An Appraisal of Dhaka Bank Limited

Abstract

Banking system occupies an important place in a nation's economy because of its intermediary role, it ensured allocation and keeps up the momentum of economic activities. A banking institution is indispensable in a modern socialite. It plays a pivotal role in the economic development of country and forms the care at the money market. The overall purpose of banking is the collect money from surplus unit and transfers it to the deficit unit. Bangladesh economy has been experiencing a rapid growth since the'90s. Industrial and agricultural development, international trade, inflows of expatriate Bangladeshi workers' remittance, local and foreign investments in construction, communication, power, food processing and service enterprises ushered in an era of economic activities. Urbanization and lifestyle changes concurrent with the economic development created a demand for banking products and services to support the new avenues as well as to manage consumer investments in a profitable manner. A group of highly acclaimed businessmen of the country grouped together to responded to this need and established Dhaka Bank Limited in the year 1995 as a public limited private commercial bank and started its operation toward it value customers. In the present competitive world of banking sector, every bank has to innovate in order to survive. Because this sector is highly customer oriented. And customer test changer over time. Dhaka Bank has to continued its efforts in creating highly motivated outstanding group of professionals through organizing extensive training programs in banking operations, international trade, risk management, etc.