kinds of commercial banking products and services, working capital fmance and trade finance for corporate customers, SME loans to small traders & businesses, house building loan car loan and wide range of life style and need based loans for retail customers. DBBL's state-of-the-art IT platform and online banking system provides the largest ATM networks Fast Track and PSO services of the country through which customers are getting any-where and anytime banking for 24 hours a day and 365 days a year. At the same time Duttch-Bangla Bank Limited provides different kinds of banking services like Electronic Bank, SME Banking, Corporate Banking, Internet Banking, Mobile-Banking etc.