Consumer Credit Programme of Commercial Banks in Bangladesh

Contents: Preface. 1. Introduction. 2. Modus operandi of the consumer credit programme. 3. Profile of the study area. 4. An analysis of consumer credit programme. 5. Impact assessment of the scheme. 6. Conclusions and recommendations. Bibliography.

"Consumer Credit Programme is an important development scheme in the banking sector in most of the developing economies including Bangladesh. In Bangladesh people of limited monthly income are faced with the problem of improving their standard of living. Considering this, some commercial banks have started Consumer Credit Programme especially since the mid-1990s. The broad objectives of this scheme, among others, are to help service holders by providing consumer credit at a reasonable rate of interest encouraging saving habit, developing the saving habit, facilitating increasing standard of living and finally to play the active role in the socio-economic development of Bangladesh. The main purpose of this book is to investigate the detailed characteristics and effectiveness of Consumer Credit Scheme of Commercial Banks in Bangladesh with special reference to Rajshahi Metropolitan area. It also covers the socio-economic background of the borrowers and its impact on the managerial success of the banks. It gives emphasis in identifying the limiting factors of utilizing the available funds for the purpose. A comparative analysis of the success of commercial banks in implementing different credit schemes and the causes of variations if any has been done at the end." (jacket)