Human resource management practices of Janata bank limited

Abstract

Commercial Banks are one of the key contributors to the economy of Bangladesh. As a commercial bank, how much Janata Bank Limited contributing the people of Bangladesh in case of forming capital, lending funds, collecting remittances from aboard, controlling default loan and banking services encourages us to study its financial activities and performance. It is the largest commercial bank which was established in 1972 with the vision to stand out as a pioneer banking institution in Bangladesh and contribute significantly to the national economy. The authorized capital of the Bank is Tk. Taka 2000.00 core. Its paid-up capital Taka 1125.00 core as on June 31, 2013. The bank had 21,839 staff of whom June 31, 2013. They provide different kind of product and services. Janata Bank Limited believes in sound and effective governance as a preferred priority. The Board of Directors is the body responsible for corporate governance, devising policies, determining objectives for stewardship of Bank’s resources. The pace of development of a financial institution is primarily based upon its ability to develop and utilize the innate capacities of its employees. The bank has completed 38th year of banking operations with a network 1201 branches recording significant growth in business and profitability.