Janata Bank’s impressive results for 2004 were the result of innovative ideas, prudential management and a high level of motivation. “The growth that we achieved in 2004 has set an industry benchmark for us to grow further,” says managing director SM Aminur Rahman. “The magnificent team-work and the zeal of my colleagues have once again proved that if we strive, we can be unstoppable. The half-yearly closing and the results will speak for themselves.” The Bangladeshi banking sector is going through a period of profound restructuring and reform, and Janata Bank stands out among its peers in complying with rigid standards of performance laid down by the World Bank.
“We have significantly improved ourselves by reducing non-performing loans (NPLs),” says Mr Rahman. “We have mapped out a long-term plan for the bank under which it will demonstrate its standing as an organisation of international excellence by following the Bank for International Settlement rules. The board of directors of the bank is aware of the situation and it is through their whole-hearted support that we have once again topped the list in earnings as well as in other few key parameters among the country’s nationalised commercial banks.”
