Offshore Banking in Bangladesh & Shahjalal Islami Bank Ltd, (Obu) Operations in Bangladesh.
An Assignment on Foreign exchange & International Banking
Offshore banking in Bangladesh & Shahjalal islami bank ltd,(OBU) operations in Bangladesh.
Prepared for:
Subarna Barua
Lecturer,
Department of International Business,
University of Dhaka.
Prepared By:
Sujoin Saha (17)
Ariful Hoq Ahmad (55)
Department of International Business (2nd Batch),
Session: 2012-13
Course Name: Business Analysis in National & International Context
Course Code: IB-407.
Date of Submission: 15th April 2013
Table of Contents
SL Contents Page No
1.
Introduction 4
2. Overall offshore banking condition in Bangladesh 4-6
3. List of national and foreign banks that are performing offshore banking 6-7
4. Activities of SJIBL 8
5. OBU services of SJIBL 9-10
6. Advantages and Disadvantages of offshore banking in context of SJIBL 10-12
7. Recommendation and Conclusion 12-13
Introduction:
Bangladesh has a vibrant banking industry. The term “Offshore Banking” has recently been emerged as a decisive issue in this industry. Offshore banking comes from Channel Islands that are offshore from the United Kingdom. Although most of the centers providing such services are located on island state. Offshore banking has been popular because of the speed up in the recent inward inflow of remittance by NRBs. Moreover it has been playing a critical role in FDI inflow in our country. It has a very significant role in boosting up our economy by amalgamating foreign currency and putting it into productive sectors like EPZs and annihilating poverty by devising new employment facilities. For these reason Bangladesh Bank (BB) has also relaxed the regulations regarding offshore banking in our country. Most of the banks have opened its Offshore Banking Units (OBU) in the EPZ areas and as did the Shahjalal Islami Bank Ltd. (SJIBL). Here we are going to discuss about the activities of SJIBL’s offshore banking activities and its existing opportunities and
Offshore banking in Bangladesh & Shahjalal islami bank ltd,(OBU) operations in Bangladesh.
Prepared for:
Subarna Barua
Lecturer,
Department of International Business,
University of Dhaka.
Prepared By:
Sujoin Saha (17)
Ariful Hoq Ahmad (55)
Department of International Business (2nd Batch),
Session: 2012-13
Course Name: Business Analysis in National & International Context
Course Code: IB-407.
Date of Submission: 15th April 2013
Table of Contents
SL Contents Page No
1.
Introduction 4
2. Overall offshore banking condition in Bangladesh 4-6
3. List of national and foreign banks that are performing offshore banking 6-7
4. Activities of SJIBL 8
5. OBU services of SJIBL 9-10
6. Advantages and Disadvantages of offshore banking in context of SJIBL 10-12
7. Recommendation and Conclusion 12-13
Introduction:
Bangladesh has a vibrant banking industry. The term “Offshore Banking” has recently been emerged as a decisive issue in this industry. Offshore banking comes from Channel Islands that are offshore from the United Kingdom. Although most of the centers providing such services are located on island state. Offshore banking has been popular because of the speed up in the recent inward inflow of remittance by NRBs. Moreover it has been playing a critical role in FDI inflow in our country. It has a very significant role in boosting up our economy by amalgamating foreign currency and putting it into productive sectors like EPZs and annihilating poverty by devising new employment facilities. For these reason Bangladesh Bank (BB) has also relaxed the regulations regarding offshore banking in our country. Most of the banks have opened its Offshore Banking Units (OBU) in the EPZ areas and as did the Shahjalal Islami Bank Ltd. (SJIBL). Here we are going to discuss about the activities of SJIBL’s offshore banking activities and its existing opportunities and