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RAKUB stepped into the world of computers in 1993.  During the nineties RAKUB has made some progress in computerization of its accounting, lending and personnel management activities.The bank has been implementing a long-term perspective plan to be concluded in the year 2014. Now total number of of branches is 364. It would definitely be a challenging task to run the business in 2010-2014 with only 4,171 employees (March,2010) of the Bank. So, a large-scale automation program would be essential to run the Bank in an efficient way under shortage of manpower.

 

 

 

 


 

Perspective ICT Plan:2009-2014

Need of computerization of activities of a banking institution in today's perspective could hardly be overemphasized. Compared to other banks RAKUB has been lagging far behind in respect of computerization in general and computerization of branch banking in special. The central bank has underscored the need of computerization of banks from time to time. It is expected that in near future online connectivity would also be applicable for central bank's other return/statements too. Besides, the concept of e-government is also coming up. Under the circumstances the Bank has devised an elaborate Perspective ICT (Information and Communication Technology) Plan: 2009-2014.

Perspective ICT Plan: 2009 through 2014 has covered the following issues:

Details of Hardware and Software procurement during the years .
Computerization of all branches and controlling offices.
Training up bank's personnel

 

 

 

 

 

 


In this backdrop the Bank proposed in 2004-organogram for a full-fledged computer department in the head office. Set up of the computer department as approved in the organogram is as below:

Approved posts in organogram

Post

No.

DGM

1

AGM (Sr. System Analyst/ Sr. Maintenance Engr.)

2

SPO (Sys Analyst/ Sr. Programmer/ Op. Manager)

2

PO (Asstt. System Analyst/Programmer/ Computer Operations Supervisor/ Maintenance Engr.)

4

Senior Officer (Asstt. Programmer/ Sr. Computer Operator/ Asstt. Maintenance Engr.)

4

Officer (Data Entry Control Supervisor)

3

Computer Operator

2

Data Entry Operator

1

Peon

2

Total

21

 

 

 

Passed by the board of directors in its 264th meeting on 26.06.2004 the department has set off on 8 September 2005.

 

 

Appropriate Computerization for RAKUB

The Bank need not go after any ambitious computerization like Online or Centralized Banking that entails huge initial investment. Rather the Bank would pursue a modest cost effective ICT plan. In addition to providing better services to depositors the bank should keep in mind to provide services to more or less 150,000 borrowers who come to the branches two to three times a year to transact crop loans amounting to Tk 12,000 million. At present automation of branches (One Stop Service) by providing one server, two PCs with necessary peripherals might result in much better turnover of crop loans. The bank can earn additional income of Tk 100 million per year in the way of increased realized interest and service charge by introducing hassle-free, well organized computerized crop lending system.Then the Bank will go on Centralized Banking System in near future.

 

 

 

 

 

Coping with Central Bank's IT Programs

The Bank has instantaneously responded to the central bank's efforts of computerization of scheduled banks statistics (SBS), borrowers information i.e. credit information bureau (CIB) reports and clearing house activities.

 

 

 

 

 

 

 

 

 

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