Janata Bank Essay

2678 WordsSep 5, 201411 Pages
Historical Background Rupali Bank Ltd. was constituted with the merger of 3 (three) erstwhile commercial banks i.e. Muslim Commercial Bank Ltd. Australasia Bank Ltd. and Standard Banks Ltd. operated in the then Pakistan on March 26, 1972 under the Bangladesh Banks (Nationalization) Order 1972 (P.O. No. 26 of 1972), with all their assets, benefits, rights, powers, authorities, privileges, liabilities, borrowings and obligations. Rupali Bank worked as a nationalized commercial bank till December 13, 1986. Rupali Bank Ltd. emerged as the largest Public Limited Banking Company of the country on December 14, 1986. Vision, Mission, Guiding Principles of Rupali Bank Ltd. Vision Rupali Bank Ltd. dreams poverty free Bangladesh, where sports & athletics, science and education, health and hygiene, clean and pollution free environment and above all a society based on morality make all our lives worth living. Mission The Bank participates actively in socio-economic development of the country by performing commercially viable and socially desirable banking functions. Guiding Principles of Rupali Bank Ltd. • Transparency and accountability. • Zero tolerance on corruption and inefficiency • Flexibility in operation • Constant review of clients’ performance • Other guiding principles includes decentralization and devolution, defining roles and responsibilities, use of state of art modern technologies, bottom-up approach in planning, partnership etc. Corporate Social Responsibility (CSR) Rupali Bank Ltd. RBL has been rendering various services for attaining greater social goals and objectives. In this process, we aim to the development of the society as a whole and fulfillment of corporate social obligation in particular. To reinforce CSR activities, the bank has undertaken fresh initiatives in line with Bangladesh Bank guidelines in the areas of social service.

More about Janata Bank Essay

Open Document