Md Monirul Islam
Credit policy is a set of rules and regulations that guides the lending decisions of a bank. It is formulated in line with the Bangladesh Bank’s regulatory guidelines and the bank’s own strategic objectives. The primary purpose of a credit…
Md Monirul Islam
The relationship between a banker and a customer is based on mutual trust, confidence, and good faith. This is known as a fiduciary relationship. When a person opens an account, a legal relationship is created between the bank and the…
Md Monirul Islam
Credit is one of the most important functions of a commercial bank. Commercial banks in Bangladesh mainly provide two types of credit facilities: Funded Credit Facilities and Non-Funded Credit Facilities. Funded Credit Facilities Funded credit is a type of credit…
Md Monirul Islam
Banks provide credit to a wide range of borrowers depending on the nature and size of their business activities. The main types of borrowers are as follows: Individuals (Retail Segment) This segment includes retail traders, micro and small entrepreneurs, farmers,…
Md Monirul Islam
What is Bank Credit? The word “credit” is derived from the Latin word Credo. It means “I believe.” Credit is usually defined as one’s ability to buy with a promise to pay. Bank Credit is the bank’s confidence in the…