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Major departments or Administrative Units of Bangladesh Bank: Accounts & Budgeting Depariment Agricultural Credit Department . Anti-Money Laundering Department + Bangladesh Bank Training Academy Banking Regulation and Policy Department Central Bank Strengthening Project Cell Common Services Department Credit Information Bureau + Debt Management Department Department of Banking Inspection 1 + Department of Banking Inspection 2 Department of Currency Management and Payment System + Department of Financial institutions and Markets Department of Off-Site Supervision + Department of Printing and Publications Equity and Entrepreneurship Fund Unit Expenditure Management Department Major departments or Administrative Units of Bangladesh Ban! Foreian Exchange Inspection & Vcilance Department Foreign Exchange Investment Deparment Foren Exchange Operation Department Foreign Excnange Poicy Department Forex Reserve & Treasury Management Department Governors Secretar! Human Resout stent formation Systems Development Department {ngernal Aust Deparment lnvestment Promotion & Financing Facity Project Cal {T Operation & Communication Department ‘aw Department Monetary Policy Deparment Policy Analysis Unt Research Department Secutty Management Department es Department Slalistics Department 08-03-20 08-03-2017 Objectives and importance of Bank: = The objectives and importance of Bank can be viewed from three different perspectives namely from the view point of owners, government and customers. Objectives of Bank from owner's viewpoint: Earning profit: Profit motive of the owners of the Bank acts as a driving force in engaging themselves in the business of| banking like all other business. Rendering Services: Bank renders various services to the| society 25 a part of thelr social commitment and this is 2 prime objective for engaging in banking business. Bankers are ot only to make profit but also to do some good to the society, Investment of fund: The owners of the bank treat the bank as "2 sultable sector to invest their accumulated saved money. The owners of bank take bank as a way of| ill by enhancing the periphery of their banking Earning good earning good business. Raising efficiency: The owners sharpen their managerial skill ‘and efficiency by ensuring smooth operation of their banking business. Objectives of Bank from Government viewpoint: Issuance of currency notes: Goverment issues currency notes as @ ‘medium of exchange through banks. Formation of capital in society: Government always encourages Yormation of capital in society through households and bank act as 2 catalyzing force in formation of capital In different sectors of the Society. ‘of ideal money. through its. various asset. products and expedites industalization. Eventually this nelps the growth of GDP, alleviating poverty and ensures equal distribution of wealth, introl over money market: Bank by its various products helps in ‘controling money._market (supply of money in the market) and ‘Quards against the economy to be inflated Creation _of employment opportunities: Bank to fulfil its human “Sresource requirements and create a substantial employment opportunities ‘ounseling in, financial matters: Banks sometimes put up effective 08-03-2017 Investment of capital and Industrialization: Bank helps investment L— | y¢/™ isuggestons to. Gove Th Tmarclal matters from thelr part Objectives of Bank from Customer's viewpoint: Safe custodian of public money: Bank acts as a safe custodian of public money. By depositing own money into a Bank account people get rid of worries like theft, burglary and snatching Advice_and counseling: Sometimes bank acts as a financial advisers to its customers in various aspects. Representative or trustee: Bank sometimes performs the role of a representative or trustee on behalf of its customers. Providing credit facility: Bank provides credit facility to its~customers~and-makes opportunities to invest in profitable sector and by the process create income ‘opportunities for customers. mone Lanndeg 9

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