To become successful in today’s highly dynamic business environment and satisfy the interests of all stakeholders, putting in place efficient and effective risk and compliance management system is extremely important. With this in mind, the Bank has a well-established Risk & Compliance Management Department directly accountable to the Board which is responsible for conducting independent […]
Apart from implementing state of-the- art technology on its own, it has begun providing Card Banking Services through PSS (Premiere Switch Solutions), a company established by the consultation of NIB, AIB, UB, CBO and BIB.The following Card Banking Services are readily available at selected Branches, Hotels, and Investment areas and at University or Collage areas.Withdrawal […]
Required Documents for all Applicants Application Letter Renewed Trade License Tax Identification Numbers (TIN) Recent Tax Clearances Memorandum and Articles of Association (if PLC, S.C. etc) Audited Financial Statement Ownership Documents such as Land Holding Certificate, Ownership Booklet, etc Marriage Certificate of Borrowers and Mortgagors Specific Requirements for Exporters Export plan by type and quantity […]
Loan for Mines,Power and Water This facility is emphasize on products extended for exploration and extraction of minerals; power generation and water development businesses.
Loan for Financial Institution This type of facility is extended for financial institutions: some Loans and advances extended for financial institutions are: Micro-Finance Institutions, Banks, Insurance Companies and others.
Loan for Transport This type of facility is extended to transport sectors. Some of transport loans and advance are: Dry freight cargo, Liquid freight cargo, Public Transport services, Automobiles for Staff, Automobiles for others, Air Transport – Cargo & Passenger, Marine Transport – Cargo & Passenger and others.
Loan for Hotels and Tourism This type of facility is provided to promote the hotel and tourism sector and other directly or indirectly related sectors with tourism.
Loan for Industry or Manufacturing Manufacturing loans and advances are extended for customers engaged in production of goods. The credit facilities are advanced for financing of working capital (i.e. purchase of raw materials, basic and auxiliary materials, packaging materials, intermediate goods, work in progress, labour and etc.) for purchase of machinery and equipment, construction of […]