Janata Bank Limited has already established a world wide network and relationship in international Banking through its 4 (four) overseas branches and 1198 foreign correspondents. 

The Bank has earned an excellent business reputation in handling and funding international trade particularly in boosting export & import of the country. 

The Bank finances exports within the frame-work of the export policy of the country.

It is one of the pioneers in promoting back to back Letter of Credit for the RMG (Ready Made Garments) sector.

To boost up country's Export, Janata Bank Limited has been providing different kinds of assistance to exporters. Some of which are as under:-

• Providing Pre-Shipment and  Post-Shipment  Finance, Export Guarantee and bonding facility etc.

• Concessional rate of interest for exports Finance.

• Back to Back L/C under bonded Warehouse facility

• Sight & Unasked L/C against Firm Contract for import of raw materials.

• Sight L/C under EDF

• Exporter's Retention Quota A/C both interest bearing and non-interest bearing.

• Export incentive Program.

• Banking at Export Processing Zone

• Scope for establishment of export oriented industry by 100% foreign investment and by joint-venture

• The sole bank to disburse Government Export Promotion Fund against export of Computer Software & Data Entry Processing

• Undergone to an agreement with Bangladesh Bank to obtain fund from Government EEF (Equity & Entrepreneurship Fund) to build up entrepreneur's equity.

• Providing services to the exporter by utilising most modernised technology like Swift, Reuters, Internet, Fax etc. Our bank E-mail no. is id-obd@janatabank-bd.com any latest business information will be available at our website; www.janatabank-bd.com 

• Consultancy and advisory services by an expert group of officials.

• Special export financing program towards computer software data entry and service export.

Salient Features:

1. A  Firm or Company having valid ERC, necessary infrastructural and technical facilities and sufficient skilled man power related computer.

2. Member of BASIS or BCS.

3. Having Computer Literacy or related professional background.

4. Preference to the firm/company having prior experience

5. Satisfactory performance Certificate/Acceptance Letter from Counterpart abroad.

6. Valid Export Orders are in hand.

Ø   Scope of Further Expansion

• Software and data entry

• Jewellery

• Frozen fish

• Dry & dehydrated fish

• Processed and semi-processed food fishes and shrimps

• Electrical and electronics item

• Toys and Luggage

• Fashion item

• Leather goods

• Stationary goods

• Diamond cutting  and polishing

• Orchid

• Gift item

• Bamboo, Cane and Wooden furniture

Janata Bank Limited also provides the following loans:

• Working Capital Loan from EPB under Government Export Promotion Fund (EPF), 

• Government Equity and Entrepreneurship Fund from Bangladesh Bank

Ø      Working Capital Loan from EPB under THE Government Export Promotion Fund 

The eligibility for obtaining this loan is:-

1. Limited Company, Partnership or Proprietorship firm having valid ERC and members of BASIC or BCS.
2. Commercially & technically viable and profitable as per assessment of EPB.
3. Latest one among the Entrepreneurs should be computer literate having a degree or diploma in computer.
4. Number of programmers will be at least 5 among which at least 3 having degree or diploma in computer science.
5. An established computer software firm which has at least 5 PC and necessary Printers, UPS, IPS, Generator, Voltage Stabilizer etc with LAN and E-mail/Internet facility.

 Salient Features of the above Loan 

1. Minimum loan amount will be 50% of export order or Tk. 2.5 million whichever is lower,
2. Export order will remain valid upto one year. Rate of interest @6.00% simple & service charge @2.5%. In case of default to repay in due time, additional 0.50% service charge will be realized.
3. Export proceeds to be repatriated through the designated bank i.e. Janata Bank Limited, Janata Bhaban Corp. Branch.
4. Loan amount including interest will be adjusted from the export proceeds.
5. Loan sanctioning authority is EPB and as per their sanction letter Janata Bhaban Corp. Br. will disburse the loan applying all the formalities as per MOU made between Janata Bank Limited and EPB.

 Ø      Government Equity and Entrepreneurship Fund from Bangladesh Bank

 Eligibility for obtaining the fund and Salient Features: 

1. New project, registered as Private Limited Company under company Act 1994.
2. Total project cost including net working capital will not be less than Tk. 15 million.
3. The project should be viable in consideration of its technical, management & economical aspect.
4. Equity participation will be 1/3 of the total project cost, out of which Bangladesh Bank equity participation will not be more than 49%.
5. Bank's loan if any and entrepreneurs own contribution to be fully utilized before utilizing EEF.
6. The company will issue equal amount of share against EEF in favour of Peoples Republic of Bangladesh and to be submitted to the concern bank. The EEF share will be entitled to get dividend as declared by the company or 5% P.A, whichever is higher,
7. The entrepreneur will buy back the share within first three years face value plus 5% P.A. 
8. In case of default to repay the fund due to genuine loss, 90% of the EEF will be borne by Bangladesh Bank and remaining 10% by the concerned financial institution.

Ø      Financial assistance to boost up export :

	Concessional rate of interest.
	Export incentive programs.
	Export Processing Zone facility.
	Scope of establishment  of export oriented industry by 100% foreign investment and by joint venture.
	Full fledged infrastructural and logistic support for export i.e. project finance, working capital, pre-shipment & post-shipment export finance, guarantee, bonding facility, etc.
	Consulting facility by an expert group of officials.

Through quite a good number of Authorized Dealer Branches and 1198 nos. foreign correspondents world wide Janata Bank Limited has been extending full range import and relevant finance facilities.

Import  Items :

	Capital Machineries and Industrial raw materials.
	Fuel & Lubricants.
	Intermediate goods.
	Consumer durable, spare parts and equipments.
	Consumer goods  : Food & Food Grains, Baby food,  Petroleum, CDSO (Crude Degummed Soya bean Oil), CPO (Crude Palm Olin) Oilseeds, Cement Clinker, Construction Materials, Fertilizer, Chemicals and many other goods permissible by Import by Import Policy of the country.

Facilities  Offered :

	Opening of L/C at competitive/ reasonable margin and commission
	Interest at concession rate  on import finance to the prime customers & interest  rebate facilities.

Import Trend

Setting Industrial vision to facilitate  optimally, bank's involvement has been showing sharp rising trend as under:

Year	Taka in Million
2000	48004.80
2001	54666.30
2002	58889.10
2003	60476.80
2004	74919.70
2005	72912.20
2006	128809.00
2007	84065.40

National and Janata Bank Limited's Export Performance

In 2007 Janata Bank Limited's export target is Tk.-7,798.38 cr and from January to June the achievement is

             Tk.-3,492.20 cr what is about 45% of the target. 

Four Products: To increase export business providing the exporter more foreign currency, to stregthen their production capacity, to facilitate the in every maximum scope, the bank launched new four credit products by june'2003. These products have been proved to be fruitful adding Tk.2.00cr(approx.) more to the banks annual income through export business. These new four credit products are as follows in brief:

i)P.C. : In addition with the existing working capital it provides exporters emergence need to execute their foreign order. ii)C.C. : For importing bulk quantity of dies, chemical it is a great support for the exporter. iii) Mid term Loan : For importing generator, small machines, vehicles for emergency need. iv)PAD, Cash(F.C.) : For importing capital machinery.

Through EFS, the bank undertakes to purchase the goods directly from the exporter or the national  agencies in the participating member countries and sell them to the importer again a profit margin to be determined and negotiated on a case-to-case basis, means "Murabaha" or "Installment Sale".

# The scheme includes 24 member countries.
#Goods must be produced in member or OIC countries.
#Payment periods :

*Consumers goods-----------------------------------not more than 24months.
*Intermediate goods and raw materials---------------not more than 36months.
*Capital goods---------------------------------------not more than 120months.

#Security :

*As security, importers are to obtain bank guarantee from bank or financial institutions, which are acceptable to IDB or from the Islamic Corporation for Insurance of investment and export credit, a wholy owned subsidiary of IDB. Corporate guarantees from reputable parties can also be accepted as alternative to the guarantee.