+17% - Bank Asia Limited

Contents
Bank Profile 3
Vision, Mission & Core Values 4
Our Strengths 5
Board of Directors & Management Team 6
Awards & Accolades 7
Credit Rating & Bank Ranking 7
Why Bank Asia 8
Bank Asia Today 9
Capital Fund, Capital & Shareholding Structure 10
Corporate Structure 11
Financial Highlights 12
SME Sectoral Contribution 13
Sector Wise Assets Distribution of Corporate Finance 13
Islamic Banking 14
International Trade 15
Major Foreign Correspondent Banks 16
Inward Remittance 17
Products & Services 18
Sustainability Banking Operation: Key Highlights 19
Brief Economic, Environmental & Social Performance 20
Sustainable Human Capital 21
Balance Sheet Including Human Capital 22
We Think Global
Bank Asia commenced operation on November 27, 1999 by a group
of successful entrepreneurs of Bangladesh with the basic objective
of bringing high quality service in the banking sector and actively
participating in the growth and expansion of the national economy.
Bank Asia is the only Bank in Bangladesh to acquire the Bangladesh
operation of two foreign banks namely Muslim Commercial Bank
of Pakistan and Bank of Nova Scotia of Canada. Our purpose has
always been to foster industrial, commercial and financial ties
between Bangladesh and foreign countries by trade initiatives and
business ventures.
Thanks to its unremitting efforts and 13 years’ of experience,
Bank Asia today proudly stands among the top rated banks
of Bangladesh with an extensive network of business outlets
comprising of conventional banking branches, islamic windows,
off-shore banking unit, brokerage branches, agricultural branches
and SME centers. And as part of the bank’s commitment to provide
all modern and value added banking service in keeping with the
very best standard in a globalized world.
BANK ASIA LIMITED
Profile
3
corporate outlook
Bank
Vision
o
To have a poverty free Bangladesh
in course of a generation in the new
millennium, reflecting the national
dream.
BANK ASIA LIMITED
o
corporate outlook
4
Mission
o
to participate in the growth and expansion of our national
economy.
To build a society where human
dignity and human rights receive
the highest consideration along with
reduction of poverty.
To assist in bringing high quality service to our customers and
o
To set high standards of integrity and bring total satisfaction to
our clients, shareholders and employees.
o
To become the most sought after Bank in the country, rendering
technology driven innovative services by our dedicated team of
professionals.
Core Values
o
Place customer interest and satisfaction as first priority and
provide customized banking products and services.
o
Value addition to the stakeholders through attaining excellence
in banking operation.
o
Maintain high ethical standard and transparency in dealings.
o
Be a compliant institution through adhering to all regulatory
requirements.
o
Contribute significantly for the betterment of society.
o
Ensure higher degree of motivation and dignified working
environment for our human capital and respect optimal work-life
balance.
o
Committed to protect the environment and go green.
Our
Skilled and dedicated workforce under a group of
dynamic and knowledgeable leaders.
o
Strong integration/bondage among the
employees. Best Health, Safety and Working
Environment for Human Capital.
o
Good corporate image as reflected by
trustworthiness in the market.
o
Own core banking solution. Customization
and scaling through our associate software
development company.
o
Strong presence in trade finance, export and
import.
o
Strong foreign correspondents in international
trade. Relationship with hundreds of financial
institutions worldwide.
o
Strong remittance base and disbursement
channel. Strengthened by largest NGO based
network.
o
Strong asset and capital base.
o
Unique strength in Mobile banking.
o
24 hours real time Online banking. Bulk payment
processing through EFTN.
o
First and only Bangladeshi Bank that provides
Online Payment Gateway Service through Payza.
5
corporate outlook
o
BANK ASIA LIMITED
Strengths
Management
Team
Mr. Md. Mehmood Husain
President and Managing Director
Mr. Aminul Islam
Deputy Managing Director, Chief Operating Officer & Company Secretary
BANK ASIA LIMITED
Mr. Mohammed Roshangir
corporate outlook
6
Deputy Managing Director & Chief Business Officer (Corporate)
Ms. Humaira Azam
Deputy Managing Director & Chief Risk Officer
Mr. Md. Arfan Ali
Deputy Managing Director & Chief Business Officer (SMR)
Mr. Nasirul Hossain
Board of
Senior Executive Vice President & Head of Recovery
Directors
Senior Executive Vice President & Head of Foreign Remittance
Mr. A Rouf Chowdhury, Chairman
Mr. A M Nurul Islam, Vice Chairman
Mr. Mohammed Lakiotullah, Vice Chairman
Ms. Hosneara Sinha, Director
Mr. Mohd. Safwan Choudhury, Director
Mr. Rumee A Hossain, Director
Ms. Farhana Haq Chowdhury, Director
Ms. Naheed Akhter Sinha, Director
Mr. Nafees Khundker, Director
Mr. M Irfan Syed, Director
Mr. Faisal Samad, Director
Mr. Shah Md. Nurul Alam, Director
Ms. Sohana Rouf Chowdhury, Director
Mr. Md. Mehmood Husain
President and Managing Director
Mr. Syed Nazimuddin
Mr. Md. Touhidul Alam Khan, ACMA
Senior Executive Vice President & Head of Corporate Assets and Client Origination
Mr. Mohammad Borhanuddin
Senior Executive Vice President & Head of Internal Control & Compliance
Mr. Md. Abu Bakar Laskar
Senior Vice President & Head of Branch Operations
Mr. Imran Ahmed FCA, CISA
Senior Vice President & Chief Financial Officer
Mr. Md. Zia Arfin
Senior Vice President & Head of International Division
Mr. Mohammad Abdul Qaium Khan
Senior Vice President & Head of Information and Communication Technology
Mr. Mamun Mahmud
Senior Vice President & Head of Human Resources
Mr. Arequl Arefeen
Vice President & Head of Treasury
Mr. Afzalul Haq
Vice President & Head of Islamic Banking
o
o
Champion in
Teletalk 3G Corporate
Free Hit Indoor Cricket
2013
o
o
“Best Banker’s Award” by the District Administration office, Jessore
for significant role in promoting Agricultural activities in Jessore
Region.
Recognized by Bangladesh Bank as one of the Top 10 Commercial
Banks for significant contribution to Green Banking in Bangladesh.
Certificate of Merit from Institute of Cost and Management
Accountants of Bangladesh (ICMAB) for Best Corporate Award
2012.
Certificate of Merit from Institute of Chartered Accountants of
Bangladesh (ICAB) for Best Published Accounts and Reports 2011
2011
o
o
2nd position for Best Published Accounts and Reports 2010 by ICAB
Certificate of Merit award by SAFA for Best Presented Accounts and
Corporate Governance 2010.
Credit
BANK ASIA LIMITED
Accolades
2012
7
Rating
Rating
2013
2012
Long Term
AA3
AA2
Short Term
ST2
ST1
* Rated by Credit Rating Agency of Bangladesh Ltd.
(CRAB) and will remain valid up to June 2014
Bank
Ranking
World Rank 2,745
Country Rank 19
* Rated by Bankers Almanac
corporate outlook
Awards &
BANK ASIA LIMITED
Why
corporate outlook
8
Bank Asia
Local Expertise
Comprehensive and long-standing knowledge of culture,
markets and regulatory framework of Bangladesh.
Strong business and institutional ties.
Focus on Trade Finance
Trade finance is Bank Asia’s single most important line of
business.
Strong record in servicing international trade.
Renowned competence in takling and managing country,
credit and financial risks.
Professional Assistance
From a network of expert advisors based in key locations
across Bangladesh.
Creative Product & Service Development
Provide technology driven modern products & services as
per customer demand.
Particulars
Branch
SME Center
SME/Agri Branch
Islamic Window
ATM Booth (own)
ATM Shared
Male Employee
Female Employee
Foreign Correspondent Banks
Number of Nostro Accounts
Number of Credit Line Arrangement
Number of Brokerage House
Deposits
Loans & Advances
Import
Export
Remittance (Inward)
September 30, 2013
78
06
04
05
81
3,570
1,125
423
776
29
52
1
BDT 122,356 Million
BDT 99,474 Million
BDT 84,569 Million
BDT 54,464 Million
BDT 24,046 Million
9
corporate outlook
Today
BANK ASIA LIMITED
Bank Asia
Capital fund
Total Capital
Capital Adequacy
Million BDT
Capital Structure
September 30, 2013
figure in million
Particulars
BDT
Paid-up capital
6,936.32
86.70
Statutory reserve
3,930.26
49.13
Revaluation reserve
2,668.32
33.35
8.17
0.10
BANK ASIA LIMITED
General reserves
corporate outlook
10
USD
Retained earnings
Total shareholders' equity
466.14
5.83
14,009.21
175.12
Conversion rate used 1 USD equivalent to BDT 80
Shareholding
Structure
September 30, 2013
Description
Sponsors & Directors
General Public
Foreign Investors
Institutions
Non Resident
Bangladeshi
Total
Nos. of
Shareholders
26
17,627
3
437
144
18,237
0.45%
22.16%
48.18%
0.71%
28.50%
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BANK ASIA LIMITED
Corporate
Structure
11
BANK ASIA LIMITED
corporate outlook
12
110,061
92,328
82,819
86,365
Financial
Highlights
Million BDT
Total Assets
Deposits
Loans & Advances
Import
Export
Remittance (Inward)
Operating Profit
ROE
ROA
EPS (BDT)
Yield on Advance
Cost of Deposit
Cost of Fund
Cost of Operation
Spread
Net Interest Margin
Burden Ratio
Capital Adequacy Ratio BASEL-II
September
30, 2013
158,269
122,356
99,474
84,569
54,464
24,046
3,767
8.97%
0.82%
1.28
14.84%
8.85%
11.50%
2.65%
5.99%
2.93%
0.57%
11.92%
2012
2011
2010
140,361 117,729 105,198
110,061 95,131 86,365
92,328 82,819 79,504
106,746 99,414 110,417
66,478 74,794 57,281
32,110 21,776 18,441
5,051
4,041
4,248
7.11% 19.61% 32.12%
0.70%
1.72%
2.22%
1.44
3.65
6.43
15.20% 14.11% 12.72%
9.49%
9.09%
7.15%
12.31% 11.97%
9.23%
2.82%
2.88%
2.08%
5.71%
5.02%
5.57%
3.54%
4.10%
5.21%
0.01% -0.11% -0.37%
13.05% 14.88%
8.11%
SME Sectoral
BANK ASIA LIMITED
Contribution 2012
corporate outlook
13
Sector wise assets
distribution
of Corporate
Finance 2012
BANK ASIA LIMITED
corporate outlook
14
Islamic
Banking
Million BDT
Bank Asia commenced its much acclaimed Islamic
Banking services in 2008 and the Bank has 5
Islamic Banking Windows in Dhaka, Chittagong
and Sylhet divisions.
Separate Islamic Banking Software–HIKMAH to
provide Real-Time Online Banking service from all
of our branches network.
Islamic Banking service desk in every branch under
Salamah Brand.
Separate team of human resources in Islamic
Window and Corporate Office including
Investment/ Credit Risk Management, Investment
Administration, Accounting & Fund Management.
ISR (Income Sharing Ratio) based unique Profit
Distribution System on Mudaraba deposit.
international Trade in
bangladesh
Major Imports
Ready Made Garments
Raw Jute
Agro-Products
Frozen Foods/Fish
Leather Products
Jute Goods
Chemicals
Specialized Textiles
Home Textiles
Footwear
Knitwear
Woven Garments
Beverage Items
Medicine
BANK ASIA LIMITED
Major Exports
15
corporate outlook
Chemicals
Cotton
Yarn
Fertilizer
Textiles and Articles
Iron & Steel
Motor Vehicles
Raw materials
Capital Machineries
Food Grains
Plastics & Rubber Articles
Edible Oil
Major Foreign
Correspondent Banks
BANK ASIA LIMITED
.
corporate outlook
16
Contact
Persons in
International
Division
Mr. Md. Zia Arfin
Sr. Vice President &
Head of International Division
Cell +880 1199866608
Fax: +880 7166179
Email: [email protected]
01. Citibank N.A. New York
02. JP Morgan Chase Bank, New York
03. Canadian Imperial Bank of Commerce,Canada
04. UBAF, France
05. Standard Chartered Bank, New York
06. HSBC, New York
07. Swedbank, Sweden
08. Mashreq Bank PSC, New York
09. HBZ Finance, Hong Kong
10. ICICI Bank, India
11. State Bank of India
12. Zurich Kentonal Bank, Switzerland
13. Unicredito, Italy
Mr. Intekhab Alam Zilani
Asst. Vice President
Cell +880 1712- 659243
Email: [email protected]
Mr. Mynul Ahsan
Sr. Executive Officer
Cell +880 1711-854565
Email: [email protected]
2008
2009
2010
2011
2012
14. Alfa Bank, Ukraine
15. Banca UBAE Spa, Italy
16. Commerz Bank, Germany
17. Wells Fargo Bank, New York
18. National Commercial Bank of Jeddah, KSA
19. Fortis Bank, Netherlands
20. FIM Bank, Dubai
21. Asya Khatilim Bankasi, Turkey
22. Habib American Bank, NY, USA
23. Habib Bank Limited, Pakistan
24. Rabo Bank, Netherlands
25. Saudi Hollandi Bank, KSA
26. Danske Bank, Sweden
27. United National Bank, U.K
28. Deutsche Bank AG, Germany
29. Banca De Sabadell,S A Spain
30. May bank, Malaysia.
31. Bank Al -Falah, Bahrain
32. Credit Suisse, Switzerland
33. BankMuscat, Oman
34. Danske Bank, Sweden
35. United Bank Ltd. Dubai
36. Bank BNP Paribas, Switzerland
37. Banca Populare Di Vodouse, Italy
38. Royal Bank of Scotland, U.K
39. MCB, Colombo, Sri Lanka
40. Sonali Bank Limited, UK.
Bank Asia has the pride to be pioneer in
introducing OPGSP payment service in
Bangladesh. Talented individuals’ hard earned
foreign currencies through Service Export in
non-physical form - which includes Data entry,
Data process, Off-shore IT Service, Software
development, Software customization, Business
process outsourcing etc can now easily bring
their money in Bangladesh through Bank Asia.
BANK ASIA LIMITED
corporate outlook
231
146
1USD = BDT 80
17
Products &
BANK ASIA LIMITED
Services
corporate outlook
18
Consumer Finance
Other Service
Auto Loan
Consumer Durable Loan
Unsecured Personal Loan
House Finance
Loan For Professional
Senior Citizen Support
Credit Card
Different Deposit Account
Internet & Mobile Banking
Central Trade Service
Treasury Service
Repo & Reverse Repo
Swap
Term Placement
Spot/ Forward
Interbank buy/ sell
Sale and Purchase of Treasury
Bill & Bond
Subidha- Unsecured Trading
Sondhi- Secured Trading
Sristi- Unsecured Manufacturing
Sombridhi- Secured Manufacturing
Shofol- Unsecured Service
Sheba- Secured Service
Somadhan – Secured
Utshob- Seasonal Business
Subarno- Women Entrepreneur
Fx- Service
Off-shore Banking Unit
Letter of Credit
Back to Back Letter of Credit
Bank Guarantee
Bill Discounting
Letter of Guarantee
Loan against Trust Receipt
Packing Credit
Treasury & Foreign Currency
Onshore Bill Discounting
Capital Finance
Working Capital Finance
Trade Finance
On-shore Export Bill Discounting
Bill Discounting
SME
Islamic Banking
Deposit Products
Al-Wadiah Current Account (AWCA)
Mudaraba Savings Account (MSA)
Mudaraba Special Notice Deposit
Account (MSNDA)
Mudaraba Term Deposit Account
(MTDA) of different tenure
Mudaraba Hajj Savings Scheme
(MHSS)
Mudaraba Deposit Pension Scheme
(MDPS)
Mudaraba Monthly Profit Paying
Deposit Scheme (MMPPDS)
Smart Junior Saver (SJS)
Investment Products
Bai Murabaha Muajjal
Hire Purchase Shirkatul Melk (HPSM)
Musharaka
Quard against Accepted Bills
Sustainable Banking
Operations : Key
Highlights
(Under GRI-G3.1)
Children got eye sights support through our financial assistance for
vision screening & ophthalmological operations
177,604
Farmers and rural people benefitted financially through our
agricultural/ rural credit
29,064
Man hours of training for development of our human capital
5,000
Households brought under home solar system and disbursed
BDT 171 million rural credit for this purpose
126,046
Sustainability in Bank Asia
means:
o Good Governance and
Commitment to Stakeholders
o Environmental Sustainability
and Green Banking
o Economic Sustainability
o Sustainable Human Capital
o Building the Community
Households of rural and semi-urban areas received remittance of
BDT 3,283.07 million through our NGO networks
453
Students received support for education under Bank Asia’s Higher
Studies Scholarship amounting to BDT 16.91 million
4,000
Rural students imparted in ICT training from Bank Asia financed
Computer learning centers
130,327
E-statements delivered to customer
57%
Cash transactions done through ATM
BANK ASIA LIMITED
Highlights
2012
10,459
19
corporate outlook
Sustainability
report
brief economic
environmental
and Social
Performance
BANK ASIA LIMITED
Economic responsibility
corporate outlook
20
+46% +30% +23% Nos. of loans
Nos. of deposit customer
Nos. of savings customer
Amount in BDT
Instruments
Cost of
Cost of Green
Quantity Conventional
Banking
Practice
Concept
E-Statement
130,327
1,349,645
0
SMS Banking
163,703
1,629,735
43,473
SMS Alert
428,670
2,789,025
115,711
Net Banking
38,637
386,371
0
E Fund Transfer
13,910
139,100
0
445
750
0
62,117
631,920
0
707,482
6,926,546
159,184
Digital Attendance
E Mail corresponding
Environmental responsibility
Total
4,679,790 kwh, Electricity consumed
Oil 41,248 ltrs,
CNG 136,120 m ,
Net Saving BDT 6,767,362
3
Fuel consumed
9,671,058 km, Local business travel
25,404 reams, Paper used
Social responsibility
+17% +17% Staff strength
Benefits and emoluments
Shareholders responsibility
908 Million BDT 13,045 Million BDT
21.50 BDT profit after tax
Shareholders’ fund
Share Price
(Amount in BDT)
sustainable
Human
capital
age distribution
of staff members
are aged below
40 years, which
signifies that Bank
Asia is in young,
dynamic and
capable hands
Male
Female
Total
20-30
345
207
552
31-40
592
204
796
41-50
157
168
51-60
61+
27
4
11
1
0
Total
1,125
423
1,548
Percentage
73%
27%
100%
28
4
talent management
2012
Employees
Male
Female
2011
Number
Training
Hour
Number
Training
Hour
1,229
22,256
827
18,728
315
7,920
359
11,024
21
corporate outlook
87%
Age group
BANK ASIA LIMITED
September 30, 2013
Balance Sheet
Including
Human Capital
BANK ASIA LIMITED
abridged for banking
operation
corporate outlook
22
Million BDT
31-Dec-12
31-Dec-11
Assets
Cash
6,594
7,027
Balance with other banks
3,704
1,636
220
-
Investment
25,115
15,951
Loans & Advances
92,329
82,820
4,520
4,585
9,893
7,837
8
5
7,880
5,711
150,262
125,571
3,825
1,227
600
-
110,062
95,131
Shareholders' equity
13,045
12,479
Human capital
9,901
7,842
Other liabilities
12,829
8,893
150,262
125,571
Money at call & short notice
Fixed Assets
Human Assets:
Individuals' value
Value of investments
Other assets
Total
Capital & Liabilities
Borrowing
Subordinate bond
Deposits
Total
BANK ASIA
SCHOLARSHIP
PROGRAM
FOR POOR
MERITORIOUS
STUDENTS
UNDER CSR