Ethics in Bank
Assignment
Ethics in Bank
MBM 522
Banking Ethics and Legal Issues
Submitted to
Sk. Nazibul Islam
Submitted by
Name: Md. Abidur Rahman
ID No: 2012-2-90-013
Submitted Date:
17/12/2013
Introduction:
This assignment is based on Ethical point of view. This is assignment provide me a great opportunity to get familiar with ethical issues that are practiced in Islamic Bank of Bangladesh. It is a privilege for me as given that scope for preparing such splendid assignment on a nice topic in this particular assign, the author is the assign of the previously mentioned program and the concerned organization is Islamic Bank Bangladesh Limited (IBBL). Which is a prominent private and the first Bank of Bangladesh that based on Islamic Shariah.
Ethical Practices of Islami Bank Bangladesh Limited
Islami Bank Bangladesh Limited introduced unconventional way of banking business in the country. It started its operation in 1983 and ended the initial year of operation with a total deposit of Tk 14.41 crore. The deposit amount rose to Tk 3533.44 crore on June 30, 2001 registering a substantial growth.
The investment portfolio of the bank is extended at 2.50 per cent for agriculture and rural investment, 18 per cent for industrial term investment, 13 per cent for industrial working capital, 10 per cent for housing and real estate, 4 per cent for transport and communication, 0.05 per cent for electricity, gas, water and sanitation services, 2 per cent for storage, 43 per cent for import, export and local trade and trade related activities, 1 ‘per cent for poultry and dairy, 2 percent for rural development scheme, 2.50 per cent for other special schemes, 0.50 per cent for micro-industry and one per cent for other productive purposes.
The overall recovery rate of the bank is 93 per cent. Islami Bank has introduced small business schemes micro
Ethics in Bank
MBM 522
Banking Ethics and Legal Issues
Submitted to
Sk. Nazibul Islam
Submitted by
Name: Md. Abidur Rahman
ID No: 2012-2-90-013
Submitted Date:
17/12/2013
Introduction:
This assignment is based on Ethical point of view. This is assignment provide me a great opportunity to get familiar with ethical issues that are practiced in Islamic Bank of Bangladesh. It is a privilege for me as given that scope for preparing such splendid assignment on a nice topic in this particular assign, the author is the assign of the previously mentioned program and the concerned organization is Islamic Bank Bangladesh Limited (IBBL). Which is a prominent private and the first Bank of Bangladesh that based on Islamic Shariah.
Ethical Practices of Islami Bank Bangladesh Limited
Islami Bank Bangladesh Limited introduced unconventional way of banking business in the country. It started its operation in 1983 and ended the initial year of operation with a total deposit of Tk 14.41 crore. The deposit amount rose to Tk 3533.44 crore on June 30, 2001 registering a substantial growth.
The investment portfolio of the bank is extended at 2.50 per cent for agriculture and rural investment, 18 per cent for industrial term investment, 13 per cent for industrial working capital, 10 per cent for housing and real estate, 4 per cent for transport and communication, 0.05 per cent for electricity, gas, water and sanitation services, 2 per cent for storage, 43 per cent for import, export and local trade and trade related activities, 1 ‘per cent for poultry and dairy, 2 percent for rural development scheme, 2.50 per cent for other special schemes, 0.50 per cent for micro-industry and one per cent for other productive purposes.
The overall recovery rate of the bank is 93 per cent. Islami Bank has introduced small business schemes micro