Article of Bankers

Case Study on Consumer Borrower!

Case Study on Consumer Borrower! Bank has sanctioned a Card facility to Mrs. Rahela with a limit of BDT 500,000. As per application she was the director of X Group & her husband’s name was mentioned as Monir (fake). Mr. Monir has also taken a personal loan & card facility from the bank amounting to [...]

Case Study on Small Enterprise Finance!

Case Study on Small Enterprise Finance! QVC was established in 2012 located in Dinajpur for manufacturing chain used for motorcycle. The whole output will be sold to the particular motorcycle assembler of the country at pre-agreed rate. The production process is small because the parts of the chain are imported and then assembled in the [...]

Case Study on Medium Enterprise Finance!

Case Study on Medium Enterprise Finance! M/s. Baneco Solar Energy Ltd. is a new project incorporated in 2010 as a private limited company registered with RJSCF for assembling Solar Panel of different capacity using German Technology to fulfill the domestic demand by substituting imported products as well as to export worldwide. The company is located [...]

Case Study on Large Enterprise Finance!

Case Study on Large Enterprise Finance! M/s. Emerald Oil Industries Ltd. registered as a private limited company with the Registrar of Joint Stock Companies and Firms (RJSCF) in July 2008, having its factory at Sherpur, is the pioneer of its kind for extracting edible oil from rice bran for 100% local utilization by substituting imported [...]

Case Study on Successful Borrower ?

Case Study on Successful Borrower ? JMI Syringes and Medical Devices Ltd. as a joint venture with South Korea was established as a Private Limited Company in April, 1999. But at present it is a Public Limited Company. The project is situated at Noapara, Choddogram in the district of Comilla. The project is a pioneer [...]

Credit Sanctioning Procedures/Investigation and Disbursement ?

Credit Sanctioning  Procedures/ Investigation and Disbursement ?   Loan Sanction Activities: ASSESSMENT OF CREDIT NEEDS OF A LOAN APPLICANT : The requirement of the funds shall be assessed keeping in view loan/limit applied by the borrower-applicant and actual business need computed on the basis of prevalent policy of the Bank for assessing credit requirement subject [...]

Suggested Checklist for Document Preparation and Examination?

Suggested Checklist for Document Preparation and Examination: For the bank which receives the documents:   The letter of transmittal: Ensure: that it is addressed to your bank, that it has a current date, that it relates to the Documentary Credit number referenced, that the documents enumerated are attached, that the value of the documents and [...]

The ICC Uniform Rules for Demand Guarantees ?

The ICC Uniform Rules for Demand Guarantees ? SCOPE AND APPLICATION OF THE RULES : Article 1 These Rules apply to any demand guarantee and amendment thereto which a Guarantor (as hereinafter described) has been instructed to issue and which states that it is subject to the Uniform Rules for Demand Guarantees of the International [...]

Requirement for examination…

Requirement for examination: Finance: Finance means provision of funds from surplus economic units to deficit spender    Credit: Credit is the financial arrangement between lender and borrower along with some term and condition. It is the confidence of the lender on the ability and willingness of the borrower to repay the debt when dues.    [...]