Marketing Strategies of EXIM Bank Limited Bangladesh: Abdullah Al Mamun, MD

Daffodil International University Library
Digital Institutional Repository

Business Administration Project Report of BBA
2014-12-14
Marketing Strategies of EXIM Bank

Limited Bangladesh
ABDULLAH AL MAMUN, Md.

Daffodil International University
http://hdl.handle.net/20.500.11948/1334
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Internship Report on Marketing Strategies of
EXIM Bank Limited Bangladesh
PREPARED BY:
MD. ABDULLAH AL MAMUN
ID: 112-11-278
Major in Marketing
Program: BBA
SUPERVISED BY:
Prof. Dr. Ahmed Fakhrul Alam
Faculty of Business Economics
Department of Business Administration

Submission Date: 14 December, 2014
“©Daffodil International University”

STUDENT DECLARATION
I do hereby solemnly declare that the work presented in this Internship Report has been
carried out by me and has not been previously submitted to any other University/ College/
Organization for an academic certificate/degree.
I, Md. Abdullah Al Mamun, ID No: 112-11-278 declare that the presented internship report
on “Marketing Strategies of EXIM Bank Ltd Bangladesh” submitted as a course requirement
for Bachelor of Business Administration at Daffodil International University was prepared by
me.
The work I have presented does not breach any existing copyright and no portion of this
report is copied from any work done earlier for a degree or otherwise.
I further undertake to indemnify the damage arising from breach of the foregoing obligations.
Md. Abdullah Al Mamun.
ID No: 112-11-278
Major in Marketing
Daffodil international University
i
CERTIFICATE OF SUPERVISOR
This is to certify that Md. Abdullah Al Mamun bearing ID no. 112-11-278 student of BBA
Program, Daffodil International University, has completed the internship report under my
supervision. He has worked with Standard Bank Limited as an internee and completed the
report entitled “Marketing Strategies of EXIM Bank Ltd Bangladesh” as a partial requirement
for obtaining BBA Degree. He has completed the report by himself. He has been permitted to
submit the report.
Md. Abdullah Al Mamun bears a strong moral character and a very pleasing responsibility. It
has indeed been a great pleasure working with him. I wish him all success in life.
..............................
(Professor Dr. Ahmed Fakhrul Alam)
Faculty of Business & Economics
ii
LETTER OF TRANSMITTAL
14 December, 2014
Professor Dr. Ahmed Fakhrul Alam
Faculty of Business Administration
Department of Business Administration,
Subject: Submission of “Internship Report on Marketing Strategies of EXIM Bank

Limited Bangladesh”
Dear Sir,
I have prepared my internship report on the topic of “Marketing Strategies of EXIM Bank
Ltd Bangladesh (Tongi Branch)” under your kind supervision as a requirement of
completing the degree of BBA program. I have tried my best to prepare the report in
consistence with the optimal standard under your valuable direction.
I made every effort to reveal greater insight in this report. I hope that this will meet the
standard of your judgment.
Thanking you for your kind supervision.
Sincerely yours
Md. Abdullah Al Mamun

ID No: 112-11-278
Major in Marketing
iii
ACKNOWLEDGEMENT
It was a great pleasure to prepare Internship report on the Marketing Strategies of EXIM
Bank Ltd Bangladesh, Tongi Branch. I would like to thank and convey my gratitude to
honorable Supervisor, Professor Dr. Ahmed Fakhrul Alam, BBA Program, Faculty of
Business and Economics, Daffodil International University, for letting me to prepare this
report and I would also like to express my sincere appreciation to him for his whole hearted
support and guidance.
I am also grateful to the management of the EXIM Bank Ltd for offering me the Internship
training. My sincere gratitude goes to Md. Mahbubul Hasan, Trainee Officer (IT), Tasnim
Sohrab, General Banking Department, EXIM Bank Ltd, who gave special attention to me
from the very beginning and whenever I went there. My special thanks Nasima Akter, EVP &
RM, EXIM Bank Ltd, Tongi Branch. I am also owed to each person who provides their co-
operation inside of EXIM Bank Ltd, Tongi Branch, in carrying out this report. And finally I
wish all my unwilling mistakes for example miss presentation of kind of information will be
forgiven.
iv
ABSTRACT
Development of the economy of a country depends on disciplined, modern and dynamic

banking system. Banks are one of the most important balancing tools in economy these days.
They ensure that money from surplus zone can be used in the deficit zone. By ensuring this,
banks ensure the smooth flow in economy, expansion of industry and overall development.
EXIM Bank Limited (Export Import Bank of Bangladesh Limited) is one of the most
prominent banks in Bangladesh. It is well known for its organizational reputation, expertise,
professionalism. EXIM bank’s corporate branch is well known for the way they do business,
handle clients and maintain diversified portfolio.
The main goal of this report is to conduct a study on overall marketing strategies on EXIM
bank Bangladesh and apply the marketing strategy on their product, services and process.
During the 3 months rotation for the internship program, 3 department rotations were
mandatory. These departments are – General Banking, Loans & Advances, and Foreign
Exchange. The scope of activity and processes of these departments are huge and it is not
possible to fathom everything within such a short period of time. Therefore, the findings and
recommendations based on these three months’ rotation can be rather subjective than
judgmental.
After being attached with EXIM bank for three months, it was observed that, EXIM bank had
a lot of opportunity that they can avail with some proper marketing strategy and process
innovation. The main strength of EXIM bank is Shariah Based Islami Banking system. It was
found that, the promotion activities are not that aggressive as other commercial banks. With
some little cost in promotion and advertisement, EXIM bank can earn much more than what
they are earning now.
Also, it was observed that, EXIM bank is still not giving much facility to general consumers
– like consumer credit, ATM booth options etc. Though their majority income is generated
from industrial customers, but the major branding, image and concept of a bank is conceived
by general consumers. With more customer satisfaction, EXIM bank can not only gain a
higher brand value but also gain more industrial customers for better reputation – ultimately
giving the bank much higher profit.
v
Apart from the observing the operations, various relevant information was collected by
interviewing the authorized personnel. For secondary materials, previous records, files,
reports and other data have been collected and analyzed for the purpose of this report. Some
problems were faced during preparing the report. Not all the data or information was readily
available due to lack of proper documentation. Due to confidentiality reason, other source of
information could not be explored.
The marketing mix is the set of controllable tactical marketing tools – Product, Price, Place
and Promotion; that the organization blends to produce the response it wants in the market.
The marketing mix is consisting of everything the organization can do to influence the
demand for its product or services.
It has been a humongous task to meticulously describe all the elements of 7 Ps (Product
elements, Price & other user outlets, Place & time, Promotion & Education, Physical
elements, People, Process) in general banking. The researcher honestly tried to reflect the
daily transactions which take place in a private commercial bank, in particular, EXIM Bank
Ltd. Working with deposit products and investment products.
EXIM Bank Ltd marketing strategy shows for achieving balanced and sustainable growth, we
must satisfy two group’s new customer and repeat customer. Today, the marketing should be
all effort to retain current customers and build lasting customers relationship. Thus,
marketing is service oriented. The service is “a bridge between products and customer”
Sincere gratitude goes to all the personnel who helped me with their time and information.
Finally, it is believed that this report will enhance my ability to analyze an organization from
marketing point of view.
vi
Acronyms
L/C- Letter of credit
GB- General Banking
FDBC- Foreign Document Bill for Cash
FDBP- Foreign Document Bill for Purchase
FATF- Financial Action Task Force
ML- Money Laundering
EFT- Electronic Fund Transfer
NBFI- Non-Bank Financial Institutions
ATM- Automated Teller Machine
Bank A/C- Bank Account
KYC- Know Your Customer
BB- Bangladesh Bank
PFS- Personal Financial Service
TP- Transaction Profiling
TT- Telegraph Transfer
E-Banking- Electronic-Banking
CD- Current Deposit
MMSS- Mudaraba Monthly Savings Scheme
FDR- Fixed Deposit Rate
MSD- Mudaraba Savings Deposit
MSTD- Mudaraba Short Term Deposit
vii
TABLE OF CONTENTS
Contents Page No
Student Declaration I
Certificate of Supervisor II
Letter of Transmittal III
Acknowledgement IV
Abstract V-VI
Acronyms VII
Chapter One: Introduction of the Report

1.1 Introduction 1
1.2 Origin 1-2
1.3 Background 2
1.4 Objectives 2
1.5 Scope 3
1.6 Methodology 3
1.7 Limitations 4
Chapter Two: Overview of EXIM Bank Ltd

5-6
2.1 An Overview
2.2 Historical Background 6
2.3 Hierarchy of position 7
2.4 Hierarchy of position in Principal Branch 8
2.5 Corporate Culture 10
2.6 Company Mission & Vision 10-11

2.7 Product and Services of EXIM Bank Ltd 12-14
2.8 A Brief of EXIM Bank Ltd Tongi Branch 14
Chapter Three: Marketing Strategies of EXIM Bank Ltd
3.1 Marketing Mix of EXIM Bank Ltd 15
16
3.2 Marketing Mix for Service Firms
3.3 Marketing Strategies of EXIM Bank Ltd 17-19
3.4.Marketing Mix 20-44
3..4.1 Product 20
3.4.1.1 Deposit Products of EXIM Bank Ltd 20-28
3.4.1.2 Investment Products of EXIM Bank Ltd 28-32
3.4.1.3 Information and Technology Service 32
3.4.1.4 Proposed Products of EXIM Bank Ltd 32
3.4.1.5 Product Strategy of EXIM Bank Ltd 33
3.4.1.6 New Product Planning Process of EXIM Bank Ltd 33
3.4.2 Price 34-40
3.4.2.1 Price Strategy of EXIM Bank Ltd 35
3.4.2.2 Pricing of EXIM Bank Ltd 36-38
3.4.2.3 Deposit Pricing of EXIM Bank Ltd 38-39
3.4.2.4 Pricing Situation of EXIM Bank Ltd 39
3.4.2.5 Pricing Decision 40
3.4.3 Place 40
3.4.3.1 Distribution Strategy of EXIM Bank 40-41

3.4.4 Promotion 41
3.4.1.1 Promotion Strategy of EXIM Bank Ltd 42
3.4.4.2 Developing Promotion Strategy of EXIM Bank Ltd 43
3.4.4.3 Advertising Strategy of EXIM Bank Ltd 44
3.5 Promotional Decision 44
3.5.1 Segmentation of EXIM Bank Ltd 44
3.6 Targeting & Positioning of EXIM Bank Ltd 45
3.7 Positioning Strategy of EXIM Bank Ltd 46
3.7.1 Positioning by Attribute 46
3.7.2 Positioning by Use 46
3.7.3 Positioning by Product User 47
Chapter Four: Analysis and Findings

4.1 SWOT Analysis 48-50
4.2 Findings 51
Chapter Five: Recommendations and Conclusion

5.1 Recommendations 52
5.2 Conclusion 53
Appendices 54-55
Bibliography 56

1.1 Introduction:
EXIM Bank Ltd bank is very old institution that is contributing toward the development of
any economy and is treated as an important service industry in modern world. Now days
the function of bank is not limited to within the same geographical limit of any country. Due
to globalization and free market economy, this industry is facing severe competition in any
country and implementation of WTO will further increase competition. The overall
performance of Bank does not only depend upon the banking industry itself but also on
the Performance of economy where it is operating.
The Banking sector is one of the major service sectors in Bangladesh economy. There are
several types of banks, which differ in the number of services they provide and the clientele
they serve. Although some of the differences between these types of banks have lessened as
they begin to expand the range of products and services they offer, there are still key
distinguishing traits.
Commercial banks, which dominate this industry, offer a full range of services for
individuals, businesses, and governments. Commercial banks are the primary contributor to
the economy of a country. So we can say commercial banks are a profit making institution
that holds the deposit of the individuals & business in checking & savings account and then
uses these funds to make loans. Banks collect deposit at the lowest possible cost and provide
loans and advances at higher cost because they are profit earning industries.
It has become essential for every person to have some idea on the bank and banking
procedure. By an internship program in bank, students can obtain practical knowledge, which
helps to know real life situations, helping them to launch a career with some practical
experience.
1.2 Origin:
As a prerequisite for the Bachelor of Business Administration Degree of The Daffodil

University Bangladesh, I was required to complete an internship in a suitable business
organization and submit a report on my findings. I had been selected to work as an Internee in
Export-Import Bank of Bangladesh Limited, Tongi Branch for a period of 3 months from
September 04, 2013 to December 04, 2014. Md. Mosharraf Hossain Mazumder, Vice
“©Daffodil International University” 1

President, HR division, EXIM Bank Ltd of Bangladesh appointed me as an Internee. After
discussion and getting consent, I started to work on the project titled “Marketing Strategies of
Export Import Bank Ltd.”.
Without practical exposure, theory can never be fruitful. For this BBA program has been
designed in such a way that a student can get practical knowledge. A student needs to go for
practical orientation in some organization where his/her duty is to bear all the some things
from operations and activities of that branch.
1.3 Background:
EXIM Bank Ltd Limited is one of the leading local private commercial banks in Bangladesh.
This bank has already branches located in different places and also going to establish more
branches. This organization has created a positive image to the customer’s mind by providing
better service. This bank has introduced some modern banking scheme that has got high
market demand. As it maintain the pace with competitive business world, its activities,
culture, philosophy and style leads an intern student to be the best at any field of working life.
1.4 Objectives:
The objective of the study may be viewed as:
· General Objective
· Specific Objective
Ø General Objective:
The general objective of the study to describe Marketing Strategies in EXIM Bank
Limited”
Ø Specific Objectives:
· To focus on overall operations with profile of EXIM Bank Limited.
· To provide an overview on the major marketing practices of EXIM Bank Ltd.
· To describe the marketing strategies taken by the Bank.
· To highlight the marketing mix strategies of the Bank.
· To identify the weaknesses of marketing strategies of the Bank.
· To suggest recommendations to overcome the problems of EXIM Bank Ltd
1.5 Scope:
The scope of the study may be stated as under:
· The study would help top management in planning and deciding marketing strategy.
· The study would help management in identifying the key areas of weakness and
strength.
· The study would aware the top management to take corrective and appropriate
measure timely to improve the banks marketing and other performance.
· The study would also help the shareholders as a guide to company’s present and
future position (Marketing Position).
1.6 Methodology:
The report is based on secondary source and primary data collection survey. And the major
source of data for preparing the report is based on secondary information like annual reports.
ü Primary Data:
I have collected primary data by interviewing clients of the EXIM Bank Ltd, Tongi Branch. I
have also included valuable insights of the employees. These data help me to determine the
business development trend of the branch. For primary data, I have conducted a survey of
few respondents to collect the observations and analyze the data for evaluating the business
development trend of the branch.
ü Secondary Data:
I have used different types of secondary data in completion of my internship report. Here
important to mention that no questionnaires are used for collecting the data.
Sources of information and collection of data:
· Face to face interview with clients.

· Information regarding new product development.
· Bangladesh Bank Report.
· From Daily Newspaper.

1.7 Limitations:
By blending all my knowledge, I tried my level best to keep the limitations as short as
possible. But beside all the efforts I faced the following limitations:
· There were scarcity of adequate data and information on the relevant topic as some
data are treated as very much confidential.
· The interviewing process is lengthy.
· Sometimes the client does not cooperate easily.
· It is time consuming.
· Omission and error may be there due to may lack of experience in preparing a
professional report like this one.
· The officers of a bank are too much busy to provide information and interviews to
may project.

2.1 An Overview of EXIM Bank Ltd:
The EXIM Bank of Bangladesh Limited is an "Islamic Shariah Based Commercial Bank",
which is committed to provide high quality financial services to contribute to the growth of
G.D.P. (Gross Domestic Product) of the country through stimulating trade & commerce,
accelerating the pace of industrialization, boosting up export, creating employment
opportunity for the educated youth, Poverty alleviation, raising standard of living of the
limited income group and over all socio-economic development of the country. The Bank
offers full range of Personal, Corporate, International Trade, Foreign Exchange, Lease
Finance and Capital Market Services. EXIM Bank Ltd is the preferred choice in banking for
its friendly and personalized services, cutting edge technology, tailored solutions for business
needs, global reach in trade and commerce and high yield on investments, assuring
excellence in Banking Services.
EXIM BANK LTD AT A GLANCE

Name of the Institution Export Import Bank of Bangladesh Limited
Date of incorporation June 02,1999
Commencement of operation August 03.1999
Authorized Capital Tk. 10000.00 million (December 31st 2010)
Paid up Capital Tk. 225 million (initial) Tk. 6832.27 million

(as on 31 December, 2010)
Converted to Islamic bank July 01,2004
Legal form "A Shariah based Islamic Bank"
Slogan "Together Towards Tomorrow"
Target customers Individuals and Corporate customers
Deposits, accumulated (2010) Tk. 94949.40 million
General Investments (2010) Tk.93296.65 million
Investments (shares & securities) Tk.6012.86 million
Credit Rating Long Term Short Term „AA -(High Safety) „ST-2 (High Grade)
Notification of reporting May 05,2011

Registered Office “SYMHONY” Plot no.SE(F):9, Road No.142
Gulshan Avenue,Dhaka-1212,Bangladesh
Number of branch (31-12-2012) 78
Total manpower 1440

Chairman Mr.Md. Nazrul Islam Mazumder
Managing director Kazi Masihur Rahman
Web address www.EXIMbankbd.com
2.2 Historical Background of EXIM Bank Ltd:
EXIM Bank Ltd was established in 1999 under the leadership of Late Mr. Shahjahan Kabir,
founder chairman who had a long dream of floating a commercial bank which would
contribute to the socio-economic development of our country. He had a long experience as a
good banker. A group of highly qualified and successful entrepreneurs joined their hands
with the founder chairman to materialize his dream. Indeed, all of them proved themselves in
their respective business as most successful star with their endeavor, intelligence, hard
working and talent entrepreneurship. Among them, Mr. Nazrul Islam Mazumder became the
honorable chairman after the demise of the honorable founder chairman. This bank starts
functioning from 3rd August, 1999 with Mr. Alamgir Kabir, FCA as the advisor and Mr.
Mohammad Liakot ullah as the Managing Director. Both of them have long experience in the
financial sector of our country. By their pragmatic decision and management directives in the
operational activities, this bank has earned a secured and distinctive position in the banking
industry in terms of performance, growth, and excellent management. The authorized capital
and paid up capital of the bank are Tk.1000.00 million and Tk313.87 million respectively.
The bank has migrated all of its conventional banking operation into Shariah based Islami
banking since July/2004. Of its very beginning, EXIM Bank Ltd Bangladesh limited was
known as BEXIM Bank Ltd, which stands for Bangladesh Export Import Bank Limited. But
for some legal constraints the bank renamed as EXIM Bank Ltd which stands for Export
Import Bank of Bangladesh Limited.

2.3 Hierarchy of position in EXIM Bank Ltd:

2.4 Hierarchy of position in Principal Branch:

v The Management Process of EXIM Bank Ltd:
For any financial and non financial organization Management is the most valuable and
important resources of any kind of organization. And a well-organize management provides
the organization to reach its ultimate goal. Management means planning, organizing, staffing,
directing and controlling of all financial and non financial resources of an organization.
Different aspects of management practice in EXIM Bank Ltd are discussed below.
a) Planning:
EXIM Bank Ltd has done its planning within the purview of the corporate plan. The
overall planning approach in EXIM Bank Ltd is top-down. Each branch can plan
according to the goal imposed by the corporate level. It doesn’t plan independently. And
EXIM Bank Ltd has a planning division. This department is mainly responsible for the
overall planning.
b) Organizing:
EXIM Bank Ltd is organized as per the existing business locations. It has thirty three
branches, each of which is a separate entity. Each unit is responsible for own performance
and a Senior Vice President followed by Manager Heads each. He is directly responsible
for the performance of their unit. Within each branch it is organized functionally.
c) Staffing:
The recruitment in EXIM Bank Ltd is done in two ways. One as a “Probationary Officer”
for the management program and it has a probation period of one year. Another one is
non-management level as “Trainee Officer”. Probationary Officer is recruited in officer
category and their career path is headed towards different managerial jobs.
d) Directing and Controlling:
The Management approach in EXIM Bank Ltd is top-down or authoritative. Information
just seeks through lower management layer. Works are designed in such a way that one
cannot leave without clearing the tasks as he is assigned for a day. Sitting arrangement in
all office is done in a way that the superior can monitor the subordinate all time.
Budgeting, rewarding, punishing, etc. are also practiced as control mechanism.
e) Recruitment Process:
The set-vice rule of EXIM Bank Ltd states the recruitment policy of the bank. In general
the board of directors determines the recruitment policy of bank from time to time. The

minimum entry level qualification for any official position other than supportive
management is a Bachelors degree. However, informally the management prefers a
minimum master’s degree for the appointed of probationary officers in the Executive
officer position. The recruitment for entry level positions begins with a formal written test
which is conducted and supervised by the Institute of Business Administration, University
of Dhaka. After successful completion of the written test, a personal interview is
conducted for the successful candidates by a panel of experts comprising of renowned
and prominent bankers of the country.
2.5 Corporate Culture of EXIM Bank Ltd:
The EXIM Bank Ltd is one of the most disciplined Banks with a distinctive corporate culture.
They are lived in shared meaning, shared understanding and shared sense making. People
related to the bank can see and understand events, activities, objects and situation in a
distinctive way. They mould their manners and etiquette, character individually to suit the
purpose of the Bank and the needs of the customers who are of paramount importance to
them. The people in the bank see themselves as a tight knit team or family that believes in
working together for growth. The corporate culture they belong has not been imposed; it has
rather been achieved through their corporate conduct.
2.6 Corporate Mission:
The bank has checked out the following corporate objectives in order to ensure smooth
achievement of its goals-
Ø To be the most caring and customer friendly and service oriented bank.
Ø To create a technology base most efficient banking environment for its customers.
Ø To ensure ethics and transparency in ail levels.
Ø To ensure sustainable growth and establish full value of the honorable shareholders.
Ø Above all, to add effective contribution to the national economy.

v Eventually the bank also emphasize on:
Ø Provide high quality financial services in export and import trade.
Ø Providing efficient customer service.
Ø Maintaining corporate and business ethics.
Ø Being trusted repository of customers money and their financial adviser.
Ø Making its products superior and rewarding to the customers.
Ø Sound Capital Base.
Ø Enhancement of shareholders wealth.
v Company Vision:
Export Import Bank Ltd. as the name implies, is not a new type of bank in some countries on
the global, but is the first of its kind in Bangladesh. It believes in togetherness with its
customer, in its march on the road to growth and progress with services. To achieve the
desired goal, it has intention to pursuit of excellence at all stages with a climate of continuous
improvement. Because it believes, the line of excellence is never ending. It also believes that
its strategic plans and business networking will strengthen its competitive edge over in
rapidly changing competitive environment.
ü Company slogan is:
Together Towards Tomorrow

2.7 Product and Services of EXIM Bank Ltd:
The bank serves all types of modern, progressive and dynamic business as well as banking
services to the customers of all strata of the society. During the short span of time, the bank
has been highly recognized and praised by the business community, from small entrepreneurs
to large traders and industrial conglomerates and emerged as the fastest growing among the
third generation banks in respect of business and profitability. Export Import Bank of
Bangladesh Limited successfully marketed its products designed to fulfill the needs of
various socio-economic strata. As a commercial bank, they provide all traditional banking
services.
Fig: -Different products of EXIM Bank Ltd

v Deposit Marketing Products of EXIM Bank Ltd:
ü Al-Wadeah Saving Account

ü Mudaraba Saving Account
ü Mudaraba Short Term Deposit
ü Mudaraba Term Deposit
ü One Month
ü Three Month
ü Six Month
ü One Year
ü Two Year
ü Three Year
ü Mudaraba Monthly Income Scheme
ü Mudaraba Monthly Savings Scheme
ü Mudaraba Super Savings Scheme
ü Mudaraba Multi plus Savings Scheme
ü Mudaraba Haji Scheme
ü Mudaraba Education Saving Scheme.
ü MudarabaWaqf Cash Deposit
ü Mudaraba Special Savings (Pension)
ü MudarabaMuhar Savings
v Investment Marketing Products of EXIM Bank Ltd:
a) Izara Bill Baia (General)

b) Izara Bill Baia (HB)
c) Izara Bill Baia (Staff HB)
d) Bai-Muajjal (BAIM)
e) Izara (LF)
f) House Hold Durable Scheme (HDS)
g) Baia-Muazzal (General/FO)
h) Baia-Muazzal (WO)
i) Baia-Muazzal (Export)
j) Murabaha Import Bills (MIB)
k) Murabaha Post Import (MPI)

l) Trust Receipt (TR)
m) IBP
n) Musharaka Pre-Shipment (ECC)
v Plastic Card Products:

Ø VISA Islamic Card
v Remittance:
Ø From UK through EXIM Exchange Company (UK) Ltd.
Ø Western Union Money Transfer.
Ø ELDDORADO Money Transfer
v L/C (Import & Export) Products:
EXIM Bank Ltd is posed to extend L/C facilities to its importers / exporters through
establishment of correspondent relations and Nesto Accounts with leading banks all over the
world.
v Other Products:
Ø Grameen Phoney Bill Deposit
Ø Electricity Bill Deposit
2.8 A Brief of EXIM Bank Ltd Tongi Branch:
Among Seventy-eight branches of EXIM Bank Ltd Tongi branch is one of the most reputed
and respected branches in all aspects. From the very beginning, this branch is contributing a
lot to the bank.
EXIM Bank Ltd Tongi branch has three main departments. These are:
Ø General Banking Department
Ø Investment Department &
Ø Foreign Exchange Department

3.1 Marketing Mix of EXIM Bank Ltd:
The marketing mix is the set of controllable tactical marketing tools – Product, Price, Place
and Promotion; that the organization blends to produce the response it wants in the market.
The marketing mix is consisting of everything the organization can do to influence the
demand for its product or services.
EXIM Bank Ltd is service oriented organization. For any organization that provides service-
it is important that all the 4 Ps’ of marketing mix are implemented properly.
4Ps’:
1. Product
2. Price
3. Place
4. Promotion
Marketing
Mix
Target
Product market Place
Product variety Channels
Quality Coverage
Design Price Promotion Assortments
Features List Price Sales promotion Locations
Brand name Discount Advertising Inventory
Packaging Allowances Sales force Transport
Sizes Payment period Public relation
Services Credit terms Direct marketing
Figure: The four ‘P’ component of the

marketing mix.

3.2 Marketing Mix for Service Firms:
The Service marketing mix comprises of the 7P.These include:
1. Product 2. Price
3. Place 4. Promotion
5. People 6. Process
7. Physical Evidence
The extended Marketing Mixes of Service are:
· People– People all people who directly or indirectly influence the perceived value of the
product or service, including knowledge workers, employees, management and
consumers.
· Process – Process procedures, mechanisms and flow of activities which lead to an
exchange of value.
· Physical evidence–Physical evidence the direct sensory experience of a product or
service that allows a customer to measure whether he or she has received value. Examples
might include the way a customer is treated by a staff member, or the length of time a
customer has to wait, or a cover letter from an insurance company, or the environment in
which a product or service is deliver.
People
The Extended
Marketing Mix
Physical
Process
Evidence
16
3.3 Marketing Mix and Strategies of EXIM Bank Ltd Bangladesh:
Ø What does marketing mean?
Many people think of marketing only as selling and advertising. Today, marketing must be
understood not in the old sense of making a sale “telling and selling”- but in the new sense of
satisfy customers needs.
Relationship Banking is a process, which has the aim of persuading customer to become
lifetime customer and to place their banking business with one bank now and in the future.
Relationship banking enables to provide a cost-effective, proactive service to selected
customer.
As a whole, Relationship Banking refers to a long term, mutually beneficial and exclusive
problem solving relation between customers and Banker.
Ø Marketing Strategies of Service Firm:
Service marketing requires not only external marketing, but also internal and interactive
marketing.
External marketing: External marketing describes the normal work to prepare, price,
distribute, and promote the service to customers.
Internal marketing: Internal marketing describes the work to train and motivate employees to
serve customers well.
Interactive marketing: Interactive marketing describes the employee’s skill in serving the
client. Service providers must deliver “high-touch’’ as well as “high-tech”
17
Company
Internal Marketing External Marketing
Employees------------------Interactive Marketing-----------------Customers
Ø Marketing Strategies:
For achieving balanced and sustainable growth, we must satisfy two group’s new customer
and repeat customer. Today, the marketing should be all effort to retain current customers and
build lasting customers relationship. Thus, marketing is service oriented. The service is “a
bridge between products and customer”.
Corporate
Strategy
Strategic Direction Market knowledge

Resources Constraints Opportunities Threats
Business and
Marketing
Strategy
Fig: - Marketing Strategy
18
Ø Marketing thus mainly focused as:
· Customer Focus: It also means “the design, creation and delivery of service products
based on meeting customer needs and exceeding their expectations’.
· Co-operation: It implies “Share information and share resources”.
· Continuous Improvement: This is the part or marketing research. We take feedback
from the market, we take note of the customers complain and try to improve our
product service on a continuous basis to remain competitive in the market.
· Satisfied customer: One satisfied customer will do advertisement on our behalf and
automatically bring chain of new customer. On the other hand one dies-satisfied
customer is enough to ruin our image & good will.
· What Customer Want: They want solution of their problems. We can solve their
problems by way of Analyze, plan and act. Once customer gets solutions to their
problems they will do marketing for us.
The most important factor and crafting a marketing strategy include the following strategies:
· Product Strategy
· Price Strategy
· Distribution Strategy
· Promotion Strategy
· Segmentation
· Targeting
· Positioning Strategy
· Advertising Strategy
EXIM Bank Ltd marketing strategy is based on its positioning of different product. On the
focus to customer side the market is mainly upper-middle and middle income professional
who need saving with some attractive profit to meet any emergent requirement in future as
well as to develop a sizable amount of money to procure some valuable future earnings. This
segment of market includes individual, having a regular monthly income, male or female, age
not blow 18 years and educated or less educated Bangladeshi person.
19
3.4 Marketing Mix:
3.4.1 Product:
Product is the core of all marketing activities. There are two types of organizations according
their product. Some organization’s core product is goods on the other hand some
organization’s core product is service. The EXIM Bank Ltd provides banking services which
includes general banking, foreign exchange, and investment. The core objective of EXIM
Bank Ltd is to ensure its customer desired level of service.
3.4.1.1 Deposit Products of EXIM Bank Ltd:
ü Al- Wadia Current Deposit:
The main objective of this account is to provide convenience to the customers in their
savings. This account allows the customer to deposit his/ her surplus money as and when
available and receive lucrative profit on the same. The customer can deposit any sum desired
at any time of the operational hours in this account.
ü Mudaraba Savings Deposit:
This deposit is basically meant for small-scale savers. There is a restriction on withdrawals in
a month. Interest is paid yearly on these types of accounts. These accounts can be-
· Individual
· Joint
· Partnership
· Non-profit making organization (association, clubs, trust etc)
ü Mudaraba Short Term Deposit:
It is known as time liabilities. This are deposits which are made with bank for a fixed period
specified in advance. The bank need not maintain cash reserves against these deposits and
therefore, the bank offer higher rate of interest on such deposit.
20
ü Mudaraba Term Deposit:
It is also time based deposit scheme. In this scheme time may vary which are given below-
· One Month
· Three Months
· Six Months
· Twelve Months
o Twenty Four Months
o Thirty Six Months
ü Mudaraba Savings Scheme:
· Monthly Savings Scheme (Money Grower): Under this scheme one can deposit
monthly a fixed amount of money regularly and will receive a substantial amount
with handsome benefit after maturity of reasonable period.
· Monthly Income Scheme (Steady Money): Under this scheme, the depositor is
allowed to deposit at least TK.100000 or its multiple amounts for 3 years and in return
he/ she will receive profit on monthly basis at an attractive rate. This scheme mainly
introduced for the benefit of middle- income group, particularly retired personal.
· More than double the deposit in 6 years (Super Savings): This scheme is offered for
all classes’ people, especially for the middle class, where the depositor is allowed to
deposit at least TK.5000 or its multiple amounts for 6 years and deposited amount
will be stood at more than double.
· More than triple the Deposit in 10 years (Multiplies Saving): Under this scheme, the
depositor is allowed to deposit at least TK.5000 or its multiple amounts for 10 years
and deposited amount will be stood at more than triple.
· Mudaraba Hajj Deposit: in view of smooth arrangement for performing Hajj, EXIM
Bank Ltd has introduced this scheme under the tenure of 5, 8, 10, 15&20 years with
nominal amount of deposit per month.
21
ü Mudaraba Monthly Income Scheme:
Bangladesh is a developing country. But in our country opportunity of is very low. People of
our country always try to save their excess money and they are looking for where they can
deposit the money. According to their demand EXIM Bank Ltd started this monthly income
scheme.
ü Highlights of the Scheme:
· Minimum deposit Tk. 25000/=

· Higher monthly income for higher deposits.
· The scheme is for a 5 years period.
· Monthly income will be credited to the depositor’s account on 5th of each month.
Deposit Account Income

Tk. 25,000 Tk. 250
Tk. 50, 000 Tk. 500
Tk. 1,00,000 Tk. 1000
Tk. 2,00,000 Tk. 2000
Tk. 5,00,000 Tk. 5000
Tk. 10,00,000 Tk. 10,000
ü Objective of the scheme:
· An account is to be opened by filling up a form.

· The bank will provide to the customer a deposit receipt after opening the account. This
receipt is non-transferable.
· If the deposit is withdrawn before a 5 years term, the saving interest rate will be
applicable and paid to the depositor, however, no interest will be paid if the deposit
withdrawn within 1 years of paid to the customer will be adjusted from the principal
amount.
· A depositor can avail loan up to 80% of the deposit amount under this scheme.
· 3 per bank’s prevailing rate. During the tenure of the loan, the monthly account until
liquidation of the loan amount inclusive of profit.
22
ü Mudaraba Super Savings Scheme:
Saving helps to build up capital and is the prime source of business investment in a country.
Investment takes the country towards industrialization, which eventually creates wealth. That
is why savings is treated as the very foundation of development. To save, EXIM Bank Ltd
offers Super Saving Scheme.
ü Terms and Conditions of the scheme:
1. Any individual, company, educational institution, government organization, NGO,

trust society etc may invest their savings under this scheme.
2. The deposit can be made in multiples of TK.10,000/=
3. The period of deposit is for six years.
4. Any customer can open more than one account in a branch in his name or in joint
names. A deposit receipt will be issued at the name of opening the account.
5. If the deposit is withdrawn before six years terms, then savings interest rate +10%
will be applied before payment is made. However, no interest will be paid if the
deposit is withdrawn within 1st year.
6. A depositor can avail loan up to 80% of the deposited amount under this scheme.
7. In case of death of the depositor, before the term, the deposit (with saving rate +1%)
will be given to the nominee. In the absence of nominee, the legal heirs/successors
will be paid on production of succession certificate.
8. In case of issuing a duplicate deposit receipt the rules of issuing duplicate receipt of
term deposit will be applicable.
Some examples are given in the table below. Any amount can be deposited in multiples of
TK.10,000/=
Deposit Terms Payable at maturity Payable Amount

10,000/= 6 Years Double 20,000/=
20,000/= 6 Years Double 40,000/=
50,000/= 6 Years Double 1,00,000/=
1,00,000/= 6 Years Double 2,00,000/=
2,00,000/= 6 Years Double 4,00,000/=
5,00,000/= 6 Years Double 10,00,000/=
23
ü Mudaraba Multiplus Savings Scheme:
Saving helps to built up capital and capital is the prime source of business investment in a
country. Investment takes the country towards industrialization that eventually crates wealth.
That is why savings is treated as the very foundation of development. To create more
awareness and motivate people to save, EXIM Bank Ltd offers Multi plus Savings Scheme.
ü Terms and Conditions of the Scheme:
1. Any individual, company, educational institution, government organization, NGO,

trust, society etc may invest their savings under this scheme.
2. The deposit can be made in multiples of TK. 10,000/=
3. The period of deposit is for 10 years. But he deposit can be withdrawn at any year
with profit. As an example of 1 year but before 2 years then deposit with interest with
paid for 1 year only. The same rule will apply for other years. If deposit is withdrawn
before 1st year then no interest will be paid.
4. The depositor can avail loan up to 80% of the deposit under this scheme.
Some examples are given in the table below. Any amount can be deposited in multiples of
TK. 10,000/=
Amount 10,000/= 20,000/= 50,000/= 1,00,000/=

Year Year wise payable to customer
01 10,910/= 21,820/= 54,550/= 1,09,100/=
02 12,012/= 24,024/= 60,061/= 120,122/=
03 13,346/= 26,693/= 66,731/= 1,33,463/=
04 14,952/= 29,904/= 74,761/= 1,49,522/=
05 16,714/= 33,429/= 83,782/= 1,67,144/=
06 18,765/= 37,530/= 93,824/= 1,87,649/=
07 21,499/= 42,998/= 1,07,496/= 2,14,992/=
08 25,116/= 50,231/= 1,25,788/= 2,51,156/=
09 28,270/= 56,540/= 1,41,351/= 2,82,702/=
10 31,782/= 63,744/= 1,59,361/= 3,18,721/=
24
ü Mudaraba Monthly Savings Scheme:
The savings amount is to be deposited within the 10th of every month. In case of holidays the
deposit amount is to be on the following day. The deposit may also be made in advance. The
depositor can have a separate account in the bank from which a standing instruction can be
given to transfer the deposit in the scheme’s account.
In case the depositor fail to make the monthly installment in time, and then 5% on overdue
installment amount will be charged. The charge will be added with the following month(s)
installment and the lowest charge will be TK. 10/=.
Ø Terms and condition:

1. A form has to be filled at the time of opening the account. No introduction is attested
photographs are advised.
2. The depositor can select any of the installment amounts, which cannot be
subsequently changed.
3. In case of minors the guardians may open and supervise the account in this favor.
4. A single person can open more than one account for saving under several interest
rates.
5. The depositor should notify the bank immediately on any change of address.
6. The government tax will be deducted from the interest accumulated in this scheme.
7. If necessary, at the request of the depositor, the scheme can be transferred to a
different branch of the same bank.
Term Monthly Monthly Monthly Monthly

Installment Installment Installment Installment
(TK.) (TK.) (TK.) (TK.)
500 1000 2000 5000
Total Benefit
5 years 39041 78082 156164 390411
8 Years 74202 148808 2946809 742024
10 Years 105095 210190 420380 1050952
12 Years 144461 288923 787847 1444618
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ü Mudaraba Hajj Scheme:
Ninety percent of people in our country are Muslim. Hajj is mandatory of every rich and
physically fit Muslim people. As an Islami Bank EXIM Bank Ltd offer Hajj Scheme to the
customer to fulfill the desire of religious minded people. One can open this type of scheme in
different maturity by paying monthly installment.
ü Education Saving Scheme:
The most gratifying experience for parents is proper education of their children. Educational
expense is rapidly increasing and therefore appropriate planning needs to be done by all
parents. EXIM Bank Ltd offers you “Education Saving Scheme” to assist in financial
planning well ahead in for their children’s higher education.
Ø Terms and Conditions of the Scheme:
1. Deposit of TK. 2, 50,000/= and multiples thereof at a time will be accepted under the
scheme.
2. The instrument shall be issued for 7 years, 10 years, 15 years or 20 years term.
3. The deposit payable at maturity with benefit either in lump sum or on monthly basis
as education allowance for 6 years starting after the completion of respective term.
4. To avail the education allowance, the depositor is required to deposit the receipt to
pay the amount to his/her nominated person on monthly installment basis as or
instrument with the bank duly discharged by him with the written instruction
stipulated in the scheme.
5. Normally no withdrawn will be allowed before maturity. But, if any depositor intends
to withdrawn his deposit before maturity, the following rules will be applicable:
a) If withdrawn is made before seven years, interest will be calculated and paid as per
prevailing saving rate.
b) If withdrawn is made at any time after seven years, the total amount payable at
maturity of the immediate preceding terms will be paid along with interest for the
fractional period at prevailing saving rate.
26
ü Example Table:
Term Initial Deposit Amount payable at Education

(TK.) maturity Allowance P/M
7 Years 25,000/= 55,000/= 1,000/=
10 Years 25,000/= 77,000/= 1,500/=
15 Years 25,000/= 1,36,000/= 2,500/=
20 Years 25,000/= 2,40,000/= 4,500/=
ü Smart Saver:
Smart Saver is a high return investment plan which helps a customer builds up sizeable
amount in a period of 5 years. This scheme offers a customer to buy Smart Saver term deposit
5 times the invested amount. Smart Saver is a five year term deposit scheme.
Ø Terms and condition:
1. One unit of Smart Saver Term deposit is tk.25000.

2. During the tenure of the loan the Term Deposit will be kept in the bank as security.
3. The customer will have to open an account and monthly installment of loan will be
debited from the account commencing from 30 days after opening loan account.
4. Within the 1st year if the customer fails to repay 3 consecutive installments then only
the principle amount of Smart Saver Term deposit will be encased and the loan will
be liquidated inclusive of accrued interest and balance paid to the customer. After
completion of one 1 year Savings rate will be added to the principal amount of the
Smart Saver Term Deposit. In both cases closing charge will be tk.500.
5. For missed installment on due date customer will be charged tk.25 per unit per month.
6. In the event of death of the customer, the bank shall be entitled to encase the term
deposit and adjust the dues first before any refund is made of the
nominees/successors.
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ü Credit Card:
The Bank has launched Master card among its customers in joint collaboration with Prime
Bank Ltd. EXIM Bank Ltd’s card is accepted at more than 5000 outlets spread around the
country; this card can be used in purchase of everyday necessities to luxurious goods and
services. This wide range of merchants include hotels, restaurants, airlines, travel agents,
departmental stores, hospitals, clinics & diagnostic centers, jewelry shops, electronic shops,
health clubs and many more. EXIM Bank Ltd card provides cash withdrawal facility up to
50% of your credit limit; this may be availed from ATM or from any branches of EXIM
Bank Ltd. With cash a nominal withdrawal charge.
3.4.1.2 Investment Products of EXIM Bank Ltd:
Ø Izara Bill Baia (General):
Short term, medium term & long term investments allowed to individual/ firm/industries for a
specific purpose but for a definite period and generally repayable by installments fall under
this head. These types of lending are mainly allowed to accommodate financing under the
categories.
o Large & Medium Scale Industry and

o Small & Cottage Industry.
ü Very Often Terms Financing for
o Agriculture &
o Others are also included here.
Features:
The Islamic Shariah principle of investment under Izara Bill Bia is Musharaka Mutanakasha,
which means the rent, shall be devisable as per equity involved, unpaid rent if any shall not
be treated as equity and the asset shall be acquired on participation ownership.
· Possession of the asset shall be passed on to the client for use as per practicability.
· Bank shall retain the ownership till payment of equity portion of the bank along with
rental.
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· The ownership of the asset shall gradually pass on to the client upon payment of
bank’s equity involved and on the reverse upon increase of client’s equity.
· Rent shall not be compounded in any case i.e. no rent shall be charged on
Unpaid/outstanding rent. The client shall reduce incidence of rent proportionately
with the reduction of equity of the bank of payment of installment.
· Since it is a kind of Musharaka, cash can be paid to the credit of clients account.
However, the purpose for which cash is disbursed must be ensured from the point of
banking.
· In case of need the equity portion may be increased or decreased by making lump sum
payment by either side. Very often the client may require funds to run the
equipments/machineries for short period as working capital which may be paid to the
debt of respective Izara Bill Bia Account if found feasible and covered by the value of
assets.
Ø Izara Bill Baia (HB):
Investment allowed to individual/enterprises for construction of house commercial fall under

this type of investment. The amount is repayable by monthly installment with a specified
period. Such investments are known as Izara Bill Bia (HIB). No investment for construction
of residential house building shall be accommodated to the banks customer where is no other
business consideration.
Ø Izara Bill Baia (Staff HB):
Investment allowed to our bank employees for purchase/construction of house shall be known
as investment (Staff HB).
Ø Bai-Muajjal (BAIM):
It is a mode of investment under which the bank at the instance of the client procures certain
goods permissible under Islamic Shariah and the law of the country and sells those to the
client at a price payable at a fixed future date in lump sum or in fixed installments and the
goods are delivered in advance and the fixed price is paid later or as agreed by the parties.
29
Ø Murabaha:
Financial accommodation to individual/firm for trading as well as for wholesale or to

industries as working capital against pledge of goods as primary security fall under this head
of investment. It is also a continuous investment and like the above allowed under the
categories:
o Commercial Lending
o Working Capital
Ø Bai-Murabaha Investment:
Bai-Murabaha may be defined as a contract between a buyer and seller under which the seller
certain specific goods permissible under Islamic Shariah and the law of the land to the buyer
at a cost plus agreed profit payable in cash or an any fixed future date in lump sum or by
installments. The profit marked-up may be fixed in lump sum or any percentage of the cost
price of the goods.
Ø Ordinary BaiMurabaha:
If there are only two parties, the seller and the buyer, where the seller as an ordinary trader
purchases the goods from the market without depending on any order and promise to buy the
same from him and sells those to a buyer for cost plus profit, then the sale is called ordinary
Bai-Murabaha.
Ø Izara Bill Baia (HP):
Izara Bill Baia (HP) is a type of installment investment under which the purchaser agrees to
take the goods on hire at a stated rental, which is inclusive of the repayment of principal as
well as profit for adjustment of the investment within a specified period.
Ø Izara (LF):
Izara (LF) is one of the most convenient sources of acquiring capital machinery and
equipment whereby a client is given the opportunity to have an exclusive right to use an asset
usually for an agreed period of time against payment of rent.
30
Ø House Hold Durable Scheme (HDS):
It is a special investment scheme of the bank to finance purchase puff consumer durable to
the fixed income group to raise their standard to living. The customers allow the investments
on soft terms against personal guarantee and deposit of specified percentage of equity. The
investment is repayable by month installment within a fixed period.
Ø Bai-Muazzal (General/FO):
Investment allowed to individual/firms against financial obligation and this may not be a
continuous investment.
Ø Bai-Muazzal (WO):
Investment allowed against assignment of work order for execution of contractual work falls
under this head. This investment is generally allowed for a definite period and specific
purpose i.e. it is not a continuous investment.
Ø Bai-Muazzal (Export):
Investment allowed for purchasing foreign currency for payment against L/Cs (Back to Back)
where the exports do not materialize before the date of import payment. This is also
investment for temporary period, which is known as export finance and falls under the
category “Commercial Lending”.
Ø Murabaha Import Bills (MIB):
Payment made by the bank against lodgment of shipping documents of goods imported
through L/C falls under this head. It is an interim investment connected with import and is
generally liquidated against payment usually made by the party for retirement of the
documents for release of imported goods from the customs authority. It falls under the
category “Commercial Lending”.
31
Ø Murabaha Post Import (MPI):
Investment allowed for retirement of shipping documents and release of goods imported
through L/C taking effective control over the goods by pledge in go down under bank’s lock
& key fall under this type of investment. This is also a temporary investment connected with
import is known as post import finance and falls under the category “Commercial Lending”.
3.4.1.3 Information and Technology Service:
Export Import Bank of Bangladesh Limited is one of the leading third generation bank in
Bangladesh. Very recently they are providing electronic banking service to the customers
with great care and responsibility. The bank has now 78 branches in Dhaka, Chittagong,
Sylhet, Commilla, Noakhali, Jessore and Bogra. This entire branch is using individual baking
software SQL server as database. They are connected through telecommunication network for
providing any branch banking services to the customer. The bank intended to purchase a
centralized and integrated banking software including module for general banking, trade
finance, investment, foreign exchange, central accounts, Nesto Accounts reconciliation, Tele
Banking, Internet Banking, SWIFT, ATAM and POS interface etc.
3.4.1.4 Proposed Products of EXIM Bank Ltd:
EXIM Bank Ltd new thinking to launch new products in the market according to the
considering the market demand. Some deposits product new in the Research & Development
Department (R&D).
These are:
1. EXIM Diamond
2. EXIM Gold
3. EXIM Silver
4. EXIM Money Maker
EXIM Bank Ltd will launch consumer credit scheme in the market very soon. These
investment and deposit products are waiting for approval of higher authority.
32
3.4.1.5 Product Strategy of EXIM Bank Ltd:
EXIM Bank Ltd accepts deposit on the basis of Mudaraba in the following types of accounts:
1. Mudaraba Short Notice Deposit Account.

2. Mudaraba Saving Account
3. Mudaraba Term Deposit Account
4. Other Scheme Deposit Account
Average 70% of profit earn by the bank is distributed proportionately among depositors
annually.
3.4.1.6 New Product Planning Process of EXIM Bank Ltd:
1) Generating a continuing stream of new-product ideas that will satisfy the

organization’s requirements for new product.
2) Putting in place processes and methods for evaluating new-product ideas as they
move through each of the planning stages.
Customer needs
analysis
Idea generation Screening and Business analysis

evaluation
Marketing strategy Product development

development
Testing
Commercialization
33
v Product Decision:
All the services offered by the bank are similar and prone to limitation by its competitors.
Long established services may ease to satisfy fully the changing needs of the customers. Such
product may become increasingly non-competitive, unprofitable and even unnecessary. When
all the banking institutions are offering similar services, EXIM Bank Ltd. can offer different
services. A significant part of the marketing effort must be devoted to the monitoring of
existing services and where such deterioration is fund, a decision must be taken on how to
remedy the situation. In essence there are 2 alterations:
v Add New Features to Services:
The product may be updated and renovated so as to bring it back in line with customer
requirements. The following tips may be considered:
· EXIM Bank Ltd can receives customers monthly telephone bill, electricity, gas,
water, mobile etc. it will be advance features of customers service if the payment are
arranged from their current/savings/short term deposit accounts.
· It can introduce “Tele-banking” service, which provides the customer the opportunity
to make inquires and request to the bank over telephone with total confidentiality and
security like the HSBC Bank.
· It can introduce “ATM facility” which provides 24 hours services.
· It can introduce “Safe Deposit Lockers” in every branch by which the clients will get
a hidden place for keeping their valuable things.
3.4.2 Price:
Pricing of different products in a bank means the service charge and the revenue for the cost
of capital the bank is incurring. It is already described that, banks works as a balancing tool in
the economy. Banks do not have any money its own to lend. Rather it takes the surplus
money from the economy and then lends it to the deficit sectors. In this process, banks are
incurring some cost of capital. The money a bank is taking from the economy in the form of
deposit is not free. In the same way, when banks use these funds to finance the deficit sectors,
they charge additional pricing for the fund. In addition to that, banks may charge some
service fees. So, for lending purposes, the following –
34
· Bank collects fund from public in the form of deposit schemes they provide.
· Banks provide interests to public for the collected deposits.
· Banks takes service charge from public for providing services related to deposit.
· Banks use this deposit for loans and advances – like car loan, home loan, industrial
loan etc.
· Banks charge interests from the party that’s availing the loan. This interest rate is
higher than the interest rate that the banks are providing to the public for deposit.
· The difference between these interests rate are often called margin.
· Banks charge some service charges / fees from the party availing loan for the services
they provide.
3.4.2.1 Price Strategy of EXIM Bank Ltd:
Price is the amount of money charged for a product or service or the value exchanged for the
benefits of the product or service. The selection of a pricing strategy for the bank is a function
of three keys determinates.
1. Demand
2. Competitor Prices
3. Cost Structure
Based upon these three criteria a number of pricing options are open to the bank. These
alternatives include cost plus pricing, breakeven and profit impact target pricing, value in use
pricing, market rate pricing, relationship pricing, penetration pricing and skimming pricing.
v Steps of Pricing Strategy:
Set Pricing Objectives
Analyze the Pricing Situation
Select Pricing Strategy
Determine Specific Prices and Policies
35
3.4.2.2 Pricing of EXIM Bank Ltd:
The pricing decisions or the decisions related to interest and fee or commission charged by
banks are found instrumental in motivating or influencing the target market. The pricing
policy of a bank is considered important for raising the number of customers’ vis-à-vis the
accretion of deposits. Also the quality of service provided has direct relationship with the fees
charged. Thus while deciding the price mix customer services rank the top position. The
banking organizations are required to frame two-fold strategies. First, the strategy is
concerned with profit and fee charged and the second strategy is related to the profit paid.
Since both strategies throw a vice-versa impact, it is important that banks attempt to establish
a correlation between two. It is essential that both the buyers as well as the sellers have
feeling of winning.
SL NO Types of Nature of Charge Charge Amount BDT

Accounts/services
a) Service Charge 500/- half yearly
01. Al-Wadia-CD A/C b) Statement Charge 200/-
c) A/C closing Charge 200/-
d) Minimum required balance 3000/-
02. Mudaraba Short a) Service Charge 500/- half yearly

Term b) Incidental Charge -
Deposit c) Statement Charge 200/-
d) A/C closing Charge 200/-
e) Minimum required balance 5,000/-
03. Mudaraba Savings a) Service Charge 100/-

Account b) Incidental Charge 200/-
c) Statement Charge 100/-
d) A/C closing Charge 200/-
e) Minimum required balance 1000/-
04. a)Collection charge i) Where there is Clearing

House Free
for local Cheques
ii) Where there is no Clearing At actual
36
House Minimum Tk. 25/-
iii) Cheque returned unpaid Tk. 50/- (flat) per

from Clearing House instance from the
account of drawee.
iv) Bounced Cheque drawn on Tk. 50/-(Flat) per
our branches (Cash, clearing instance from drawer of
or Transfer). cheque.
b)Collection of out a) Commission i) Up to Tk. 25000/- @
0.20%, Minimum Tk.
Station
25/-
cheques/bills ii) Tk. 25001/- to 1.00/-
Lac @ 0.20% Minimum
(clean/documentary)
Tk. 75/-
iii) From Tk. 100001/-
to 500000/- @ 0.10%
Minimum Tk. 200/-
iv) Over Tk. 500000/-
@ 0.05% , Minimum
Tk. 600/-,
Maximum Tk. 3000/-
Accounts/services
b) Postage Charge At actual.
Minimum Tk 25/-
c) Telegram Charge At actual.
Minimum Tk 50/-
d) Telex Charge Tk. 40/minute,
Minimum Tk. 50/-
e) Telephone Charge Tk. 40/minute,
Minimum Tk. 50/-
05. Inland Remittance a) Commission @ 0.15%
for issuance of Minimum Tk. 25/-
DD/TT/MT. b) Telephone Charge for TT Tk. 50/-
Issuance
c) Telex /Fax Charge for TT Tk. 50/- per minute
06. P.O/SDR Issuance Commission i) Up to Tk. 10000/-

Tk. 25/-
ii) From Tk. 10001/- to
Tk. 100000/- TK. 60/-
iii) Tk. 100001/- &
above Tk. 120/-
37
07. Issuance of Charge Tk. 100/-
Duplicate
Instrument
08. Charge for a) DD/MT/TT Tk. 50/-
Cancellation b) PO/SDR Tk. 50/-
of instrument.
09. Standing Commission Tk. 50/- for compliance
Instruction of each instruction
10. Issuance of Bid
Bond, Commission/ Service Charges * *
Performance Amended below
Bond, Mobilizing
Guarantee &
Open Bank
Guarantee
favouring customs
authority:
Accounts/services
12. Locker Rent & Small size Tk. 2200/-
Security Money
Medium size Tk. 2800/-
Large Size Tk. 3500/-
Security Money Tk. 5000/-

(Refundable)
Cost of key replacement Tk. 3000/-
3.4.2.3 Deposit Pricing of EXIM Bank Ltd:
EXIM Bank Ltd generally follows the market rate pricing increase of deposit pricing. Now in
Bangladesh seven Islami Bank are operating, Islami Bank Bangladesh Ltd. is the leader of
those banks because it is old and big. EXIM Bank Ltd is now trying to make more deposit by
offering attractive profit rate.
38
Fixed or term deposit EXIM Shahjalal Premier Bank City Southeast Bank
Bank Ltd Bank Bank
1 Month 8.50% 10.50% 10% 11% 11.50%
2 Month —- 11.50% —- 11% 11.75%
3 Month 11.25% 12.55% 12.50% 11% 12.50%
6 Month 11.30% 12.60% 12.50% 12% 12.50%
12 Month 11.50% 12.65% 12.50% 13% 12.60%
3.4.2.4 Pricing Situation of EXIM Bank Ltd:
Pricing analysis is essential in evaluating new-product ideas. The factors influencing the
pricing situation include:
· Customer price sensitivity.

· Product costs.
· Current and potential Competitive actions.
· Legal and ethical constraints.
Customer Price Sensitivity
Legal and Ethical Constraints Analyzing the Pricing Situation Price Costs
Competitors Likely Responses
39
3.4.2.5 Pricing Decision:
In the customer survey, it was revealed that customers are very price-conscious. Price plays
both an economic and physiological role in the banking sector. Especially customers of
EXIM Bank Ltd who comes from largely middle class income groups are likely to be very
price sensitive. They can offer services, which have fewer service charges.
3.4.3 Place:
In marketing, place means the point of service or availability of the product. Since banks deal
with balancing the economy, the availability is very much important. For banks, availability
is ensured through branches. The more number of branches, the better it is for different
locality. For example, the locality of Tongi will like to take services from a bank which is
situated in Tongi. It is highly unlikely that, someone living in Tongi will bank in Motijheel.
So, the placing is very much important. It is beneficiary for a bank to establish a branch near
business areas or places where they can ensure that they can bring business. EXIM Bank Ltd
has 78 branches all over the Bangladesh. These branches are situated considering places of
business, locality and affordability by people. The next page shows the branch locations of
EXIM Bank Ltd –
· Dhaka Division – 38
· Rangpur Division – 05
· Rajshahi Division – 05
· Sylhet Division – 08
· Chittagong Division – 14
· Barishal Division – 06
· Khulna Division – 02
3.4.3.1 Distribution Strategy of EXIM Bank Ltd:
EXIM Bank Ltd is a third generation bank. It has converted into Islami Banking in July 01,
2008 with the approval of Bangladesh Bank. EXIM Bank Ltd mainly emphasis on public
relation out of four distributions strategy. EXIM Bank Ltd does following activities for their
market promotion and advertising.
40
The distributions strategy of EXIM Bank Ltd is:
1. When they open new branch, send letter to the elite persons, offices and industries in
that area for opening account in their bank.
2. They arrange the ceremony of award to the honorable person in every year.
3. They send gift item at the beginning of the year to the senior citizen of the society.
These items include pen, dairy, calendar, pen stand, wall clock etc.
4. In every month the higher authority of EXIM Bank Ltd give information about the
market condition and suggestion to the branch manager.
5. The managers of every branch tell present condition of his branch to the head office in
every month.
6. Head Office updates deposit and investment guideline to the branch manager.
7. EXIM Bank Ltd sponsors different types of National games.
EXIM Bank Ltd will soon setup a Research and Development Division and separate
marketing divisions which are help them to implement better marketing strategy.
3.4.4Promotion:
Promotional activity of a bank can include anything that will promote the bank to the people.
Normally, these can include advertisement in Billboards, TV commercials or paper ads etc;
CSR activities, brandings, sponsorships. EXIM Bank Ltd occasionally gives advertisement
and notices in daily newspapers. For example any new branch opening information or new
products etc. Billboards of EXIM Bank Ltd are not that much visible in the road. EXIM Bank
Ltd has lots of CSR activities all over the country. At least 2% of our annual profit of every
year is put aside for the foundation to conduct Corporate Social Responsibilities (CSR)
activities. These include -
· Healthcare service.
· Scholarship program for brilliant poor student.
· Education Promotion Scheme (Interest free loan).
· Helping people affected by natural calamities.
· Helping people in slum areas.
· Donation to educational institutions to setup computer lab.
41
3.4.4.1 Promotion Strategy of EXIM Bank Ltd:
Vigilance &Control Division (VCD) and Marketing & Development Division (MDD) at
EXIM Bank Ltd Head office will jointly arrange for well publicity of the brand name of new
deposit scheme with its important features by the national newspaper and electronic media
(TV). Every branch will show special and attractive banners of the new offering for
awareness. Leaflet, placard, festoon, poster and brochure will be supplied to each branch for
distribution and exhibit to all important places with the differentiation feature and attractive.
The EXIM Bank Ltd also offers to their marketing employees (Field worker) extra incentive,
if they fulfill the following chart. It is the financial motivation to their marketing employees.
As a result they express their better effort in banking service.
Sl. No. Deposit (TK) Number of new Cash Prize

Accounts
1 1.00 lac 10 100/=
2 2.00 lac 12 200/=
3 3.00 lac 14 350/=
4 4.00 lac 16 475/=
5 5.00 lac 18 600/=
6 6.00 lac 20 750/=
7 7.00 lac 23 9,85/=
This table indicates that, when a banker arranges to open number of 10 accounts which value
will be 1.00 lac then she/he will get extra 100 Tk. next one account. The fillip the 12 accounts
and value will be 2.00 lac then banker gets extra 200 Tk for extra one account. The EXIM
Bank Ltd. by this way maintain the extra account commission to promotion their bank’s
employees.
42
3.4.4.2 Developing Promotion Strategy of EXIM Bank Ltd:
Several activities are involved in designing the promotin strategy including:
1) Setting communication objectives.

2) Deciding the role of each of the components that make up the promotion program.
3) Determining the promotion budget.
4) Selecting the strategy for each promotion component.
5) Integrating and implementing the promotion component strategies.
6) Evaluating the effectiveness of the integrated promotion strategies.
Market Targeting and Positioning

Strategies
Communication Objectives
Role of Promotion Components
Advertising Sales Public Personal Direct Internal

Promotion Relations Selling Marketin Marketing
g
Promotion Budget
Promotion Component Strategies Coordination with

Product, Distribution
and Price Strategies
Integrate and Implement
Promotion Component Strategies
Evaluate Effectiveness of
Promotion Strategy
43
3.4.4.3 Advertising strategy of EXIM Bank Ltd:
Advertising may be defined as a controlled form of non-personal presentation message about

specific ideas or services from an identified sponsor via a specific communication medium
designed to inform and persuade selected audiences to undertake actions desired by the
sponsor. In recent years the role of advertising in the banking industry in both personal and
corporate markets has expanded dramatically and the financial services industry is now one
of the most important sources of advertising revenue. In developing advertising strategy the
bank must first ensure that it conforms to overall marketing strategy. The process of
developing advertising strategy of EXIM Bank Ltd then consists of the following steps:
· Set advertising
· Establish copy platform
· Develop the media plan
· Set the advertising expenditure level
· Measure advertising effectiveness
3.5 Promotional Decision:
Promotion forms an important component of any marketing campaign. The intangible

dominant product services are not easily advertised. The intangible is difficult to depict in
advertising whether the media is print, TV or radio. Services advertising should thus
emphasize tangible cues that will help the customers understand and evaluate the service. The
following tips may be taken in this connection.
3.5.1 Segmentation of EXIM Bank Ltd:
To provide better services, EXIM Bank Ltd divided the banking sector lots of segmentation.
Segmentation just depends on the basis of the lots of element. When the marketing team
divided the market under the segmentation, then they consider the feature of the customers,
financial condition of the customers, local area and business nature of the geographical area.
44
v Segmentation Identification of EXIM Bank Ltd:
A Start with identifies of customer

groups B. Start with customer response profile
Characteristics of people and Use situation

organizations
Buyers’ needs and

preferences
Purchase behavior and

loyalty
3.6 Targeting& Positioning of EXIM Bank Ltd:
This bank name is Export and Import bank. That’s why rich and elite person are the target
customer of this bank. But in present time this is targeting mid class customers for “EXIM
Bank Ltd Deposit Programmed”. This bank all time searches the unused money from the
general people as their valuable capital.
45
v Targeting Approaches of EXIM Bank Ltd:
Segment clearly defined
Target selected niche(s) Target multiple segment
Selected targeting Extensive targeting
Product specialization Product variety
Segments not clearly defined
3.7 Positioning Strategy of EXIM Bank Ltd:
EXIM Bank Ltd is required for positioning “EXIM Bank Ltd deposit programmed”. Account
as a most convenient to its target market using product differentiation with other existing
products due to its special features that are not provided by the other banks. The following
approaches are considered for the strategy.
3.7.1 Positioning by Attribute:
Attributes of the product are features; nature, color and etc. “EXIM Bank Ltd Deposit
Programmed” are more quality based than the attributes of similar types of other products. As
such, it can be able to create its positioning by attributes. Because any private banks does not
arrange this types of similar deposit programmed.
3.7.2 Positioning by Use:
Customer consideration about the types and number of purposes the product will serve.
“EXIM Bank Ltd Deposit Programmed” will serve the saving purpose and to obtain loan
against the same simultaneously, thus will able its positioning by use or application. By this
programmed, the customer will be more interested to get a big amount of money at end of the
deposit scheme period, if they maintain profitable deposit scheme among the other various
deposit scheme of EXIM Bank Ltd. Because EXIM Bank Ltd starts “EXIM Bank Ltd
Deposit Programmed” which programmed is not available in other private banks.
46
3.7.3 Positioning by Product User:
The number of classes “EXIM Bank Ltd Deposit Programmed” will serve relatively more
due to its variety of range in according to the saving capacity of the customers. So,
positioning by user will take place. Because in EXIM Bank Ltd offers many types of
profitable deposit. Scheme which does not offer other private banks under the deposit
programmed.
v Positioning Initiatives of EXIM Bank Ltd:
Positioning Concept
Management’s desired positioning of

the product by buyers in the market
target
Market
Target
Positioning Effectiveness Positioning Strategy
The extent to which The combination of marketing

management’s positioning actions used to communicate
objectives are achieved for the the positioning concept to
market target targeted buyers
47
Data Analysis
4.1 SWOT Analysis of Marketing Strategies
SWOT Analysis
Internal Factors External Factors
Strengths Weaknesses Opportunities Threats
· Strengths: attributes of the person or company those are helpful to achieving the
objective.
· Weaknesses: attributes of the person or company those are harmful to achieving the
objective.
· Opportunities: external conditions those are helpful to achieving the objective.
· Threats: external conditions which could do damage to the objective
Strengths:
1. EXIM Bank limited has already established a favorable reputation in the banking
industry of the country. It is one of the leading private sector commercial banks in
Bangladesh. The bank has already shown a tremendous growth in the profits and
deposits sector.
2. EXIM Bank has provided its banking service with a top leadership and management
position. The Board of Directors headed by its Chairman Mr. Md. Nazrul Islam is a
skilled person in the business world. Alamgir kabir, the advisor of the Bank is a
reputed senior chartered accountant 30 years vast experience in accounts, audit,
finance and banking at home and abroad. Mr. Kaji Masihur Rahaman work as the
managing director of the bank management team. The top management officials have
48
all worked in reputed banks and their years of banking experience, skill, and expertise
will continue to contribute towards further expansion of the bank.
3. EXIM Bank limited has already achieved a high growth rate accompanied by an
impressive profit growth rate in 2008. The number of deposits and the loans and
advances are also increasing rapidly.
4. EXIM Bank has an interactive corporate culture. The working environment is very
friendly, interactive and informal. And, there are no hidden barriers or boundaries
while, communicate between the superior and the employees. This corporate culture
provides as a great motivation factor among the employees.
5. EXIM Bank has the reputation of being the provider of good quality services to its
potential customers.
Weaknesses:
a) The main important thing is that the bank has no clear mission statement and strategic
plan. The banks not have any long-term strategies of whether it wants to focus on retail
banking or become a corporate bank. The path of the future should be determined now
with a strong feasible strategic plan.
b) The bank failed to provide a strong quality-recruitment policy in the lower and some
mid level position. As a result the services of the bank seem to be dues in the present
days.
c) The poor service quality has become a major problem for the bank. The quality of the
service at EXIM Bank is higher than the Dhaka bank, Prime bank or Dutch-Bangla
bank etc. But the bank has to compete with the multinational Bank located here.
d) Some of the job in EXIM Bank has no growth or advancement path. So lack of
motivation exists in persons filling those positions. This is a weakness of EXIM Bank
that it is having a group of unsatisfied employee.
e) In terms of promotional sector, EXIM Bank has to more emphasize on that they have
to follow aggressive marketing campaign.
49
Opportunities:
a) In order to reduce the business risk, EXIM Bank has to expand their business
portfolio. The management can consider options of starting merchant banking or
diversify into leasing and insurance sector.
b) The activity in the secondary financial market has direct impact on the primary
financial market. Banks operate in the primary financial market. Investment in the
secondary market governs the national economic activity. Activity in the national
economy controls the business of the bank.
c) Opportunity in the retail banking lies in the fact that the country’s increased
population is gradually learning to adopt consumer finance. The bulk of our
population is middle class. Different types of retail lending products have great appeal
to this class. So a wide variety of retail lending products has a very large and easily
pregnable market.
d) A large number of private banks are coming into the market in the recent time. In this
competitive environment EXIM Bank must expand its product line to enhance its
sustainable competitive advantage. In the product line, they can introduce the ATM to
compete with the local and the foreign bank. They can introduce credit card and debit
card system for their potential customer.
Threats:
a) All sustain multinational banks and upcoming foreign, private banks posse’s
enormous threats to EXIM Bank limited. If that happens the intensity of competition
will rise further and banks will have to develop strategies to compete against at on
slough of foreign the banks.
b) The default risks of all terms of loan have to be minimizing in order to sustain in the
financial market, because default risk leads the organization towards to bankrupt.
EXIM Bank has to remain vigilant about this problem so that proactive strategies are
taken to minimize this problem if not elimination.
c) The low compensation packages of the employees from mid level to lower level to
position threats the employee motivation. As a result, good quality employees leave
the organization as a whole.
50
4.2 Findings:
ü Lack of branch:
The number of branch of EXIM Bank Ltd is not enough in Dhaka city. There are some
branches in commercial area but not in residential area.
ü Lack of ATM booths:
EXIM Bank Ltd has not enough ATM booths in Dhaka city so that customers may fulfill
their needs. It is time consuming.
ü Lack of evening banking:
EXIM Bank Ltd still not started evening banking. So they are losing a segment of customer
who are very busy or business men.
ü Lack of SMS banking:
EXIM Bank Ltd not started SMS banking yet.
ü Lack of 24 customer service:
EXIM Bank Ltd has not started 24 hours customers care service for the customers. It disables
the bank to provide fast service in terms of accessibility to cash 24 hours a day even on
weekends and holidays.
ü Lack of opening & Dispatch section:
In Account opening & Dispatch section, the most visible weakness has been the absence of a
marketing department. If there had been a separate marketing department, the promotional
work of the bank would have been easier.
ü Less number of employees:
Again, at front desk there is less number of employees for the account opening task as well as
dispatch related works. So, it takes a bit longer time to finish off his or her job.
ü Lack of information:
Moreover, in order to know any kind of information all the customers knock the officer at the
desk and it is hard for the officer to provide information to the customer in such a busy day to
day schedule.
ü Lees experienced employees:
Lees experienced employees performing the marketing sector. They are not well-experienced
to satisfied customer.
51
5.1 Recommendations:
ü Separate marketing department:

There should be a separate marketing department for the promotional purpose of the bank
which could draw significant number of potential customers and deposits. The customer
service or the front desk should accommodate more employees or officers so that they could
efficiently manage the customer relationship and a transparency exist in the task.
ü Starting more branches:
EXIM Bank Ltd should take initiative more branches all over Bangladesh as soon as possible.
ü Opening lots of ATM booths:
EXIM Bank Ltd should open enough booths in Dhaka city and all over Bangladesh. It helps
the banks in reducing crowd at bank’s counters.
ü Starting evening banking service:
EXIM Bank Ltd should start evening banking for that segment of customer.
ü Starting SMS banking:
EXIM Bank Ltd should start SMS banking. It’s good for the customer. A client automatically
receives information about his account balance.
ü Starting 24 customer service:
EXIM Bank Ltd should start 24 hour customer service. It may be satisfying the customer. It’s
very reliable for every customer to take a service.
ü Organizing training session:
A training session or workshop could be organized to let the officers know about the changes
and ins and outs of different account opening and deposit forms. Long-term training is very
much required for the employees.
ü Starting close branch:
The gap between the branches could be minimized by a vigorous and vigilant supervision by
the senior officers in their respective branches.
ü Appointing more officers:
There should be more officers appointed in the cash section and a proper instrument should
be brought to identify the fake notes which are almost impossible to identify with the current
available device though it is a matter of joy that such device will soon be arriving in near
future according to the higher official.
52
5.2 Conclusion:
Despite all the economic challenges and political crisis faced in previous years EXIM Bank
Ltd. stood resolute in its firm commitment to financial growth. The objective of EXIM Bank
Ltd. is geared towards the changing needs of its customers. The Bank is on a strong footing to
impart tailored services. The focus of the Bank lies on its large clientele base and their
expectation from the Bank. It is the aim and intension of EXIM Bank Ltd. to accelerate the
trend of growth and development in advanced level, so as to reach a position where the
Banks’ brand will be associated with being the leading provider of quality banking and
financial services in the country. Modern Commercial Banking is an exacting business.
Commercial banks are great monetary institutions, important to the general welfare of the
economy more than any other financial institution. It has a vastly sobering and exacting
responsibility.
Today is not like yesterday and tomorrow will be different from today. Given the fast
changing, dynamic global economy and the increasing pressure of globalization, l
consolidation and disintermediation, it is essential that EXIM Bank Ltd Limited should make
a reasonable change in its inanimate environment to serve its consumers in a more attractive
and effective way that are sensitive to these changes. To improve the customer service
programs further, EXIM Bank Ltd Limited should adopt some of the industry best practices
that are not practiced currently.
Marketing strategy means the marketing logic by which the business unit hopes to achieve its
marketing objectives. Through market segmentation, targeting, and positioning, the company
decides which customers it will serve and how. It identifies the total market, then divided it
into smaller segments, select the most promising segments, and focuses on serving and
satisfying customers in these segments.
Guided by marketing strategy, the company designs a marketing mix made up of factors
under its control - product, price, place, and promotion. To find the best marketing strategy
and mix, the company engages in marketing analysis, planning, implementation, and control.
Through these activities, the company watches and adapts to the actors and forces in the
marketing environment.
53
Appendices
Appendix-1
54
Appendix-2
55
Bibliography
References:
Books
1. David W. Cravens & Nigel F. Piercy, Strategic Marketing 8th Edition, Inc, Singapur,
2006.
2. Philip Kotler, Marketing Management 11th Edition, Inc, USA, 2003.
3. Philip Kotler, Principles of Marketing 13th Edition, Inc, USA, 2005.
Websites
· http://www.assignmentpoint.com/business/internship-report-on-marketing-strategy-
of-exim-bank-limited.html, retrieved on 15/11/2014 at 6p.m.
· http://www.scribd.com/doc/75455732/Assignment-on-Marketiong-Strategy-of-Exim-
Bank, retrieved 18/11/2014 at 4p.m.
· http://www.eximbankbd.com/deposit, retrieved on 10/10/2014 at 10p.m.

· http://www.eximbankbd.com/Investment, retrieved on 11/10/2014 at 8p.m.
56

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Daffodil International University Library

Digital Institutional Repository

Marketing Strategies of EXIM Bank

ABDULLAH AL MAMUN, Md.

Daffodil International University

“©Daffodil International University”

Md. Abdullah Al Mamun.

Subject: Submission of “Internship Report on Marketing Strategies of EXIM Bank

Thanking you for your kind supervision.

Md. Abdullah Al Mamun

Development of the economy of a country depends on disciplined, modern and dynamic

L/C- Letter of credit

GB- General Banking

FDBC- Foreign Document Bill for Cash

FDBP- Foreign Document Bill for Purchase

FATF- Financial Action Task Force

ML- Money Laundering

EFT- Electronic Fund Transfer

NBFI- Non-Bank Financial Institutions

ATM- Automated Teller Machine

Bank A/C- Bank Account

KYC- Know Your Customer

BB- Bangladesh Bank

PFS- Personal Financial Service

TP- Transaction Profiling

TT- Telegraph Transfer

CD- Current Deposit

MMSS- Mudaraba Monthly Savings Scheme

FDR- Fixed Deposit Rate

MSD- Mudaraba Savings Deposit

MSTD- Mudaraba Short Term Deposit

Letter of Transmittal III

Chapter One: Introduction of the Report

1.2 Origin 1-2

Chapter Two: Overview of EXIM Bank Ltd

2.3 Hierarchy of position 7

2.4 Hierarchy of position in Principal Branch 8

2.5 Corporate Culture 10

2.6 Company Mission & Vision 10-11

“©Daffodil International University”

2.8 A Brief of EXIM Bank Ltd Tongi Branch 14

Chapter Three: Marketing Strategies of EXIM Bank Ltd

3.1 Marketing Mix of EXIM Bank Ltd 15

3.3 Marketing Strategies of EXIM Bank Ltd 17-19

3.4.Marketing Mix 20-44

3.4.1.1 Deposit Products of EXIM Bank Ltd 20-28

3.4.1.2 Investment Products of EXIM Bank Ltd 28-32

3.4.1.3 Information and Technology Service 32

3.4.1.4 Proposed Products of EXIM Bank Ltd 32

3.4.1.5 Product Strategy of EXIM Bank Ltd 33

3.4.1.6 New Product Planning Process of EXIM Bank Ltd 33

3.4.2 Price 34-40

3.4.2.1 Price Strategy of EXIM Bank Ltd 35

3.4.2.2 Pricing of EXIM Bank Ltd 36-38

3.4.2.3 Deposit Pricing of EXIM Bank Ltd 38-39

3.4.2.4 Pricing Situation of EXIM Bank Ltd 39

3.4.2.5 Pricing Decision 40

3.4.3.1 Distribution Strategy of EXIM Bank 40-41

“©Daffodil International University”