Jamuna Bank: Clearing Electoral Uncertainties
The Jamuna Bank Ltd (JAMUNABA BD) narrative is underpinned by a quintile 1 global PH Score™ and a low franchise valuation as well as a high...
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ENTITY
Jamuna Bank Ltd (JAMUNABA BD)
Jamuna Bank Ltd (JAMUNABA BD)
1
Analysis
Financials • Bangladesh
Jamuna Bank Limited provides various banking products and services in Bangladesh. The company offers retail banking products, including current and short notice deposits, savings accounts, foreign currency deposits, and fixed deposits, as well as various deposit schemes; and auto, personal, salary, doctors, education, and overseas job loans. It also provides corporate banking solutions for local business houses and multinational companies, such as project finance, working capital finance, cash credit, and time loans; post import and time loans for importers; back-to-back letter of credit, packing credit, overdraft, and local and foreign documentary bill purchase services for exporters; and bid and security bonds, overdrafts, and performance and advance payment guarantees to contractors/suppliers. In addition, the company offers various credit and debit cards; ATM, SMS and mobile banking, and mobile financial services; Islamic banking services; SME banking services; and correspondent banking, trade finance, and offshore banking services. Further, it provides NRB banking, investment facilities, and remittance services; money market, foreign exchange, primary dealers, and treasury management services; and locker and online banking services. As of December 31, 2015, the company operated 102 branches, including 2 Islamic branches and 4 SME centers. Jamuna Bank Limited was founded in 2001 and is headquartered in Dhaka, Bangladesh.
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