Extend credits to prospective sectors, increase business for achieving targets
FE Report | Saturday, 21 June 2008
Rupali Bank Limited (RBL) Managing Director Md Abdul Hamid Miah stressed the need for extending credits to prospective and viable sectors and for increasing import-export and foreign remittance business of the bank for achieving the targets set by the head office of the bank.
The managing director said this while evaluating the performance of the branches under Dhaka south, north and central zones of the bank at the two-day conference at its training institute in the city recently.
Chaired by RBL Deputy Managing Director Md Zillur Rahman, the conference was addressed, among others, by general managers Md Harisul Haque, Md Mainul Haque and Md Enamul Islam Khan.
The managing director gave policy guidelines for achieving the business targets set for year.
He advised the branch managers to find out new areas of deposits by extending services suited to the need of the clients.
He also advised them to carry out their day to day duties with dedication and sincerity, which could carry forward their future career as well.
He asked the managers to adhere to the rules and regulations imposed from time to time by Bangladesh Bank and the RBL head office.
These would bring about a salutary impact on the recovery position of the bank's classified loans significantly, he added.
The RBL managing director asked the zonal heads and the managers under the zones to reduce the classified loans to the desired level by applying more effective measures.
He also advised the concerned managers to disburse agri loans, micro-credits, SME loans, house building loan and general loans to run the banking business smoothly.
The DMD of the bank dwelt on the progress and problems of the branches and gave directive to apply prudent techniques and to ensure relentless efforts to mobilise deposits, recover stuck-up loans, extend new loans and increase bank's business and profit.
He emphasised the need for modernisation of branch banking through computerisation, online banking, introducing new products and extend the Western Union services to all branches gradually.
The MD and the DMD also discussed the problems with the branch managers individually and assured them of extending all-out cooperation from the head office.
The branch managers also expressed their resolve to achieve their business targets set for this year.
The managing director said this while evaluating the performance of the branches under Dhaka south, north and central zones of the bank at the two-day conference at its training institute in the city recently.
Chaired by RBL Deputy Managing Director Md Zillur Rahman, the conference was addressed, among others, by general managers Md Harisul Haque, Md Mainul Haque and Md Enamul Islam Khan.
The managing director gave policy guidelines for achieving the business targets set for year.
He advised the branch managers to find out new areas of deposits by extending services suited to the need of the clients.
He also advised them to carry out their day to day duties with dedication and sincerity, which could carry forward their future career as well.
He asked the managers to adhere to the rules and regulations imposed from time to time by Bangladesh Bank and the RBL head office.
These would bring about a salutary impact on the recovery position of the bank's classified loans significantly, he added.
The RBL managing director asked the zonal heads and the managers under the zones to reduce the classified loans to the desired level by applying more effective measures.
He also advised the concerned managers to disburse agri loans, micro-credits, SME loans, house building loan and general loans to run the banking business smoothly.
The DMD of the bank dwelt on the progress and problems of the branches and gave directive to apply prudent techniques and to ensure relentless efforts to mobilise deposits, recover stuck-up loans, extend new loans and increase bank's business and profit.
He emphasised the need for modernisation of branch banking through computerisation, online banking, introducing new products and extend the Western Union services to all branches gradually.
The MD and the DMD also discussed the problems with the branch managers individually and assured them of extending all-out cooperation from the head office.
The branch managers also expressed their resolve to achieve their business targets set for this year.