5. Public Bank
Public bank is a bank, a financial institution,
in which a state or public actors are the
owners. It is a company under state control.
6. Private Bank
Private Banks are banks owned by either an
individual or a general partner’s with limited
partners.
7. List of public banks
Sonali Bank
Agrani Bank
Rupali Bank
Janata Bank
8. List of private banks
BRAC Bank Limited
Dutch Bangla Bank Limited
Eastern Bank Limited
United Commercial Bank Limited
Mutual Trust Bank Limited
Dhaka Bank Limited
Islami Bank Bangladesh Ltd
Uttara Bank Limited
Pubali Bank Limited
IFIC Bank Limited
National Bank Limited
The City Bank Limited
NCC Bank Limited
Mercantile Bank Limited
Southeast Bank Limited
Prime Bank Limited
9. List of private banks
Social Islami Bank Limited
Standard Bank Limited
Al-Arafah Islami Bank Limited
One Bank Limited
Sumon Bank Limited
Exim Bank Limited
First Security Islami Bank Limited
Bank Asia Limited
The Premier Bank Limited
Bangladesh Commerce Bank Limited
Trust Bank Limited
Jamuna Bank Limited
Shahjalal Islami Bank Limited
ICB Islamic Bank
AB Bank
Jubilee Bank Limited
12. Strength of Public Banks
Customer loyalty & brand name
Cost advantage from Economies of Scale
Lower costs lead to higher profits
Lower costs lead to higher profits
Strictly follow ethical banking practices.
Large customer base
13. Weakness of Public Banks
High debt burden
Work inefficiencies
Out dated technology
High workers turnover
Inefficient customer service.
Limited promotion opportunity
Lack of training and development
15. Opportunities of Public Banks
Financial leverage
Online marketing
Emerging market
New market
International expansion
High demand of credit
High demand of remittance facility
16. Threats of Public Banks
International competition
Intense competition
Change in tastes
Political unrest
Technological advancement
Lack of Flexibility to adopt to any change
18. Strength of Private Banks
Strong corporate identity
Efficient Performance
Young enthusiastic workforce
Strong Financial Position
Relationship with existing clients is very
strong
Efficient administration
Technological improvement
19. Weakness of Private Banks
High level of competition
Out dated technology
Lack of knowledge of customer profile
Higher interest rate in case of consumer loan
Rival bank can easily copy the service offering
High worker turn over.
21. Opportunities of Private Banks
Distinct operating procedures
Country wide network
Experienced Managers
Implementation of BASEL
Branch expansion
By offering more attractive interest rates, and lowering
the minimum
If reducing its current fees & charges and positioning attractively , so they can attract more corporate client
balances eligible for interest, the bank can attract a lot of the old customers
22. Threats of Private Banks
Upcoming Banks/Branches
Similar products are offered by other banks
Default Loans
Industrial Downturn
Financial Crisis
Inefficiencies within the operations of the bank
Possibilities of more stringent regulations
Lack of appeal to younger, Student, affluent potential customers
24. Conclusion
Both private and public bank is essential in terms of an
economy. Private Banks play a great role in economic
development of a country. Bangladesh is at least
developing country and its economy is agro-based.
Poverty is the main problem in this country. Banks
collect money from large number of people, which has
made possible for the commerce and industry to meet
the requirements.
25. Recommendation
All banking activities should be performed using IT
Bank should neglect the manual based operation
Staff and officers should be polite
Banks should introduce new product
Banks should consider experience, written test and viva examination in cases of promotion
Banks should provide appropriate training
Banks should take motivational effort
Banks should take strong position against corruption.