Welcome To Our Presentation

TopicInclusive Development In

Financial Sector Of Bangladesh: After 1971 To Present.

Course Name: Banking Law And Practice Course Code: 209

Md. Sifat Hasan Studying Finance And Banking Jatiya Kabi Kazi Nazrul Islam UniversityTrishal Mymensingh

Prepared By

Name Roll

1. Md.Sifat Hasan 14132622

2. Sanjayu Sutradhur 14132621

3. Md.Badrul Alam 14132613

4. Mahmudul Hasan 14132614

5. MD. Al-Amin 14132615

6. Md.Rasel Mia 14132612

7. Md. Shakhawat Hossain 14132618

8. Shafiqul Islam 14132620

9. Md. Zafor Ikbal 14132619

10. Saddam Hossain 14132616

Profile of the members

Financial System Of Bangladesh

• Formal Sectors

• Semiformal Sectors• Informal Sectors

Types Of Financial Market • Money Market • Capital Market primary & secondary market stock exchange

Dhaka Stock Exchange Chittagong Stock Exchange

• Foreign Exchange Market

Central Bank Schedule Bank • State Owned Commercial Banks• Specialized Banks• Private Commercial Banks

Conventional PCBs Islami Shariah Based PCBs

• Foreign Commercial BanksNon-schedule Bank

Regulation And Institutions

1. Preliminary 2. Establishment, Incorporation,

Capital And Management 3. Business And Function Of The

Bank4. Collection And Furnishing Of

Credit Information 5. General

Important Amendment Of Bangladesh Bank• Capital Maintenance • Mentionable Share Holder • Election Of New Directors• Restrictions On The

Payment Of Dividends

Legal Framework Of Bangladesh Bank

Products And Services Of Conventional Banks

Current Market Situation and Deposit Products• Savings Account / Special

Savings Accounts• Term Deposit Accounts

Deposit ProductsChecking accountsSavings accountsMoney market deposit accountTerm deposit

A. Products 1. Deposit product

2.Investment product 3. Rural development scheme

B. Services • NRB servicers • SME services • Foreign exchange business

services • Locker services

Product and services of Islamic banks

Mudaraba Account Savings Account Term Deposit Account Special Savings (Pension) Account NRB Savings Bond Account Foreign Currency Deposit Account Farmers Savings Account

Al-wadeah accounts

• ATM Banking• Internet Banking• Tele-banking• PC Banking• Debit Point- of-Sale• Mobile Banking• Cards: Credit/Debit Card

• SWIFT• Electronic Fund Transfer (EFT)• The Core Banking Solution

(CBS)• Business Intelligence System• Cross Border Operations• Automated Clearing House

System (ACHS)

E-banking In Bangladesh

Challenges of E-Banking

•Challenges Related to Development of E-Banking•Challenges Regarding ATM Banking•Challenges Regarding Internet Banking•Challenges Regarding Mobile Banking•Challenges Regarding BACH and BEFTN

Recent Developments in Financial Sector of Bangladesh

• Automation and Technological Development• Institutional Development• Regulatory Development

• Islamic banks showing a higher growth day by day.• The money and capital markets were more stable• Macroeconomic conditions of Bangladesh, influencing the

financial system, were mostly favorable

Challenges And Concerns Relating To The Banking Sector And Corporate Sector

Problems regarding banking sector

Problems Regarding Non-bank Financial Institution• Sources of fund• High Cost of fund• Investment in High Risk Portfolio• Poor Capital Market Condition• Competition with Banks• Lack of Human Resource

Participation Of Banks And Financial Institutions In The Economic Development Of

Bangladesh

• Participation of Financial Institutions to our (Bangladesh) GDP• Participation of banking industry in economic developments• Participation in foreign trade• Participation of capital market in the economic development of

Bangladesh

Future Prospect Of Banking Business In Bangladesh

• Banks should be seen investing more in information technology• Improve supervisory capacity of watchdog agencies• Corporate Social Responsibility (CSR) and its adaptability in Banking• Discouraging OTC and encouraging P2PThe Future of Islamic Banking in Bangladesh• Need for Re-organization of the whole financial System• New banking philosophy for the Islamic Banks• Future Policy and Strategy

Conclusion & Recommendations

• Development of human resources should be ensured• Ensure proper communication system•More interest should be paid on deposit account• Project Management’ must be practiced• Time consumed at service level should be minimized• Evaluate customer’s needs from their perspective