Annual Report 2Internship Report On General Banking and coustomer Satisfaction.014

7/24/2019 Annual Report 2Internship Report On General Banking and coustomer Satisfaction.014

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Messages from the

Holy QuranThose who take Riba (usury) will not stand (on the

day of Resurrection) except like the standing of

a person beaten by Shaitan (Satan) leading him to insanity.

That is because they say: Trading is only like Riba (usury)! whereas"llah has permitted trading and forbidden Riba (usury). So whosoe#er recei#es an

admonition from his $ord and stops eating Riba (usury) shall not be punished for the past%

his case is for "llah (to &udge)% but whoe#er returns 'to Riba (usury) such are the

dwellers of the ire**they will abide therein fore#er.Surah Al-Baqarah,verse-275

"llah will destroy Riba (usury) and will gi#e increase for Sada+aat (deeds of

charity alms etc.) "nd "llah likes not the disbelie#ers sinners.

Surah Al-Baqarah, verse-276

, you who belie#e- e afraid of "llah and gi#e up what remains (due to you)

from Riba '(usury) (from now onward) if you are (really) belie#ers.

Surah Al-Baqarah,verse-278

"nd if you do not do it then take a notice of war from "llah and /is 0essenger%

but if you repent you shall ha#e your capital sums. 1eal not un&ustly (byasking more than your capital sums) and you shall not


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be dealt with un&ustly (by recei#ing less than your

capital sums).Surah Al-Baqarah, verse-279


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The ank recei#ed the 2ertificate of 0erit in ICMAB Best Corporate Award-2014in 3slamic anking

,peration category from the 3nstitute of 2ost and 0anagement "ccountants of angladesh.

The ank recei#ed the Certificate of Appreciationin the 45th 32" 6ational "ward for est

7resented "nnual Report*894 organi;ed by the 3nstitute of 2hartered "ccountants of angladesh.


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Letter of Transmittal

"ll Shareholders Shah&alal 3slami ank $imited

angladesh ank

angladesh Securities < =xchange 2ommission

Registrar of >oint Stock 2ompanies < irms

1haka Stock =xchange $imited

2hittagong Stock =xchange $imited

6ational oard of Re#enue < other Stakeholders

1ear Sir(s)?0adam(s)

@e are pleased to enclose a copy of the "nnual Report 8945 of Shah&alal 3slami ank $imited

including "udit Report and "udited inancial Statements of 8945 along with 6otes thereon for

your kind information and record.

Thanking you.

Aours truly

Sd?*

0d. "bul ashar

1eputy 2ompany Secretary


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Standard Disclosure IndexThe table gi#en below pro#ides a cross reference to the standard disclosures to the key section of the "nnual Report*8945:

Items 7age 6o.

Corporate Objectives !a"#es $ %tr#ct#re

Bision and 0ission 48*4,#erall strategic ob&ecti#es 45

2ore #alues and code of conduct?ethical principles 45*4C

7rofile of the 2ompany 4D

1irectorsE profiles and their representation on oard of other companies < ,rgani;ations 2hart 4F*4G 8*F

Mana&ement 'eport and ana"(sis inc"#din& )irectors* 'eport+C,airman*s 'eview+C-O*s 'eview etc.

" general re#iew of the performance of the company HH*D4 F9*G4

1escription of the performance of the #arious acti#itices?products?segments of the ank and84 5H*5D

Iroup during the period under re#iew

" brief summary of the usiness and other Risks facing the organi;ation and steps taken to48*45H

effecti#ely manage such risks

" general re#iew of the future prospects?outlook D4 448

2orporate Social Resposibility (2SR) 3nitiati#es 49H 44H*488=n#ironment related 3nitiati#es 484

3nformation on contribution < responsibilities of the ank towards the staff GH*498

(including health < safety) 44D*44F

3nformation on ankEs contribution to the national exche+uer < to the economy 5F*5G G8

)isc"os#re of Acco#ntin& po"ices and /enera" )isc"os#re

1isclosure of accounting polices rele#ant to assetsliabilities3ncome < expenditure in line4G4*89

with best reporting standards

"ny specific accounting policies 4GD

3mpairment of assets 4GG

2hanges in accounting policies?2hanges in accounting estimates 4GD

%e&ment Information2omprehensi#e segment related information bifurcating segment re#enuesegment results

and segment capital employed

"#ailability of information regarding different segments and units of the entity as well as non*

segmental entities?units

Segment analysis of:84* Re#enue

* Results

* Turno#er

* ,perating profit

* 2arrying amount of 6et Segment assets

inancia" %tatements

1isclosures of all contingencies and commitments 4DG 4FC2omprehensi#e related party disclosures 8D*854

1isclosures of Remuneration < acilities pro#ided to 1irectors < 2=, 88

Statement of inancial 7osition?alance Sheet and rele#ant schedules 4DF*4DG

3ncome Statement?7rofit and $oss "ccount and rele#ant schedules 4F9*4F4

Statement of 2hanges in =+uity?Reser#es < Surplus Schedule 4F

1isclosures of Types of Share 2apital 88*885

Statement of 2ash low 4FF

2onsolidated inancial Statement (2S) 4F8

=xtent of compliance with the core 3"S?3RS or e+ui#alent 6ational Standards 4CF

1isclosures?2ontents of 6ote to "ccounts 4G4*89


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Items7age 6o.


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Information abo#tCorporate /overnance

oard of1irectors2hairman and2=, 4C4*4CD

Bision 0ission andStrategy 48*4C

"udit 2ommittee

(2omposition rolemeetings attendance etc.)3nternal 2ontrol < Risk0anagement 449

=thics and 2ompliance 4C

Remuneration and other2ommittees of oard F

/uman 2apital GH*498

2ommunication toShareholders

CA'I;/ A;) :'

CA'I;/

A;)

:'


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3ow we de"iver5 O#r %trate&ic i""ars

oc#s on a"" over t,e co#ntr(

@e ha#e an une+ui#ocal focus on all o#er the country

with deep local relationships. @e are emphasi;ing for

opening of more branches (agri?S0= branch) at rural?

unbanked areas of country.

%trict Observance of %,ari*a,@e belie#e and are committed to pro#ide banking

ser#ice that is purely based on ShariEah.

)iversified deposit and investment prod#ct5

mp,asis bot, w,o"esa"e banin& and

cons#mer banin&

@e operate as a ank with two ma&or businesses

@holesale anking and 2onsumer anking working

together effecti#ely.

C"ient re"ations,ip rat,er t,an a prod#ct driven

approac,

@e focus our capabilities around client needs rather

than seeking a rapid return on products or building

product silos.

)istinctive c#"t#re and va"#es

,ur uni+ue culture and #alues are the source of

significant ad#antage.

Conservative and discip"ined on ris capita" and

"i7#idit(

@e regard balance sheet +uality as a cornerstone of

our business model and strategy and are preparedto sacrifice income to achie#e and protect this.

Or&anic &rowt, t,e primar( driver of o#r

strate&( and va"#e creation

@e belie#e that organic growth dri#es the greatest

#alue creation for our shareholders. @here we

cannot grow organically or cannot do so within a

reasonable time frame we will explore ac+uisitions

that will reinforce our core strategy.

%#pported b( o#r wa(s of worin&

"s a ank committed to 2ordial Ser#ice. @ith an

ongoing commitment to sustainable business

practices upholding high standards of corporate

go#ernance social responsibility en#ironmental

protection and employee di#ersity.

"ode of"onduct +++

t,ica" rincip"es of%IB6

The ank has achie#ed a

remarkable reputation since

its inception. This

reputation is our most

important asset source of

inspiration < pride. The

ankEs continued success depends hea#ily on all member

staffs of S>3$ family doing their best to maintain and

enhance our tradition of honesty integrity fairness

excellence respect and concern for others.

O#r Code of Cond#ct+t,ica" rincip"es "ieswit,

S>3$ promotes ethical conduct by its directors

officials and all other member staffs while pro#iding

banking ser#ices. This ethical conduct includes but is

not limited to the following:

1. "dhering

to the

ShariEah

and

implemen

ting its

principles.

2. 0aintain

honesty

and

integrity

a#oiding

actual or

apparent

conflicts

of interest

in

personal

and

professional

relationsh

ips.

3. 7ro#ide

customer

s with

informatio

n that is

accurate

completeob&ecti#e

rele#ant

timely

and

understan

dable.

4. 2omply

with all

applicable

rules and

regulation

s of thecountry.

B. "ct in good faith responsibly with due

care competence and diligence without

misrepresenting material facts or allowing oneEsindependent &udgment to be subordinated.

6. Respect

the

confidentia

lity of

information

ac+uired in

the course

of oneEs

workexcept

when

authori;ed

or

otherwise

legally

obligated

to disclose.

2onfidenti

al

information

ac+uired in

the courseof oneEs

work is not

used for

personal

ad#antage.

7. Share

knowledg

e and

maintain

skillsimportant

and

rele#ant

to

customerE

s needs.

8. 7roacti#el

y promote

ethical

beha#ior

as a

responsible partner


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among

peers in

the work

en#ironm

ent and

the

communit

y.

9. "chie#e

responsible use of and control

o#er all assets and resources

employed or entrusted.

10. "ny #iolations of this 2ode are

strictly

dealt with

proper

administr

ati#e

action.

Shah&alal 3slami ank $imited "nnual Report 8945

#,


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-orard Loo.in)Statement

This "nnual Report

contains certain

forward looking

statements which

are based on certain

assumptions

describes future

plans strategies

and expectations of

the 2ompany.

These forward

looking statements

are generallyidentified by use of

the words belie#e!

!expect! intend!

anticipate!

estimate! pro&ect!

or similar

expressions. The

2ompanyEs ability to

predict results or the

actual effect of

future plans or

strategies is

uncertain. actors

which could ha#e a

material ad#erse

effect on the

operations of the

2ompany and the

subsidiary included

but not limited to

changes in profit

rates general

economic

conditions

legislati#e?

regulatory

changes

monetary and

fiscal policies of

the Io#ernment

including policies

of the angladesh

ank the +uality

or composition of

the general and or

other in#estment

portfolios

demand for

3n#estment

products deposit

flows

competition

demand for

financial ser#ices

in the 2ompanyEs

market area and

accounting

principles and

guidelines. These

risks and

uncertaintiesshould be

considered in

e#aluating

forward looking

statements and

undue reliance

should not be

placed on such

statements. The

2ompany does

not undertake and

specifically

disclaims any

obligation to

publicly release

the result of any

re#isions which

may be made to

any forward

looking

statements to

reflect e#ents or

circumstances

after the date of

such statements

or to reflect the

occurrence of

anticipated or

unanticipated

e#ents.

1 "d#erse

credit and

capital

market

conditions

may

significantl

y affect

the ability

to meetli+uidity

needs and

increase

cost of

funding%

2 1eclining

asset

markets

could

ad#ersely

affect the


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operations

or

profitability%

1 "n

increase

in defaults

under our

in#estmen

t portfolio

could

ad#ersely

affect our

results of

operations

li+uidity

capital

resources

and

financial

condition%

2 There can

be no

assurance

that

actions of

the

anglades

h

go#ernmen

t and other

go#ernmen

tal and

regulatory

bodies to

stabili;e

financial

markets

will

achie#e

the

intended

effect%

3 anking

businesses

in

anglades

h are

highlyregulated

and we

could be

ad#ersely

affected by

changes in

regulationsand

regulatory

policy%

4 Reputatio

nal

damage

could

harm our

business

and

prospects%

5 ailure to

maintain

our credit

ratings

could

ad#ersely

affect our

cost of

funds

li+uidity

competiti#e

position

and access

to capital

markets%

6 3ntroductio

n of

complianc

e issues

strictly

raised by

the

internation

al forums

likely to

affect the

export

growth%

7 Rise in

international prices


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of essentials

may

resulting to

#olatility in

M market%

8 3nternational

embargo?unr

est in

0iddle*=ast

countries

may affect

remittance

s and

trade%

9 @e may fail

to realise

the

business

growth

opportunitie

s cost

sa#ings

and other

benefits

anticipated

from or

may incur

unanticipat

ed costs

associated

with the

operations

< financial

condition.

#/Shah&alal 3slamiank $imited"nnual Report

8945


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"orporate Information

6ame of the 2ompany Shah&alal 3slami ank $imited

$egal orm " public limited company incorporated in angladesh on 4st "pril 8994

under the companies "ct 4GG5 and listed in 1haka Stock =xchange $imited

and 2hittagong Stock =xchange $imited.

2ommencement of usiness 49th 0ay 8994

Registered ,ffice Nday San; 8? Iulshan South "#enue Iulshan*4 1haka*4848.

Telephone 6o. FF*98*FF8C5CD FF85DH

ax 6o. FF*98*FF8DH9D

@ebsite www.shah&alalbank.com.bd

S@3T S>$ 1 1/

=*mail sblhoOshah&alalbank.com.bd

2hairman ".J. ";ad

0anaging 1irector arman R. 2howdhury

"uditors 0?S. "26"36 2hartered "ccountants

1$ haban ($e#el*4) 48 Jarwan a;ar 2?" 1haka*484C

7hone: FF*98*F4555D*C8

Tax "d#isor 0?S J.0 /asan < 2o. 2hartered "ccountants

FD 6ew =skaton Road 1haka.

7hone: FF*98*GC45CD GC4CH5

$egal "d#isor /asan < "ssociates 2hamber of 2ommerce uilding

(Hth floor) HC*HH 0oti&heel 2?" 1haka

6o. of ranches G

6o. of "T0 ooths 59

,ff*Shore anking Nnit 4

6o. of =mployees 845C

Stock Summary

"uthori;ed 2apital Tk. 49999.99 million

7aid up 2apital Tk. D5D million

ace Balue per Share Tk. 49.99

Shah&alal 3slami ank $imited "nnual

Report 8945 #0


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Products andSer1ices

Shah&alal 3slamiank $imited "nnual Report 8945

'#


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Hi)hli)hts'2#*

'' Shah&alal3slami ank $imited "nnual

Report 8945


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3oard of Directors

C,airman )irectors

".J. ";ad Sa&&atu; >umma

"nwer /ossain Jhan

"lha& 0ohammed aru+ue

!ice C,airmen 0d. Sanaullah Shahid

0ohammed Aounus0d. /arun 0iah

"lha& Syed 6urul "refeen0d. "bdul arek

"bdul /alim

0ohiuddin "hmed

"kkas Nddin 0ollah

Jhandaker Sakib "hmed

=ngr. 0d. Towhidur Rahman

Shahan "ra egum

Independent )irectors

0osharraf /ossain

arida 7ar#in 6uru

Mana&in& )irector

arman R. 2howdhury

Shah&alal 3slami ank $imited

"nnual Report 8945 '(


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3oard ofDirectors

1irectors from $eft to right :

@,andaer %aib A,med

A",aj Mo,ammed ar#7#e

Anwer 3ossain @,an Abd#"

3a"im n&r. Md. :ow,id#r

'a,man Mo,i#ddin A,med

Md. Abd#" Bare A.@. Aad

Mo,ammed ?o#n#s Aas


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1irectors are not in the group photo :

%,a,an Ara Bem arida arvin ;#r#


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The truthful merchant (is

rewarded by being ranked) on

the Day of Resurrection withprophetsveracious soulsmartyrs.

PameE Tirmidhi


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DirectorsPro4le


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5.6.57ad2hairman

". J. ";ad was born on 1ecember 4GCG in a respectable

0uslim family. /e completed his .Sc. /onors in "pplied

7hysics from Nni#ersity of 1haka. "fter completion of

graduation he got in#ol#ed with business.

/e is one of those who ha#e been playing a pi#otal role to

make an industriali;ed angladesh. " #ery energetic and

sincere industrialist 0r. ";ad is the 0anaging 1irector of/a*0eem Iroup of 2ompanies one of the leading

business conglomerates of the country. Nnder the dynamic

leadership of 0r. ".J ";ad this group has been contributing

significantly in a bid to expand R0I sector to a great

extent. This Iroup has a #ast contribution behind the

economic growth of angladesh. /e is also one of the

sponsors of Shah&alal 3slami ank Securities $td.

0r. ";ad has got affiliation with different trade bodies

and social organi;ations. /e is the ormer 7resident of

223. "t present he is the 7resident of 23.

"longside trade commerce and industry 0r. ";ad is

also in#ol#ed in print < electronic media. /e is the

founder and publisher of The 1aily Samakal a leading

engali 1aily of the country. /e is also the ounder of

2hannel 85 a popular TB 2hannel of the country. /is

contribution in education sector is also commendable.

0r. ". J. ";ad is a man of pleasant personality and amiable

disposition. /e has been honored by many socio*cultural

organi;ations for his philanthropic acti#ities and outstanding

contributions to the growth of our national economy.

'8 Shah&alal

3slami ank $imited "nnual Report 8945


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&ohammed ounus

Bice 2hairman

0ohammed Aounus was born in the year 4GCF in a respectable

0uslim family and started business after completion of his education.

0r. Aounus is the sponsor shareholder and Bice 2hairman of the

oard of 1irectors of the ank. /e has long and outstanding

business experience for about two decades.

0r. Aounus is the 0anaging 1irector of Nni#ersal 7aper < oard 0ills

$td. Sobhan 3ce < 2old Storage $td. Aounus ilament 3ndustries $td.

Aounus 7lastic 3ndustries $td. Aounus 2old Storage $td. Quality

"ccessories $td. "nanta 7aper 0ills $td.Aounus 7aper 0ills $td.

Aounus ine 7aper 0ills $td. Aounus Spinning 0ills $td. Sonali 7aperand oard $td. Sharif cold Storage $td. 6ewsprint 7aper 0ills $td.

Aounus offset 7aper 0ills $td. /e is also associated with 3nternational

Tele#ision 2hannel $td. (6TB). 3n addition to his success to trade ony =lectronics and Rony

=lectronics. /e is a man of pleasant personality and amiable disposition. /e

also tra#eled different parts of the world in connection with business.

Shah&alal 3slami ank $imited "nnual Report 8945 '9


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Saatu7 :umma

1irector

Sa&&atu; >umma was born in the year 4G5F in a respectable 0uslim

family and started business after completion of 0asters 1egree.

0r. >umma the ounder 2hairman and 1irector of the ank has

long and outstanding business experience for about two decades

and established himself as an icon of production indenting

electronics and industrial consulting business.

/e is representing resco lour 3ndustries $td. 1esh $andmark $td.

0illing =ngineers $td. and 1esh =lectronics as the 0anaging 1irector.

/e is also a 1irector of Shah&alal 3slami ank Securities $imited.

3n addition to his success in trade and business 0r. >umma is widely

reputed for his contribution in the field of education. /e is theounder 2hairman of Io#erning 2ouncil of 7rime Nni#ersity and

ounder of ir Sraystha /amidur Rahman 2ollege at >henaidha. /e

is also the 2hairman of 7rime oundation.

0r. >umma has also affiliation with different trade bodies and social

organi;ations. /e is also the 0ember of 1haka 2lub Nttara 2lub and Sylhet

Station 2lub. /e is man of pleasant personality and amiable disposition.

5ner Hossain 6han1irector

"nwer /ossain Jhan was born in the year 4GH4 in a respectable 0uslim

family and started business after completion of 0.2om. 1egree.

ormer 2hairman of the ank 0r. "nwer is now the 1irector and

2hairman of the Risk 0anagment 2ommittee. /e has long and

outstanding business experience for two decades and emerged

himself as a prominent figure in medical?health care business.

0r. Jhan is also the 2hairman and 0anaging 1irector of 0odern Iroup

of 2ompanies 0odern 1iagnostic 2entre $td. "nwer Jhan 0odern

0edical 2ollege /a;i Sakawat "nwara =ye /ospital $td. 0odern

1iabetic 2enter $td. 1haka Telecommunication and 0odern

=n#ironmental Technologies. /e is the sponsor shareholder of Shah&alal

3slami ank Securities $td. and areast Stocks < onds $td. /e also

tra#eled different parts of the world in connection with business.

3n addition to his success in trade and business 0r. Jhan is highly

reputed for his contribution in the fields of education social welfare

and health care ser#ice. /e is a 0ember of Io#erning ody of 7rime

Nni#ersity and founder of "nwer Jhan 0odern /ospital $td.

(2 Shah&alal 3slami ank $imited "nnual Report 8945


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&d.Harun &iah1irector

0d. /arun 0iah was born in the year 4GH4 in a respectable 0uslim

family and started business after completion of achelor 1egree.

0r. /arun 0iah has long and outstanding business experience formore than 8C years in NJ.

"s he li#es in NJ for long he established Jushiara inancial Ser#ices $td.

Jushiara 2ash and 2arry $td. angla ro;en in NJ and representing those

entities as 0anaging 1irector. /e is the Bice 2hairman of /oliday 7lanet a

luxurious guest house situated in 1haka. /e is the 1irector of Samsuddin

Jhan < /arun 0iah $td. (NJ) and /otel 7ritom.

5lha Syed ;urul 5refeen1irector

"lha& Syed 6urul "refeen was born in the year 4GH5 in a respectable

0uslim family and he has passed the S.S.2. from St. Iregory /igh

School /.S.2. from 6otre 1ame 2ollege and completed honors umma Member

=ngr. 0d. Towhidur Rahman Member

"nwer /ossain Jhan Member

0ohiuddin "hmed Member

0ohammed Aounus Member

A#dit Committee

0osharraf /ossain C,airman

"bdul /alim Member

Jhandaker Sakib "hmed Member

arida 7ar#in 6uru Member

'is Mana&ement Committee

"nwer /ossain Jhan C,airman

0ohiuddin "hmed Member

Jhandaker Sakib "hmed Member0d. Sanaullah Shahid Member

0d. "bdul arek Member

%,aria, %#pervisor( Committee

/a;rat 0aulana 0ufti "bdur Rahman C,airman

"llama Sheikh "bdul /alim ukharee Member

7rof. /amidur Rahman Member

0aulana Aousuf "bdul 0a&id Member

0ufti Shahed Rahmani Member

0. ";i;ul /u+ Memberarrister 0. Piaul /asan Member

0. Jamaluddin 2howdhury Member

". J. ";ad Member

arman R. 2howdhury Mana&in& )irector $ Member %ecretar(

(8 Shah&alal 3slami ank $imited

"nnual Report 8945


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&ana)ement $Executi1es

Mana&in& )irector %enior !ice residents %enior Assistant !ice 2residentsarman R. 2howdhury 0d. /abibul 3slam S. 0. Rashedul Jarim

Additiona" Mana&in& )irector

Taskina "hmed 0d. 3ftekhar Shahid

0ohd. "bdul /alim 0d. 0oshiur Rahman

0asihul /u+ 2howdhury Rashed Sarwar 0d. Piaul /o+ue

)ep#t( Mana&in& )irector0ohammed "shfa+ul /o+ue 2" 0d. 0okter /ossain

0d. 6a;rul 3slam 0ohammad 6uruddin

0d. Setaur Rahman 0d. 0ahbubur Rasheed =ngr. 0d. Pahidul 3slam

%enior -ec#tive !ice 2residents

0d. Tufael Aakub 0ohammad "nas

Rumana Jutubuddin Jhandker edoura 0ahbub

0d. Shah&ahan Shira& Tari+ul 3slam ".P. /umayun Jabir

0usta+ue "hmed 0d. ahar 0ahmud "bul ashar 0d. Pafry

0d. "khter /ossain

!ice residents0d. Soyeb 3slam 2howdhury

S. 0. >ahangir /ussain 0d. 6ure "lam huiyan

Shahabuddin "mir Nddin 2howdhury 0ohammed Sahab Nddin

0d. 6a;imuddoula 0d. Jhalid /ussain 0d. 6urul "min Sarker

Syed Showket Rana 0d. "bdur Rahim 0d. =lias

"bdul ";i; 2howdhury Iolam Rahman 0ohammad 3+bal /ossain

0d. 0ushfi+ur Rahman 0d. Shamsuddoha Jhandkar 0anwarul 3slam0d. 0ahmudul /a+ue 0d. 6a+uibul 3slam 0uhammad "mir /ossain Sarker

ec#tive !ice residents>ashim Nddin "hmed 0d. "bdul Quddus

0d. "shraful ";im 2" 0d. "bdul Jhale+ue

0d. 6asir Nddin Sultana 7ar#in 6a;ir "hmed

3mtia; Nddin "hmed 0. 3mam /ossain Ia;i 0d. 6oor*"*"lam /ossain

0ahmud /ussain 0d. @ahidur Rahman Tofayal "hmed

0idhat "ra 0ohammad Towfi+ul 3slam 0d. "rifur Rahman

=ngr. 0d. Rafi+ul 3slam 0d. "sadul 3slam Jhan 2howdhury iro; /asan

0d. 0on;urul "lam 2howdhury 0d. "bul ashar 0un;er Rahaman

0d. Saidur Rahman 0d. 6awshad "bbas 0ohammad Sha&edul "lam

0ohammed =skander "lam 0d. 0asudur Rahman0d. "bdulla "l 0ahmud Siddi+ui 0d. >afar Sade+ "2"

". T. 0. Qumruddin 2howdhury (2hief inancial ,fficer)

0uhammad "siful /a+ue >yotirmaya Ioswami

0ohammad 0ahbubur Rahman

Shamsul "rifin erdose

0d. "ktaru;;aman Sarker

Shah&alal 3slami ank $imited "nnual

Report 8945 (9


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&ana)ement of the 3an.

MA;COM From Left to right: Md. afar %ade7 Md. %,a,ja,an %,iraj Md. Ma,m#d#" 3a7#e Md. %eta#r 'a,manMd. A,ter 3ossain arman '. C,owd,#r( Masi,#" 3#7 C,owd,#r( Md. M#s,fi7#r 'a,man

Md. ;aim#ddo#"a $ Md. 'afi7#" Is"am.

6COFromLef

t to right: Md. afar %ade7 Md. 'afi7#" Is"amMd. A,ter 3ossain Md. ;aim#ddo#"a

Md. %,a,ja,an %,iraj Md. %eta#r 'a,man

arman '. C,owd,#r( Masi,#" 3#7

C,owd,#r( Md. M#s,fi7#r 'a,man Md.

Ma,m#d#" 3a7#e Mo,d. Abd#" 3a"im Md.

As,raf#" Aim $ Md. Mon#r#" A"am

C,owd,#r(.

*2 Shah&alal 3slami ank $imited "nnual

Report 8945


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%' :eam From Left to right (sitting) :Md. %,a,ja,an %,iraj Md. %eta#r 'a,man arman '. C,owd,#r(Masi,#" 3#7C,owd,#r( $ Md. A,ter 3ossain and (Standing)Md. afar %ade7 Mo,d. Abd#" 3a"im

Md. Mon#r#" A"am C,owd,#r( Md. 'afi7#" Is"am Md. ;aim#ddo#"a Md. M#s,fi7#r

'a,man Md. Ma,m#d#" 3a7#e $ Md. As,raf#" Aim.

I;!%:M;:

COMMI::

FromLeft toright:Md.

Ba,ar M,m#d Md. Mon#r#" A"amC,owd,#r( Mo,ammad

Asfa7#" 3o7#e Masi,#" 3#7

C,owd,#r( Md. %eta#r 'a,man

Md. Ma,m#d#" 3a7#e $ Md.

M#s,fi7#r 'a,man.

Shah&alal 3slami ank $imited

"nnual Report 8945 *#


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O you who believe-Be afraid ofAllah and give up what remains

(due to you)from Riba '(usury) (from now onward)

if you are (really)believers

Surah "l*a+arah #erse*8DF


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-inancialSummary


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inancia" %#mmar(

ires in mi""ion :aa

%6 Items 2014 201D 2012 2011 2010

A.inancia" osition

4 "uthori;ed 2apital 49999 49999 H999 H999 H999

8 7aid up 2apital D5D HHDG CCHH 55C 58C Reser#e and Surplus 5C8 58D8 59F9 5H5 8

5 Total ShareholdersE =+uity 44HGF 49GC4 GH5H DG4D HD5F

C Total 1eposits GFH94 GH5F4 4984DD FC9 H8GHC

H Total 3n#estment F59H8 FCD9D GH4FC F9CG8 H4559

D 3n#estment in Share and Securities D9G D884 C4H DD 888G

F ixed "ssets 4HC 8GCC 8FGF 4C8C 45D

G Total "ssets (excluding off*balance sheet items) 48HDCF 48FCC5 48F8 49D88G DFF99

49 Total 2ontingent $iabilities and 2ommitment 5988G 5C5 5DFHG 59F 8DHHC

44 7rofit =arning "ssets GDFD 49955 449589 G4G9 HD4G

48 6on*profit =arning "ssets 8FFFC 8F489 8859 4C8H 44HH4

B. Operatin& 'es#"t

4 3n#estment 3ncome 44H5 4H4C 4C858 4949F H54D

8 7rofit 7aid on 1eposit F89G 49CDF 444D9 DDH 5HCF

6et 3n#estment 3ncome 4CH 9D 59D8 8D8 4DCG

5 Total 3ncome 488C 4CH9G 4D5G 4899D GC9G

C Total =xpenditure 49FG8 48G4C 48GG8 G99G CGF9

H ,perating 7rofit 8 8HG5 555D 8GGF C8G

D 7rofit before Tax DDH 8F CC 8FD 8GH9

F 7rofit after Tax D5D 49C 4D9 44HF 89D8

C. Capita" Ade7#ac(

4 Risk @eighted "ssets GF89 FFD98 FGF44 F9C8D DHFF8

8 2apital Re+uirement GF8 FFD9 FGF4 F9C HG4G

2ore 2apital 44HGF 49GC4 GH5H DG4D HD5F5 Supplementary 2apital 49DC 44FG 459G 48HH GGG

C Total =+uity (2ore < Supplementary) 48DD 48459 449CC G4F DD5D

H 2apital Surplus G4 8D9 89D5 444 F8D

D Tier 3 2apital Ratio () 48.5D 48.C 49.D5 G.F F.DF

F Tier 33 2apital Ratio () 4.45 4.5 4.CD 4.CD 4.9

G Total 2apital "de+uacy Ratio (asel*33) () 4.H4 4.HG 48.4 44.59 49.9F

). Investment =#a"it(

4 Bolume of 6on*performing 3n#estment HH48 CC5 8F58 4C8 44D

8 "mount of 7ro#ision against c lassif ied 3n#estment 8DG 4C48 49D 58 8HF

"mount of 7ro#ision against unclassified 3n#estment HD9 D5 GHF G8C D89

5 "mount of 7ro#ision against ,ff alance Sheets =xposures 595 5C5 554 54 8DFC 2lassified 3n#estment as of Total 3n#estment D.FD H.5D 8.GH 4.FG 4.G4

. orei&n c,an&e B#siness

4 3mport usiness FD4 F4G8H 444FD F854 H99HH

8 =xport usiness DHD5 F5F9G 449DFG DG88C 5FFCD

3nward oreign Remittance 89G 8CF5 8G8D C59 H4CH

** Shah&alal 3slami ank $imited "nnual Report 8945


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ires in mi""ion :aa

%6 Items 2014 201D 2012 2011 2010

. rofitabi"it( erformance and 6i7#idit( 'atio

4 6et "sset Balue per Share (Taka) 4C.G8 4H.59 4D. 4D.DF 4G.D9

8 3n#estment to Total 1eposit Ratio () F9.F8 F5.8 FG.H5 G.99 GH.5

Return on =+uity () H.H9 48.HD 4D.94 4.F9 9.D4

5 Return on "ssets (R,") () 9.CG 4.99 4.55 4.8H .94

C ,perating 3ncome Ratio () 4D.H5 4D.8H 8C.C9 85.GD D.44

H Iross 3ncome Ratio () D.G 8.8 C.GC F.CD C4.94

D 6et 3ncome Ratio () C.HC F.H G.G8 G.D 84.DG

F 2ost of 1eposit () D.GH G.HH 49.8D G.4C D.G4

G 2ost of und () 49.5 44.HC 44.FF 49.GF 49.4C

49 Return on Ieneral 3n#estment () 48.DD 45.8 4C.8 4.C 44.G9

44 6et operating 2ash flow per Share (Taka) C.FC G.F5 G.88 D.8 8C.CG

48 7rofit 7er =mployee 4.9G 4.85 8.F 4.FC 8.44

/. )ividend

4 2ash 1i#idend 49 * * * *8 onus 1i#idend * 49 89 8C 9

1i#idend 2o#erage Ratio (Times) 4.98 4.85 4.99 4.9C 4.CC

5 0arket capitali;ation F55G 44899 4CFH 455D4 8D4H4

*Proposed by the Board of Directors

3. %,are,o"ders Information

4 6o. of Share ,utstanding (million share) D5.HG HHD.G9 CCH.CF 55C. 58.C

8 =arnings 7er Share (Taka) 4.98 4.DF 8.CG 8.49 5.HC

6umber of Shareholders F8D4 FCG55 DCC4C DF495 C5C5G

5 0arket Balue 7er Share (Taka) 44.C9 4H.DD 8F.C9 8.55 DG.85

C 7rice =arning Ratio 44.8D F.H9 G.4D 48.F 4D.95

I. Ot,er Information4 6umber of ranches G G8 F5 D H

8 6umber of rokerage /ouse F F F F F

6umber of =mployees 845C 84D 4FF4 4H85 4C84

5 6umber of foreign 2orrespondents 54G GD 54C DD D

Shah&alal 3slami ank $imited "nnual Report 8945 *,


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@e( performance indicators

*/ Shah&alal 3slami ank $imited "nnual Report 8945


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63/65Shah&alal 3slami ank $imited "nnual Report 8945 *0


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!a"#e Added %tatementfor t,e (ear ended D1 )ecember 2014

The #alue added statement for the ank shows how the #alue is created and distributed among different

stakeholders of the ank

artic#"ars 2014 :aa E 201D :aa E

3ncome rom anking Ser#ices 488CF9H5 4CH9FGCHHD8

$ess: 2ost of ser#ices < supplies G9D8F5HDF 44HFFDC5C

Balue added by the anking ser#ices 54C85G48F4 58599F48D

6on*banking income * *

$oan < ,ther 7ro#isions (4CCDC99999) (44999999)

Total #alue added 8CG5GG48F4 G8G9F48D

1istribution of added #alue

To =mployess as salaries < allowances 4HGHF459HH HC.G 4599CF4H H.59

To Io#ernment as 3ncome Tax 8FDDGCC5 4.44 49DDFH5CG8 8D.5

To Statutory Reser#e 4CC4GF8D9 C.GF 5DHCHC8FF 48.4

To =xpansion < growth D454GGG4 8D.C8 G55CG884 85.95

Retained earnings CG894C8 F8FGHCH9

1epreciation 4884FCFHF 44H4GHHH4

2F4FF12G1 100E DF2F0G12DH 100E

)istrib#tion of Added !a"#e

Documents

Annual Report 2Internship Report On General Banking and coustomer Satisfaction.014