Privatization Work of Rupali Bank Limited

Remarkably mentionable assignment we have done is that our firm was engaged on July 03, 2006 by HRH Prince Bandar Bin Mohammed Bin Abdul rahman Al Saud for preparing the tender document for purchasing of majority shares of Rupali Bank Limited from the Government of Bangladesh through Privatization Commission. We have successfully prepared and submitted the said tender document and eventually our tender was successful. Subsequently lot of formalities had to be observed and a series of meetings were held in the office of Privatization Commission with high Government Officials from different Ministries to resolve various issues. We had had our active participation in the meetings in order to complete the formalities in this connection.

 

Functional Audit of BASIC Bank Limited

We have been appointed by the bank management according to instruction of bank division under Ministry of Finance, GoB and we have efficaciously accomplished the Functional Audit of Basic Bank Limited which has been very noteworthy and mentionable assignment. This assignment has accelerated remarkably our skill & competence and opened the new arena of audit work especially in banking industries. We have successfully prepared the report and submitted the same to the authority concern that has contained the compliance of Terms of Reference (ToR) of the appointment letter. Particularly we have drawn our independent opinion in our report as to whether the bank management has complied with Bank Company Act all the rules, regulations, relevant BRPD circulars, bank’s own policies & procedures in respect of running its day to day functional activities.

 

Eastern Bank  and Dhaka Bank Limited: Risk Based Analysis of Mortgaged properties

The default loan culture has developed in the banking sector of Bangladesh at an alarming rate and in some cases the authorities miserably failed to stop the growth. But as Banks are the custodians of depositors’ money they must pay back the money on demand by their clients and depositors and they must be careful about the recovery of the loan. In this regard the security against the loan delivered must not be at risk of recovery in the case the party become defaulter. In this context Eastern Bank and Dhaka Bank Limited appointed AHKC to analyze and report the risk factors of the mortgaged lands of different parties regarding legal ownership, valuation, measurement, possession and other ancillary factors.

 

 Others

• Dhaka Bank Limited (Asset Valuation of TELEBARTA)