Each credit officers have been allocated with specific branches. To become the bank of choice by transforming the way we do business and developing a truly unique financial institution that delivers superior growth and financial performance and be the most recognizable brand in the financial services in Bangladesh.
Eastern Bank Limited is a service and profit oriented organization. It has 23 branches including 1 off-shore banking unit scattered all over the major cities of the country in major business areas.
Next, those internal sources were identified who would be able to provide the necessary information. All corporate and SME proposals of the bank are approved through this particular department of the bank. So the officer must make sure whether stated interest rate is as per regulation of the bank.
Three out of the seven credit officers are assigned exclusively for the SME proposals. The regular proposals refers to approval for fresh credit like Cash Credit, Demand Loan, Time loan Pay order, Time loan work order, restructuring of existing facilities etc.
Also some queries regarding the operations of the business is reported in this part of the proposal. Real time online banking EBL is the pioneer Bank in laying foundation to the world class banking software in Bangladesh. The department is well equipped to handle all sorts of challenges of the business dynamics.
And all banks are trying to aggressively expand the consumer or retail banking division. Regarding the evaluation of account performance the officer tries to identify whether the account statements reflect the operational performance of the client.
After getting the approval from HOCRM the officer then prepares a sanction letter as per standard format of the bank. On an average these are the things that are being analyzed for approving a renewal proposal of a client.
However, if there are any issues like mortgage modification or so on, a time extension proposal may be approved for the client to avoid the embarrassment. Funding Outstanding as on stock inspection date: The purpose of this ratio is to measure how much amount was deposited in the account out of the entire sales proceeds during the stated period.
For futuristic banking product and services offered by consumer banking, consumer banking is getting momentum day by day.
Declaration from Credit Admin Another important component of checklist is to look for any declaration from Credit Administration Department. In other way the risky of a commercial bank is calculated through long term and short term rating by the credit rating agencies. The facility under proposed column was approved for 31st Marchshould coincide with the existing columnas it is now an existing facility.
Insurance coverage do we have renewed insurance policy? These are the major checklists for the credit officer. Both primary and secondary sources of information were used for the purpose of this report. Regarding the evaluation of account performance the officer tries to identify whether the account statements reflect the operational performance of the client.
So the officer must make sure whether stated interest rate is as per regulation of the bank. Primary objective is to locate the status of each file at any time.In this report we have collected data from Eastern Bank LTD.
HRM is important and it is essential for a company. They do their business by using Human Resources Management like planning, recruitment, selection, training etc.
Eastern Bank LTD uses planning tools at the time of leading bank. 8 | FAR EASTERN BANK LIMITED ANNUAL REPORT Board of Directors Wong Meng Meng Mr Wong, 66, was appointed to the Board on 24 March A non-independent and non-executive director, he was last re-elected on 24 April He is a director of United Overseas Bank and Chairman of Mapletree Industrial Trust Management.
Jun 07, · In my whole report, I was working on the credit risk of Eastern Bank Limited. During the preparation of the report, I provide the last six years information of EBL from In the whole report I also explain the credit policy and credit risk management of EBL.
Eastern Bank Limited. Year: Title: Details: Annual Report Annual Report Annual Report Eastern Bank Limited (Bengali: ইস্টার্ন ব্যাংক লিমিটেড) is a private commercial bank headquartered in Dhaka, Bangladesh. It was established inas a public limited company with limited liability under the bank companies act of Headquarters: Dhaka, Bangladesh.
Eastern Bank Limited provides financial, personal and commercial banking, trade, cash management, treasury, securities, and custodial services to retail, corporate, and small and medium enterprise (SME) customers in Bangladesh and internationally.Download