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15 September, 2021

Briefly explain the major corporate banking services in Bangladesh

 Bank is providing a wide range of financial services, offering specialist advice and products to corporate clients to meet diverse demands of changing market scenario. Bank has expertise to customize products & services to meet specific requirements of their clients. Bank are committed to serve the customer with extensive branch net work all over the country to expedite thr client's business growth. Bank facilitate their business to face the challenges and realize opportunities, now and in the future. The main focus is relationship based banking and understanding corporate & institutional business environments.

Major Corporate Banking services are as follows:

 Working Capital Finance

Business Enterprises engaged in manufacturing/ trading/ service business are eligible to avail Working Capital Loan to meet day to day expenses for processing of manufacturing and selling product & services. Working capital products include both fund and non-fund based products. Fund-based working capital products include secured over draft, cash credit, packing credit, short-term loans payable on demand bank guarantees. Non-fund based products include bank guarantee, performance guarantees and bid bonds are also supporting the business of our customers.

Project Finance

Bank provides project loan to set up /BMRE of long-term infrastructure and industrial projects/ service unit on the basis of debt and equity rather than the balance sheets of project sponsors. Project financing have been recognized as an important and crucial mode of finance for a financial institution for substantial growth of its industrial credit vis-à-vis managing long term finance. Growth of project finance/Industrial credit of a developing country like Bangladesh is considered as a key parameter for transforming her dream into a mid income country group.

Term Finance

Banks are offering short term & mid term finance to you to meet emergency financial needs of our project/business.

Trade Finance

Import

a)Letter of Credit

Business Enterprises can avail Non-funded facility for import / procurement of raw materials, machinery, equipment, merchandise item.

b)Loan against Imported Merchandize (LIM)

Business Enterprises engaged in import merchandise can avail working capital for retirement of import documents.

C)Loan against Trust Receipt

Business Enterprises engaged in import of merchandise can avail working capital for retirement of import documents.

Export

Pre-shipment finance

Back to Back L/C, EDF, ECC, SOD (Working Capital Finance), Packing Credit.

Post-shipment finance

Foreign Documentary Bills Purchase, Inward Documentary Bill Purchase.

Lease Financing

Lease financing became a thrust sector for individual and small enterprise besides medium and large enterprises. Bank has been providing lease finance facility to its customer for acquisition of manufacturing and service equipments for all major industrial sectors. The facility helps the customer to have better financial flexibility under budgetary constraints and to enjoy tax benefit. Bank offers financing vehicles/ CNG conversion/ refueling plant/ sea or river transport, capital machinery/ plat/ equipment/ lift / generator/ boiler, construction equipment/ computer for IT education center, medical equipment etc

Syndication Finance

Commercial banks has been financing large scale projects under syndication arrangement to raise and meet huge credit need of a company. This arrangement allows the Banks to share expertise among them and diversify its credit risks. To cater the need of leading corporate house  Bank has been raising fund from the banking sector on behalf of the customer through syndication arrangement.