Purpose:

1.For in service Defense Officers:

Extend financial support for undertaking construction / reconstruction / extension / renovation and finishing / fitting works of the residential building/ flat and for purchasing apartments in DOHS / RAJUK / Jolshiri Abashon or any other Housing scheme, sponsored by government or armed forces, under House Building Scheme-Defense Officers (HP).

2.For Retired Defense Officers & civilian officers of Ministry of Defence:

Purpose:

To meet personal financial requirement for following purposes:

1. To procure / build / construct / extend dwelling house
2. To procure Household Durables for personal/family use. Items like: Motorcycle, LCD/ LED Television, Refrigerator, Air – Conditioners, Washing Machine, Computers and other household furniture etc.

Procurement of any other assets permissible under Islamic Shariah

Precondition for availing the facility:

• Purpose:To purchase residential plots for house building by the defense officers from “Army Housing Scheme”.
• Mode of investment:HPSM Investment.
• Tenor of the investment:Maximum up to 10 years including grace / moratorium period from the date of last disbursement.
• Maximum Investment:Maximum limit: BDT 8.00 lac

Features:

Loan Limit :

Minimum BDT 70,000/- (Taka Seventy Thousand only);

Maximum BDT 1,55,000/- (Taka One Lac Fifty-five thousand only.

Tenure: Maximum 36 months only.

Features:

Loan Limit: Min BDT. 25,000 & Max BDT. 1,00,000

Tenure: Maximum 36 months.

The Issuer:

The Government of the Peoples republic of Bangladesh as one of the source of its deficit financing issues Treasury Bill & Treasury Bond of different tenor for the purpose of safe and gainful investment of the fund by the individuals, institutions both resident and non-resident in Bangladesh.

Who can Buy:

Asset Liability Management (ALM) is an integral part of Bank Management.  The responsibility of Asset Liability Management primarily lies with Treasury Division (Treasury Front Office) of the bank who co-ordinates balance sheet (asset liability) risk management. However, Bank must have a committee comprising of the senior management of the Bank to make important decisions related to the Balance sheet of the Bank. This team of senior management is typically called the Asset Liability Management Committee (ALCO).

The function of fixed income securities desk is to buy/sell government securities in both primary and secondary market. The basic responsibility of the desk is to participate in the Primary Auction of Government Treasury Bills and Treasury Bonds, enhancing market making capabilities for government securities amongst the market participants and ensuring deficit financing for Government’s Budgetary expenditure.

The functions of Foreign exchange dealing are highly specialized and complex in nature. The activities are therefore, been singled out for intense management attention. During the last couple of years, financial markets have undergone numerous changes with introduction of several exotic products and innovations by way of a range of new dealing platforms of service providers and counterparties as well. With shrinking margin elsewhere foreign exchange dealing operation has emerged as a major source of earning for banks, worldwide.