Welcome to my presentation

Golam Saroar ParvezID: 103-11-1736

Topic

“Deposit and Loan Products of National Credit and Commerce Bank Limited’’

Objectives of the Report

To identify the lending procedures maintained by NCCBL.

To identify various types of deposit and loan products of NCCBL.

To identify some problems and provide suggestions related to Deposit and Loan products of NCCBL

Deposit

Deposits are the foundation on which banks thrive and grow, that distinguishes it from other types of business firms. Deposits provide most of the raw material for bank loans and, thus represent the ultimate source of bank profits and growth.

Products & Services of NCCBL

Deposit products: Current A/C Savings bank deposit A/C Special notice deposit A/C Term deposit A/C Premium term deposit A/C Instant earnings term deposit

Deposit products:

Special savings scheme Money double program Money triple program NCC Bank Youngster Money plant Scheme NCC Bank Youngster Account NCC Bank Youngster Maximums AccountInterest Rate: (6% - 8%) FDR:(8%-10%)

Loan

Lending of money to different kinds of borrowers is one of the most important functions of commercial bank. Not only this it is the most profitable business of the commercial bank and the major source of income but lending is a risky business. The nature of their activities, the location of business, financial stability, earning and repayment capacity, purpose of advance, securities all differ and their degree of risk also differ.

Sources of Credit Information

Required information about a prospective borrower from the following sources

Loan Application Market Reports Study of Account Financial Statements and Personal Interview

Lending procedures

To do the lending business profitable the following procedures may be followed

Purpose Liquidity Security Profitability Spread/ Diversification National interest/Social interest

Loan and Advance Products:

Working Capital Finance (15.5%-17%) Commercial and trade finance (15.5%-

18.5%) NCC Nari Shabolombi Scheme (10%)

Long term capital finance (15.5%-18%) House and consumer finance (17%-18%)

Loan and Advance Products:

Retail and consumer finance: (18%-18.5%) SME finance Agricultural finance: (13%) Import & Export finance: import (15.5%), export

(7%)

Retail / consumer loan product:

Personal loan Car loan Education loan House building loan Consumer finance scheme House repairing & renovation loan House improvement loan.

Cards:

Credit cards: (2.5% per month) Debit cards mBridge cards

Findings

Tries to provide quality services to the known clients.

Process of sanctioning loan is very lengthy. ATM booths are very few. Interest rate of some loan products are high

(3,4,5) NCCBL website is not sufficient to provide all

information about every type of deposit and loan products.

Recommendations The bank should introduce batter services for all

customers The bank should introduce new technology based

services NCCBL should increase their ATM booth and

related services Detailed Manual should be prepared for accurate

deposit and loan operations Bank should incorporate important information in

their website.

Conclusion

National Credit and Commerce Bank Limited has started their journey as a full-fledged commercial bank in 1993. It plays a significant role in various fields in the economy such as industry, trade & commerce, transportation, deposit mobilization etc. They have to increase their branch network. NCCBL should expand their online banking service at least for key business areas.

BIBLIOGRAPHY

Annual report of NCCBL (2010-2011-2012-2013)

Peter S Rose, “Commercial Bank Management” Richard D. Irwin INC 1991, 5th Edition.

Hai. M. Enamul. “Bank Management”

Open Session

Any question regarding my presentation, please ask.