Corporate Banking

Corporate Banking Overview

Corporate Banking of Jamuna Bank Limited offers customized corporate banking solution for both its
local Business Houses as well as Multinational Companies. The axiom of JBL’s Corporate Banking
services is to nurture Relationship Banking by maintaining strong relationship with premier corporate
business houses of the country providing their requirement based financial and other banking services.
JBL’s Corporate Banking Division is well equipped with skilled and experienced personnel who have vast
exposure in this area and who being Relationship Managers maintain one to one relationship with all
corporate business houses having relationship with the Bank. Relationship Managers are relentless in
meeting the exact need and any emergency requirement of the corporate customers.

 Areas of Corporate Banking

JBL’s Corporate Banking exposure is concentrated in diversified areas of business that include:
Spinning
Textile
Garments
Garments Accessories
Iron & Steel
Cement
Building Materials
Furniture & Furniture materials
Edible Oil
Food & Beverage items
Various Trading
Ship Building
Ship Breaking
Infrastructure Building & Construction
Electronics & Electrical Equipments
Agro & Agro Products
Transport
Real Estate
Telecommunication

 Corporate Banking offers

JBL Corporate Banking offers a wide range of financial solutions through both Conventional and Islamic
Banking products that include-

Project Finance is allowed for both new project and expansion of existing project by financing mainly
capital machinery at a desired debt-equity in the form of Term Loan preferably up to 5 years, Hire
Purchase, Lease Finance. However, for exceptionally desired Project, JBL also extends financing for
factory building. For promoting Green Banking, JBL gives priority for financing ETP and other
environmental friendly arrangements
JBL prefers for being the lone banker in Project Financing. However, for economically desired projects,
JBL offers Project Financing through loan syndication and take part in syndication.

Working Capital Finance is the preferred area for JBL Corporate Banking. It offers wide range of
products for meeting the working capital requirement of all types of industrial units, trading houses and
commercial houses. JBL meets the working capital requirement not only of local but also of international
businesses requiring import-export supports through Trade Finance.

Various working capital modes of Finances that JBL offers for those business houses that procure raw
materials/ Stocks-in-trade from local market are as follows:

 Cash Credit (Hypothecation) popularly known as CC (Hypo) that requires mainly for financing
local procurement of raw materials/ Stocks-in-trade. CC(Hypo) is revolving in nature given for
one year and is renewed for further period based on satisfactory turnover.
  Time Loan is a preferred mode of working capital finance for procuring local raw
materials/stocks-in-trade. Time Loan is given for a specific period matching with the operating
cycle i.e. 30 to 60 days for trading and 90 to 180 days for manufacturing houses.
 Cash Credit (Pledge) known as CC (Pledge) is offered for those business houses which cannot
offer adequate/requisite collateral security. In this case, the Bank allows finance for purchasing
raw materials/stocks-in-trade from local market allowing drawing through Pay Order directly in
the name of supplier(s). Goods procured are stored in the godown under lock & key of the Bank.
Customers release goods through Delivery Order (DO) by making proportionate payment
against goods.

 Offers for importers

Various supports that JBL offers for importers are as follows:

Import Support: JBL Corporate Banking extends all out supports to Importers by allowing Irrevocable
Letter of Credit both sight and deferred term basis advising and even confirming the same through its
wider correspondent network.

Post Import Finance:

 Loan against Trust Receipt popularly known as LTR is allowed as post import working capital
finance for a period of mainly 45 days to 90 days for trading and 90 days to 180 days for
manufacturing houses. This is a preferred mode of finance since it is a short-term facility.
 Time Loan is allowed in very special cases considering the creditworthiness, reputation and/or
security position of the customer for supporting a part of duty structure against high volume
imported consignment.

Loan against Imported Merchandise known as LIM is offered for those business houses which cannot
offer adequate/requisite collateral security. In that case, the bank allows LIM as post import finance.
Goods imported are stored in the godown under lock & key of the bank. Customers release goods
through Delivery Order (DO) by making proportionate payment against goods.

 Offers for Exporters

Various Supports that JBL Offers for Exporters are as follows:

 Back-to-Back Letter of Credit facility is allowed against confirmed Master (Export Order)
LC/Contract of well-reputed buyers for procuring various raw materials from both local and
international markets.
 Packing Credit popularly known as PC is allowed at 7% interest rate for financing cutting and
manufacturing expenses. PC is allowed at 10% to 20% of export bill considering other financial
obligations of the customer(s). However, it is allowed at the pre-shipment stage but when raw
materials against respective export order is available at warehouse.
 Overdraft popularly known as OD is allowed to Exporters for meeting any emergency working
capital requirement.
 Foreign Documentary Bill Purchase (FDBP) is allowed at the request of the exporter against
complied export documents.
 Local Documentary Bill Purchase (LDBP) is allowed as finance against Accepted deferred
Export Bills of deemed Exporters. this is the most preferred mode of finance for JBL and JBL
offers concessional rate of interest on this finance.

 JBL offers to Contractors/Suppliers

Various supports that JBL offers to Contractors/Suppliers are as follows:

  Bid Bond is allowed for helping Contractors/Suppliers for participating in different Tenders.
 Overdraft (Pay Order) is allowed where Contractors/Suppliers are required to submit Pay
Order in lieu of Bid Bond. JBL extends 90% finance in the form of Overdraft after depositing
10% cash margin by the Contractors/Suppliers for issuance of the Pay Order.
 Performance Guarantee (PG) is allowed for ensuring Contractors’ /Suppliers’ performance of
the Contract.
 Advance Payment Guarantee (APG) is allowed for helping Contractors’ /Suppliers’ receipt of
advance against the work from the Employer/Work Order awarding Agency.
 Overdraft (Work Order) is allowed as working capital for smooth execution of the work under
a specific Work Order against assignment of entire bills under the Work Order. Finance is
allowed for any construction work up to 20-30% of Work Order value, which is disbursed in
phases based on satisfactory progress of work and for any Supply Order up to 60-70% of
Supply Order value.
 Security Bond (Payment Guarantee) is allowed in favor of various utility providing
authorities, customers, shipping agents, Airlines, AITA, or any other purpose as per requirement
within the purview of regulatory rules & regulations.
 JBL also provides Guarantee against Counter Guarantee of any good rated foreign bank.

Islamic Banking
 Islami Banking Activities

Besides conventional banking, Jamuna Bank Limited is carrying Islami Banking activities based on Islami
Shaiah principles. The first Islami Banking branch of the Bank opened on October 25, 2003 at Nayabazar
in Dhaka. Afterwards it’s second branch opened on November 27, 2004 at Jubilee Road in Chittagong.
Jamuna Bank Limited is committed to conduct business of it’s Islami Banking branches strictly complying
Shariah requirements. To achieve this goal a Shariah Supervisory Committee has been constituted with
renowned Islami scholars of the country and senior banker having Islami Banking experiences in depth
knowledge of conventional and Islami Banking. All activities of Islami Banking branches are carried out
under the guidance of this Committee. A separate division has also been created at Head Office.

 Mode of Deposits

Islami Banking branches receive deposits under two principles:

i) Al-Wadeeah principle.
ii) Mudaraba principle.

Al-Wadeeah:

Fund which is deposited with Bank by the depositors with clear permission to utilize /invest the same is
called Al-Wadeeah. Islami Banking branches receive deposits in Current Accounts on the basis of this Al-
Wadeeah Principle. Islami Banking branches obtain permission from the Al- Wadeeah depositors to
utilise the Funds at its own responsibility and the depositors would not share any profit or loss
earned/incurred out of using of this funds by the bank. The bank have to pay back the deposits received
on the principle of Al-Wadeeah on demand of the holders. The depositors have to pay govt. taxes and
other charges, if any.

Mudaraba:
 Mudaraba is a partnership of labour and capital, where one partner provides full capital and the other
one manages the business. The capital provider is called Sahib-Al-Maal and the user of the capital is
called Mudarib. As per Shariah principles, the Mudarib will conduct the business independently following
Shariah principles. The Sahib-Al-Maal may provide advices, if he deems fit but he can not impose any
decision over the Mudarib. Profit, if any, is divisible between the Sahib-Al-Maal and the Mudarib at a
predetermined ratio, while loss, if any, is borne by the Sahib-Al-Maal. Mudarib can not avail of any
salary or remuneration against his labour as a manager or conductor of the enterprise/business. The
deposits, received by Islami Banking branches under this principle are called Mudaraba Deposits. Here,
the depositors are called Sahib-Al-Maal and the bank is called Mudarib. The Mudaraba deposits include:

i) Mudaraba Savings Deposits (MSD)

ii) Mudaraba Short Notice Deposits (MSND)
iii) Mudaraba Term Deposits (MTD).

 Profit Rates of Islamic Deposit Schemes

JBL has developed various deposit schemes on the basis of this Mudaraba principle for it`s Islami
Banking branches such as:

Scheme Deposits:

 Mudaraba Monthly Savings Deposit Scheme

 Mudaraba Crorepoti Deposit Scheme
 Mudaraba Lakhopoti Deposit Scheme
 Mudaraba Double/Triple Growth Deposit Scheme
 Mudaraba Education Deposit Scheme
 Mudaraba Hajj Deposit Scheme
 Mudaraba Marriage Deposit Scheme
 Mudaraba MillionareDeposit Scheme
 Mudaraba Monthly Benefit Deposit Scheme
 Mudaraba Rural Deposit Scheme
 Mudaraba Pension Deposit scheme
 Mudaraba Car Deposit scheme

Visit your nearest branch to know the profit rates.

 Investment Principles & Products

Mudaraba is a shared venture between labour and capital. Here Bank provides with entire capital and
the investment client conducts the business. The Bank, provider of capital, is called Sahib-Al-Maal and
the client is called Mudarib.The profit is to be distributed between the Bank and the investment client at
a predetermined ratio while the bank has to bear the entire loss, if any.

 Investment System Islami Shariah

Investment in Imports:

The import business is broadly divided into the following three categories:-

i) Import of Commercial goods.

ii) Import of raw materials for production purpose.
iii) Import of capital / machineries.
The importers avail of investment facilities against all kinds of imports. But in case of imports under
category (i) and (ii), investments are made under the Shariah approved Bai-Murabaha and Bai-Muajjal
modes and in case of import under category (iii), investment is made under the Shariah compliant mode
of Hire Purchase under Shirkatul Meelk (HPSM). Investment facilities are also provided for import
business through Bai-Salam, Musharaka and Mudaraba modes. Besides, the Islami Banking branches will
fully abide by the national and international norms and guidelines relating to export/import business.

1. Import under the Bai-Murabaha system<strong< p=""></strong<>

1.1 Definition of the Bai-Murabaha: Bai-Murabaha is a contract between a buyer and a seller under
which the seller sells certain specific goods permissible under Islamic Shariah and law of the land to the
buyer at a price determined by charging agreed profit, margin or mark-up over the cost price. In this
case, the buyer either makes cash payment to receive the goods or is allowed to make payment by
instalments or on a fixed future date. The profit mark-up may be fixed in lump sum or in percentage
over the cost price of the goods.

1.2 Some important features of the Bai-Murabaha mode of investment

a) The client (buyer) requests the Bank to purchase particular goods and promises to purchase the same
from the bank at a price fixed by charging profit over the cost price.
b) Under the Bai-Murabaha mode of investment there is no scope to increase the price once it is fixed.
c) After buying the goods, the Bank has to bear all the risk until goods are actually delivered to the
client.

Import of goods under Bai-Murabaha mode of investment

In the import business, the importer provides an irrevocable letter of authority to the ank to import
specific goods on behalf of him (the client) from the foreign seller and romises to buy the same from the
Bank. In this case, the Bank is designated as a onsignee in the Bill of lading and later on the Bank hands
over the same to the mporter through endorsement i.e. the ownership of the goods is transferred to the
mporter. As per uniform customs and practices, the seller lodges his claim or places claim for dues to
the buyer's Bank through the bill of exchange and the buyer’s bank discharges the claim on behalf of the
buyer. The above import system is fully approved/ supported by the Islamic Shariah.

1.3 Investment in imports by Islami Banking branches

In the import business, Bai-Murabaha investment is accomplished through a single deal at the time of
opening L/C, Bills and Shipment. For example:

a) Murabaha Import L/C

b) Murabaha Import Bills (MIB)
c) Murabaha Post Import (MPI)

1.4 Murabaha Post Import (MPI)

The importers apply for investment facility against imported goods after shipment for payment of the
invoice values of the goods to the seller/supplier including custom duty, VAT and other expenses. In
such a case, Islami branches allow a Bai-Murabaha investment facility under single deal concept. It is so
called as the Letter of Credit. Bills and the handling of Post-shipment are settled under one agreement
while opening the letter of credit for importing the goods.

1.5 Accounting procedure for purchase price, profit and sale price

a) Price payable to the supplier

b) Other expenses related with purchase

i) Conveyance - TA/DA
ii) Commission payable to the agents.
iii) The expenditures in connection with supplier’s payment.
iv) Transportation cost up to the Bank’s godown.
v) Transit Insurance and other expenses.
vi) Godown rent and salary of officials etc. incurred before sale of goods.

Additional expenses

1. Duty
2. VAT
3. License fee
4. Commission for C&F agent etc.

c) Cost price or total value = a + b

d) Estimated profit/Mark-up profit (profit percentage on purchase/cost price)

e) Sale price = c + d

f) The net Investment amount is determined after deduction of the down payment (if any ) from figure
at "e" above.

2. Import under the Bai-Muajjal mode of investment

2.1. The term Bai-Muajjal means "deferred payment sale" or "Sale on Credit"

Under this mode of investment a contract is made between the buyer and seller for buying and selling of
goods approved by Islamic Shariah and law of the land on the stipulation to pay the agreed price at a
specific future date or by fixed installments.

2.2 Some important features of the Bai-Muajjal mode of investment

Most of the features of Bai-Murabaha and Bai-Muajjal are alike excepting the following:

1. Bai-Muajjal sale is executed completely on deferred payment system

2. The sale price is determined adding the profit with cost price. It is not necessary to disclose the cost
price and the profit mark-up separately to the client. But in Bai- Murabaha, the cost price and the profit
mark-up ratios are to be disclosed separately to the client.
3. The accounting procedure for imported goods under both the Bai-Muajjal and Bai- Murabaha mode
are alike. But so far as contract is concerned they are different. Bai- Murabaha contract and Bai-Muajjal
contract are executed for imports under Bai- Murabaha and Bai-Muajjal modes respectively.

3. Import under diminishing proprietorship method (Hire Purchase under Shirkatul Meelk-
HPSM)

Capital machineries and other re-usable goods are imported under this mode. It combines three modes:
rent (Ijara), partnership (Shirkat) and buying and selling.

1. The Bank and the client invest their capital jointly through a contract called partnership
(Shirkat).
2. The bank leases its portion at a certain rent.
3. The Bank sells its portion to the client on receipt of the price under this system.

4. Import under Musharaka mode of investment

4.1. Definition of Musharaka: Musharaka is a Shariah compliant mode of investment wherein the bank
and the client jointly provide the capital. Here no prefixed profit is earmarked like in Bai-Murabaha or
Bai-Muajjal. Profit, if any, is distributed as per agreement between the client and the bank while the
loss, if any, is shared according to capital ratio.

4.2. Some general features of Musharaka mode of investment :

 1. The Musharaka agreement shall clearly laid down the amount of capital investment to be
provided by the bank and the client and the profit/ loss sharing ratio as agreed between them.
2. The actual profit of the business is to be distributed between the bank and the client as per the
agreed ratio. But loss, if any, is to be borne by them as per ratio of the capital.
3. The client shall properly maintain ledger, register, books of accounts etc. and have to show
those to any authorized person of the bank on demand.
4. For the success of client's business the bank shall have the right to give any decision and
supervise the business activities.

4.3. Before establishing Letter of Credit, the bank shall receive an application from the client in
prescribed form which shall include the following aspects:

1. The price of goods to be imported, C&F price as per quotation/indent.

2. Wholesale/retail price of every unit/ton/bag/carton.
3. Import cost including estimated import expenditures.
4. Expected sale price of imported goods.
5. Per unit/ton/bag/cartoon expected sale price of the imported goods.
6. Particulars of any other expenditure in addition to the import cost.
7. Estimated net profit.
8. Capital and profit /loss sharing ratios.

4.4. The Bank shall, thereafter, receive the equity portion of the client and after completion of
documentation shall make payment against the import liability and all expenses related to it as per the
Musharaka agreement. If there is profit, bank shall receive its share of profit as per agreement and in
case of loss, shall bear the same according to capital ratio.

4.5. Fixation of liability in case of loss:

If loss is incurred after performing all duties and responsibilities as per agreement, then the loss would
be borne by the bank and the client according to capital ratio. But if the loss is incurred due to
carelessness, negligence or breach of any condition by the client, then the client would be liable to bear
the loss.

5. Import under Mudaraba mode of investment

5.1. Definition of Mudaraba: Under the Mudaraba mode of investment, the client or businessman or
capital user does not invest any capital. In this case, the bank alone invests all the required capital and
the entrepreneur (the client) directly manages and looks after the business.

5.2. Under this mode, the bank bears all the expenditures related to imports. In this case, the Bank
supervises the use of capital, system of business operation and income of the business etc. The client
maintains all the registers, documents and accounts concerning buying & selling of the goods.

5.3. In this case, profit, if any, is distributed between the bank and the client as per the agreed ratio and
loss is fully borne by the Bank.

Investment in exports:

To accomplish export process/ order as per the terms and conditions of the letter of credit (L/C) and the
agreement executed between the seller and buyer, an exporter needs financial and other banking
facilities on urgent basis. So, it is one of the important functions of a bank to provide investment and
banking facilities to the exporter at different stages of export business. An exporter needs financial
facilities at two stages of export process such as at pre-shipment stage, and at post-shipment stage.
Hence, financial facilities to export sector may be classified as:

1. Pre-shipment Finance.
2. Post-shipment Finance.

Financial assistance/ facilities complying Shariah principles are provided at both the stages of export
process.
Investment at Pre-Shipment stage as per Islami Shariah:

An exporter needs various financial facilities till shipment of goods. Finance is needed for procurement of
raw materials and to meet transportation and other related cost upto shipment. Pre-shipment facilities
are generally provided for the following purposes:

1. To procure raw-materials.
2. To process the exportable goods.
3. For transportation and packaging.
4. For payment of insurance premium.
5. For payment of water, electricity and gas bills etc.
6. For payment of wages and salary/bonus to employees.
7. For payment of freight of the ship.

Shariah compliant modes for Pre-shipment Finance:

1. Back to Back Letter of Credit (Back to Back L/C)

Bank extends Back to Back letter of credit (L/C) facility to exporters to procure/import raw-materials for
producing/manufacturing exportable goods at pre-shipment stage under the mode of Bai-Muajjal.
Initially, no financial facility from the Bank is required when the back to back L/C is opened. But if the
exporter fails to pay the L/C value at maturity or on due date, the Bank provides financial facilities to the
client under Bai- Muajjal mode.

2. Bai-Murabaha TR (Trust Receipt) :

To procure/purchase raw-materials for executing export order the Bank provides investment facilities to
the client under the mode of Murabaha TR. In this case, the Bank obtains Trust Receipt signed by the
client and handover the imported goods to the exporter.

3. Bai-Salam :

3.1 Under the Bai-Salam mode of investment, payment is made in advance to purchase the goods and
the supplier makes promise to deliver the goods at a future date.

3.2 Investment under Bai-Salam mode is made to meet other expenses of the exporter excepting the
manufacturing cost of exportable goods. The Bank purchases a portion of the exportable goods under
the Bai-Salam mode and makes advance payment for the same on the condition that arrangements will
be made by the exporter to export the goods purchased by the Bank along with other goods of the
exporter.

3.3 Fixing purchase price of the goods and recovery of bank's investment:

The purchase price is determined by deducting estimated profit of Bank's purchased portion of the
exportable goods. The Bank recovers its dues after realization of export proceeds.

4. Musharaka:

Pre-shipment investment may be made under Musharaka mode of investment if there is any pre-
determined investment arrangement.

Post-Shipment Investment :

Bank provides post-shipment investment facilities through Negotiation (FBN) and purchase of export
bills. It normally negotiates or purchases the export documents if the documents/bills prepared by the
exporter are found in order/correct in all respect. The bank adjusts the liabilities against FBN/FBP after
receiving the export proceeds and earns exchange income from this. This mode of investment is in
compliance with the Islamic Shariah.

SME Banking
 Jamuna Bonik

To operate your business with extra ease, term loan is not always the only solution. Keeping this capital
requirement for your business, Jamuna Bank is offering a package of working capital solution [50% term
loan & 50% revolving credit (cash credit) facility] to run the business smoothly.

Purpose

To meet up working capital requirement of the business.

Key Features

 Loan Amount: BDT 5.00 lac to BDT 50.00 lac.

 Tenure: For revolving loan- Maximum 01 year (Renewable).
 For Term Loan- Maximum 36 months. Interest Rate: Competitive interest rate. Fast and quality
service.
 No hidden charge.
 Registered Mortgage of Property is required.

Eligibility

 Having business at least 2 years in the same line.

 Age Limit of the Borrower : 20 years to 60 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of business.

 Jamuna Chalantika

To operate your business with extra ease, term loan is not always the only solution. Keeping this capital
requirement for your business, Jamuna Bank is offering a package of working capital solution [50% term
loan & 50% revolving credit (cash credit) facility] to run the business smoothly.

Purpose

To meet up working capital requirement of the business.

Key Features

 Loan Amount: BDT 5.00 lac to BDT 50.00 lac.

 Tenure: For revolving loan- Maximum 01 year (Renewable).
 For Term Loan- Maximum 36 months. Interest Rate: Competitive interest rate. Fast and quality
service.
 No hidden charge.
 Registered Mortgage of Property is required.

Eligibility

 Having business at least 2 years in the same line.

 Age Limit of the Borrower : 20 years to 60 years.
 Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of business.

 Jamuna Green

To save our beloved earth from the disaster of Green House Effect, Jamuna Bank is offering ECO friendly
product ‘Jamuna Green’. Under this product, you can get finance for ETP plants in different sectors, Eco
friendly vehicles, Eco friendly fields (reduce CO2 emission), Bio Fertilizer, Bio gas plants, Solar plants and
Eco friendly any other business. Mode of finance shall be Term Loan mainly.

Purpose

 To facilitate establishment of eco friendly projects.

Key Features

 Loan Amount: Max. 300 lac.

 Tenure: Max. 60 months.
 Interest Rate: Competitive interest rate.
 Fast and quality service.
 No hidden charge.

Eligibility

 Having business for at least 2 years in the same line.

 Age Limit: 20 years to 60 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of the concerned business.

 Jamuna Jantrik

When any SME client wants to puchase any machine or vehicle for business, Jamuna Bank is there with
the offer of ‘Jamuna Jantrik’ thorugh which the client can get a lease finance facility.

Purpose

 To procure machinery or vehicle for SME business purpose.

Key Features

 Loan Amount: BDT 5.00 lac to BDT 50.00 lac.

  Tenure: Max. 60 months.
 Interest Rate: Competitive interest rate.
 Fast and quality service.
 No hidden charge.

Eligibility

 Having business for at least 2 years in the same line.

 Age Limit: 20 years to 60 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of the concerned business.

 Jamuna Nari Uddogh

About fifty percent of our total population is women and many of them have succeeded as a business
entrepreneur. To give our incomparable ladies some extra ease and to help them to get financial
freedom, Jamuna Bank Ltd. is offering a product ‘Jamuna Nari Uddogh’. To make your dream come true,
we are always with you as a true friend.

Purpose

 Any justifiable business purpose.

Key Features

 Loan Amount: BDT 3.00 lac to BDT 50.00 lac.

 Tenure: For Trading & Service Industry 36 months.
 For Manufacturing industry 42 months. Interest Rate: 9.00% - the lowest interest rate.
 Fast and Quality Service.
 No hidden Charge.
 Up to BDT 25.00 lac is collateral Free.

Eligibility

 Having business at least 2 years in the same line of business.

 Age Limit: 25 years to 60 years.

Required Documents

 Last Twelve months sales statement.

 Last Twelve months bank statement of transactional account.
 Valid Trade License of last two years.
 National Voter ID/ Passport/ Ward Commissioner/ UP Chairman certificate of the borrower.
 Photograph of the proprietor and the guarantors.
 Utility bill of business.

 Jamuna NGO Shohojogi

 From the very beginning, one of the goals of Jamuna Bank Ltd. is to provide services to the under
privileged people of remote areas. Keeping that idea in mind, the Jamuna Bank Ltd. has come forward
with a product for SME customers named ‘Jamuna NGO Shohojogi’. ‘Jamuna NGO Shohojogi’ ensures
wholesale financing through the reputed NGOs in the country whose past records are remarkable,
repayment behaviors are satisfactory, growth rates are significant and above all loan monitoring &
recoveries are above 95%.

Purpose

 To provide loan facility to the small enterprise through wholesale lending to the NGOs.

Key Features

 Loan Amount: Max. limit BDT 500.00 lac

 Tenure: Max. 48 months.
 Interest Rate: Competitive interest rate.
 Fast and quality service.
 No hidden charge.
 Monthly instalment basis.

Eligibility

 Any type of NGO having certificate from Micro Credit Regulatory Authority to operate business in
Bangladesh.
 Having business at least for 5 years in the same line.
 Age Limit: 20 years to 60 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 Personal guarantee of all the directors.

 Jamuna Shachchondo

Who does not want ‘Shachchondo’ in life? For the financial ease in your business, Jamuna Bank is
offering ‘Jamuna Shachchondo’ product through which you can enjoy both overdraft and term loan
facilities.

Purpose

To meet up working capital requirement of the business.

Key Features

 Loan Amount: BDT 15.00 lac to BDT 50.00 lac.

 Tenure: For 1st time loan- 12 months to 30 months. For Repeat Loan- 36 moths to 48 months.
 Interest Rate: Competitive interest rate.
 Fast and quality service.
 No hidden charge.
 A FDR shall be taken covering minimum 25% of the total ticket size. The SOD facility shall be
allowed upto 90% of the FDR amount.
 Guarantor must be renowned business person and have permanent residence in the
commanding area/ possession of the shop.
 Business premise must be owned/ possession held by the borrower.
 Eligibility

 Having business for at least 5 years in the same line.

 Age Limit: 30 years to 55 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of the concerned business.

 Jamuna Sommriddhi

Can you emagine – Jamuna Bank is offering you four times loan facility against your encashable
securities like FDR !!!!! To avoid encashment of your long held savings - Jamuna Bank is with you with
this amazing product ‘Jamuna Sommriddhi’. Suppose, you have Tk. 5 lac deposit as FDR with our bank
and now you want some capital in your business. But you intend to avoid encasement of your long held
savings. If so, do not think anything else, just grab this offer.

Purpose

 Any justifiable business purpose.

Key Features

 Loan Amount: Max. limit 50.00 lac.

 Tenure: Max. 48 months.
 Interest Rate: Competitive interest rate.
 Fast and quality service.
 No hidden charge.
 Lien of FDR of 25% of the total loan amount.

Eligibility

 Having business for at least 2 years in the same line.

 Age Limit: 20 years to 60 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of the concerned business.

 Jamuna Swabolombi

As an entrepreneur, definitely you need working capital to run your business smoothly. To get this
working capital generally you need to keep some collateral security like land as mortgage to the Bank.
But you do not have any landed property or any cash security of your own. So ? Would it be the end of
 your dream ? Never. Jamuna Bank will never let you stop because your business is our responsibility.
Jamuna Bank Ltd. has ‘Jamuna Swabolombi’ – Collateral free Term Loan in its basket. Just come with
proper documents & get it.

Purpose

 Any justifiable business purpose.

Key Features

 Loan Amount: BDT 5.00 lac to BDT 25.00 lac.

 Tenure: For Trading & Service Industry 30 months. For Manufacturing industry 36 months.
 Interest Rate: Competitive interest rate.
 Fast and quality service.
 No hidden charge.
 Up to BDT 25.00 lac is collateral Free.

Eligibility

 Having business for at least 2 years in the same line.

 Age Limit: 20 years to 60 years.

Required Documents

 Last twelve months’ sales statement.

 Last twelve months’ bank statement.
 Valid Trade License of last two years.
 National Voter ID/ Passport of the borrower.
 Photographs of the borrower and the guarantors.
 Utility bills of the concerned business.

International Banking
 Correspondent Banking

We are maintaining correspondent banking relationship with 328 international Banks around 82 Countries
in 897 different strategic locations worldwide to ensure the best and steadfast trade services. Presently
we are maintaining 20 Nostro Accounts in different Major Currencies like USD, GBP, EURO, JPY, CHF, SAR,
AED & ACU Dollar with various world reputable Banks.

Since we have wider Correspondent Network with sustainable Credit Limit and good relationship globally,
we can provide the following services smoothly:

 LC Advising
 LC Confirmation
 Bank Guarantee
 Hajj Guarantee
 Purchasing /Discounting /Negotiating Export Bills
 Off Shore Banking Services
 Trade Payment Settlement
 Foreign Remittance

Some of our key Correspondent Banks are:

  Standard Chartered Bank  Asian Development Bank
 Citi N.A.  Bank of China
 HSBC  Royal Bank of Canada
 Commerzbank AG  Bank of America
 Duetsche Bank  Danske Bank
 JPMorgan Chase Bank  Nordea Bank AB
 KBC Bank NV  UBS AG
 Bank of New York Mellon  Industrial and Commercial Bank of China
 Bank of Communications  China Construction Bank Corporation
 Woori Bank  Agricultural Bank of China
 BNP Paribas  Bank of Tokyo Mitsubishi
 Mashreq Bank PSC  National Australia Bank
 UBAF  United Bank Limited
 Mizuho Corporate Bank  United Bank AG
 Banca Intesa Sanpaolo SpA  Bank Al Bilad
 Habib Bank AG Zurich  State Bank of India
 Habib American Bank  Emirates NBD
 Banca UBAE SpA  Abu Dhabi Commercial Bank
 UBI Banca  Caixa Bank SA
 UniCredit SpA  Axis Bank Ltd.
 ANZ Bank  ICICI Bank Ltd.

 Trade Finance

International Trade forms the major business activity undertaken by Jamuna Bank Ltd. The Bank with its
worldwide correspondent network and close relationships with key financial institutions provides an
extensive trade services network to handle your transactions efficiently. Our key branches throughout the
country and Offshore Banking Unit (OBU) are staffed by personnel experienced in International Trade
Finance. These offices are the focal point for processing import and Export transactions for both small and
large corporate customers. We offer a complete range of Trade Finance services. Our professionals will
work with you to develop solutions tailored to meet your requirements, through mobilizing our full range
of trade services locally, and drawing on our global resources. We can offer you professional advice on all
aspects of International Trade requirements, namely:

 Issuing, advising and confirming of Documentary Credits.

 Pre-shipment and post-shipment finance.
 Negotiation and purchase of Export Bills.
 Discounting of Bills of Exchange.
 Collection of Bills.
 Foreign Currency Dealing etc.

 Offshore Banking

An Offshore banking Unit (OBU) of a Bank is a deemed foreign branch of the parent bank located within
Bangladesh, and shall undertake International Banking business involving foreign currency denominated
assets & liabilities. An offshore bank is simply a bank based in a jurisdiction outside of your country of
residence. Accordingly, Jamuna Bank Limited has started its OBU operation on 22nd April 2010 having
following objectives:

 To widen and diversify JBL’s area of services to the foreign investors as they do not have the
opportunity of availing credit facilities from different Financial Instittution in Bangladedsh.
 To diversify the sources of foreign exchange earnings by increasing export of Bangladesh throgh
the EPZs.
 To encourage and foster establishment and development of industries and commercial enterprises
in EPZs in order to wider and strengthen the economic base of Bangladesh.
Jamuna Bank Limited offer the following range of Offshore Banking Services:

 Foreign Currency Deposites( Non Resident entitles and NRBs)

 Loan in Foreign Currencies
 Credit Facilities including Trade Financing
 Negotiation/Purchase of Export Bills
 Discounting of Export Bills
 Corporate Treasury Services.
 Competitive interest rates
 Easy international transfers
 Fee free accounts

Offshore Bank Accounts

We offer a professional no obligation advice service because we understand that the offshore world offers
many advantages but can be complex and sometimes daunting; and we remain independent when it
comes to solution provision. This means we have access to the complete spectrum of offshore products
and we can assist you to make well-informed, secure and profitable decisions and to select the right
offshore bank account for your needs.