Journal of Business and Economic Development

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Contribution of Trust Bank Ltd. as a Socio–economic Development of Bangladesh: An Analysis

Received: 21 November 2016    Accepted: 26 December 2016    Published: 19 January 2017
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Abstract

Commercial bank can play crucial role in Bangladesh economy. Trust Bank Limited is one of the leading private commercial banks having a spread network at the country. This paper mainly focused on the extensive work of Trust Bank Ltd. to alleviate poverty from the country such as- SMEs, agriculture, women entrepreneurs, CSR campaigns, green projects like Bio-gas, Solar Panel, ETP etc. To examine the average relationship between total net profit and internal indicators, multiple regression analysis will be done. Time period of the study is 2006 to 2015. Credit business is going to be a popular business among the customer of Trust bank Ltd. based on findings of regression analysis. As suggested by the author TBL must work more effectively and efficiently for socio –economic development of the country.)

DOI 10.11648/j.jbed.20170202.11
Published in Journal of Business and Economic Development (Volume 2, Issue 2, May 2017)
Page(s) 71-78
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This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Commercial Bank, Trust Bank Limited, Socio-economic Development, CSR, Goodwill, JEL Classifications: G21, G32

References
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[3] Anon., 2012. PERSPECTIVE PLAN OF BANGLADESH, General Economics Division, Planning Commission, Dhaka, Bangladesh.
[4] Bangladesh Bank. 2016. Bangladesh Currency Reserve: 2015-16. Dhaka, Bangladesh.
[5] Barro, R. J. 1991. Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 407-43.
[6] BBS, 2015. Bangladesh Inflation Rate. Bangladesh Bureau of Statistics, Dhaka.
[7] BBS. 2016. Gross Domestic Product of Bangladesh at Current Prices, 2011-12 to 2015-16 (p). Bangladesh Bureau of Statistics. Retrieved from:[http://www.bbs.gov.bd/WebTestApplication/userfiles/Image/GDP/GDP_2015-16p_final.pdf]
[8] Chaudhury, A. J. 1998. Commercial Bank Restructuring in Bangladesh: Some Issues. A paper presented on a National Seminar, BIBM, Dhaka.
[9] Choudhury, T. A. and Moral. L. H. (1998). “Commercial Bank Restructuring in Bangladesh: From FSRP to BRC/CBRP”. A paper presented on a National Seminar, BIBM, Dhaka.
[10] DCCI. 2010. DCCI Conference: Strategy for Growth. Dhaka Chamber of Commerce and Industry, Dhaka.
[11] Eusuf, B. 2015. Budget 2015-2016: GDP growth and private investment. The Daily Star.
[12] Gupta, K. I. 1984. Finance and Economic Growth in Developing Countries. U.K.: Croom Helm Ltd.
[13] Hassan, M. K. 1993. Banking and Finance in Bangladesh. Dhaka.
[14] Lawson, S.; Heacock, D. and Stupnytska, A. 2007. BEYOND THE BRICS: A LOOK AT THE ‘NEXT 11’. Goldmansachs. Retrieved from: [http://www.goldmansachs.com/our-thinking/archive/archive-pdfs/brics-book/brics-chap-13.pdf]
[15] Quibria, M. G. 1997. The Bangladesh Economy in Transition. Dhaka: University Press Ltd.
[16] Rahman, A. 2015.‘Bangladesh on Path to an Upper-Middle Income Economy. Retrieved from [http://bangladeshmoves.com.bd/news/dr-atiur-rahman-projected-the-investment-opportunity-in-bangladesh-at-bangladesh-road-show-uk-2015/]
[17] ICAB. 2015. Annual Report 2015 & Financial Statements 2014-2015. The Institute of Chartered Accounts of Bangladesh. Dhaka.
[18] Robert G. K. and Ross L. 1993. Finance and Growth: Schumpeter Might be Right. The Quarterly Journal of Economics; 108 (3). pp. 717-737
[19] Saleh, A. Z. 2014. Bangladesh Economic Update Volume 5, No. 5, s. l.: UNNAYAN ONNESHAN. Retrieved from: [http://unnayan.org/reports/meu/MEU_May_2014/MEU_May_2014.pdf]
[20] Samiha, Z. 2015. Bangladesh Infrastructure Investment Plan for 2014-15 | Part 1. Light Casle Blog, 29 January. Retrieved from [http://www.lightcastlebd.com/blog/2015/01/infrastructure-investment-bangladesh]
[21] Trust Bank Ltd. (2005- 2015). Annual report, various issues
[22] The Daily Star. 2015. 3-month turmoil costs nation $2.2b: WB projects lower growth as hartals, blockades badly hurt economy. Published on April 13, 2015. Retrieved from: [http://www.thedailystar.net/frontpage/3-month-turmo
Author Information
  • Studying at Dhaka School of Economics in Master of Economics (Environmental Economics), Constituent Institute Under University of Dhaka, Bangladesh

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    Nawazeesh Muhammad Ali. (2017). Contribution of Trust Bank Ltd. as a Socio–economic Development of Bangladesh: An Analysis. Journal of Business and Economic Development, 2(2), 71-78. https://doi.org/10.11648/j.jbed.20170202.11

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    ACS Style

    Nawazeesh Muhammad Ali. Contribution of Trust Bank Ltd. as a Socio–economic Development of Bangladesh: An Analysis. J. Bus. Econ. Dev. 2017, 2(2), 71-78. doi: 10.11648/j.jbed.20170202.11

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    AMA Style

    Nawazeesh Muhammad Ali. Contribution of Trust Bank Ltd. as a Socio–economic Development of Bangladesh: An Analysis. J Bus Econ Dev. 2017;2(2):71-78. doi: 10.11648/j.jbed.20170202.11

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  • @article{10.11648/j.jbed.20170202.11,
      author = {Nawazeesh Muhammad Ali},
      title = {Contribution of Trust Bank Ltd. as a Socio–economic Development of Bangladesh: An Analysis},
      journal = {Journal of Business and Economic Development},
      volume = {2},
      number = {2},
      pages = {71-78},
      doi = {10.11648/j.jbed.20170202.11},
      url = {https://doi.org/10.11648/j.jbed.20170202.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.jbed.20170202.11},
      abstract = {Commercial bank can play crucial role in Bangladesh economy. Trust Bank Limited is one of the leading private commercial banks having a spread network at the country. This paper mainly focused on the extensive work of Trust Bank Ltd. to alleviate poverty from the country such as- SMEs, agriculture, women entrepreneurs, CSR campaigns, green projects like Bio-gas, Solar Panel, ETP etc. To examine the average relationship between total net profit and internal indicators, multiple regression analysis will be done. Time period of the study is 2006 to 2015. Credit business is going to be a popular business among the customer of Trust bank Ltd. based on findings of regression analysis. As suggested by the author TBL must work more effectively and efficiently for socio –economic development of the country.)},
     year = {2017}
    }
    

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