Professional Documents
Culture Documents
National Bank Limited has its prosperous past, glorious present, prospective future and under
processing projects and activities. Established as the first private sector bank fully owned by
Bangladeshi entrepreneurs, NBL has been flourishing as the largest private sector Bank with the
passage of time after facing many stress and strain. The members of the board of directors are
creative businessmen and leading industrialists of the country. To keep pace with time and in
harmony with national and international economic activities and for rendering all modern
services, NBL, as a financial institution, automated all its branches with computer networks in
accordance with the competitive commercial demand of time. Moreover, considering its forth-
coming future, the infrastructure of the Bank has been rearranging. The expectation of all class
businessmen, entrepreneurs and general public is much more to NBL. Keeping the target in
mind, NBL has taken preparations to open 15 new branches and 5 SME centers by the year 2009.
In addition, we are further expanding our presence through developing and expanding the SME
The emergence of National Bank Limited in the private sector was an important event in the
Banking arena of Bangladesh. When the nation was in the grip of severe recession, the
government took the farsighted decision to allow the private sector to revive the economy of the
country. Several dynamic entrepreneurs came forward for establishing a bank with a motto to
National Bank Limited was born as the first hundred percent Bangladeshi owned Bank in the
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private sector. From the very inception, it was the firm determination of National Bank Limited
to play a vital role in the national economy. We are determined to bring back the long forgotten
taste of banking services and flavors. We want to serve each one promptly and with a sense of
The then President of the People's Republic of Bangladesh Justice Ahsanuddin Chowdhury
inaugurated the bank formally on March 28, 1983 but the first branch at 48, Dilkusha
Commercial Area, Dhaka started commercial operation on March 23, 1983. The 2nd Branch was
At present, NBL has been carrying on business through its 106 branches spread all over the
country. Since the very beginning, the bank has exerted much emphasis on overseas operations
and handled a sizable quantum of home bound foreign remittance. It has drawing arrangements
with 415 correspondents in 75 countries of the world, as well as with 37 overseas Exchange
Companies located in 13 countries. NBL was the first domestic bank to establish agency
arrangements with the world famous Western Union in order to facilitate quick and safe
remittance of the valuable foreign exchanges earned by the expatriate Bangladeshi nationals.
This has meant that the expatriates can remit their hard-earned money to the country with much
NBL was also the first among domestic banks to introduce international Master Card in
Bangladesh. In the meantime, NBL has also introduced the Visa Card and Power Card. The Bank
has in its use the latest information technology services of SWIFT and REUTERS. NBL has
been continuing its small credit programmers’ for disbursement of collateral free agricultural
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loans among the poor farmers of Barindra area in Rajshahi district for improving their livelihood.
The Bank earned a profit before tax of Tk. 2,828.80 million for 2008, a growth of Tk. 793.70
million or 39 percent, over the normalized profit before tax for 2007.The Bank's profit after tax
and provision for 2008, at Tk. 1,517.40 million reflected an even stronger growth of 22.51
percent or Tk. 1,238.10 million, over the normalized profit after tax for 2007. In 2008, the bank’s
revenue was Tk. 8,893.10 million, which was up by Tk. 1,710.50 million or 23.81 percent. The
bank's total loans and advances portfolio was Tk.49,665.10 million at the end of December 2008,
compared to Tk.36,475.70 million at the end of December 2007. The deposit base of the bank
registered a growth of 25.51 percent in the reporting year over the last year and stood at Tk.
60,195.20 million in December 2008. This was achieved with better management of interest
margins in volatile market conditions and adequate Balance Sheet growth during the period.
Being a regular tax payer, we have made a direct contribution to Government Exchequer of Tk.
761.70 million in the calendar year 2008 against Tk. 449.70 million in the previous year,
National Bank, has now acquired strength and expertise to support the banking needs of the
foreign investors. NBL stepped into a new arena of business and opened its Off Shore Banking
Unit at Mohakhali to serve the wage earners and the foreign investors better than before.
Since its inception, the bank was aware of complying with Corporate Social Responsibility. In
this direction, we have remained associated with the development of education, healthcare and
have sponsored sporting and cultural activities. During times of natural disasters like floods,
cyclones, landslides, we have extended our hand to mitigate the sufferings of victims. It
established the National Bank Foundation in 1989 to remain involved with social welfare
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activities. The foundation runs the NBL Public School & College at Moghbazar where present
enrolment is 1140. Besides awarding scholarship to the meritorious children of the employees,
the bank has also extended financial support for their education. It also provided financial
assistance to the Asiatic Society of Bangladesh at the time of their publication of Banglapedia
The Transparency and accountability of a financial institution are reflected in its Annual Report
containing its Balance Sheet and Profit & Loss Account. In recognition of this, NBL was
awarded Crest in 1999 and 2000, and Certificate of Appreciation in 2001 by the Institute of
The bank has a strong team of highly qualified and experienced professionals, together with an
efficient Board of Directors who play a vital role in formulating and implementing policies.
MISSION
Our mission is to continue our support for expansion of activities at home and abroad by adding
new dimensions to our banking services which have been ongoing in an unabated manner.
Alongside, we are also putting highest priority in ensuring transparency, account ability,
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improved clientele service, as well as our commitment to serve the society through which we
want to get closer to the people of all strata. Winning an everlasting seat in the hearts of the
people as a caring companion in uplifting the national economic standard through continuous
upgradation and diversification of our clientele services in line with national and international
VISION
Ensuring highest standard of clientele services through best application of latest information
technology, making due contribution to the national economy and establishing ourselves firmly
at home and abroad as a front ranking bank of the country have been our cherished vision.
National Bank Limited, Bangladesh offers their clients the following products & services:
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SERVICE LOCATION
Online Branches – Agrabad Branch, Anderkilla Branch, Babu Bazar Branch, Banani Branch,
Bangshal Road Branch, Barisal Branch, Beanibazar Branch, Bhaluka Branch, Bhatiary Branch,
Bogra Branch, Chaktai Branch, Chapainawabgonj Branch, Chawk Bazar Branch, Chowmuhani
Authorize Dealer Branches - Agrabad Branch, Babu Bazar Branch, Bangshal Road Branch.
Barisal Branch, Bogra Branch, Chapainawabgonj Branch, Dilkusha Branch, Elephant Road
Branch, Foreign Exchange Branch, Gulshan Branch , Imamgonj Branch, Islampur Branch,
Jessore Branch, Joypurhat Branch, Jubilee Road Branch, Kawranbazar branch, Khatungonj
Branch, Khulna Branch, Malibagh Branch, Mohakhali Branch, Motijheel Branch, N. B. Hall
Road Branch, Naogaon Branch, Narayangonj Branch, Rajshahi Branch, Rangpur Branch
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ATM location
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OVERSEAS OPERATION
Western Union
Joining with the world's largest money transfer service "Western Union", NBL has introduced
Bangladesh to the faster track of money remittance. Now, money transfer between Bangladesh
and any other part of the globe is safer and faster than ever before. This simple transfer system,
being on line, eliminates the complex process and makes it easy and convenient for both the
sender and the receiver. Through NBL - Western Union Money Transfer Service, your money
Exchange House
NBL operates its overseas operation by various exchange houses in countries like –
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Singapore - Ameer Tech Remittance & Exchange Services Pvt. Ltd., Balaka Exchange Pte Ltd.
Company LLC, Lari Exchange Establishment, Orient Exchange Company LLC, Redha Al
U.S.A - Placid NK Corporation, Wall Street Finance LLC, One Lake Street
Correspondence Bank
National Bank Limited of Bangladesh runs overseas in correspondence with these countries
banks - Australia, Switzerland, Germany, Italy, U.K, Japan, U.S.A, Canada, Bhutan, India,
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Chapter – 02 {Methodology}
General Objective
This study is a partial requirement of the course on Human Resource Management. The
general objective of the study is to develop a clear understanding about the selection process in
Bangladesh.
Specific Objectives
✔ Comparing National Bank Limited’s selection process with Human Resource theory.
Bangladesh.
Bangladesh.
✔ To recommend ways and means to solve problems differences in practical & theoretical
DATA COLLECTION
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To make the Report more meaningful and presentable, two sources of data and information have
Both primary and secondary data sources were used to generate the report.
The main limitation of the study is lack of information provided by the organization. National
Bank Limited was very cooperative with us in making this assignment but due to its company
rule and insecurity in the market caused this obstacle that we could not overcome.
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• Non-cooperative behaviour of some officials of the bank.
Successful selection activities entail a lot of careful planning & careful thought. The standard
pattern of selection activities are of seven steps, which are given below:
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National Bank Limited recruits employees on the basis of newspaper circulation & by online e-
application on National Bank Limited’s web site. At the e-application section candidates are
obligatory to drop their CV & on the foundation of National Bank Limited’s vacancy &
The application form is given in the online and completely filled applications are carried forward
The Human Resource department mails the admit card to the applicants who have completed the
online application successfully via post card. The questionnaire of the test is based on
mathematics, English and the respective job questions. It is usually held on 100 marks.
The employment test typically holds in any government major educational center. Such as
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The applicants passed in the employment written test are called by the bank. They are mailed an
invitation for the viva-voce for their post. The applicants have to bring their original educational
The certificates are tested here with the application form information. And if any disparity is
The passed applicants are given conditional job offer. For permanent job offer they have to pass
The Human Resource Department scrutinizes the background of the applicant and tries to find
out all ins and outs of the respective applicant. The applicants are kept unknown about the
The applicants are to go for a medical check-up to the authorized medical center by National
Bank Limited. National Bank Limited does not carry the medical fees. It is to be carried by the
applicant himself.
The test report directly goes to the Human Resource Department and the applicants are not
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If the 6th, Background examination, and the 7th Medical test, steps are passed successfully,
At the amalgamation day, the applicants are bound to sign up a ‘Letter of Undertaking’ for five
years continuous service to the bank from the date of confirmation. If he leaves before
completion of 5 years confirmed service or during the probation period he will have t refund to
COMPARISON
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During preparation of the paper major differences between the concept of selection process &
practical selection process at the National Bank Limited were not of a major per cent age. The
differential works between National Bank Limited & theory are given below:
Initial screening is the culmination of recruiting efforts, where potentially acceptable candidates
are reviewed. But National Bank limited begins their selection process by skipping initial
Once initial screening step is completed, applicants are asked to complete the application form
given by organization. As for National Bank Limited the application form is given online on the
e-application section & if applicants are called by newspaper circulation they are required to
drop their CV at the office. Applicants CV are counted as application form of the organization
interest tests to provide major input to the selection process. Handwriting analysis & honesty
tests have been used in attempt to learn about the applicant. As for National Bank Limited, the
Human Resource department mails the admit card to the applicants who have completed the
online application successfully via post card. The questionnaire of the test is based on
mathematics, English and the respective job questions. It is usually held on 100 marks.
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The employment test typically holds in any government major educational center. Such as
interview are measured. At the National Bank Limited, the applicants passed in the employment
written test are called. They are mailed an invitation for the viva-voce for their post. The
applicants have to bring their original educational certificates for producing the same before the
interview committee.
The certificates are tested here with the application form information. And if any disparity is
The passed applicants are given conditional job offer. For permanent job offer they have to pass
Background examination is the process of verifying information job candidate provides. This can
include candidate’s former employers to confirm candidates work record & to obtain their
appraisal of his or her performance, educational accomplishments etc, At the National Bank
Limited, the Human Resource Department scrutinizes the background of the applicant and tries
to find out all ins and outs of the respective applicant. The applicants are kept unknown about the
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Comparison 6: Medical/Physical test
Medical/physical test is the step where applicants’ physical fitness for essential job performance
is measured. In this step the theory & practical process is same. The applicants are to go for a
medical check-up to the authorized medical center by National Bank Limited. National Bank
Limited does not carry the medical fees. It is to be carried by the applicant himself.
The test report directly goes to the Human Resource Department and the applicants are not
Individuals performing successfully in the preceding steps are now considered eligible to receive
employment offer as same process as the selection process of the National Bank limiteds. If the
6th, Background examination, and the 7th Medical test, steps are passed successfully, Human
Officer’ letter.
But at the joining day, the applicant has to sign up a ‘Letter of Undertaking’ for five years
continuous service to the bank from the date of confirmation. If he leaves before completion of 5
years confirmed service or during the probation period he will have t refund to the bank 50% of
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CONCLUSION
As a prospectus bank, National Bank Limited is performing sound in human resource practice as
well as operation & service sector. The overseas operation of the bank is a benchmark in the
banking sector of Bangladesh. The applicant selection process at the National Bank Limited is
precise & easy to perform. The comprehensive interview, realistic job preview of the applicants
provides essentials information to the employers to perform the selection procedure successfully.
As we early said proper selection can minimize the costs of replacement & training, reduce legal
challenges, & result in more productive workforce, from previous study regarding the selection
process of National Bank Limited, we can easily conclude that the selection process of National
Bank Limited is successful not only in the countries perspective as well as the global perspective
which is also proved by National Bank Limited’s flourishing local & overseas operation.
SUGGESTION
National Bank Limited can perform initial screening step in their selection process
because it’ll save time for the organization to select the best suitable applicant.
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National Bank Limited should sorts the best according to the CGPA obtained and the
National Bank Limited does not call the applicants. They only mail the invitation cards.
Sometimes mailing needs more time in our country. So they should start ‘Call The
The conditional job offer obtainers go for the medical test where the cost is borne by the
applicant. But it should be borne by the bank sothat it can increase the bank’s reputation.
The 5 years bond for is a great impediment for many of best applicants. They do not to
stick themselves into any bounding. So the bank should lessen the time period of
REFERENCE
Bangladesh.
MD. Sanaullah
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Officer, IT Division, National Bank Limited, Dhaka Branch
http://www.nblbd.com/
www.accel-team.com/human_resources/hrm_02.html
http://findarticles.com/p/articles/mi_m3495/is_7_46/ai_77197991/
APPENDIX
Questionnaire
Primary information from National Bank Limited (NBL):
QUESTION ANSWER
1. How NBL starts the selection process?
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2. Where NBL circulates for recruitment?
Newspaper or online?
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13. What about the background investigation?
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