Company Information:

Vision: To become the most valuable brand in the financial services in Bangladesh creating long lasting value for our stakeholders and above all for the community we operate in by transforming the way we do business and by delivering sustainable growth.

Mission: We will deliver service excellence to all our customers, both internal and

external. We will ensure to maximize shareholders value. We will constantly challenge our systems, procedures and training to

maintain a cohesive and professional team in order to achieve service excellence.

We will create an enabling environment and embrace a team based culture where people will excel.

Values:

SERVICE EXCELLENCE Passionately driving the customer delight. Use customer satisfaction to accelerate growth. Believe in change to bring in timely solution.

OPENNESS Sharing the business plan Encouraging two way communications Recognizing achievements, celebrate results.

TRUST Care for each other. Share learning / Knowledge Empower people.

COMMITMENT Know the roadmap Believe in continuous improvement Do not wait to be told

INTEGRITY Respect every relationship Do not abuse information power

RESPONSIBLE Tax abiding citizen CORPORATE CITIZEN Promote protection of the environment for our children Conform to all laws, rules, norms, sentiments and values of the land

Strategic Priority:

Integrate sustainability principles into business strategy. Promote a culture of vitality and learning for sustainable performance by the

employees. Shift to vale based marketing, focusing more on human aspirations, values and

spirit. Strengthen internal controls through clearly laid down policies, procedures and

processes. Pursue a moderate asset growth keeping the asset quality in tact. Optimize funding mix to reduce cost of fund. Accelerate deposit growth by offering innovative products. Create customer friendly culture through state of the art IT solutions supported by

highly skilled operations team.

Group Corporate Structure:

The Bank had four subsidiaries as on the reporting date 31st December 2011. EBL acquired 60% share of a brokerage house “ EBL Securities Limited” on

Eastern Bank Limited ( Group)

Bank Subsidiaries

Off- shore banking Unit

Eastern Bank Limited (On Shore Banking)

EBL Securities Limited

EBLInvestments Ltd.

EBL Finance (HK) Ltd.

EBL Asset Management Ltd.

15th October 2009 which is the only functional subsidiary of the bank. The other three fully owned subsidiaries have got registered with relevant regulatory authorities but yet to swing into operations.

EBL ORGANOGRAM

Ali Reza IftekharManaging Director and CEO

Muklesur RahmanDeputy Managing Director (Consumer Banking)

Md. Fakhrul AlamDeputy Managing Director (Corporate Banking & Treasury)

Syed Rafiqul HaqArea Head-Dhaka, Corporate Banking

Safiar Rahman, FCSSEVP & Company Secretary

Abul MoqsudHead of Credit Risk Management

A M M Moyen UddinHead of Information Technology

Akhtar Kamal TalukderHead of ICCD

S. M. Akhtaruzzaman ChowdhurySEVP & Head of Operations

Sami KarimSEVP & Head of SAMD

Omar F. KhandakerIT Consultant

Ahsan Zaman ChowdhuryArea Head, Corporate Banking (Chittagong

Maj. Md. Abdus Salam (Retd.)Head of Admin

Kamal Mustoba AliHead of Projects

Md. Khurshed AlamHead of SME

Ziaul KarimHead of Brand & Communication

EBL at a glance:

With a vision to become the bank of choice and to be the most valuable financial brand in Bangladesh, Eastern Bank Ltd. (EBL) began its journey in 1992. Over the years EBL has established itself as a leading private commercial bank in the country with undisputed leadership in Corporate Banking and a strong Consumer and SME growth engines. EBL's ambition is to be the number one financial services provider, creating lasting value for its clientele, shareholder and employees and above all for the community it operates in.

Product Basket

Bangladesh Banking Sector has grown from strength to strength over the past one decade and is fiercely competitive, especially in the Consumer Banking segment. EBL offers a wide range of depository, loan and card products to cater virtually for every customer segment. From Student Banking to Priority Banking to Platinum card EBL has almost all banking products in its repertoire. The product basket is rich in content featuring different types of Savings & Current Accounts, Personal Loans, Debit Cards, Credit Cards, Pre-paid Cards, Internet Banking, Corporate Banking, SME Banking, Investment Banking, Treasury & Syndication services. The customers are served through a network of 59 Branches, 116 ATMs and 21 Kiosks countrywide. EBL has its presence in 11 major cities/towns in the country including Dhaka, Chittagong, Sylhet, Khulna, Rajshahi Rangpur & Cox's Bazar.

Product Innovation

EBL is known for its product innovation in the market. During the past five years, EBL introduced 12 new-to-Bangladesh financial products and services. EBL Matribhumi – the bundle product for expatriate Bangladeshis, insurance covered monthly savings scheme, VISA corporate cards, remittance card and mobile–based remittance solution are just a few of them. On the SME banking window EBL offered customer–friendly and groundbreaking products like EBL Uddom and EBL Mukti. At present, EBL Consumer, SME and Corporate Banking units are capable of handling every kind of customer financial needs.

Things you didn't know about EBL

01. EBL is the first bank in Bangladesh to go online.

02. EBL provided the first “Green Loan” in Bangladesh in Solar Panel manufacturing plant which will contribute to transform the lives of 1 million people of the most remote and off-grid areas by lighting up their homes.

03. EBL is the first ever local bank to finance Aircraft purchase deal of Biman Bangladesh Airlines. Prior to this, only multinational banks used to finance such projects.

04. EBL generates highest profitability per employee in Bangladesh Banking sector.

05. EBL launched first ever Bank- sponsored Mutual Fund in Bangladesh.

Achievements of Eastern Bank Limited

EBL believes in relationship building and focuses on sustainable and long term growth – both for the bank, its clients and the community it operates in. Despite the constant threat of the global economic recession and its subsequent effect on the Bangladesh market in 2010, EBL's Profit After Tax grew by 66.70 % last year. The Non Performing Loan Ratio dropped to 1.99% from 2.46%. The same year, Earning per Share (EPS) had increased by around 70% and Cost to Income ratio is 32.10% which is one of the lowest in the industry. And in 2010 the bank's Credit Rating increased to AA from AA-, which was A+ in the year before.

EBL knows its target customers and as such offers new products and services to cater to their contemporary taste and need. In the past couple of years the Bank came up with several exciting products and service propositions: Some of them are a first in Bangladesh. Priority Banking, Travel related products, life insurance covered DPS, Platinum Credit Card, SME Debit Card to name a few. EBL is one of the first banks in Bangladesh to launch Mobile-based remittance service marking a new era of banking services among the unbanked population of the country. EBL SME Banking holds a strong foothold in the market and offers several specialized financial solutions for the entrepreneurs. EBL introduced Invoice Factoring for the first time in Bangladesh and has dedicated Women Entrepreneur Cell to cater to the banking needs of the particular segment. On the corporate banking front, EBL is a market leader in Syndication deals which demonstrates the bank's financial capacity and strength. In the last five years EBL has closed syndication deals worth more than Tk. 1500 crore. EBL received its biggest recognition when country's national flag carrier Biman Bangladesh Airlines mandated pre-delivery purchase deal to Eastern Bank Ltd. for two Boeing 777-300ER. In the Bangladesh banking history EBL is the first local bank to handle such a mega project. In 2009 EBL launched Investment Banking wing, which contributed significantly in the EBL revenue stream in the very first year of its operation.

The Institute of Chartered Accountants of Bangladesh (ICAB) recognized Annual Report of Eastern Bank Limited (EBL) as one of the best published reports in 2009. EBL was awarded the 2nd prize at 10th ICAB National Awards for the Best Published Accounts and Reports. EBL is also a recipient of 'Certificate of Merit' in the Best Presented Accounts Award 2009 by South Asian Federation of Accountants (SAFA).

EBL has also been awarded by IFC as the Most Active GTFP Issuing Bank in South Asia 2009-2010 and the Most Active Issuing Bank in Agribusiness Sector in South Asia 2010-2011.

Last year our Annual Report got the 3rd prize at the ICAB National Awards in the same category and was conferred 'Certificate of Merit' by SAFA.

EBL's sincere efforts are well-appreciated by all and have gotten recognitions from local and international institutions like Institute of Chartered Accountants in Bangladesh, Superbrands Inc., South Asian Federation of Accountants. In EBL's journey to excellence, a great achievement has been added. Centralised Trade Operations of EBL

has achieved Quality Management Systems Certificate as per ISO 9001:2008 standard. EBL is the first Bangladeshi Bank to achieve this recognition for its commitment to quality delivery. The crowning glory of EBL's commitment to perform with passion has been winning the Best Financial Institution 2010, the most coveted award of the country at the DHL-Daily Star Bangladesh Business Award 2010. As we are striving to achieve international standards in all our products and services, international recognition is natural to follow. The Global Brand Congress just held in Mumbai conferred EBL Global Awards for Brand Excellence in the ‘Best Banking and Financial Services' category.

Brand Communication of EBL:

EBL’s communication initiatives leverage its renowned logo introduced in 2003, the tri-colour mnemonic signifying the colours of the sun, sky and mother earth. The vibrant colours of the logo radiate a sense of youthfulness. Different Brand surveys consistently show EBL as one of the most widely recognized financial brands in Bangladesh. EBL’s brand and visual identity have recently been evolved to match the Bank’s ambition and confidence. The concept of putting the vibrant yellow colour up front is underpinned by three core elements. The logo now stands alone on all communication materials amidst bright yellow delivering a premium, consistent and confident look and feel. The Bank’s corporate design of the tri-colour flow is supported by a well-defined brand personality highlighting EBL’s unique characteristics—a passionate, precise, confident and agile mind. The final element in the logo design is the claim, ‘Simple Math’ which demonstrates the passion that it promises.

EBL actively embraces its role as a corporate citizen. It regards Corporate Social Responsibility (CSR) not a charity, but an investment in society and in its own future. EBL’s goal as a responsible corporate citizen is to build social capital. The Bank leverages its core competencies in five areas of activity: through social investments it aims to create opportunities; with its involvement in art and music it fosters creativity; via its educational grant programme it enables talent; through its commitment to sustainability it ensures long term viability, and the Bank’s employees regularly participate in activities that provide social support.

EBL came forward to give succor to the AILA affected people of Satkhira with the supply of pure drinking water. Round the year, EBL participated in several social and community events and contributed towards the sustainable development of the community. EBL in cooperation with the Dhaka University Alumni Association (DUAA) has been regularly sponsoring the “EBL-DUAA Inspiration” – a financial grant programme which supports meritorious students of Dhaka University.

The HR motto of EBL is: “We do not offer jobs, we offer career.” EBL is widely recognized for its gender impartial work environment, corporate culture and best practices that attract and help retain top talents of the industry. EBL’s employees are its brands.

Recent Developments

To further strengthen EBL’s position as a market leader the Bank is set to launch two separate subsidiaries namely EBL Securities Ltd. and EBL Investment Ltd. to provide related services to its own customers and create new market. EBL has recently got approval for opening up two remittance subsidiaries under the name of EBL Exchange in Malaysia and United Kingdom. These new SBUs shall not only help EBL in expanding its geographic reach but also help exploring in newer markets. To provide the customers with cutting edge technology, EBL has recently upgraded its core banking software to Universal Banking System. EBL is the first bank in South Asia to use such banking solutions.

Brand Value

Eastern Bank’s claim, ‘Simple Math’ has always been much more than just a marketing slogan or an advertising strap line, it defines the way that the Bank does business. Through the consistent delivery of the promise EBL aims to live its brand promise of excellence, relevant client solutions and responsibility to all stakeholders.

Simple Math – as the strap line goes, EBL offers simplicity in all its banking services and products. From products and services to processes, EBL tries to uphold the essence of the message, simplicity. EBL strongly believes in investing in human capital and as such people is regarded as the most valuable asset of the company.

All in all, EBL has established itself as a valuable brand in Bangladesh symbolizing innovation, quality and trust.

Company Milestones

August 8, 1992 Date of incorporation.

August 16, 1992 Date of commencement of banking operations.

March 20, 1993 Listed with Dhaka Stock Exchange Ltd.

November 12, 1998 First dividend declared for income year 1997.

January 19, 2002 Centralized the Trade Service.

July 17, 2003 First online banking operations of all the branches. January 25, 2004 Obtained permission from Bangladesh Bank for Offshore Banking Unit, Bangladesh.

May 19, 2004 Commencement of operation of Offshore Banking Unit, Bangladesh.

September 11, 2004 Listed with Chittagong Stock Exchange Ltd.

June 27, 2005 Authorized share capital increased to BDT 3.3 billion.

November 30, 2005 Became partner bank of IFC under Global Trade Finance Program (GTFP) to support EBL handle complex trade transactions.

March 5, 2006 Centralization of liability product processing functions at Service Delivery.

June 6, 2006 Launching of SME Banking Division.

November 09, 2006 Signed agreement with ADB to become ADB’s partner bank under their Trade Finance Facilitation Program (TFFP) supporting guarantee and revolving credit facility.

July 1, 2007 Launched Own Managed Cards Software and Production System.

May 25, 2008 First ‘Right Issue’ declared @ 2:1 at par.

February 13, 2009 Commencement of Investment Banking Operations.

April 19, 2009 Registration of EBL 1st Mutual Fund with Securities and Exchange Commission.

April 26, 2009 Launched Priority Banking for premium customer segment.

April 2009 Awarded ‘Superbrand’ by Superbrands Inc. for the period 2009-2011.

November 2009 EBL was awarded 3rd position for Annual Report 2008 in the ‘Best Published Accounts’ by ICAB and conferred a ‘Certificate of Merit’ award for ‘Best Presented Accounts and Corporate Governance Disclosures Awards 2008’ by SAFA.

Consumer Loan Products

EBL Jibandhara Loan

Loan Amount ranges from BDT 50,000 to BDT 1,000,000 ( or 12 times of gross salary, whichever is lower).

Nothing is Remotely Unreachable

There are so many things we want in life - the chance to decorate our homes, the cool breexe of an air conditioner on a hot summer's day. The list goes on and on and now with EBL Jibandhara Loan there is a way to make these wishes come true

Loan Amount ranges from BDT 50,000 to BDT 1,000,000 ( or 10 times of gross salary, whichever is lower).

Repayment tenure of 12, 24, 36, 48 or 60 months.

Payment option available starting after minimum 6 months of disbursement of loan.

Early full and final settlement allowed.

No security required.

No hidden charges.

Joint application possible

Interest rate for Jibandhara is a competitive 19.50% per annum. For updated rate, click here

Age : Minimum 22 years, Maximum 60 Years

Professional Experience: a. Salaried Executives : 1 year of experienceb. Self employed Professionals: 2 years of experience

Minimum monthly income:

a. Salaried Executives : minimum BDT 20,000 / monthBDT 15,000 / month for Government Employees

b. Self employed Professionals: minimum BDT 30,000 / month

For Interest Rate, Fees and Charges, Click here

EBL Utshab Loan

Loan amount ranging from minimum BDT 50,000 to maximum BDT 150,000 (or 10 times of gross monthly income)

It's festival time again! It's that time of the year for shopping, enjoying your holidays, meeting your loved ones. But do you know that EBL has Utshab Loan with the sole intention of helping you meeting your festival related needs?

Loan amount ranging from minimum BDT 50,000 to maximum BDT 150,000 (or 10 times of gross monthly income, whichever is lower)

Repayment tenure of 12,24 or 36 months

Absolutely no processing fees

Special discount in interest rate

Age : Minimum 22 years, Maximum 60 Years

Professional Experience: Salaried Executives : Salaried Executives: 1 year of experience with minimum 6 months employment with current employer Self employed Professionals: 1 years practice in the profession Business: 2 years involvement in current business

Minimum monthly income: Salaried Executives : minimum BDT 15,000 / month Self employed Professionals & Businessmen: minimum BDT 20,000 / month

EBL Home Loan

EBL introduces the most convenient & practical Home Loan that suits your all home financing needs. Let it be for apartment purchase, home construction, extension or renovation - EBL is here with the ultimate solution for you. With so many attractive features in it - the home you wanted to buy, or to extend the existing one or renovate the same is no longer a distant dream.

Loan amount BDT 500,000 – BDT 1 Crore or 50 times of applicant’s Gross Monthly Income, whichever is lower

Repayment tenure 3 years to 20 years

EBL Home Loan Interest Rate: 13.50% (floating)

Loan Take-over facility with attractive interest rate option (1% less than existing other Home Loan but not less than 13.5% per annum)

Processing fee – 1.25% of the loan amount for the fresh applicants and 0% for the take-over loans

Loan up to 80% of the property value

Advance/Partial Prepayment - Anytime and any amount payment facility available, fee is 1% of the Advance/Partial Prepayment amount.

Additional Loan Top up facility available

Bangladeshi citizen within age range 22 Years – 57 years

Length of Service/Business:

Salaried Executives: Minimum 3 year of experience with 6 month permanent employment with present employer; Contractual Employees of Supranational Organizations, international development organizations & Donor agencies e.g. WHO, FAO, UNDP, CARE etc. will be eligible subject to 1. minimum length of service 5 years 2. contract renewed at least twice

Professionals: Minimum 3 year of practice in the profession

Businessman: Minimum 3 years of involvement in business

Minimum Income for Individual :

a. Salaried Executives: Minimum BDT 30,000/-

b. Self employment: Minimum BDT 40,000

c. Business Person: Minimum BDT 50,000/-

Combined minimum income of joint and principle applicant must be 40,000 BDT

Joint Applicant - Spouse and immediate family members (father, mother, son, daughter, brother & sister)

Total Income for Principal and Joint Applicants:

BDT 30,000/- per month for Salaried Executives

BDT 50,000/- per month for Self Employed, Businessmen and Others

Salaried Executives

Letter of Introduction (LOI) strictly as per EBL’s format. Offer letter or Release letter from previous employer to prove 3 yrs service experience (if applicant’s employment period in present service is less than 3 yrs) Salary Slip/Certificate showing all deductions–latest 3 months Bank Statement for the last 12 months Declaration of other assets (if any) Evidence of other income (if any) Latest TIN Certificate/IT Return Acknowledgement Copy-only from main income holder & property owner

Self Employed/ Businessman/Others

- For self-employedCertificate of professional degree and certificate of membership from

professional body – for self employed professionals Bank Statement for latest 12 months Declaration of other assets (if any) Evidence of other income (if any)

- BusinessmanStatement of Business details

Latest IT Return Acknowledgement Copy with IT-10B form copy Latest Profit & Loss account and balance sheet of the business for businessmen Trade License as proof of business age/Memorandum of Association Company Statement for latest 18 months and self Bank Statement for latest 12 months Declaration of other assets (if any) Evidence of other income (if any) Latest schedule X. Form 117 in case latest schedule X is not available to substantiate share transfer Certificate of Incorporation Registered partnership deed from RJF for partnership concern

- LandlordTitle deed of rented premises/property

Valid rental deed with tenants Latest 12 months banks statements in applicant’s name Utility bill in the name of applicant for rented property

- NOTE:EBL may ask for Personal Guarantee from acceptable person if necessary.

Apartment Purchase – on private land

Ownership deed of the property (photocopy) Bia deed for 25 years Development agreement (joint venture) with the land owner (if any) Registered Power of attorney Recent Survey Report (math parcha duly attested) Mutation parcha with mutation proposal sheet. Duplicate carbon receipt with mutation order sheet. CS. SA. RS porcha (PS. BS. RS. Porcha applicable only for Chittagong) Up to date “Non encumbrance certificate” for 12 years Up to date Land tax Receipt (if any) Up to date Holding tax receipt. Approved plan/Layout plan and approval letter by Rajuk/Authoruty. Deed of agreement/Allotment letter. Such other documents as required by the Banks appointed Lawyer.

Apartment Purchase – on government /leased land

Lease Deed/Ownership deed of land Bia deed for 25 years Development agreement (joint venture) with the land owner (if any) Registered Power of attorney deed. POA acceptance letter from concerned Govt. Authority. Mutation letter from the relevant Govt. Office Duplicate carbon receipt (DCR) with mutation order Sheet. Up to date “Non encumbrance certificate” for 12 years Up to date Land tax Receipt. Up to date Holding tax receipt. Permission from Lessor to mortgagee Approved plan/Layout plan and approval letter by Rajuk/ Concerned Authority Deed of agreement / Allotment letter.

House Construction/ Extension/ Renovation – on private land

Ownership/lease deed of land – original Bia deed for 25 years Recent Survey Report (math parcha duly attested) Mutation parcha CS, SA & RS Parcha Up to date “Non encumbrance certificate” for 12 years Up to date Land tax Receipt Approved plan/Layout plan and approval letter by Rajuk/Authority Proof of Property Insurance

House Construction/ Extension/ Renovation – on government/leased land

Ownership/lease deed of land – original Bia deed for 25 years

Mutation letter from the relevant Govt. Office Up to date Land tax Receipt Permission from Lessor to mortgagee Approved plan/Layout plan and approval letter by Rajuk/Authority Proof of Property Insurance

EBL FastCash

Loan amount ranging from minimum BDT 50,000 to maximum BDT 150,000 (or 10 times of gross monthly income)

Easy Cash in your pocket!

EBL FastCash is a revolving credit facility of Eastern Bank Limited. Through EBL FastCash, you can meet your urgent cash requirements without having to encash your fixed deposit or other securities.

Revolving credit facility

Pre-determined amount of credit from your current account

Interest charged only for the amount you have drawn

Interest charged on quarterly basis

Repayment at anytime during the stipulated period

Option of renewal at your request

Loan Amount ranges from BDT 50,000 to BDT 10 Crore (Maximum 90% of the Present Value of FD)

Any earning individual having an FD or other securities like Wage Earner’s Bond, ICB unit certificate etc is eligible to apply

EBL FastLoan

EBL FastLoan is your personal short term loan facility from Eastern Bank Limited. A fast way to meet your financial needs.

Meet your needs fast!

EBL FastLoan is your personal short term loan facility from Eastern Bank Limited. With this, you can always have your choice to determine the repayment term. A fast way to meet your financial needs.

100% cash secured loan

Repayment tenure of 12 to 60 months

Competetive interest rates

Early full and final settlement allowed

Shortest possible processing time

Loan Amount ranges from BDT 50,000 to BDT 10 Crore (Maximum 90% of the Present Value of FD)

Any earning individual having an FD or other securities like Wage Earner’s Bond, ICB unit certificate etc is eligible to apply

For Interest Rate, Fees and Charges, Click here

EBL Executive Loan

Loan amount ranging from minimum BDT 50,000 to maximum BDT 1,000,000 or 6 times of gross salaryTurn dreams into reality!

We wish for so many things in life be it a little get away from the daily monotony, be it decorating the home, be it securing our childs future by sending her overseas for studies, and so many other things. Wow, there is a chance for you to make these wishes come true. with EBL's Executive Loan by your side, make all the ish factors of your life go vanish.

Loan amount ranging from minimum BDT 50,000 to maximum BDT 1,000,000 or up to 10 times of gross salary, whichever is lower”

Repayment tenure of 12,24,36,48 or 60 months (Maximum)

Early full and final settlement allowed

The Interest rate for Executive loan ranges from 17% to 19%

Any Salaried Executive can apply for the loan

Age : Minimum 22 years, Maximum 60 Years

Professional Experience : 1 years of experience with minimum 6 months of continuous employment with current employer

Joint Applicant is allowed; provided the combined Minimum Gross Income is above 30,000 BDT

Minimum monthly income : BDT Tk. 20,000 for Executives of any private organization BDT Tk. 15,000 for government officials

EBL Auto Loan

EBL FastLoan is your personal short term loan facility from Eastern Bank Limited. A fast way to meet your financial needs.

Drive it now!

Thinking of buying a car? With EBL's exciting Auto Loan offer, don't think anymore........ Drive your dream car home!

Loan amount ranges from BDT 350,000 to BDT 2,000,000 (upto 100% for brand new car and 70% for reconditional car)

Competitive interest rates

Repayment tenure of 12,24,36,48 or 60 months

You have the option of pre-paying your loan after a minimum of 6 months of loan disbursement

Early full and final settlement allowed

Competitive interest rate of 15%

One Personal guarantor Required

Age : Minimum 22 years, Maximum 60 Years

Professional Experience : Salaried Executives: Minimum BDT 30,000/- Gross Monthly Salary Self employed Professional: Minimum BDT 40,000/- Total Monthly Income Business: Minimum BDT 40,000/- Total Monthly Income

Minimum monthly income : Minimum monthly income: BDT Tk. 30,000/month

Only Spouse can be the joint applicant, with total gross salary Minimum 40,000 BDT

EBL TraveLoan

Do you want funds readily available to you whenever you desire to go on a vacation that you plan with family or friend?

Making your travel simple!

Do you want funds readily available to you whenever you desire to go on a vacation that you plan with family or friend? EBL's TraveLoan is the answer to your questions.

TraveLoan - Secured

Loan amount 90% of the security deposit (EBL FD)

Easy Monthly Installment Repayment - 12 months to 60 months

Loan amount Tk. 50,000 - Tk. 500,000

Processing fee - 1% of the loan amount or Tk. 2,000 whichever is higher

Advance/Partial prepayment allowed

Loan disbursement directly to Customer Account

No personal guarantee required

50% processing fee waiver for EBL Dual Currency Credit Cardholder

50% Dual Currency Credit Card Issuance fee waiver for TraveLoan borrowers

TraveLoan - Unsecured

Easy Monthly Installment Repayment - 12 months to 60 months

Loan amount Tk. 50,000 - Tk. 500,000 or 10 times of gross monthly income, whichever is lower

Competitive interest rate.

Processing fee - 1% of the loan amount or Tk. 2,000 whichever is higher

Advance/Partial prepayment allowed

50% processing fee waiver for EBL Dual Currency Credit Cardholder

50% Dual Currency Credit Card Issuance fee waiver for TraveLoan borrowers

Disbursement

Secured

Directly to Customer Account with EBL

Unsecured

Loan less than or equivalent to Tk. 200,000 to Customer Account with EBL

Loan above Tk. 200,000 - air ticket fee (including co-traveler) to the travel agency through pay order from EBL; 80% of the remaining loan amount through TC/cash foreign currency endorsement from EBL and balance to Customer Account with EBL in cash.

Additional Supporting Documents

Valid Passport Copy (Mandatory)

Valid Visa of traveling country (for unsecured loan only)

Travel Quotation from travel agent (for unsecured loan only)

EBL Parseloan

There must have been many occasions when you have had some money and needed some more for some specific purpose.

Sharing makes life perfect

There must have been many occasions when you have had some money and needed some more for some specific purpose. EBL Parseloan is the right Product for you, where you give some and we share the rest with you - making life simple for you.

Any purpose personal loan facility

Loan amount BDT 2,00,000 to BDT 10,00,000 or 10 times of Applicant's Gross Monthly Income

EMI based loan repayment facility

Repayment Tenure - 12 months to 60 months

Loan facility for both fresh applications and take-over purpose

Attactive interest on security amount (FD) making the total loan cost minimal

Processing Fee:

» Fresh Loans: 1% of the loan amount

Partial Pre-payment and early final settlement options available

One Personal Guarantor required

Salaried Executives: Minimum 2 year of service and BDT 30,000 monthly Gross income

Professionals/Self Employed: Minimum 2 years of experience and BDT 40,000 monthly Gross income

Businessmen: Minimum 2 years of experience and BDT 40,000 monthly Gross income

Joint application allowed with Spouse only, with Combined income minimum 40,000 BDT

Consumer Deposit Products:

EBL Interesting Account

make banking interesting

Unbelivable and new! Get your savings account interest monthly instead of waiting for 6 long months! It's truly "interesting" - a complete solution for earning interest every month out of a transactional account. Earn it just effortlessly.

Features:Interest calculated on daily balance

Interest is credited to your account every month

Competitive interest rate

Unlimited cash withdrawal

Available in all EBL Branches

No extra terms and conditions

Minimum Age: 18 years

Citizen of Bangladesh

EBL Repeat:

Extra income every month!

Idle cash is certainly not ideal for you. Your money can also breed money with EBL Repeat. EBL Repeat is a term deposit scheme and offers monthly return on you fixed deposit over a certain period. Not only your future is secured but also you earn the highest interest at present. Extra income every month!

Under this scheme, minimum principal amount is Tk. 100,000 (Taka One Lac Only). There is no maximum principal amount limit. Accounts in multiple of Tk. 100,000 (Taka One Lac Only) can be opened.

EBL repeat must be kept for a term of 1 year (12 Months)/ 2 Years (24 Months) / 3 years (36 Months).

EBL Repeat can be opened by EBL Account Holders only.

All payments, principal & interest, shall be paid to the above specified EBL Account only.

In case of early encashment for any of the above tenor, prepaid interest in FD rate will be adjusted from “EBL Repeat” principal amount.

Depositor has to pay income tax or any other tax the government may fix from time to time, as applicable.

A system-generated advice will be provided to the depositor which is non – transferable.

If there is any loan in the name of the depositor(s) with EBL, then EBL shall have the right to adjust the loan amount from the deposit, which has been deposited by the Account Holder under the scheme of EBL Repeat.

EBL Repeat Account Holders may take OD facility against EBL Repeat account (maximum 90% of the value).

Unless prior written notice is received by the Bank, the Bank will automatically renew the deposit for the same period on the maturity date at the prevailing rate of interest.

EBL High Performance Account

You gain more simply!

EBL high performance account is committed to make a difference. You will see your money grow everyday. This account has the security and growth of a Savings account as well as the convenience of a current account-making things easier for you.

Features:Interest calculated on a daily balance

Minimum balance required: BDT 20,000

Unlimited cash withdrawal

Highest interest rate compared to other similar accounts

Available in all branches of EBL

No extra terms and conditions apply

Interest is paid twice a year

Eligibility:

Minimum Age: 18 years

Citizen of Bangladesh

EBL Secure DPS

Maturity Value | Guaranteed

EBL Secure DPS - for the first time in Bangladesh - EBL offers a monthly savings scheme with life Insurance protection that guarantees the maturity value even if you decease after depositing only a single installment. So if you are planning to save from

your hard earned income and want the return to be guaranteed - open an EBL Secure DPS today

EBL Secure – Deposit Protection Scheme is a monthly savings scheme which is an unique one and gives the opportunity of saving money for the future as well as assures that in case of sudden demise of the depositor his/her family gets the much needed financial support. EBL Secure DPS is such a product that ensures both savings and security for a depositor.

Under the scheme, a depositor can save Tk. 500 up to a maximum of Tk. 13,000 per month for a period of 5 years. The monthly installments have built in life insurance coverage which assures the maturity value of the deposit in case of depositor’s death due to any cause (excluding pre-existing illness/disability, AIDS, suicide, murder or assault, war or warlike operation etc.). Other than insurance coverage on the maturity value – EBL Secure DPS offers very attractive interest rates on the deposits made. For example – by depositing Tk. 3,000 per month a person can get a return of Tk. 221,838 at the end of 5 years (60 monthly installments). And if the depositor dies anytime during the DPS period - even after depositing a single installment – EBL shall pay back the full maturity value of Tk. 221,838 subject to fulfillment of Insurance requirements. The monthly installments of the DPS has built-in insurance premium. World's leading insurer American Life Insurance Company is providing the life insurance coverage in EBL Secure DPS.

Information that we should know

The name of the scheme is "EBL Secure – Deposit Protection Scheme".

EBL Secure DPS is a monthly recurring savings scheme with full maturity value insured in case of death of the depositor due to any cause (excluding Pre-existing conditions/disability, Suicide, AIDS, assault or murder, war or warlike situation etc. details of which is available in the master group insurance policy).

Any citizen of Bangladesh aged 18-55 years can open this account.

This account can be opened in the name of an Individual only.

To open EBL Secure, the applicant must have a Current/Savings account at EBL.

Under this scheme, accounts can be opened for a period of 5 Years (60 monthly installments) only.

Monthly installments can be opened in any denomination of Tk. 500 per month but not exceeding Tk. 13,000 per month in total.

A person can open multiple deposit schemes but the total monthly deposit shall not exceed Tk. 13,000 per month.

Depositor can choose any denomination of deposit per month at the time of opening the scheme which can not be changed later on.

Any benefit from EBL Secure my come under purview of income tax or any other levy as decided by the Government of Bangladesh.

Monthly installments will be automatically realized from the customer’s personal EBL account linked with EBL Secure.

The deduction of the monthly installments will start from the day of opening EBL Secure and all subsequent installments will be deducted on the same day of following months.

If sufficient balance (full value of installment) is not available in the corresponding account of the applicant for realizing monthly installment in time, accountholder will have to pay @2% installment arrear(s) at the time of realization of the next installment.

If three consecutive monthly installments are not paid – then the scheme will be closed and the account value will be transferred to customer CASA deducting necessary insurance fees and taxes.

In-case of pre-mature closure of EBL Secure, Tk. 1,000 (One Thousand Only) will be charged as Closing Fee.

If there is any loan in the depositor with EBL, then EBL holds the right to adjust the loan amount from the deposit which has been deposited by the EBL Secure accountholder for deposit under the scheme of EBL Secure.

EBL has entered into an agreement with American Life Insurance Company, Bangladesh where EBL Secure DPS maturity value is assured; the depositor shall be bound by the terms and conditions stated in the master group insurance policy and EBL shall not be liable for any claim declined by American Life Insurance Company, Bangladesh.

EBL Confidence

Your small savings become BIG!

See the magic of turning your monthly small amount of savings into a large amount over a period. You have the option to select the time and the amount of deposit as per your requirement. A perfect investment scheme to boost your confidence – the EBL Way.

The name of the scheme is “EBL Confidence”

Any citizen of Bangladesh can open this account. This account can be opened in the name of an individual only.

Under the scheme account(s) can be opened for a period of 3 (36 Monthly Installments) / 5 (60 Monthly Installments) / 7 (84 monthly installments) / 10 (120 Monthly Installments) years in any denomination at multiple of Tk. 500.00 per month but not exceeding Tk. 20,000.00 per month.

Depositor can choose any denomination of deposit per month at the time of opening the scheme, which cannot be changed later on.

The rates of interest are: for 3 years: 9.00% per annum; for 5 years: 9.50% per annum; for 7 years: 9.50% per annum; for 10 years: 9.50% per annum.

Any benefit from EBL confidence may come under purview of Income Tax of any other levy as decided by the government of Bangladesh.

Monthly installments will be automatically realized from the Customer's Personal EBL account linked with EBL Confidence.

Deduction of the monthly installments will start from the day of opening EBL Confidence and all subsequent installments will be deducted on the same day of following months. Sufficing available/cleared fund must be kept in the linked account on or within next three days of due date to collect the deposits.

If sufficient balance (full value of installment) is not available in the corresponding account for realizing monthly installment in time, Account Holder will have to pay @ 2% on the installment arrear(s) as penalty.

In the event of failure to pay monthly installment(s) on or within next three days of the due date, it will be the sole responsibility of the EBL confidence Account Holder to settle the arrear installment(s) before or along with the next deposit due through a written instruction to EBL.

If any monthly installment remains unpaid for four consecutive months, the account will be closed automatically.

In case of premature closure of the account Tk. 300 (Taka three Hundred Only) will be charged as closing charge.

In case of premature closure, the following will be applicable; Less than 1 year: self deposited amount without interest;

More than 1 year but less than 3 years: self deposited amount plus interest @ prevailing savings account interest rate;

More than 3 years but less than 5 years: matured value of 3 years plus interest @ prevailing savings account interest rate on self deposited amount for fraction period;

More than 5 years but less than 7 years: matured value of 5 years plus interest @ prevailing savings Account interest rate on self deposited amount for fraction period;

More than 7 years but less than 10 years: matured value of 7 years plus interest @ prevailing savings account interest rate on self deposited amount for fraction period.

If there is any loan in the name of the depositor with EBL, then EBL holds the right to adjust the loan amount from the deposit which has been deposited by the by the EBL confidence Account Holder for deposit under the scheme of EBL Confidence.

These terms and conditions shall be governed by and construed in accordance with the laws of Bangladesh and the customer and the Bank is hereby irrevocably submit to the non-exclusive jurisdiction of the Courts of Bangladesh.

EBL reserved the right to change/alter/ratify the terms and conditions at any time without prior notice.

EBL Savings Plus Account

Savings Account Never Been So Yummy !

A unique savings account that maximizes your savings with ease of transactions.

Features:

Up-to 9% interest!

Quarterly interest.

Free Visa Debit Card.

50% waiver on first year fee of Platinum Card.

2 free pay Orders (per month).

50% discount on processing fee of any student file

50% waiver on first year locker fee.

No restriction on withdrawals or deposits.

Eligibility:

Minimum age: 18 years

Citizen of Bangladesh

EBL Corporate Banking

EBL Corporate Banking provides financial products & services reaching the country’s growing corporate base. With our expertise and dedication we, at EBL Corporate Banking, aim to provide the best possible services to our customers and with that in mind, we have proved ourselves to be one of the leading bank in helping clients to achieve success in every business endeavor they have.

In addition to traditional industries like RMG, Steel, Pharmaceuticals, Textiles, Ship Breaking & Trading sector; EBL has enhanced its footprints into Packaging, Food, Power, Construction, Aviation, Glassware, Edible Oil Refinery, Healthcare, Renewable Energy, Plastic Polymer, Telecommunications, Ocean-Going Vessel financing, Agri-Business (Poultry, Food Processing), etc.

Our expertise covers areas like Project financing, Trade Financing, Working Capital Financing, etc. Divided into 2 (two) Corporate Banking wings, one in Dhaka and the other in Chittagong, is an integrated & specialized area of the bank, which meets the diverse financial needs of the corporate customers by designing customized and structured solutions for their business.

Prospects and challenges of corporate banking in EBL

Corporate Banking :

Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value. Although it is in principle different from managerial finance which studies the financial decisions of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms.

The discipline can be divided into long-term and short-term decisions and techniques. Capital investment decisions are long-term choices about which projects receive investment, whether to finance that investment with equity or debt, and when or whether to pay dividends to

shareholders. On the other hand, short term decisions deal with the short-term balance of current assets and current liabilities; the focus here is on managing cash, inventories, and short-term borrowing and lending (such as the terms on credit extended to customers).

The terms corporate finance and corporate financier are also associated with investment banking. The typical role of an investment bank is to evaluate the company's financial needs and raise the appropriate type of capital that best fits those needs. Thus, the terms “corporate finance” and “corporate financier” may be associated with transactions in which capital is raised in order to create, develop, grow or acquire businesses.

Capital investment decisions

Capital investment decisions are long-term corporate finance decisions relating to fixed assets and capital structure. Decisions are based on several inter-related criteria.

(1) Corporate management seeks to maximize the value of the firm by investing in projects which yield a positive net present value when valued using an appropriate discount rate in consideration of risk.

(2) These projects must also be financed appropriately.

(3) If no such opportunities exist, maximizing shareholder value dictates that management must return excess cash to shareholders (i.e., distribution via dividends). Capital investment decisions thus comprise an investment decision, a financing decision, and a dividend decision.

The investment decision

Management must allocate limited resources between competing opportunities (projects) in a process known as capital budgeting. Making this investment, or capital allocation, decision requires estimating the value of each opportunity or project, which is a function of the size, timing and predictability of future cash flows.

Project valuation

In general, each project's value will be estimated using a discounted cash flow (DCF) valuation, and the opportunity with the highest value, as measured by the resultant net present value (NPV) will be selected This requires estimating the size and timing of all of the incremental cash flows resulting from the project. Such future cash flows are then discounted to determine their present value .These present values are then summed, and this sum net of the initial investment outlay is the NPV.

The NPV is greatly affected by the discount rate. Thus, identifying the proper discount rate – often termed, the project "hurdle rate" – is critical to making an appropriate decision. The hurdle rate is the minimum acceptable return on an investment—i.e. the project appropriate discount rate. The hurdle rate should reflect the riskiness of the investment, typically measured by volatility of cash flows, and must take into account the project-relevant

financing mix. Managers use models such as the CAPM or the APT to estimate a discount rate appropriate for a particular project, and use the weighted average cost of capital (WACC) to reflect the financing mix selected. (A common error in choosing a discount rate for a project is to apply a WACC that applies to the entire firm. Such an approach may not be appropriate where the risk of a particular project differs markedly from that of the firm's existing portfolio of assets.)

.

Valuing flexibility

In many cases, for example R&D projects, a project may open (or close) various paths of action to the company, but this reality will not (typically) be captured in a strict NPV approach. Management will therefore (sometimes) employ tools which place an explicit value on these options. So, whereas in a DCF valuation the most likely or average or scenario specific cash flows are discounted, here the “flexible and staged nature” of the investment is modelled, and hence "all" potential payoffs are considered. The difference between the two valuations is the "value of flexibility" inherent in the project.

The two most common tools are Decision Tree Analysis (DTA) and Real options valuation (ROV); they may often be used interchangeably:

DTA values flexibility by incorporating possible events (or states) and consequent management decisions. (For example, a company would build a factory given that demand for its product exceeded a certain level during the pilot-phase, and outsource production otherwise. In turn, given further demand, it would similarly expand the factory, and maintain it otherwise. In a DCF model, by contrast, there is no "branching" – each scenario must be modelled separately.) In the decision tree, each management decision in response to an "event" generates a "branch" or "path" which the company could follow; the probabilities of each event are determined or specified by management. Once the tree is constructed: (1) "all" possible events and their resultant paths are visible to management; (2) given this “knowledge” of the events that could follow, and assuming rational decision making, management chooses the branches (i.e. actions) corresponding to the highest value path probability weighted; (3) this path is then taken as representative of project value. See Decision theory#Choice under uncertainty.

ROV is usually used when the value of a project is contingent on the value of some other asset or underlying variable. (For example, the viability of a mining project is contingent on the price of gold; if the price is too low, management will abandon the mining rights, if sufficiently high, management will develop the ore body. Again, a DCF valuation would capture only one of these outcomes.) Here: (1) using financial option theory as a framework, the decision to be taken is identified as corresponding to either a call option or a put option; (2) an appropriate valuation technique is then employed – usually a variant on the Binomial options model or a bespoke simulation model, while Black Scholes type formulae are used less often; see Contingent claim valuation. (3) The "true" value of the project is then the NPV of the "most likely" scenario plus the option value. (Real options in corporate finance were first discussed by Stewart Myers in 1977; viewing corporate strategy as a series of options was

originally per Timothy Luehrman, in the late 1990s.) See also Option pricing approaches under Business valuation.

[edit] Quantifying uncertaintyFurther information: Sensitivity analysis, Scenario planning, and Monte Carlo methods in finance

Given the uncertainty inherent in project forecasting and valuation,[8][10] analysts will wish to assess the sensitivity of project NPV to the various inputs (i.e. assumptions) to the DCF model. In a typical sensitivity analysis the analyst will vary one key factor while holding all other inputs constant, ceteris paribus. The sensitivity of NPV to a change in that factor is then observed, and is calculated as a "slope": ΔNPV / Δfactor. For example, the analyst will determine NPV at various growth rates in annual revenue as specified (usually at set increments, e.g. -10%, -5%, 0%, 5%....), and then determine the sensitivity using this formula. Often, several variables may be of interest, and their various combinations produce a "value-surface",[11] (or even a "value-space",) where NPV is then a function of several variables. See also Stress testing.

Using a related technique, analysts also run scenario based forecasts of NPV. Here, a scenario comprises a particular outcome for economy-wide, "global" factors (demand for the product, exchange rates, commodity prices, etc...) as well as for company-specific factors (unit costs, etc...). As an example, the analyst may specify various revenue growth scenarios (e.g. 0% for "Worst Case", 10% for "Likely Case" and 20% for "Best Case"), where all key inputs are adjusted so as to be consistent with the growth assumptions, and calculate the NPV for each. Note that for scenario based analysis, the various combinations of inputs must be internally consistent (see discussion at Financial modeling), whereas for the sensitivity approach these need not be so. An application of this methodology is to determine an "unbiased" NPV, where management determines a (subjective) probability for each scenario – the NPV for the project is then the probability-weighted average of the various scenarios. See First Chicago Method.

A further advancement which "overcomes the limitations of sensitivity and scenario analyses by examining the effects of all possible combinations of variables and their realizations." [12] is to construct stochastic[13] or probabilistic financial models – as opposed to the traditional static and deterministic models as above.[10] For this purpose, the most common method is to use Monte Carlo simulation to analyze the project’s NPV. This method was introduced to finance by David B. Hertz in 1964, although it has only recently become common: today analysts are even able to run simulations in spreadsheet based DCF models, typically using a risk-analysis add-in, such as @Risk or Crystal Ball. Here, the cash flow components that are (heavily) impacted by uncertainty are simulated, mathematically reflecting their "random characteristics". In contrast to the scenario approach above, the simulation produces several thousand random but possible outcomes, or trials, "covering all conceivable real world contingencies in proportion to their likelihood;" [14] see Monte Carlo Simulation versus “What If” Scenarios. The output is then a histogram of project NPV, and the average NPV of the potential investment – as well as its volatility and other sensitivities – is then observed. This histogram provides information not visible from the static DCF: for example, it allows for an estimate of the probability that a project has a net present value greater than zero (or any other value).

Continuing the above example: instead of assigning three discrete values to revenue growth, and to the other relevant variables, the analyst would assign an appropriate probability distribution to each variable (commonly triangular or beta), and, where possible, specify the observed or supposed correlation between the variables. These distributions would then be "sampled" repeatedly – incorporating this correlation – so as to generate several thousand random but possible scenarios, with corresponding valuations, which are then used to generate the NPV histogram. The resultant statistics (average NPV and standard deviation of NPV) will be a more accurate mirror of the project's "randomness" than the variance observed under the scenario based approach. These are often used as estimates of the underlying "spot price" and volatility for the real option valuation as above; see Real options valuation: Valuation inputs. A more robust Monte Carlo model would include the possible occurrence of risk events (e.g., a credit crunch) that drive variations in one or more of the DCF model inputs.

The financing decision

Achieving the goals of corporate finance requires that any corporate investment be financed appropriately.[15] The sources of financing are, generically, capital self-generated by the firm and capital from external funders, obtained by issuing new debt and equity (and hybrid- or convertible securities). As above, since both hurdle rate and cash flows (and hence the riskiness of the firm) will be affected, the financing mix will impact the valuation of the firm (as well as the other long-term financial management decisions). There are two interrelated considerations here:

Management must identify the "optimal mix" of financing—the capital structure that results in maximum value.[16] (See Balance sheet, WACC, Fisher separation theorem; but, see also the Modigliani-Miller theorem.) Financing a project through debt results in a liability or obligation that must be serviced, thus entailing cash flow implications independent of the project's degree of success. Equity financing is less risky with respect to cash flow commitments, but results in a dilution of share ownership, control and earnings. The cost of equity is also typically higher than the cost of debt (see CAPM and WACC) - which is, additionally, a deductible expense - and so equity financing may result in an increased hurdle rate which may offset any reduction in cash flow risk.[17]

Management must attempt to match the long-term financing mix to the assets being financed as closely as possible, in terms of both timing and cash flows. Managing any potential asset liability mismatch or duration gap entails matching the assets and liabilities respectively according to maturity pattern ("Cashflow matching") or duration ("immunization"); managing this relationship in the short-term is a major function of working capital management, as discussed below. Other techniques, such as securitization, or hedging using interest rate- or credit derivatives, are also common. See Asset liability management; Treasury management; Credit risk; Interest rate risk.

Much of the theory here, falls under the umbrella of the Trade-Off Theory in which firms are assumed to trade-off the tax benefits of debt with the bankruptcy costs of debt when making their decisions. However economists have developed a set of alternative theories about financing decisions. One of the main alternative theories of how firms make their financing decisions is the Pecking Order Theory (Stewart Myers), which suggests that firms avoid

external financing while they have internal financing available and avoid new equity financing while they can engage in new debt financing at reasonably low interest rates. Also, Capital structure substitution theory hypothesizes that management manipulates the capital structure such that earnings per share (EPS) are maximized. An emerging area in finance theory is right-financing whereby investment banks and corporations can enhance investment return and company value over time by determining the right investment objectives, policy framework, institutional structure, source of financing (debt or equity) and expenditure framework within a given economy and under given market conditions. One of the more recent innovations in this are from a theoretical point of view is the Market timing hypothesis. This hypothesis, inspired in the behavioral finance literature, states that firms look for the cheaper type of financing regardless of their current levels of internal resources, debt and equity.

The dividend decision

Whether to issue dividends,[18] and what amount, is calculated mainly on the basis of the company's unappropriated profit and its earning prospects for the coming year. The amount is also often calculated based on expected free cash flows i.e. cash remaining after all business expenses, and capital investment needs have been met.

If there are no NPV positive opportunities, i.e. projects where returns exceed the hurdle rate, then – finance theory suggests – management must return excess cash to shareholders as dividends. This is the general case, however there are exceptions. For example, shareholders of a "growth stock", expect that the company will, almost by definition, retain earnings so as to fund growth internally. In other cases, even though an opportunity is currently NPV negative, management may consider “investment flexibility” / potential payoffs and decide to retain cash flows; see above and Real options.

Management must also decide on the form of the dividend distribution, generally as cash dividends or via a share buyback. Various factors may be taken into consideration: where shareholders must pay tax on dividends, firms may elect to retain earnings or to perform a stock buyback, in both cases increasing the value of shares outstanding. Alternatively, some companies will pay "dividends" from stock rather than in cash; see Corporate action. Today, it is generally accepted that dividend policy is value neutral – i.e. the value of the firm would be the same, whether it issued cash dividends or repurchased its stock (see Modigliani-Miller theorem).

Working capital management

Decisions relating to working capital and short term financing are referred to as working capital management.[19] These involve managing the relationship between a firm's short-term assets and its short-term liabilities. In general this is as follows: As above, the goal of Corporate Finance is the maximization of firm value. In the context of long term, capital investment decisions, firm value is enhanced through appropriately selecting and funding NPV positive investments. These investments, in turn, have implications in terms of cash flow and cost of capital. The goal of Working Capital (i.e. short term) management is therefore to ensure that the firm is able to operate, and that it has sufficient cash flow to

service long term debt, and to satisfy both maturing short-term debt and upcoming operational expenses. In so doing, firm value is enhanced when, and if, the return on capital exceeds the cost of capital; See Economic value added (EVA).

Decision criteria

Working capital is the amount of capital which is readily available to an organization. That is, working capital is the difference between resources in cash or readily convertible into cash (Current Assets), and cash requirements (Current Liabilities). As a result, the decisions relating to working capital are always current, i.e. short term, decisions. In addition to time horizon, working capital decisions differ from capital investment decisions in terms of discounting and profitability considerations; they are also "reversible" to some extent. (Considerations as to Risk appetite and return targets remain identical, although some constraints – such as those imposed by loan covenants – may be more relevant here).

Working capital management decisions are therefore not taken on the same basis as long term decisions, and working capital management applies different criteria in decision making: the main considerations are (1) cash flow / liquidity and (2) profitability / return on capital (of which cash flow is probably the most important).

The most widely used measure of cash flow is the net operating cycle, or cash conversion cycle. This represents the time difference between cash payment for raw materials and cash collection for sales. The cash conversion cycle indicates the firm's ability to convert its resources into cash. Because this number effectively corresponds to the time that the firm's cash is tied up in operations and unavailable for other activities, management generally aims at a low net count. (Another measure is gross operating cycle which is the same as net operating cycle except that it does not take into account the creditors deferral period.)

In this context, the most useful measure of profitability is Return on capital (ROC). The result is shown as a percentage, determined by dividing relevant income for the 12 months by capital employed; Return on equity (ROE) shows this result for the firm's shareholders. As above, firm value is enhanced when, and if, the return on capital, exceeds the cost of capital. ROC measures are therefore useful as a management tool, in that they link short-term policy with long-term decision making.

Management of working capital

Guided by the above criteria, management will use a combination of policies and techniques for the management of working capital.[20] These policies aim at managing the current assets (generally cash and cash equivalents, inventories and debtors) and the short term financing, such that cash flows and returns are acceptable.

Cash management. Identify the cash balance which allows for the business to meet day to day expenses, but reduces cash holding costs.

Inventory management. Identify the level of inventory which allows for uninterrupted production but reduces the investment in raw materials – and minimizes reordering costs – and hence increases cash flow. (Note that "inventory" is usually the realm of operations management: given the potential impact on cash flow, and on the balance sheet in general, finance typically "gets involved in an oversight or policing way".[21]:714) See Supply chain management; Just In Time (JIT); Economic order

quantity (EOQ); Dynamic lot size model; Economic production quantity (EPQ); Economic Lot Scheduling Problem; Inventory control problem; Safety stock.

Debtors management. There are two inter-related roles here: Identify the appropriate credit policy, i.e. credit terms which will attract customers, such that any impact on cash flows and the cash conversion cycle will be offset by increased revenue and hence Return on Capital (or vice versa); see Discounts and allowances. Implement appropriate Credit scoring policies and techniques such that the risk of default on any new business is acceptable given these criteria.

Short term financing. Identify the appropriate source of financing, given the cash conversion cycle: the inventory is ideally financed by credit granted by the supplier; however, it may be necessary to utilize a bank loan (or overdraft), or to "convert debtors to cash" through "factoring".

Corporate banking is the milestone in the banking sector. In corporate banking all corporate clients have listed into the banks portfolio. To be a corporate client all institutions have to open an account in the bank and then the company can start banking by opening LC, draw money and do all other finance related issues.

Strategy: Leveraging strong client relationships and continued focus on enhancing client servicing capability at the operational level.

Priorities:

1) Providing the best services to our corporate customers by improving our internal process & enhanced employee capability. 2) Maximizing corporate portfolio in coming days intensifying cross selling and by selectively channelling credit to new customers in promising segments. EBL footprints further to be enhanced into packaging foods, Power, Construction, Aviation, Glassware, Edible Oil Refinery, Healthcare, Renewable Energy, Telecommunications, Plastic Polymer, Agri- Business etc.

3) Putting more & more efforts to explore new avenues for low cost deposits; including different multilaterals.

4) Maintaining NPLs at an acceptable level.

Financial Highlights:

a) Loans & advances: In corporate banking loan is the prime product to sell. In recent times EBL got 36% growth on loans and advances and earned 60,536 million taka profit on 76% of total loan. Corporate customers are the focused group where corporate banking provides finance.

b) Deposits: EBL have 22% deposits which is 23,887 million taka. It has the highest deposit among all national banks. The deposits are the key source of giving loans to the borrower.

c) Total revenue: Corporate branch have the goodwill to give uppermost profit in EBL and last year this branch gave 60% profit amongst other branches. Total revenue is 41%. It’s the maximum stake to establish a brand in a financial sector.

d) Asset quality: EBL have the 1.30% asset which helps the bank to refinance in other sectors for earning maximum return.

Operational Highlights:

Launched emerging corporate aiming to cater the “Missing Middle” of the industry. Launched Trade sales unit to maximize non funded business. Launched one new business relationship team.

EBL corporate banking provides financial products and services reaching the countrys growing corporate base. With the expertise and dedication EBL corporate banking, aim to provide the best possible services to customers and with that in mind, the bank have proved to be one of the leading banks in helping clients to achieve success in every business endeavour they have.

It has eleven relationship units, two product specific solution based units viz. Structured Finance unit & cash management unit, Project finance unit & Customer support unit. SFU is dedicated to providing best structured financial solutions meting varying needs of the clients and CMU aims at providing efficient tools for liquidity management with maximized return for the clients. Project finance unit does vetting of project risks by appraising financial

Corporate Banking

Corporate Relationship Unit

Emerging Corporate

Structured Finance

Trade Sales

Cash Management

Customer Support Unit

International Division

Project Finance Unit

feasibility and viability of the customers projects during the pre-booking stage and also monitors the progress of the project implementation during the post-booking stage. The customer support unit provides support to the relationship units in executing the regular day to day transactions in the accounts of the customers.

Review of Corporate Banking Business:

Although the limited effects of the global financial crisis permeated into Bangladeshi economy, a perceptible sluggishness in the financial services sector was evident during the year 2011 due to high inflation, high government borrowing, controlled money supply to curb import and low forex reserve. This was further exacerbated as repercussions of energy crisis continued to lag during the year.

Given the investment slack, EBL corporate banking opportunely utilized the year under review to revisit and reinforce business processes. In an attempt to further strengthen the existing governance and risk assessment processes the bank analyzed every facet of the corporate and project finance business to improve and incorporate best practices along the procedural system.

Corporate Relationship Unit:

To facilitate the services of the ever growing list of corporate clients, EBL have in place, a number of corporate relationship units in Dhaka and Chittagong. The relationship managers, equipped with efficient management skill and sound knowledge about the industry, are here to provide a full array of corporate banking solutions, ranging from working capital management, cash management, foreign exchange and currency hedging services to trade finance, loans and structured products. They also partner with the Structured Finance Unit & investment banking units to deliver the large project financing and investment banking capabilities to the relationship units. Corporate banking managed to grow its loans & advance base by 36% during the year to BDT 60,536 M at the year end and thereby continued to contribute significant shares in Loans and Advances of the bank.

0

10000

20000

30000

40000

50000

60000

70000

1 2 3 4 5

2007 24,505.00

2008 30,952.00

2009 36,522.00

2010 44,514.00

2011 60,536.00

Figure: Loans & Advances provided to borrowers from 2007-2011

Corporate banking interest income grew by 37% during the year to BDT 6,436 Million mainly riding on increase of yield on loan from 11.50% in 2010 to 12.83% in 2011 along with significant growth in loans and advance.

1 2 3 4 5

Year

2,876.003,804.004,348.004,694.00

6,436.00

2007 2008 2009 2010 20110

1000200030004000

5000

6000

7000

Year

Interest income

Customers of Corporate Branch:

1. STS Holdings2. Energypac popwer generation Ltd.3. Desh energy4. Envoy garments5. Novo Air6. Axiata Bd Ltd.7. Orascom Telecom8. Bangladesh Edible oil

YearInterest income

2007 2,876.00

2008 3,804.00

2009 4,348.00

2010 4,694.00

2011 6,436.00

9. Renata Agro10. Manta Apparels11. Apex pharma And other manufacturing companies who have high amount of sales turn over mostly 100 crore taka. In production sector EBL have financed more than 1000 crore taka for earning highest income.

Products of Corporate Banking:

The foremost product of corporate banking is loans and advances. All loans and advances will be grouped into 4 categories for the purpose of classification, namely- (a) Continuous Loan (b) Demand Loan (c) Fixed Term Loan and (d) Short Term Agricultural & Micro- Credit.

(a) Continuous Loan: The loan accounts in which transactions may be made within certain limit and have an expiry date for full adjustment will be treated as continuous loan. Example- Cash Credit, Overdraft etc.

(b) Demand Loan: The loan that becomes repayable on demand by the bank will be treated as Demand Loan. If any contingent or any other liabilities are turned to forced loan those too will be treated as Demand Loan. Such as: Forced Loan against imported Merchandise, Payment against Document, Foreign Bill Purchased and Inland Bill Purchased etc.

(c) Fixed Term Loan: The loans, which are repayable within a specific time period under a specific repayment schedule, will be treated as Fixed Term Loan.

(d) Time Loan: Within a specific time like 3-4 years the loan amount is repayable with the interest.

(e) Short Term Agricultural & Micro-Credit: Short term Agricultural Credit will include the short term credits as listed under the Annual Credit Programme issued by the Agricultural Credit and Financial inclusion Department of Bangladesh Bank. Credits in the agricultural sector repayable within 12 months will also be included herein.

Ultimate Banking: In corporate banking different signatories have different types of account to operate business and transaction. In EBL corporate most of the corporate clients are manufacturing companies like Envoy garments, Nuvista pharma, Energypac power generation Ltd etc. Manufacturing companies do transactions like –

a) Opening LC to import or export raw materialsb) Borrowing money to give wagec) To establish a new project companies lend moneyd) By borrowing money companies keep the manufacturing cycle strong.

Corporate Banking Units

Business Relationship Units (CBUs)

To facilitate the services to our ever-growing list of corporate clients, we have in place, a number of corporate relationship units in Dhaka and Chittagong. We also have 2 different corporate offices in Dhaka area, considering the ease of reach that we always want to provide our valued clients.

The Relationship managers, equipped with efficient management skill and sound knowledge about the industry, are here to provide a full array of corporate banking solutions, ranging from working capital management, cash management, foreign exchange and currency hedging services to trade finance, loans and structured products. They also partner with our Structure Finance Unit & investment banking Units to deliver the large project financing and investment banking capabilities to our relationship clients.

Customer Support Unit (CSU)

Customer Support Unit assists all relationship teams to analyze and assess financing proposals. Customer Support Unit (CSU) - provides transactional support to corporate customers and works on developing new products. This unit assists Relationship Units in providing day-to-day services/information required by the customers and also monitors the account performance and status.

Day to day transactions of corporate clients are undertaken by CSU under the direct guidance of Relationship Managers in all the 9 relationship units in Dhaka & Chittagong.

Structured Finance Unit

Our Structured Finance unit is the most active structured finance solution provider in the country covering both offshore and onshore solutions. It has come a long way since it started its journey in 2003 and now, one of the best in the market for product structuring, syndication arrangement, trustee services and agency functions.

EBL Structured Finance Unit (SFU) structures syndication finance, equity participations, JV projects, bond issuance, agency arrangements and providing package solution to its customers. The unit within its broad scope of function performs the followings:

Advise and assist for developing an acceptable financing structure.

Contact and involve the Potential Lenders to participate in the facility;

Assist for preparation of an information memorandum, or other written offering materials as required

Co-ordinate with third party consultants and audit firm; answer to lender’s queries;

Advise and assist for negotiating with the Potential Lenders for their approval process

Structuring, documenting, and closing the financing deal and

Assists in process of necessary approvals from the regulators, as and when necessary.

Project Finance Unit

Project Finance Unit (PFU) is a specialized unit comprising of experienced professionals who are expert in conducting the Technical & Financial Feasibility of all types of projects. This unit extends its assistance to all the business units of EBL around the country. PFU does vetting of project risks by appraising financial feasibility and viability of the customers’ projects during the pre-booking stage and also monitors the progress of the project implementation during the post-booking stage. People working in this unit are the very best with experience in the following industries:

Battery Beverage

Bicycle Tyre & Tubes Ceramics

Footwear Glass & Tubes

Home Textiles Power

Melamine Basic Chemical

Ship-Breaking Particle Board

Paper Petro-Chemical

Pharmaceuticals Plastics

Poultry & Feeds Fish Culture & Processing

Steel & Billet Yarn Spinning

ICT Dyeing, Printing & Finishing

Polymer Pipes Electronics & Electrical Appliance

Garments Accessories Food Processing & Products

Ready-mix Concrete Polymer Fabric, Bags & Pipes

RMG – Woven & Knit Renewable Energy (Solar)

International Division

In order to facilitate your Foreign Exchange (FX), Foreign Trade and Other Foreign Currency (FCY) Business and Transactions, we maintain Correspondent Banking Relationship with number of banks at home and abroad. Standard Settlement Instructions (SSI) including Drawing and Telegraphic Transfer (TT) arrangements have been established in all major currencies. Business lines have been established with International Finance Corporation (IFC) and Asian Development Bank (ADB), along with other Global Correspondents.

We have a very special arrangement with Commerzbank, Frankfurt, Germany where third bank charges in different countries have been fixed. Swiss Frank (CHF) business arrangements have been established with Zurcher Kantonalbank (ZKB), Switzerland for multi area supports including Foreign Exchange (FX), Fund Trasfer (FTT), Documentary Credit, Nostro Transactions, Trade Settlements, Confirmation, Guarantee, remittances etc.

New Foreign Demand Draft (FDD) drawing and Foreign Telegraphic Transfer (FTT) arrangements have been established with JP Morgan Chase Bank NA, London for GBP and with JP Morgan AG, Germany for Euro. With due processing with Bangladesh Bank and Saudi Arabian Monetary Agency (SAMA), an unique arrangement has been established with National Commercial Bank (NCB), Saudi Arabia for Hajj Remittance, Umrah Guarantee, FX Business etc. in Saudi Arabian Riyal (SAR). With our continuous efforts to provide efficient and prompt services to our valued clients, we have received award of recognition from International Finance Corporation (IFC), World Bank Group as the "Most Active GTFP Issuing Bank in South Asia.

Cash Management Unit

Companies today find themselves in an increasingly competitive local, regional and global marketplace. Businesses have to focus on staying profitable while managing heightened credit risk and narrowing margins. Keeping in view the challenges of our business environment, EBL has developed a range of Cash Management products and solutions that accelerate inflows, maximize liquidity, reduce credit risks, automate payments and strengthen reconciliation. At EBL our products and services are value added and offer end to end solutions that optimize cash flows and reduce operating costs.

All our solutions are value-added in keeping with the Bank’s strategic vision. EBL Cash Management service is fully scalable to make economic sense to all private and public sector corporations include Govt. agencies.

Investment Banking Unit (IBU):

EBL’s capital market operations are conducted by Investment Banking Unit. IBU capitalizes the huge growth potential therein and diversifies the business to maximize the risk adjusted return. This unit makes investment in the capital markets and contributes towards fee-based income and capital gains by taking acceptable level of risk.

EBL Investment Banking Unit, within a very short span of time, has been active in doing the followings:

Managing own portfolio Participation in Pre-IPO Placements Participation in Book-Building Process Sponsoring Mutual Funds

Trustee Services Acting as Main Banker for IPO Acting as Banker to the Issue Participation in IPO Underwriting

Product & Services:

Corporate Banking Products & Services

Corporate Banking fulfills various banking needs of large Corporate Houses, as well as Financial Institutions & Micro-Credit Organizations. In the process, EBL has gained the confidence of the corporate world and established a unique brand image of sound efficiency and immediate delivery. We are now present in key business districts of the country serving both local and multi-national corporate houses, with ready access to our team of relationship managers, product and sector specialists.

Our product assortment ranges from short term financing of day to day business operations to long term loans for expansion of your business. We work with you to understand your specialized needs and design tailored and structured solutions for your business.

Our products cover the following broad categories:

Industrial and Project Financing

Investments/ Capital Market Services

Transaction services

Trade Services and FX

Deposits & Cash Management Solutions

Regular Credit Products

Short-Term Financing Products: Short term finances helps a customer to utilize the money in a proper way which will give maximum return and enhance the profit margin.

Working Capital Loan

Overdraft (OD)

Letter of Credits – Sight/Usance

Demand Loan

Time Loan

Long Term Financing Products:

Term Loan Financing

Medium Term (Max 5 years)

Long Term (Above 5 Years)

Private Placement of Debt Instruments

Private Placement of Equity

Trade Service Products

Regular Trade Service Products are:

Letter of Credit (Documentary Credit)

Back-to-back Letter of Credit

Shipping Guarantee

Delivery Order

Export LC (Advising & Transfer)

Letter of Guarantee

Import Bill Handling

Export Bill Negotiation/Collection

Import Loan

Letter of Trust Receipt (LTR)

Time Loan

Specialized Trade Service Products are:

EDF loan

OBU Financing

Packing Credit

Demand Loan

Tailor made Structured LC

Syndicated Financing Services

Multi-Bank Products/Services include:

Loan Syndication (offshore & Onshore)

Private Placement of Equity

Project Finance

Trustee and Legal Facilitator

Feasibility Study

Financial/Corporate Advisory Services

We don’t only provide term loans involving local lenders but also arranging Preference Share Subscription, USD Term Loan Syndication, IPFF Fund, Off-Shore Financing, etc for more tailored and competitive products for its valued clients. We offer our low cost Foreign Currency Financing facilities through our networks with different multilaterals and off-shore Credit Agencies and Development Organizations like:

The World Bank Group

Asian Development Bank (ADB)

DEG Germany

FMO

KfW Germany

Cash Management Solutions

Cash Management Solutions:

Payment & Collection Solutions

Bulk Cheque Processing

Utility Bill Collection

Vendor/Salary payment

Cash Pick Up & Delivery

Hajj Remittances processing

Managing IPOs as Lead Bank

Act as Banker to the issue in IPOs

Internet Banking

Automated Cheque Writing Software EBL SME Banking

EBL Nobodoy

Loan for agro based industry, loan amount minimum BDT 2,00000 - maximum BDT 70,00000.

10% interest rate.

To be repaid within maximum 60 months.

Loan repayable in monthly installments.

No security required up to 10 lacs but 50% of the loan amount in the form of fixed deposit is needed for any amount over 10 lacs.

Any successful enterprise minimum 2 years in same or relevant business outside the divisional and Narayangonj city can apply for loan.

Business income to support the proposed loan installment.

Necessary documents of business are required.

Bank account in the name of enterprise or the entrepreneurs.

Tax certificate required.

For details, please contact nearest EBL Branch or SME Center or the following Relationship Officer.

EBL Agrim

Any legal business purpose, loan facility minimum BDT 200,000 – maximum BDT 950,000

No collateral security required

Loan tenure 1 month to 6 months

Single shot payment at maturity but interest will be realized on monthly basis

Partial payment and early payment allowed- no additional fee required

Any successful enterprise with minimum two years in same or relevant business can apply for the loan

Business cash flow to support the proposed loan in one shot

Necessary documents of business required

Bank account in the name of the enterprise or entrepreneurs

Personal guarantee required

EBL Udoy

“EBL UDOY” SME loan facility for developing leather cluster of Dhaka area with single digit interest, 100% Pre-financed by SME Foundation

Features

Loan for Leather goods producer of Dhaka city

Loan amount from Tk1.00 Lac to 10.00 lac

Interest rate is 9% per annum

Loan to be repaid by Equal Monthly Installment

Loan tenor form 6 months to 36 months

No Collateral required

Eligibility *

Any sole proprietorship or partnership firm having 1 year of successful business operation (preferred).

Bank account in the name of the proprietor or his institution

Two guarantors required

Business cash flow must support to the proposed loan amount.

For details, please contact nearest EBL Branch or SME Center or the following Relationship Officer.

EBL Bannijyo

Credit facility up to BDT 20,000,000 to any legitimate import business

Nil margin LC facility

No requirement of land/building mortgage

Post import facility up to 6 months

30%-40% of total limit in the form of FD as collateral required

Over Draft facility to support day to day general expenses

Any legitimate business with three years of operation and at least one year experience in import business

Necessary import related documents

Business cash flow to support repayment

Monthly instalment

EBL Unnoti

"Unnoti" is a bundle loan product for SME customer having finance against fixed asset and working capital requirement for creditworthy business secured by collateral security (registered mortgage of land & building).

Features

Any legal business purpose bundle loan for SME

Loan amount from BDT 10 Lac to 1 Crore

50% Term Loan and 50% OD facility of total loan limit

Maximum tenor for Term Loan is 60 months and Overdraft for 12 months*

Collateral security required along with charge on business assets

Flexibility in loan usage, interest would be charged on utilization amount only

Lowest interest rate in the market

Nominal loan processing fee only

Eligibility

Any sole proprietorship, partnership or limited companies having minimum 2 years of successful business operation

Business cash flow must support to the proposed loan amount

Repayment

Term Loan is repayable by Equal Monthly Installments

Regular transaction in OD account is desired and quarterly interest must be served immediately after quarter end.

EBL Uddog

Any legal business purpose, loan minimum BDT 6,00,000 – maximum BDT 50,00,000

Without land/building mortgage

To be repaid within maximum 60 months.

Loan repayable in monthly installments

50% of the loan amount in the form of fixed deposit is needed.

Any successful enterprise minimum one and a half years in same or relevant business can apply for loan.

Business income to support the proposed loan installment

Necessary documents of business are required

Bank account in the name of enterprise or the entreprenuers.

EBL Subidha

Minimum account opening amount BDT 100,000

Minimum deposit requirement for interest earning BDT 100,000

Daily interest bearing and half-yearly interest paying account

Free Monthly Statement for the Current Account and Free Half-yearly Statement for the Shubidha Account

No Ledger Fee if the Shubidha Account average balance is BDT 100,000 or more; incase of amount less than that a semi-annual ledger fee of BDT 300 will be applicable

24-hour money withdrawal facility at any VISA ATM

No Intercity Transaction Fee Up to BDT 10,00,000

Any EBL Branch Banking Facility

Internet Banking facility

Evening banking facility at selected EBL branches - you can deposit and withdraw money from 6 p.m. to 8 p.m. at these branches

Any legitimate business entity - sole proprietorship, partnership or private limited company, with valid trade license and other documents as per Bangladesh Bank requirements, can open EBL Shubidha.

EBL Mukti

Credit facility up to BDT 300,000 (three lac) in any legitimate business

No requirement of land/building mortgage

Yearly interest rate is 10%, which is the lowest in the country

Repayable in 18 months

Facility is only for Women Entrepreneurs

Any legitimate business with at least two years of operation

Business Cash Flow to support repayment

Monthly instalment

EBL Krishi Rin

Agriculture is one of the prime driving force of Bangladesh economy. In order to ensure loan in agricultural sector, EBL is introducing 'EBL Krishi Rin’ facilities for the farmers without any collateral & zero processing fee.

Loan for Individual Farmers/Share Cropper who are directly engaged crop cultivation.

Loan Limit Minimum BDT 10,000.00 and Maximum BDT 1,50,000.00

Loan may be given for one time or revolving basis.

Repayment depends on harvesting of the crops.

No collateral required.

No loan processing fee

Any individual Bangladeshi farmer/share cropper has minimum 1 year experience in farming can apply for the loan

Loan will be extended up to 15 bighas cultivable land owners/7.5 bighas for potato & sugarcane

Repayment tenor minimum 3 months and maximum 12 months

SME Double Return

"SME Double Return" is a fixed deposit product designed for SME Clients. The interest is paid to the customer only upon the account’s maturity where the deposited amount of FD will be just double (Govt. tax, Excise duty etc. on interest is applicable) after the maturity period.

Features

Minimum Opening Amount BDT 100,000.00(One lac) only, No upper ceiling for Maximum Amount.

Amount will be double after 6 years on maturity.

Auto renewal allowed further for 1 term (6 years) after maturity.

85% SOD facility of deposited amount is available within 1 year and 95% after 1 year.

Can be used as security for SME Loan products

Eligibility to open this account

Any SME client having valid trade license for proprietorship, partnership and public limited liability company can open this account

In case of Sole proprietorship, sole proprietor declaration is required

Copy of National ID/Passport/Driving license in the name of signatories is required.

Any other legal documents as per regulatory requirement.

EBL Asha

Any business purpose loan from Tk. 200,000 to Tk. 990,000

To be repaid within maximum 24 months (Next loan is repayable within 60 months)

No requirment for collateral security

Loan repayable in equal monthly installment

Any sole proprietorship, or private limited companies having minimum 1.5 years of successful business operation

Monthly cashflow to support the proposed loan installment

2 personal guarantee

EBL Uddam

Any legal business purpose, loan amount minimum BDT 10 Lacs to maximum BDT 50 Lacs

Without land/building mortgage

50% of the loan amount in the form of fixed deposit is required

To be repaid within maximum 48 months

50% loan repayable in monthly installments and rest 50% overdraft

Overdraft facility when necessary

Any successful enterprise minimum 2 years in same or relevant business can apply for loan

Business income to support the proposed loan Installment

Necessary documents to business are required

Bank account in the name of enterprise or the entrepreneur

Easy equal monthly installments

Interest only on withdrawal amount

SME Banking Products (Loan)

Interest rate 13% per annum

Limit amount maximum BDT 5 crore

Accepted invoice from list of buyers/debtors including EBL's Corporate Clients, MNCs, Multilateral Agencies, Banks, NBFIs Insurance Companies, NGOs

SME Equity Builder

“SME Equity Builder” from Eastern Bank Ltd. is designed for the Small and Medium sector businesspersons as an exclusive savings scheme. This SME Equity Builder Account is linked with your Current Account that gives you higher return of your monthly savings at the maturity.

Features

Minimum installment amount BDT 500 and maximum BDT 50,000

Tenor 5 years (60 months)

Higher interest rate compare to other savings scheme in the market

Pre-mature encashment is allowed anytime*

One enterprise can open multiple EBL SME Equity Builder account

90% SOD facility of the present value of the deposited amount*

Free monthly statement for the Current Account and free half yearly statement for the SME Equity Builder Account

It's easy, simple and smart savings scheme from your monthly business income where you can build your business equity

Any legitimate business entity-sole proprietorship, partnership or private limited company, with valid Trade License and other documents as per Bangladesh Bank requirements, can open EBL SME Equity Builder

EBL Matribhumi:

EBL Shonchoy

NRB Banking

EBL Shonchoy is a daily interest bearing and monthly interest paying taka savings account for the Global Bangladeshis. The Account is aimed to help NRBs saving their hard earned money in local currency for a secured future. All you need to do is send the money directly to your EBL Account and it will be there for you growing.

Eligibility

Any Non Resident Bangladeshi is eligible to open EBL Shonchoy Savings account.

He/ She should have legal residence and work permit.

Income to be confirmed by employer and in case of self employment, nature of business to be mentioned.

18+ years of age

Minimum Initial Deposit

Tk.1,000 during opening but at least BDT 5,000 must be credited to the account within 60 days of opening through remittance; else the account will be closed.

Rate Of Interest & Calculation

Rate of Interest @5% p.a. accrued daily and paid monthly basis; Interest will be calculated on daily balance of the account. If EOD balance of the accounts falls below Tk. 10,000/-, no interest will be paid for that day.

Individual/ Joint Applicant

The account can be opened jointly subject to the Non Resident being the sole operator or jointly by the Non Resident and Resident.

Identification Documentation

Regular Identification documents along with attested Passport photocopy & attested Photocopy of the valid work permit/employment visa.

Debit Card

Local Currency Debit Card will be issued for the Account Operator.

Internet Banking

Internet Banking facility available for 24x7 banking access TOT easy monitoring of the account.

Utility Bill Payment

Payment of Utility Bills through Internet Banking facility.

Fees & Charges

Half Yearly Ledger Fee BDT 250

Debit Card issuance and renewal fee BDT 100

EBL Global

NRB Banking

EBL Global is an FCY current account which can be opened in USD/GBP/Euro/Yen without restriction on transaction frequency. The account can be operated by the mandate by the account holder. Account fund remains in foreign currency and is freely remittable in abroad and encash in Bangladesh in local Currency.

Key Features

Deposit can be made in foreign currency only (cash, TC or Drafts or transfer from other FCY account and during temporary visit to Bangladesh by account holders, subject to proper declaration)

Cash withdrawal facility from the account is in local currency in Bangladesh

Payments may be made freely abroad from these foreign currency accounts to the extent of balances lying therein

Global VISA debit card against account balance is issued -can be used anywhere in the world; local expenses to be settled in FCY.

Fund can be used to make investment in Wage Earners' Development Bond/NFCD term deposits.

Account balance is freely remittable.

Eligibility

Bangladesh Nationals residing abroad

People of Bangladeshi Origin

Foreign firms registered abroad and operating in Bangladesh

Foreign missions and their expatriate employees.

In case of individual accounts - age 18+ years

Minimum Initial Deposit

USD 500 or equivalent GBP/EURO/YEN minimum

Individual/Joint Applicant

Customer can open joint account with another Non Resident Bangladeshi (preferably close relatives).

Identification Documents

A certified copy of the valid passport, valid visa and a passport size photograph of the applicant; For Non Resident Bangladeshis holding foreign passport, "No visa Required to travel Bangladesh" should be stamped in passport.

Proof of address (utility bill/bank statement copy etc.)

Proof of income (such as last tax return/employment certificate/contract/recent pay slip)

One copy of passport size photo of the nominee which must be attested on the back by the primary account holder Photocopies of the above documents must be certified/ attested by any reputed International Bank/Notary Public/Bangladesh High Commission overseas.

A Bangladeshi Crew Membfr Of A Foreign Shipping Company Has To Provide

A certified copy of their passport and a passport size photograph (can be certified by a reputed International Bank/ Notary Public/ Bangladesh High Commission overseas)

A certified copy of the original mariner's book with the last port of entry Last work contract, letter from local agent confirming next date of joining vessel or current work contract.

One copy of passport size photo of the nominee (nominee's photo must be attested on the back by the primary account holder) Persons going for Job abroad Persons who are leaving Bangladesh with a job offer can open the account before leaving Bangladesh but no FCY deposit can be taken (zero balance). They will send the remittance after leaving Bangladesh. In such cases the offer letter has to be submitted as proof of income. In such cases VISA debit card and cheque book to be issued after the fund is deposited.

Debit Card

Global VISA Debit Card, which can be used at VISA location worldwide, will be issued for the Individual Accountholders. Cards will be available from June 2009.

Internet Banking

Internet Banking facility available for 24x7 banking access for easy monitoring of the account.

Utility Bill Payment

Payment of Utility Bills through Internet Banking facility.

Fees & Charges

No ledger fee

Minimum balance fee USD 10 half-yearly if balance falls below USD 500

No dormant activation charges

Global Debit card annual charges USD 10

Card replacement fee USD 10

PIN replacement fee USD 10

Closing of Account fee USD 10

Closing of Unsatisfactory Account USD 20

EBL Swadesh Biniyog

NRB Banking

simple solution for NRBs to invest in the capital market of Bangladesh

EBL will provide Non-Resident Bangladeshis (NRBs) the option to subscribe to IPO and also to buy and sell shares in the secondary market through a Beneficiary Owners (BO) account which will be funded by Non Resident Investors Taka Account (NITA). NITA will be held with EBL Bangladesh and the BO account with EBL Securities Limited.

Features

NRBs can subscribe to IPO from anywhere in the world.

NRBs will be able to sell the shares, acquired through IPO, in the secondary market through EBL at their discretion.

NRBs will be able to buy/sell shares in the secondary market at their discretion.

Repatriation of the investment (capital, dividends or investment profit)

Who is eligible?

All Bangladeshi nationals (Bangladeshi passport holders) who are working/living abroad can open NITA.

Foreign passport holders who are originally from Bangladesh are also eligible to open an account.

Required documents – for new customers

The following documents will be required for opening an account:

Completed NITA account form

Completed BO account form

Completed BO account nominee form

Completed Trade account opening form

Power of Attorney

Tripartite Agreement

A certified copy of the valid passport with valid visa

Four copies of passport size photographs of the applicant

Four copies of passport size photos of the nominee which must be attested on the back by the primary account holder

Proof of address (utility bill/bank statement copy etc)

Proof of income (last tax return/employment certificate/contract/recent pay slip)

All the required documents must be in English (if the documents are in other language it has to be translated into English) and also need to be verified and attested by the Bangladesh High Commission or Consulate General's Office (if customer sends the documents from abroad)

If the customer provides the Power of attorney (POA) from abroad, POA has to be notarized by Notary Public and then attested by the Bangladesh High Commission or Consulate General's Office.

If the customer comes to the branches, then customer will provide the POA on Non-judicial Stamp (worth of BDT150.00).

Required documents – for existing customers

For existing NRB FCY/LCY account holders of EBL, the following documents will be required, provided other documents are already in order.

Completed NITA account form

Completed BO account form

Completed BO account nominee form

Completed Trade account opening form

Power of Attorney

Tripartite Agreement

Four copies of passport size photographs of the applicant

Four copies of passport size photos of the nominee which must be attested on the back by the primary account holder

Limitations

Only share related transactions are allowed (apply for IPO, sale of IPO, buy & sell share in the secondary market and inward/outward Remittance)

No debit card and cheque book will be issued against NITA

Non-interest bearing account

Deposit facilities

- Inward remittances (remittance through third party is not allowed) - Transfer from FCY account - Refund warrant of IPO - Sale proceeds of IPO - Sale proceeds of share from the secondary market - Dividend

EBL NFCD

NRB Banking

EBL NFCD (Non Resident Foreign Currency Deposit) Account is an interest bearing time deposit account for Non Resident Bangladeshis which can be opened with foreign exchange for a period of 1/3/6/12 months.

Key Features

The accounts are in the nature of term deposits maturing after one month, three months, six months and one year.

The accounts can be maintained in US dollar, pound sterling, Euro or Japanese yen;

Accounts may be opened against remittances in other convertible currencies after conversion of those.

Eligibility

Any person (individual) willing to open EBL NFCD, must have an FCY Account (EBL Global) with EBL.

Category A: All non-resident Bangladesh nationals and persons of Bangladesh origin including those having dual nationality and ordinarily residing abroad can open interest bearing time deposit accounts named EBL NFCD as per Bangladesh Bank's guidelines on foreign exchange transactions.

Category B: Bangladesh nationals serving with Embassies/High Commissions of Bangladesh in foreign countries as also the officers/staff of the Government/ semi-Government departments/ nationalized banks and employees of body corporate posted abroad or deputed with International and Regional agencies like IMF, World Bank, IDB, ADB etc. during their assignments abroad may open such accounts. Crew members of the Bangladeshi shipping companies are not entitled to open such accounts, but shore staff posted abroad can open such accounts.

Category C: Foreign nationals and companies/firms registered and/or incorporated abroad, banks, other financial institutions including institutional investors and 100% foreign owned (A-Type) industrial units in the Export Processing Zones in Bangladesh, are also allowed to open and maintain NFCD accounts.

Age 18+ for Category A & B

Minimum Initial Deposit

Category A & B: Initially with minimum amount of US$ 1,000 or GBP 500 or equivalent.

Category C: The minimum amount of time deposits in such cases should be US$ 25,000 or its equivalent in GBP, Euro or Japanese yen.

nternship Work Report in EBL

Work report: 1st month work report Prepared CIB summary. Prepared financial statement analysis Visit project of BRAC in Gazipur Term loan poison identifyimg Prepared report of BRAC, ASA and Buro Bangladesh for CRM.

2nd month work report Visit in Manikgonj for Buro Bangladesh Prepared the CIB summary of Shanta Properties Ltd. Assisted to prepare Credit Memorandum for Shanta Properties Ltd. Prepared financial statement analysis for SPL. Prepared CIB summary for T.K group

Prepared CIB summary for Altech Prepared financial statement analysis for Opsonin. Preparing BO report Preparing CIB summary for Opsonin Prepared financial statement analysis for Nuvista Pharma Preparing CIB summary of Envoy group