GIS is now-a-days a quite helpful tool for final decision producing. Anytime it necessitates producing a final decision related to “place”, it arrives to the term ‘GIS’. GIS makes these place related selections and assessment quite straightforward. It makes the assessment basic and precise if the inputs are correct. Thus a single can have the advantages of examining spatial data as properly as socio-economic data in GIS system.

GIS in developed nations around the world

Made nations around the world like United states of america, British isles, Japan are applying this technological know-how enormously in various small business sectors beside development routines like true point out small business, banking, data sharing and so on. They use it to leverage their functionality and also improve output. With GIS, the efficiency is enhanced and also the final decision producing positions are quite straightforward and correct.

GIS in Bangladesh

In new days, GIS technological know-how is used in various sectors of Bangladesh. But the subject is it is only used to prepare a source map or chance map of an space. The examining electrical power of this tool is simply used in people areas. The organizations performing in development sector are preparing maps and reports. But the humorous subject is maps are ready in a single cell. The person performing in this cell is properly proficient in GIS systems but he has quite limited accessibility or time to see the reports. The reports are ready by an additional person who has quite limited information about the technological know-how. As a result, the prospect of this broad technological know-how is ignored. All over again, the scope of applying GIS technological know-how is quite broad. As talked about earlier, place and GIS is related to each other. Thus any organizations performing with place data can use this broad technological know-how to increase their routines. For instance, the banking sector has to perform thoroughly with place. They have to locate their account holders or locate a plot or property if anyone desires to take loans. All over again any small business organizations can use GIS tools to improve their small business in various areas. They can use this tool to take selections about setting up their promotion boards or pick out their routes to supply goods. The GIS technological know-how can also be used to establish upcoming development of the city and set up new areas to small business. In the pursuing discussion, prospective customers of applying GIS technological know-how in banking sector are highlighted. It is not a total examine report. There may be numerous other sides wherever GIS can be helpful for Banks to improve their functionality and purchaser providers.

one.Conclusion relating to sanction of bank loan- spatial assessment of the plot.

One particular of the tedious positions in banking method is to deliver bank loan support for the clientele. Banks do so as to increase their accessibility to the customers. It really is been remaining a competition amid the banking institutions that how a financial institution is delivering these support. In carrying out so, Banks will need some protection like some visible property or established small business and so forth. Now wherever arrives the visible property, the GIS also arrives there. Banks take home loan to sanction and specify the total of bank loan. In carrying out such final decision, banking institutions have to examine the property or plot like length from the most important highway or dimension of the plot, confirm the real operator of the plot, current land valuation and so forth. They are carrying out these things manually by heading to the web sites or get hold of with third bash for carrying out these positions. This usually takes at least 30 days to do the positions and also have to shell out a lot of revenue. It also will need a lot of time to make the final decision. However there is an additional likelihood to use the exact same plots to various banking institutions for loans.

But if they have a GIS database, they could do the followings very easily:

o Do the spatial assessment very easily with just a single simply click on the laptop or computer.

o Calculate the space or length from most important highway with no heading to the site/plot.

o Calculate the land benefit of the space by examining the surrounding space.

o Creating a central database method to stop the double bank loan takers employ exact same plots.

o Can reduce the financial investment time by 30 days.

This is a major issue for any banking institutions to reduce their financial investment time. If they can save 30 days they can have a profit of BDT30-40 lacs (US$42857.14-US$57142.85) per 12 months.

Lender just will need the pursuing data for this assessment:

o Plot/property place (address).

o Owner title.

o Plot dimension (space).

o Distance from the most important highway.

o Adjacent highway width.

o Present land use (particular).

o Land benefit.

o Information of the plot i.e. earlier operator, case, past bank loan getting ailment and so forth.

o Crime rate of the space.

Numerous of the data like plot dimension, length from the most important highway, adjacent highway width, current land use and so forth. can be derived from the digitize map of an space. Others are to be collected from the discipline stage survey.

two.Conclusion relating to institution of ATM booth.

Now a day’s banking support is escalating speedily. Every financial institution is attempting to take the providers to the customer’s house or offices. ATM is a single of them. But to deliver an ATM device to an space, Lender has to imagine various spatial issues like focus of professional land use, focus of debit/credit score card holders of an space, route for getting revenue to the ATM booth and so forth. These all can be accomplished very easily with a GIS tool.

Conclusion derived from the map relating to ATM booth:

o Area an ATM serves.

o Factors to set up an ATM.

three.Site of the bank loan takers.

Lender is now expending a lot of revenue to locate the account holders or bank loan takers. They are speaking with their consumer at frequent interval to locate them. This task can be built quite straightforward with GIS as below a bank loan taker or consumer can be very easily determined in the map. But for this, the database has to be frequent up to date as this is presently accomplished.

o Present address of the bank loan takers.

o Change address.

o Distance from the branch and route to the address.

four.Most effective route of the van to produce revenue to the ATM booth/branches.

This gain is talked over marginally earlier. A financial institution has to examine extensively to choose the shipping and delivery route of the van to take revenue to the ATM booths. They have to imagine about the protection. In GIS, they can do this with developing basic network topology of the present highway and choose the greatest routes to take revenue.

five.Conclusion relating to institution of new branches.

As banking sector is a quickly rising discipline in Bangladesh, numerous new banking institutions and branches of present banking institutions are setting up now. They have to take into account various spatial issues to set up a new financial institution or branch. For instance, they have to do the followings things:

o Have a basic notion of the space like land benefit, socio-economic ailment and so forth.

o Locate the professional land use of the space.

o Locate the bazaar or industry space.

o Locate the household space and small business space.

o Locate the present highway network.

All these things can be very easily accomplished with a GIS tool by examining and querying to extract the data.

6.Conclusion relating to selection of new financial investment web sites for Banks or clientele

Banks can also take selections to locate or establish new possible web sites for new investments via GIS. They can examine an space with potentiality for economic development, present pattern of development and arrive to a final decision regardless of whether they invest in that space.

With the GIS database, a financial institution can do the pursuing:

o Regional assessment to establish profitable place to invest.

o Identify various attraction factors of the space.

o Identify the current land use and business of an space.

Rewards the Lender can get:

o Improve the purchaser providers dynamically.

o Considerable Reduction of the routine maintenance and processing value of the Lender.

o Select the greatest place to set up a new financial institution or branches.

o Choose the greatest route for revenue shipping and delivery van.

o Secure the bank loan course of action by preserving the data in central database and share it by on the web data management course of action.

o Reduce the head depend.

o Database routine maintenance is quite straightforward and value is quite minimal.

o Banks can save their financial investment related inquiry by a single months.

Summary:

In summary, it can be reported that banking institutions can have lot of advantages by introducing GIS in their each day routines. It can save revenue, time and manpower which are the focus on of any small business organizations. It is quite vital to regulate the data as there will be a broad total of data they have to handle. But by setting up a cell or by providing third bash the obligations to regulate and share data, the technique can be a quite profitable for banking institutions or other small business organizations.