2.

0 ABOUT BANK ASIA LIMITED:

Bank Asia has been launched by a group of successful entrepreneurs with recognized standing in the society. The paid up capital of the Bank is 1116 million. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals many of whom have exposure in the international market. Within a short span of time Bank Asia has established itself as one of the fast growing local private banks. It has at present a network of Twenty three branches serving many of the leading corporate houses and is gradually moving towards retail banking. Another significant delivery channel is its own as well as shared ATM Network. Bank Asia has a network of 25 ATMs out of which 6 it owns. The other 19 ATMs are shared through ETN with eleven other banks. Since its humble beginning in 1999, it set milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd. (MCB), a Pakistani bank. In the year 2003 the Bank again came to the limelight with oversubscription of the Initial Public Offering of the shares of the Bank, which was a record (55 times) in our capital markets history and its shares commands respectable premium. The asset and liability growth has been remarkable. By Dec 2006 the total asset of the Bank grew to Tk 30,478 million, increase of almost 30% comparing to 2005. As of Dec 2006 deposits increased to Tk 25,289 million, an increase of 37% over that of 2005, and Loans & Advances reached Tk 22,256 million, an increase of 25% over that of 2005. Bank Asia has been actively

Credit Risk Grading - the reason behind replacing Lending Risk Analysis (LRA) with Credit Risk Grading (CRG) by Bangladesh Bank -- A Study for Bank Asia Limited.

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participating in the local money market as well as foreign currency market without exposing the Bank to vulnerable positions. The Banks investment in Treasury Bills and other securities went up noticeably opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline. Bank Asia is maintaining its competitiveness by leveraging on its Online Banking Software and modern IT infrastructure. It is the pioneer amongst the local banks in introducing innovative products like SMS banking, and under the ATM Network the Stelar Online Banking software enables direct linking of a clients account, without the requirement for a separate account.

2.1 MISSION STATEMENT OF BANK ASIA LIMITED

To assist in bringing high quality service to our customers and to participate in the growth and expansion of our national economy. To set high standards of integrity and bring total satisfaction to our clients, shareholders and employees. To become the most sought after bank in the country, rendering technology driven innovative services by our dedicated team of professionals.

2.2 VISION STATEMENT OF BANK ASIA LIMITED

Bank Asias vision is to have a poverty free Bangladesh in course of a generation in the new millennium, reflecting the national dream. Our vision is to build a society where human dignity and human rights receive the highest consideration along with reduction of poverty.

2.3 BRANCHES OF BANK ASIA LIMITED

Credit Risk Grading - the reason behind replacing Lending Risk Analysis (LRA) with Credit Risk Grading (CRG) by Bangladesh Bank -- A Study for Bank Asia Limited.

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The Bank at present carrying its banking activities through twenty seven branches including ATM, Locker & Foreign Exchange services in the country. It has nine rural branches as well. (See the Appendix- 5.1)

2.4 PRODUCT AND SERVICES PROVIDED BY BANK ASIA LIMITED:

Gradually Bank Asia increases its product line. Every year they launch 2 products. Since establish our product line is so healthy and includes most features. Whenever, they launch a product, they look deeply in its technical issue. It means how the product will be techno based and support online features. Considering these criteria, they have produced six products. Each product contains its specific link. However another related services or special features are also displayed here. 2.4.1 Product includes: SME Banking Mobile Banking Internet Banking Customized Loan Special features: Real-time online banking Any branch banking Internet Banking
SMS Banking

Credit Risk Grading - the reason behind replacing Lending Risk Analysis (LRA) with Credit Risk Grading (CRG) by Bangladesh Bank -- A Study for Bank Asia Limited.

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2.4.2 Services: There are mainly three departments available in Bank Asia:

Figure: Available services

Credit Risk Grading - the reason behind replacing Lending Risk Analysis (LRA) with Credit Risk Grading (CRG) by Bangladesh Bank -- A Study for Bank Asia Limited.

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2.5 ORGANOGRAM OF WHOLE BANK ASIA AND CDA AVENUE BRANCH

MANAGING DIRECTOR
DEPUTY MANAGING DIRECTOR
SENIOR EXECUTIVE VICE PRESIDENT (SEVP)

Available organogram / hierarchy in Bank Asia Limited, CDA avenue Branch MANGER & VP

EXECUTIVE VICE PRESIDENT (EVP) SENIOR VICE PRESIDENT (SVP) VICE PRESIDENT (VP) FIRST VICE PRESIDENT (FVP) ASSISTANCE VICE PRESIDENT (AVP) FIRST ASSISTANCE VICE PRESIDENT (FAVP) SENIOR EXECUTIVE OFFICER EXECUTIVE OFFICER SENIOR OFFICER OFFICER JUNIOR OFFICER ASSISTANCE OFFICER
GENERA L BANKIN

SUBMANAGER & FAVP

CREDIT DEPT.

FOREIG N
EXCHAN

CASH

Figure: Bank Asia Limited

INCHARG E & EO

INCHARG E & SO

INCHARG E & SEO

INCHARG E & AO

ACCOUN T & PO

ADMIN &

OF

OFF

AO

CUSTOM ER SERVICE &BO

CRM &AO

BO

TELLER

Credit Risk Grading - the reason behind replacing Lending Risk Analysis (LRA) with Credit Risk Grading (CRG) by Bangladesh Bank -- A TELLER OFFICER BANKINGOFFICER Bank Asia Limited. Study for

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