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The International Operations discussed under this analysis encompasses Commercial Bank’s growing business in Bangladesh, the activities of the Off-Shore Banking Centre in Maldives, and overseas remittance services supported by the e-Banking Centre.

Bangladesh Operations has exceeded most of the targets set at the beginning of the year, resulting a substantial improvement in profitability ratios. Commission income on overseas remittances also recorded a strong growth during the year.

Revenue Drivers

The diagram below details the composition of our international operations.

Bangladesh Operations

Core Competencies

• Strong international presence in corporate banking
• 24/7 call centre
• AAA rating by Credit Rating Information Services Limited (CRISL), Bangladesh
• Network of branches and ATMs
• Dedicated centres to serve the needs of SMEs

Products and Services

• Current, savings, fixed deposit, margin and money market accounts
• Bonus savings accounts
• Dream Planner savings accounts
• DotCom teen saver accounts
• Shamriddhi tiered savings accounts
• FC Plus savings accounts
• High 5 fixed deposits
• Dollarmart FC account
• Personal, term, SME, housing and auto loans
• Lease financing

• Import demand loans
• Packing credit loans
• Trust receipt loans
• Corporate privilege loans
• Prodriddhi loans

Maldivian Operations

Core Competency

• Well-established, long-standing relationships with Maldivian customers

Products and Services

• Project financing development
• Lender in syndicated facilities

Remittances

Core Competencies

• Strong global agent network
• Business promotion officers in main corridors for ground-level marketing
• State-of-the-art technology
• Well-established and trusted correspondent banks
• Recognition as the best bank in the country

Products and Services

• ComBank eExchange: web-based money transfer facility