Trust Bank Limited

Trust Bank Limited is one of the leading private commercial bank having a spread network of 45 branches and 5 SME center across Bangladesh and plans to open few more branches to cover the important commercial areas in Dhaka, Chittagong, Sylhet and other areas in this year. The bank, sponsored by the Army Welfare Trust (AWT), is first of its kind in Bangladesh. With a wide range of modern corporate and consumer financial products Trust Bank has been operating in Bangladesh since 1999 and has achieved public confidence as a sound and stable bank.

In 2001, the bank introduced automated branch banking system to increase efficiency and improve customer service. In the year 2005, the bank moved one step further and introduced ATM services for its customers.

Since bank’s business volume increased over the years and the demands of the customers enlarged in manifold, its technology has been upgraded to manage the growth of the bank and meet the demands of the customers.

In January 2007, Trust Bank successfully launched Online Banking Services which facilitate Any Branch Banking, ATM Banking, Phone Banking, SMS Banking, & Internet Banking to all customers. Customers can now deposit or withdraw money from any Branch of Trust Bank nationwide without needing to open multiple accounts in multiple Branches.

Via Online Services and Visa Electron (Debit Card), ATMs now allow customers to retrieve 24x7 hours Account information such as account balance checkup through mini-statements and cash withdrawals.

Trust Bank has successfully introduced Visa Credit Cards to serve its existing and potential valued customers. Credits cards can now be used at shops & restaurants all around Bangladesh and even internationally.

Trust Bank is a customer oriented financial institution. It remains dedicated to meet up with the ever growing expectations of the customer because at Trust Bank, customer is always at the center.

Deposit Products

Current deposit Account

Current deposit Account is the net flow of current transactions with no restriction, including services and interest payments. It is an easy-to-use, convenient current account with instant access and withdrawals to your money anywhere in Bangladesh.

Types of Current Deposit Account:

Individual, Joint,

Proprietorship, Partnership,

Club, Society, Trust,

Autonomous Body, Govt. Dept, Directorate etc.

Savings Deposit Account

In this scheme fund is allowed to be withdrawn whenever required, without any condition. Hence a savings account is a safe, convenient and affordable way to save your money. Bank also pays a minimal interest for keeping your money with them.

Types of Savings Deposit Account:

Individual, Joint, Club, Society Others

Short Term Deposit Account

Short Term Deposit Account is the net flow of current transactions including services and interest payments. It is an easy-to-use, convenient current account with instant access and withdrawals money anywhere in Bangladesh.

Types of Short Term Deposit Account:

Public Limited Co.
Private Limited Co.
Govt/ Semi Govt. / Autonomous / Corp.
Societies / Clubs. Etc

Fixed Deposit Account

A fixed deposit is meant for those investors who want to deposit a lump sum of money for a fixed period; say for a minimum period of 30 days to one year and above, thereby earning a higher rate of interest in return. Investor gets a lump sum (principal + interest) at the maturity of the deposit. Bank fixed deposits are one of the most common savings scheme open to an average investor.

Amount/slab wise Deposit	Tenure
Fixed Deposits Receipts	01 Month	03 Months	06 Months	12 Months & above
Any amount up to Tk 5 crore.	7.00%	8.00%	8.50%	8.50%
TK 5 crore above but less then taka 10 crore.	7.00%	8.50%	8.50%	8.75%
TK 5 crore and above	7.00%	8.50%	8.75%	9.00%

Trust Smart Savers Scheme (TSS)

The name of the scheme is 'Trust Smart Savers Scheme (TSS)'. The objective of this scheme is to pay more than the accumulated amount in the following way:

Amount	3 years	5 years	7 years	10 years
500	20,316	36,717	55,851	90,691
1,000	40,632	73,434	111,702	181,383
2,000	81,264	146868	223,403	362,766
3,000	121,897	220,303	335,105	544,149
4,000	162,529	293,737	446,806	725,532
5,000	203,161	367,171	558,508	906,914

Trust Money Double Scheme (TMDS)

The objective of this scheme is to double the deposited amount in the following way:

Deposit Value	Maturity Value	Years	Rate of interest

10,000/- or multiple thereof	20,000/- or multiple thereof	9 years	7.78%

Terms & Conditions

The maximum no. of TDLS accounts from a single family cannot exceed five.
In case of discontinuation of the scheme, account will be settled as below:

Different duration Treatment	Applied Rate of Interest
Less than 1 year	No interest
More than 01 years but less than 03 years	Prevailing interest rates on Savings Account
More than 03 years but less than 05 years	Interest of first three years
More than 05 years but less than 07 years	Interest of first five years

Loan facility may be allowed up to 80% of deposit against lien/pledge on such instrument at Bank's prescribed rates and rules but not below taka 50,000/-.

Trust Educare Scheme (TES)

Students who are eligible to receive refunds from Bank are encouraged to enroll in this deposit.

Terms & Conditions

The maximum number of TES accounts from a Single family cannot exceed five.
The deposit with interest is payable is maturity either in lump-sum or as monthly allowances for 3/5 years starting from the completion of the term.

Terms	Deposit Tk	Monthly Educare allowance after maturity with 3 years continuity	Lump-sum amount payable at maturity
3 years	Tk.10,000	Tk.430	Tk.13,400
5 years	Tk.10,000	Tk.520	Tk.16,000

Monthly Benefit Deposit Scheme (MBDS)

This scheme provides benefit to the persons who intend to meet the monthly budget of the families from the income out of their deposit. It may be retired service holders, housewife of businessman & other professionals

The benefit of the scheme will be paid on monthly basis. As such this is called Monthly Benefit Deposit Scheme (MBDS).

Monthly payable amount (Installment in BDT)	Duration/Period of the Scheme	Amount payable at maturity (BDT)	Rate of interest
643	05 Years	1,00,000.00	7.78%

Lakhpati Savings Schemes

At the maturity the depositor will get TK. 1.00 Lac by the depositing monthly installment as per following arrangement:

Monthly payable amount (Installment in BDT)	Duration/Period of the Scheme	Amount payable at maturity (BDT)	Rate of interest
552	10 Years	1,00,000.00	7.78%
13,65	5 Years	1,00,000.00	7.78%
2,462	3 Years	1,00,000.00	7.78%

No income tax will be deducted from the interested earned.

Interest First Fixed Deposit Scheme (IFFDS)

In this deposit the customer receives interest in advance. The customer does not have to wait for maturity of the fixed deposit; instead (s) he can use the interest immediately and keep the investment intact till the maturity. This is a smart scheme in the sense; depositor gets the interest first and can reinvest it. Customer type: Individual / Joint.

Terms & Conditions:

Interest is payable in advance i.e. at the time of placing the deposit
Minimum deposited amount is Tk. 1000,000 (Taka one lac) under the Scheme. Maximum limit is no upper ceiling
Terms of this scheme are 3/6/12 months
Interest rate :

Amount/slab wise Deposit

Tenure

Any amount

03 Month

06 Months

12 Months

9.00%

9.25%

9.50%

Interest can be re-invested in other deposit schemes
Early Encashment :

In case of premature encashment the Bank shall adjust the interest and income tax (paid in advance at the time of the deposit & after adjustment of excise duty as & when recovered on deposit) from the principal amount. So that principal amount can be reduced for adjusting paid interest & income tax in advance
An account holder may encash Interest First Fixed Deposit in advance at any time (prior to maturity) by a written application.

Retail Products

Car Loan

TBL offers owning a car through TBL car loan facility.

Eligibility: For New and Reconditioned Car

Confirmed Service holders, Businessman, Professionals
Supportive cash flow to repay the loan
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

For Microbus, Minibus & Truck

Corporate bodies
Individual(s) with supportive cash flow to repay the loan
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

For New Car

Loan Limit:	Tk.2.00-20.00 Lac
Interest Rates (%)	14%
Down Payment/Equity	20%
Loan Period/ Tenor	1- 5 years
Processing Fee (15% VAT will be added)	1%
Risk Fund	Nil

For Reconditioned Car

Loan Limit:	Tk.2.00-20.00 Lac
Interest Rates (%)	14%
Down Payment/Equity	20%
Loan Period/ Tenor	1- 5 years
Processing Fee (15% VAT will be added)	1%
Risk Fund	Nil

For Microbus

Loan Limit:	Tk.2.00-15.00 Lac
Interest Rates (%)	14%
Down Payment/Equity	20%
Loan Period/ Tenor	1- 3 years
Processing Fee (15% VAT will be added)	1%
Risk Fund	Nil

For Minibus, Trucks

Loan Limit:	Tk.2.00-50.00 Lac
Interest Rates (%)	14%
Down Payment/Equity	20%
Loan Period/ Tenor	1- 5 years
Processing Fee (15% VAT will be added)	1%
Risk Fund	Nil

Consumer Durable Scheme Loan

Need are constantly changing phenomena in human life to improve the standard of living. Sometimes saving is not good enough to meet all requirements. Trust Bank takes care of financing needs as follows

Eligibility: Employees of

Confirmed Service holders, Businessman, Professionals
Supportive cash flow to repay the loan
Government/Semi Government/Autonomous bodies
Non-Government organizations
Multi-national companies
Banks/Financial institutions
Educational institutions
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Loan Limit	0.5 lac -5.00 lac
Interest Rates (%)	15%
Down Payment/Equity	30%
Loan Period/ Tenor	1 year to 4 years
Processing Fee(15% VAT will be added)	2%
Risk Fund	Nil

Doctor’s loan

Medical is a noble profession which is evolving fast. In a country like ours it is important to be a part of those changes as we cannot afford to be lag behind. Keeping that in mind and with a vision to support and promote health services, TBL is at the side with its Doctors' Loan.

Eligibility:

General Practitioner, FCPS & MBBS Doctors/dentists or Specialist Doctors having a Post-graduate degree and specialization in a particular area of treatment such as Medicine Specialist, Eye Specialist, ENT Specialist, cardiac surgeon/specialist etc. having 5 years experience as specialist.
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Loan Limit:	1.0 lac-5.00lac (GP) 10 lac (SP)
Interest Rates (%)	15%
Down Payment/Equity	20%
Loan Period/ Tenor	1 year to 5 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	Nil

Advance against Salary

Life is continuously facing unforeseen events. For which sudden financial support is essential. Trust bank is t to meet up urgency at any moment through its "Advance against salary" scheme.

Eligibility:

Salaried person in Govt. organization/Semi Govt. Organization/Autonomous bodies /Multinational Com./Banks/Insurance Com. /Financial Institutions/Educational Institution
Confirmed employee having 3 years service ahead
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Loan Limit:	.5 lac to 5.00 lac
Interest Rates (%)	15%
Down Payment/Equity	N/A
Loan Period/ Tenor	1 year to 3 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	Nil

Education Loan

A substantial amount of finance is required to spend for the best education or to get a higher degree either at home or abroad. TBL, "Education Loan" relief from this burden and ensure uninterrupted study through steady flow of cash.

Eligibility:

For Education Loan

Employees of confirmed service holders, Businessman, Professionals
Adequate cash flow to repay the loan
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Loan Limit:	.5 lac to 3.00 lac
Interest Rates (%)	15%
Down Payment/Equity	10%
Loan Period/ Tenor	1 year to 3 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	Nil

Travel loan

When you plan to travel local or global exotic location, financing is the key issue. Don't be worried; TBL Travel loan is ready to provide instant financial support.

Eligibility:

For Travel loan

Employees of confirmed service holders, Businessman, Professionals
Adequate cash flow to repay the loan

Loan Limit:	.5 lac to 3.00 lac
Interest Rates (%)	16%
Down Payment/Equity	20%
Loan Period/ Tenor	1 year to 2 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	1%

Hospitalization Loan

Crisis comes at anytime and well being comes at a price. When the urgency comes for medical treatment there can never be compromised. At any urgency Trust bank provide financial support through "Hospitalization Loan" scheme.

Eligibility:

For Hospitalization Loan

Employees of confirmed service holders, Businessman, Professionals
Supportive cash flow to repay the loan
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Loan Limit:	.5 lac to 3.00 lac
Interest Rates (%)	15%
Down Payment/Equity	10%
Loan Period/ Tenor	1 year to 2 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	Nil

Any Purpose Loan

We have so many needs, some are attainable with our means & standing and some are unattainable. The unattainable needs can be met by TBL. "Any Purpose Loan'

Eligibility:

Confirmed employee of the Govt. Organizations/ Semi-Government Organizations / Autonomous Bodies / Multinational Companies / Banks /Insurance companies / Educational Institutions / Corporate Bodies
Supportive cash flow to repay the loan
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Loan Limit:	.5 lac to 5.00 lac
Interest Rates (%)	15%
Down Payment/Equity	N/A
Loan Period/ Tenor	1 year to 4 years
Processing Fee(15% VAT will be added)	1.5%
Risk Fund	Nil

Apon Nibash (Home Finance) Loan

TBL offers Apon Nibash (House Finance) with easy repayment schedule matching user’s affordability. It gives unlimited options of choosing home with limited means and standing. Here, TBL Apon Nibash helps to match long cherished dream.

Eligibility:

Maximum age limit of the borrower – 60 yrs in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Employees of:

Confirmed employees of govt./Autonomous body
Confirmed employees of financial institution
Confirmed employees of different Public Limited Company/Private Limited company having Corporate Structure
Teachers of any school/college/university

Professionals

Doctors /Medical Professionals
Engineers
Accountants
IT Professionals
Management Consultant

Self Employed

Businessman (in business at least for five years)

Terms & Conditions

Loan Limit:	Up to75 lac
Interest Rates (%)	13%
Down Payment/Equity	40% for Construction,30% for New Apartment
Loan Period/ Tenor	Up to 20 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	Nil

CNG Conversion Loan

Eligibility:

Confirmed service holders, Businessman, Professionals (Owner of the vehicle or valid user of the vehicle) & Corporate Clients (for more than one Car)
Any other persons who have adequate cash flow to repay the loan installment
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Terms & Conditions

Loan Limit:	0.6 Lac for Individual, 1.00 Lac for Corporation
Interest Rates (%)	16%
Down Payment/Equity	10%
Loan Period/ Tenor	18 months
Processing Fee(15% VAT will be added)	Tk. 1000.00
Risk Fund	Nil

Marriage Loan

Tying the marital knot is an event of a life time and its celebration and memories should last forever. TBL "Marriage Loan" helps to arrange celebrate the marriage in style.

Eligibility:

Employees of confirmed service holders, Businessman, Professionals
This Loan is applicable for first marriage
This Loan may be availed by the guardian and/or Applicant as the case may be
Supportive cash flow to repay the loan
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Terms & Conditions

Loan Limit:	0.5 Lac to 3.00 lac
Interest Rates (%)	16%
Down Payment/Equity	20%
Loan Period/ Tenor	1 year to 3 years
Processing Fee(15% VAT will be added)	1%
Risk Fund	1%

Trust Money Double Scheme

Loan will be sanctioned up to 90% of present value of the respective Loan against Trust Money Double Scheme.

Eligibility:

Must have Trust Money Double Scheme account.
Interest rate is 10.50%.
Maximum age limit of the borrower – 60 yrs; in exceptional case, MD can relax the age limit up to any age depending on the merit of the case.

Business Banking

Trust Bank Ltd. Provides business banking system to increase efficiency and improve customer service. In Business banking the services that includes are-

-Corporate Financing

-SME Financing

-Syndicated Loans

Corporate Financing

Corporate financing is one the main task for business banking sector in Trust Bank Ltd. The terms corporate financing actually 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. The primary goal of corporate finance is to maximize corporate value while managing the firm's financial risks.

SME Financing

SME financing sector in Trust Bank Ltd. is consist of several parts.

Trust Falan Agri-Business Loan

Features

Loan facility from TK. 2.00 lac to 100.00 lac to setup Agro Processing Units
No Mortgage or Equitable Mortgage for Loans up to TK.25 lac.
Interest rate 15%
Processing fee 1% to 1.50%.
Repayment Period 01(One) year for Time Loan/OD and maximum 03(Three) for Term Loan.
Repayment of loan by Equated Monthly Installment (EMI) or from sales proceeds.

Eligibility

Any sole Proprietorship or Partnership firm or Private Ltd. Co. having 03 years successfully business operation
Monthly cash flow to repay the proposed Loan installment
Owners in the age group of 25 to 60 years

Entrepreneurship Development Loan

This product is specially designed for retired other rank army personnel.

Features

Any Business Purpose Loan from Tk. 2.00 lac to 20.00 lac to purchase Machinery & Equipment or to meet up Working Capital requirement.
No Mortgage or Equitable Mortgage for loans up to Tk. 5 lac.
Interest rate 15%
Processing fee 1% to 1.50%.
Tenor of Loan For working capital maximum 01 year and for fixed assets purchase maximum 03 years.
Repayment of Loan by Equal Monthly Installment (EMI) or from sales proceeds

Eligibility

Any Sole Proprietorship or Partnership firm preferably having 02 years successful business operation.
Monthly cash flow in support of proposed loan installment.
Owners in the age group of 35 to 60 years having completed at least 18 years of service.

Loan for Light Engineering

Features

Loan facility from Tk. 2.00 lac to Tk. 50.00 lac for Working Capital or to purchase Machinery & Equipment.
No Mortgage or Equitable Mortgage for loans up to Tk. 25 lac.
Interest rate 15%
Processing fee 1% to 1.50%.
Loan Repayment Period:
Maximum 01(One) year for Time Loan/OD and for Term Loan maximum 05 years.
Repayment of Loan by Equal Monthly Installment (EMI) or from sales proceeds.

Eligibility

Any Sole Proprietorship or Partnership firm or Private Ltd. preferably having 03 years successful business operation.
Monthly cash flow to support the proposed loan installment.
Owners in the age group of 25 to 60 years.

Loan for Poultry Farm

Features

Loan facility from Tk. 2.00 lac to Tk. 20.00 lac for Poultry Business to meet up working capital requirement.
No Mortgage or Equitable Mortgage for loans up to Tk. 5 lac.
Interest rate 15%
Processing fee 1% to 1.50%.
Tenor of loan not exceeding 01 (One) year.
Loan to be repaid by Equal Monthly Installment (EMI) or from sales proceeds.

Eligibility

Any Sole Proprietorship or Partnership firm or Private Ltd. Co. having 03 years successful business operation.
Cash flow in support of the proposed loan installment.
Owners in the age bracket of 25 to 60 years.

Loan for Shopkeepers

Features

To purchase inventory Shopkeepers may enjoy credit facility from Tk. 2.00 lac to 50.00 lac.
No Mortgage or Equitable Mortgage for loans up to Tk. 25 lac.
Interest rate 15% (case to case basis).
Processing fee 1% to 1.50%.
Tenor of loan not exceeding 01 (One) year.
Facility may be adjusted by Equal Monthly Installment (EMI) or from sales proceeds.

Eligibility

Any Sole Proprietorship or any Partnership firm having 03 years successful business operation.
Monthly cash flow to support the proposed loan installment.
Owner’s age: 25 to 60 years.

Peak Seasons Loan

Features

Loan Facility from Tk.2.00 lac to 20.00 lac for purchasing inventory to meet peak season’s demand for different festivals.
Interest rate 15%
Processing fee 1% to 1.50%.
Loan Repayment Period: Maximum 03(Three) months.
Repayment of loan by Installment or in Lump Sum within loan period.

Eligibility

Any Sole Proprietorship or Partnership firm or Private Ltd. Co. having 03 years successful business operation.
Cash flow in support of proposed loan installment.
Age of the owners in the range of 25 to 60 years.

Women Entrepreneur Loan

Features

Any business purpose loan from Tk.1.00 lac to Tk. 50.00 lac.
No Mortgage or Equitable Mortgage for loans up to Tk. 25 lac.
Interest rate 9%.
Processing fee 1% to 1.50%.
Loan Repayment Period 01 year for working capital finance and maximum 05 year for fixed assets purchase.
To be repaid by Equal Monthly Installment (EMI) or from sales proceeds.

Eligibility

Any Sole Proprietorship or any Partnership firm preferably having 02 years successful business operation.
Monthly cash flow to support the proposed loan installment.
Owners in the age group of 20 to 55 years

Syndicated Loan

Trust Bank Ltd. Also provide syndicated loans. The main goal of syndicated lending is to spread the risk of a borrower default across multiple lenders (such as banks) or institutional investors like pension’s funds and hedge funds. Because syndicated loans tend to be much larger than standard bank loans, the risk of even one borrower defaulting could cripple a single lender. Syndicated loans are also used in the leveraged buyout community to fund large corporate takeovers with primarily debt funding.

Automated Banking

Internet Banking

Internet banking facilitates banking operations carried out between bank and its clients through Internet. The customer can log on to the bank’s website with the user name and password to access his/ her bank account. Here an user can see his/her account balance as well as take print out of transactions with specific date range and can preserve it as a document. Internet banking greatly facilitates defense personnel, one of the major groups of TBL’s valued clients serving UN Mission, through giving access to their accounts and informing them about their transactions such as status of their remittance to their near and dear ones. Very soon, Trust Bank is going to implement the internet based fund transfer facility for its customers. Along with this Bank will be connected with National Payment Gateway to provide the best service to its customers.

Phone Banking

Trust Bank has easy way to serve customer’s banking needs using any phone, whether user is at home, office, or on the road. Sometimes user may not have time to get to a Trust Bank branch or it may be after regular business hours — on that time to access the account Trust Bank’s phone banking is absolutely free. This service performs balance query and mini statement of a customer via phone. Mini statement contains last five debit and credit transactions including balances. This service will soon include utility bill and fund transfer facilities. Phone Banking is available 24 hours a day, seven days a week.

SMS Banking

Trust Bank offers yet another great, timesaving banking service: SMS banking. This automated SMS banking can be reached 24 hours a day, 7 days a week. This service performs balance query and mini statement through SMS via a fixed mobile number given by user of any particular account. Mini statement contains last five debit and credit transactions including balances. SMS banking service will cost Tk. 3 plus VAT for each SMS. This service will soon include utility bill and fund transfer facilities.

Credit Cards

Visa Gold Local

An unsecured credit line operable within Bangladesh. Bank may issue credit line for up to BDT 100,000 upon proper verification of all required documents.

Rates and Fees

Annual Interest Rate for Purchases	24%
Grace period for repayment of balance for Purchases	At least 15 days - 45 days from the statement Closing Date (provided you fully paid New Balance Total from the previous statement by its Payment Due Date).
Renewal fee (Each card is valid for maximum of 2 years. At least one month prior to the expiration of existing card, new card will be issued. Card will be renewed after 1 year from the date of issuance.)	Tk. 1500
Method of computing the balance for Purchases	Average Daily Balance (including new transactions)

Visa Classic Local

An unsecured credit line operable within Bangladesh. Bank may issue credit line for up to BDT 50,000 upon proper verification of all required documents.

Rates and Fees

Annual Interest Rate for Purchases	24%
Grace period for repayment of balance for Purchases	At least 15 days - 45 days from the statement Closing Date (provided you fully paid New Balance Total from the previous statement by its Payment Due Date).
Renewal fee (Each card is valid for maximum of 2 years. At least one month prior to the expiration of existing card, new card will be issued. Card will be renewed after 1 year from the date of issuance.)	500 TK
Method of computing the balance for Purchases	Average Daily Balance (including new transactions)

Visa Classic International

An unsecured credit line operable outside Bangladesh only. Bank may issue credit line for up to USD 1,000 upon proper verification of all required documents.

Rates and Fees

Annual Interest Rate for Purchases	24%
Grace period for repayment of balance for Purchases	At least 15 days - 45 days from the statement Closing Date (provided you fully paid your New Balance Total from the previous statement by its Payment Due Date).
Renewal fee (Each card is valid for maximum of 2 years. At least one month prior to the expiration of existing card, new card will be issued. Card will be renewed after 1 year from the date of issuance.)	USD 30.00 + 15% VAT
Method of computing the balance for Purchases	Average Daily Balance (including new transactions)

Visa Gold International

An unsecured credit line operable outside Bangladesh only. Bank may issue credit line for up to USD 3000 upon proper verification of all required documents. However, higher than USD 3000 may be approved if the qualified applicant maintains FC account with TBL and the account has sufficient fund to justify the higher limit.

Rates and Fees

Annual Interest Rate for Purchases	24%
Grace period for repayment of balance for Purchases	At least 15 days - 45 days from the statement Closing Date (provided you fully paid your New Balance Total from the previous statement by its Payment Due Date).
Renewal fee (Each card is valid for maximum of 2 years. At least one month prior to the expiration of existing card, new card will be issued. Card will be renewed after 1 year from the date of issuance.)	USD 60.00 + 15% VAT
Method of computing the balance for Purchases	Average Daily Balance (including new transactions)

Visa Dual Local

An unsecured credit line is issued against this card. The card is operable both inside and outside Bangladesh. Bank may issue credit line in both currencies. The combined limit is determined by the Credit Card Approval Committee.

Rates and Fees

Annual Interest Rate for Purchases	24%
Grace period for repayment of balance for Purchases	At least 15 days - 45 days from the statement Closing Date (provided you fully paid your New Balance Total from the previous statement by its Payment Due Date).
Renewal fee (Each card is valid for maximum of 2 years. At least one month prior to the expiration of existing card, new card will be issued. Card will be renewed after 1 year from the date of issuance.)	USD 70.00 + 15% VAT
Method of computing the balance for Purchases	Average Daily Balance (including new transactions)

Locker Service

Bangladeshi Locker

Lockers	Size	Rent (yearly)
Big	21.5"x14.5"x9.75"	Tk. 2000.00
Medium	21.5"x14.5"x5"	Tk. 1500.00
Small	21.5"x7"x5"	Tk. 1000.00

Godrej Indian Locker

Lockers	Size	Rent (yearly)
Big	20"x14"x11"	Tk. 30,000.00
Medium	20"x14"x5"	Tk. 20,000.00
Small	20"x7"x5"	Tk. 15,000.00

The following branches offer Locker Services

Principal Branch, Dhaka Cantonment, Dhaka (Bangladeshi Locker only)
Dhanmondi Branch, BDR Gate 4, Peelkhana, Dhanmondi, Dhaka 1209 (Godrej Indian Locker only)
Gulshan Corporate Branch, 110 Gulshan Avenue, Gulshan-2, Dhaka 1212 (Godrej Indian Locker only)
Chittagong Cantonment Branch, Chittagong Cantonment, Chittagong

Terms and Conditions
Only a Trust Bank account holder receives locker service. When a locker service is opened, account holder should pay a one time key deposit (same as RENT), which is refundable. For locker maintenance, a yearly charge is to be paid by account holder (same as rent).

Islamic Banking

Al-Wadiah Current Account

Al Wadiah Current Deposit is a deposit product operated according to Islamic Shariah where the depositor will deposit money in the Bank in the form of ‘Amanat’ and thus expects on profit or loss. The Bank takes permission from the depositor to use the deposit according to Islamic Shariah but guarantees that the amount deposited would be available to depositors whenever s/he demands. If Bank does loss using this deposit then bank will incur all responsibilities. Since depositors do not take any risk of loss, so they cannot demand any profit.

Characteristics

Bank gives the guarantee to return the full amount on demand / maturity at its own risk (depositor will not share the risk).
Bank can invest this deposited fund with the permission of the depositor.
Bank may share the profit with the depositors as per management’s decision.

Important features of Al-Wadiah Current Account

This is a non profit and loss bearing product.
Frequent and random transactions do not have any impact on profit calculation as it is a non-profit bearing product.
Depending on the amount of deposit there is a yearly excise duty to be charged on this type of account.

Al Wadiah Term Deposit

Al Wadiah Term Deposit (ATD) is a mode of deposit under Al Wadiah principles of Islamic Sharia where refund of the principal is guaranteed by the bank and depositor may receive a share on profit of the bank’s business as per management’s discretion. Deposits under ATD are accepted for different tenures as decided by the Bank and are entitled to receive profit on their deposit on the basis of weightage as decided by the management. A receipt is issued against each deposit under ATD.

The major features of ATD are as follows:

This deposit product is guided by the Al Wadiah principles of Islamic sharia with additional conditions as stated below.
Bank will invest the ATD fund at its own risk through sharia compliant investment modes along with the Mudaraba fund to earn profit.
ATD can be opened for 3 months, 6 months & 12 months tenure or for any other tenure as approved by the bank.
No profit shall be payable if the ATD is encashed before maturity. However, bank reserve the right to pay profit on the deposit amount at the rate of provisional Mudaraba Savings Deposits for a minimum period of 30 (thirty) days and its multiples.

Mudaraba Savings Account

Mudaraba is an investment contract where one party provides the capital for investment and the other party using skill and experience does the investment. Here the investor/mudarib has no direct participation in the business. On the other hand the owner of the capital does not participate in the activities of the business and acts only as the supplier of cash/capital. In case of deposit Mudaraba, the depositor, acts as the capital supplier of the investment and the Bank acts as the investor/mudarib. According to Mudaraba rules profit is to be divided as per agreement and loss is solely borne by the capital provider. In case of deposit Mudaraba the Bank as the investor every year declares a provisional rate of profit to be given to the depositors. Then after year end the total investment profit is calculated and distributed as per yearly declared ratio, which is currently 65% (Depositor): 35% (Bank). From the actual portion of profit the actual rate of profit is calculated for each Mudaraba product of the Bank. The actual rate of profit usually differs with the provisional rate. If the actual rate is lower than that of the provisional rate then it is said to have incurred loss otherwise profit is made.

Provisional Profit Rate

Product	Range	Provisional Profit Rate (Existing)	Provisional Profit Rate
Mudaraba Savings Deposit		06.00%	06.00%

Mudaraba Special Notice Deposit

Mudaraba Special Notice Deposit (MSND) is a mode of deposit under Mudaraba principles of Islamic Sharia. It is a profit / loss bearing account. These deposits are repayable subject to a period of notice and hence known as time deposits or time liabilities meaning thereby that these are withdraw able subject to a period of notice and not on demand. Deposits under MSND are accepted for different tenures as decided by the Bank and are entitled to receive profit on their deposit on the basis of weightage as decided by the management. A receipt is issued against each deposit under MSND.

The major features of MSND are as follows:

Bank will invest the MSND fund through sharia compliant investment modes along with the other Mudaraba fund to earn profit.
Until otherwise decided, the profit sharing ratio is 35:65 between TBL & the depositor in MSND.
MSND can be opened for 3 months, 6 months & 12 months tenure or for any other tenure as approved by the bank.
If not instructed otherwise, the MSND will be automatically renewed for another term under the terms prevailing at the time of renewal along with the provisional profit, if any.
No profit shall be payable if the ATD is encashed before maturity. However, bank reserve the right to pay profit on the deposit amount at the rate of provisional Mudaraba Savings Deposits for a minimum period of 30 (thirty) days and its multiples.

Loan & Investment

Qard Scheme

Definition
Qard is a loan which is returned at the end of the agreed period without any interest or share in the profit or loss of the business.

Islam differentiates between Loan & Investment. Islam allows loan as a form of social service among the rich to help those who are in need of financial assistance. Islam does not allow or recognize any loan that draws benefit to the debtor. Such Qard or Loan is very common in human history for long among peers, friends and relatives – but practice in the formal sector like banking; it is relatively new only in the Islamic banks. Islamic Banking Division of Trust Bank Ltd. has introduced “Qard Card” & “Qard Facility” for its clients under Trust Islamic Banking (TIB).

TERMS & CONDITIONS

No profit will be charged by the Bank on the Qard amount and no profit will also be credited/calculated by the Bank on the amount equal to the qard amount of the ATDR/MTDR till adjustment of the qard. In other words profit will be calculated only for the balance amount of ATDR/MTDR after deducting the qard amount.
This facility is available only against lien of TBL Al-wadia and TBL Mudaraba Term Deposits and only to the beneficiary of the deposits. No qard facility is allowed against 3rd party lien.
LIMIT : Qard facility is allowed maximum upto 80% of the face value of the Term Deposit.
TENURE: Maximum tenure of a qard facility is 12 (Twelve) months. However, a qard facility must be adjusted before maturity of the Term Deposit (against which the qard is allowed). In other words expiry of the qard facility should be within maturity date of TDR.

Administrative Expenses
In the Qard, bank is not allowed to receive any benefit but are permitted to recovery of administrative expenses to cover the administrative cost only. This administrative expenses can not be a source of profit as per decision of the Sharia Council of the Bank & also AAOIFI. As per the approval of the Sharia Council TBL will realize 2.00% administrative cost which is based on average administrative cost of last year and stamp cost at actual against the qard amount at the time sanction/disbursement. The administrative expenses are applicable on the sanctioned amount of qard and irrespective of the tenure of qard i.e. for 1 month or 12 month the administrative cost is fixed @2.00% and stamp cost at actual.

Home Loan

Ihsan Apartment Purchase Scheme, Barakat Home Construction Scheme

TIB’s Ihsan Apartment Purchase Scheme and Barakat Home Construction Scheme are based on a higher purchase contract under Shirkatul-melk concept of Islamic Sharia. Shirka means sharing and under Sirkatul-melk the purchaser & Bank enjoys joint ownership.
With TIB’s Ihsan Apartment Purchase Scheme and Barakat Home Construction Scheme user participates with Trust Bank in a joint ownership of the property. Bank provides an agreed amount of financing (Maximum up to 80%) with proportionate ownership of the asset/property and user agrees to a monthly payment to the bank. User’s payment contains two components – one component is for the usage (rent) while another for holder’s transfer of ownership (equity share buy-back). In fact, total monthly payment reduced regularly as user’s share in the property increases. When user have made full payment of agreed amount or in other words purchased full share of the property, user become the sole owner with a free title of the property. All ownership related risks lie with the owners (bank & client) as per their share holding while all usage related risks rights and liabilities lies with the user.

Buy, Build or Renovation of Home availing TIB’s Ihsan Apartment Purchase Scheme and Barakat Home Construction Scheme

TIB may finance maximum up to Tk.50.00 lac for the above purposes with following equity sharing & tenure;

Ready Apartment to move in ~ Maximum 80% of the appraised value.
House construction ~ Maximum 60% of the appraised value
House renovation ~ Maximum 40% of the appraised value.
Maximum Tenure of investment ~ 20 years.

Eligibility

Confirmed Service Holder, established Businessmen & Professionals.

Period of Investment

· Maximum 20 (Twenty) years

Mode of Investment

Hire Purchase
Hire Purchase under Shirkatul Melk.

Penalty of Late Payment

· In all conventional investments, an extra amount is charged if the rent/installment is not paid on time. This extra amount is considered as riba and is Haram under Sharia. Islamic banking does not credit such amount to its income rather to a charity fund and administered for charitable purpose by the Bank.

Barakat Car Scheme

The Barakat Car Scheme is based on a higher purchase contract under Shirkatul-melk concept of Islamic Sharia. The asset (car) purchased with joint capital provided by the bank and the client. The asset purchased under serkatul-melk is jointly owned by the bank & its partner (client) and used by the partner as per agreement and pays rental for the service of the car. Under the agreement, Bank gradually transfers its ownership to the co-owner within the agreed period by payment of installments. All ownership related risks lie with the owners (bank & client) as per their share holding while all usage related risks rights and liabilities lies with the user.

Purchasable Car

Brand new or Reconditioned

Private Car/ Station Wagon
Microbus [up to 9 seated]
Jeep
Pick-up Van/ Ambulance [for Corporate customer]
Minibus [above 9 seated & for Corporate customer]
Truck [for Corporate customer]

International Banking

The Trust Bank Limited is totally capable to meet needs of foreign currency transactions and foreign trade services. Customers can open and maintain Accounts in foreign currencies like US Dollar, Pound Sterling, and Japanese Yen and even in Euro with TBL. With its own Dealing Room, TBL is able to offer competitive Exchange Rate for all major currencies of the world. Under Int’l banking facility it has,

Private Foreign Currency Account

FC Account (Foreign Nationals): Completed Account opening Form signed by the account holder/s and introduced by an existing customer who has a relationship with TBL at least for 6 months.

FC Account (Bangladeshi Nationals): Completed Account opening Form signed by the account holder/s and introduced by an existing customer who has a relationship with TBL at least for 6 months.

Non Resident Bangladeshi (NRB) Account

The Trust Bank Ltd. has introduced Non Resident Bangladeshi (NRB) Account (TBL-FC Investment Account) with a view to providing an ample opportunity to Bangladeshi people living abroad and earning there, so that they can invest their hard-earned foreign currency in the country’s capital market and thereby can be benefited themselves. By maintaining this account, expatriate Bangladeshi and Foreign Currency earners can avail all sort of services from the Trust Bank Ltd. regarding remittance of fund from any places of the world, retaining the fund and investing in the country’s capital market.

Foreign Currency Deposit Account

Bangladeshi national residing abroad may open foreign currency account in any branch of the bank. Important features of FC Account are as follows:

No initial deposit is required to open the account.
They may remit of FC in any form through banking channel or transfer from another FC account with a view to credit the same in the account.
They will get interest on daily product basis on the credit balance (minimum balance of US$ 1,000/- at least for 30 days) maintaining in the account.
Interest will be offered 1.75% for US Dollar Account, 3.00 % for EURO Account.

Non-resident foreign Currency Deposit – NFCD

All non – resident Bangladeshi nationals and persons of Bangladesh origin including those having dual nationality and ordinarily residing abroad may maintain interest bearing NFCD Account. Important features of NFCD Account are as follows:

The initial minimum amount of $1000 or 500 Pound Starling or equivalent other designated currency is required to open the account. NFCD Account can be opened in for One month, Three months, Six months and One Year through US Dollar, Pound Starling, Japanese Yen and Euro.
Amount of interest is paid is tax free in Bangladesh. At present interest is paid on one month deposit in US dollar based on LIBOR (London Inter-Bank Offered Rate).

Non-Resident Investors’ Taka Account (NITA)

Non resident person/institutions including Non-resident Bangladeshi nationals may buy/sale Bangladeshi Shares and Securities through opening NITA Account. Important features of NITA Account are as follows:

NITA account holder can purchase shares and securities of domestic company. The profit and dividend of these shares and securities and the sale proceed of shares and securities can be deposited in the NITA account.
May appoint nominee for transaction of the Account or nominated us as nominee to buy and sale of shares.

Wage Earners Development Bond (WEDB)

NRB can buy WEDBs through their Foreign Exchange Earnings in the following denominations up to 5 years duration:-

Tk.25, 000/-, 50,000/- & 1, 00,000/- which is renewable also. At present, the interest rate is 12%.
Will get safety coverage through insurance for purchase of WEDBs as under:-

SL	Bond Worth	Death Claim
1	Tk 25,000/- to Tk 50,000/	Upto 30% of invested amount
2	Tk 51,000/- to Tk 75,000/-	Upto 40% of invested amount
3	Tk 76,000/- and above	Upto 50% of invested amount

US Dollar Premium Bond

NRB can buy US Dollar Premium Bond through their Foreign Exchange Earnings. The features of US Dollar Premium Bonds are as follows:

The US Dollar Premium Bond(s) shall be matured for payment after completion of three years from the date of its issue. Bondholder may surrender the Bond(s) before maturity and encash the same at the paying office in which case interest will be paid as under:

Encashment		Interest Payable (in U.S. Dollars)
1	Within one year from the date of issue	No interest
2	After completion of one year but within two years	6.50%
3	After completion of two year but within three years	7.00%
4	After completion of three years	7.50%

US Dollar Investment Bond

NRB can buy US Dollar Investment Bond through their Foreign Exchange Earnings. The features of US Dollar Investment Bonds are as follows:

The US Dollar Investment Bond(s) shall be matured for payment after completion of three years from the date of its issue. Bondholder may surrender the Bond(s) before maturity and encash the same at the paying office in which case interest will be paid as under:

Encashment		Interest Payable (in U.S. Dollars)
1	Within one year from the date of issue	No interest
2	After completion of one year but within two years	6.50%
3	After completion of two year but within three years	6.00%
4	After completion of three years	6.50%

Resident Foreign Currency Deposit Account

Person ordinarily resident in Bangladesh may open and maintain RFCD A/c, even foreign nationals who are residing in Bangladesh for more than six months are eligible to open and maintain and RFCD account.

Traveler’s Endorsement

Traveler’s Endorsement s a preprinted, fixed-amount cheque designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid the issuer for that privilege. As traveler's Endorsement can usually be replaced if lost or stolen (if the owner still has the receipt issued with the purchase of the cheques showing the serial numbers allocated), they are often used by people on vacation in place of cash.

Remittance

Bangladeshi expatriates can send their money through our branches in the form of:

Instant Cash – On demand instantly over the counter.
Account Credit 24 to 72 hours.

Merchant Banking

As per Merchant Banking Regulations, TBL can mainly perform three activities which are:

Issue Management

Issue Management function of merchant Banking helps capital market to increase the supply of securities. Being a Issue Manager TBL provides assistance to the Private Limited Companies intended to be converted into Public Limited Companies by way of obtaining necessary permission from the relevant authorities, preparing prospectus for public issue of shares and debentures, involving itself in the collection of application money, scrutiny of applications, arranging for lottery relating to allotment, if required, allotment of shares and debentures, refund of application money etc.

Underwriting

Underwriting Operation is one of the important functions of a Merchant Banker by which it can increase the supply of stock/shares and debentures in the market. It is an arrangement whereby the underwriter undertakes to subscribe the unsubscribed portion of shares/debentures offered by any Public Limited Company. This encourages the prospective issuers to offer shares/debentures to the public for subscription and they can raise fund from the public for implementation of their industrial undertakings.

Portfolio Investment Management Services

One of the most important functions of merchant banking is to provide Portfolio Management service to the customer. Basically, Portfolio Management Services program has four different wings to provide portfolio investment management services.

1. Investors' Discretionary Account (IDA)

It is fully non-discretionary portfolio account where the investor(s) will operate this account at his/their own discretion. The Portfolio Manager (TBL) will provide required counseling in this regard and ensure all management services related to the account as per securities rules.

Eligible Products

There are three types of products under IDA namely TBL Standard, TBL Premium and TBL Supreme. Features of the products are given as under:

Investors' Discretionary Account (IDA)

01.	Product Name	:	TBL Standard	TBL Premium	TBL Supreme
02.	Scheme	:	Investor's Discretionary	Investor's Discretionary	Investor's Discretionary
03.	Eligibility	:	Any Bangladeshi over 18 years of Age	Any Bangladeshi over 18 years of Age	Any Bangladeshi over 18 years of Age
04.	Initial Deposit	:	TK 5000	TK 5000	TK 5000
05.	Minimum Deposit	:	TK 1,00,000	TK 10,00,001	TK 1,00,00,001
06.	Maximum Deposit	:	TK 10,00,000	TK 1,00,00,000	TK 10.00 Crore
07.	Margin Loan Facility	:	As per SEC Guide Line	As per SEC Guideline	As per SEC Guideline
08.	Documentation Fees	:	TK 500 or at actual	TK 500 or at actual	TK 500 or at actual
09.	Interest Rate	:	13% p.a	13% p.a	12.75% p.a
10.	Management Fees	:	1.50% p.a or 2.50% for implementation of power under power of attorney on portfolio Value	1.25% p.a or 2.50% for implementation of power under power of attorney on portfolio Value	1.00% p.a or 2.50% for implementation of power under power of attorney on portfolio Value
11.	Brokerge Fees	:	0.15%	0.15%	0.15%
12.	Portfolio Transaction Fee	:	0.20%	0.20%	0.15%
13.	Minimum Duration	:	2 Years	2 Years	2 Years
14.	Maximum Loan	:	TK 10,00,000	TK 1.00 Crore per Account	TK 10.00 Crore

2. Bank's Discretionary Account (BDA)

It is Bank's discretionary Investment Management service. Portfolio Manager will act on behalf of the investors and will be authorized to exercise his discretion to make best professional investment decision having no guarantee of return on investment.

Features of the product are given as under:

SL NO.	Particulars		Remarks
01.	Product's name	:	BDA
02.	Scheme	:	Bank's Discretionary
03.	Eligibility	:	Any Bangladeshi over 18 years of Age
04.	Initial Deposit	:	TK 5000
05.	Miniimum Deposit(With a view to avail loan facility)	:	TK 25,00,001
06.	Maximum Deposit	:	TK 3.00 Crore
07.	Margin Loan Facilities	:	As per SEC Guide Line
08.	Documentation Fees	:	TK 500 or at actual
09.	Interest Rate	:	13% p.a
10.	Management Fees	:	2.50% p.a
11.	Brokerage Fees	:	0.15%
12.	Portfolio Transaction Fee	:	0.15%
13.	Minimum Duration	:	2 Years
14.	Maximum Loan	:	Tk 3.00 Crore

3. Non-Margin Investors' Discretionary Account (NIDA)

It is a fully non-discretionary portfolio account where the account holder shall have no option to avail margin loan facility. The investor will operate his account at his own discretion. Portfolio Manager will act only according to the client's instruction and ensure all management services related to maintain the account.

Eligible Products

It proposes three types of products under NIDA namely TBL Standard, TBL Premium and TBL Supreme.

Features of the products are given as under.

01.	Product Name	:	TBL Standard	TBL Premium	TBL Supreme
02.	Scheme	:	Non-Margin Investors' Discretionary	Non-Margin Investor's Discretionary	Non-Margin Investor's Discretionary
03.	Eligibility	:	Any Bangladeshi over 18 years of Age	Any Bangladeshi over 18 years of Age	Any Bangladeshi over 18 years of Age
04.	Initial Deposit	:	TK 5000	TK 5000	TK 5000
05.	Minimum Deposit	:	TK 5,00,000	TK 20,00,001	TK 100,00,001
06.	Maximum Deposit	:	TK 20,00,000	TK 1,00,00,000	TK 10.00 Crore
07.	Documentation Fees	:	TK 500 or at actual	TK 500 or at actual	TK 500 or at actual
08.	Management Fees	:	1.00% p.a	0.80% p.a.	0.70% p.a.
09.	Brokerge Fees	:	0.15%	0.15%	0.15%
10.	Portfolio Transaction Fee	:	0.20%	0.20%	0.15%
11.	Minimum Duration	:	1 Years	1 Years	1 Years

4. Profit-Loss Sharing Account (PLSA)

Under Profit-Loss Sharing Account, the Bank and the customer shall be agreed to enter into an Agreement. This account will be maintained under Islamic Shariah. Any profit / loss incurred from the business will be borne proportionately by the Bank and the customer. Portfolio Manager may claim service charges for rendering services. In fact, it is an equity-sharing ratio.

The main features of the product are given as under.

SL NO.	Particulars		Remarks
01.	Product's name	:	Profit-Loss Sharing Account
02.	Scheme	:	Bank's Discretionary Investment Account (equity Sharing basis)
03.	Eligibility	:	Any Bangladeshi over 18 years of Age
04.	Initial Deposit	:	TK 5000
05.	Minimum Deposit	:	TK 2,00,000
06.	Maximum Deposit	:	TK 5.00 Crore
07.	Equity Sharing Ratio	:	1:1 or as decided by the management from time to time
08.	Documentation Fees	:	TK 500 or at actual
09.	Management Fees	:	2.50% p.a
10.	Brokerage Fees	:	0.15%
11.	Portfolio Transaction Fee	:	0.15%
12.	Minimum Duration	:	2 Years
13.	Maximum Investment	:	Tk 5.00 Crore

Problems of Trust Bank Limited

Less ATM Booths

It is not safe to carry out cash in the pocket nowadays. Situation in the outside is much more risky for this. What people do is create a bank account in a bank and put all his/her money in it and get a credit card. So that (s) he can use the credit card and withdraw cash whenever needed, wherever needed. To give this facility to the customers a bank must have number of ATM booths in various locations. Problem with TBL is it does not have that much of ATM booths through out the country. It has only eleven (11) ATM booths in Bangladesh. This number is very much less comparing to other banks for example Brac Bank Limited, Dutch Bungla Bank Limited ect. Although a user who has TBL credit card can use it to withdraw money from Eastern Bank Limited’s and Dutch Bangla Bank Limited’s ATM booths but then user has to pay tk.20 for each transaction.

Presence of Branch Location

Trust Bank Limited has total 45 branches all over the country. Problem with the presence of branches is that almost all of its branches around Bangladesh are in different cantonments of this country. It can happen that people from remote areas, or far from cantonment area if they want to open an account or deposit in TBL, they can find it hard to reach any branch. Also sometimes in political unrest general people cannot enter into any cantonment area without prior permission, and then it becomes another problem to operate the account in TBL.

Non-performing Loan

A loan is nonperforming when payments of interest and principal are past due by 90 days or more. It is a loan that is in default or close to being in default. Usually loans become non-performing after being in default for 3 months.

In case of TBL, its ratio of non-performing loan was 2.52% in 2007-2008 fiscal year according to its annual report. But in 2008-2009 fiscal year it has became 2.64% which indicates its bad debt has increased than last fiscal year.

Cost Income Ratio

Cost income ratio measures how costs are changing compared to income - for example, if a bank's interest income is rising but costs are rising at a higher rate then that is a problem. It may refer to the point that this bank is having profits but it cannot keep it, somehow money is spent. Looking at changes in Cost Income Ratio will highlight the fact. The cost income ratio, defined by operating expenses divided by operating income, can be used for benchmarking by the bank when reviewing its operational efficiency.

Trust Bank Limited has an increased Cost income ratio in 2009 than the year 2008. In 2008 it was 71.97% but in 2009 it became 75.66%. It clearly depicts increase in expenditure of the bank.

Return on Average Asset

Return on Average Asset ratio measuring the profitability of a financial institution. It’s a financial measurement of the efficiency with which a bank can know average return on its assets. Return on average assets is the ratio of net income divided by average total assets.

Trust Bank Limited has had Return on Average Asset ratio of 1.20% in the year 2008 but has become 1.13% in year 2009. It represents that TBL has less received less return than last year.

Bibliography

www.trustbank.com.bd

http://www.investopedia.com/terms/l/loan-to-deposit-ratio.asp

http://www.investordictionary.com/definition/cost+of+funds.aspx

http://www.wikipedia.org/

Wednesday, August 10, 2011

Syndicated Loan

Presence of Branch Location