Corporate & Trade services are the major thriving sector of Dhaka Bank where International Division (ID) has been providing its all-out support to facilitate the Bank’s trade business. Since its inception, ID has been earning commendable reputation at home and abroad taking the lead in the Trade Services arena in the banking industry. Dhaka Bank offers the finest trade finance deals with its 19 AD Branches and 1 Off-shore Banking Unit, with a vast network of Correspondents (550+) throughout the globe and comprising a tech-savvy, dedicated and skilled workforce.
ID supports the trade finance of Dhaka Bank in the areas like Import Letters of Credit, Export Letters of Credit, Negotiation and Documentary Collection, Confirmation & Discounting, arranging credit lines from top notch renowned global Banks, issuance of Guarantees against Counter Guarantees/Standby Letters of Credit from overseas Banks and financial institutions.
To further enhance the capacity to support trade transactions, Dhaka Bank signed up with Asian Development Bank (ADB) to avail credit guarantee facility from ADB under its Trade Finance Program (TFP) for confirmation of the LCs issued by itself. ID is also responsible for establishment of RMA (Relationship Management Application) with Correspondent BICs (Bank Identifier Codes).