...Bangladesh, 160 million peoples country is encompasses with thousands of Industries where service sector have taken the leading position in the country’s GDP in recent years. Banking sector is holding the leading position in order to take the GDP’s leader board of the table among the service industries. Last year Banking sector have contributed 48% of the country’s total GDP which is the clear indicator of pick position holder of the table. That rapid growth of the Banking service industry influenced a lot of people to involve their career in multiple sector of banking industry directly. So this is the perfect beginning t report the modern banking service in Bangladesh by South East Bank Limited where I have witnesses their performance growth in banking sector as an intern. Banking plays an important role in the economy of any country. In Bangladesh Muslim consist more than 80% of its population. These people possess strong faith on Allah and they want to lead their lives as per the construction given in the holy Quran and the way shown by the prophet Hazrat Mohammad (sm).But on Islamic banking system was developed here up to 1983.The traditional banking is fully based on interest it is commonly meant as commercial banks. But interest is absolutely prohibited by Islam. The main aim of traditional banking is to earn profit by borrowing and lending money in exchange of interest. As a result there is an unfair competition among the bankers and among the customers. The major objective...
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...September 2012 ______________________ Mr. Abdullah Al Aabed Lecturer School of Business Independent University, Bangladesh. September 6, 2012 Social Islami Bank Limited Page 2 LETTER OF TRANSMITTAL Date: 6th September, 2012 Mr. Abdullah Al Aabed Lecturer School Of Business Independent University, Bangladesh Subject: Submission of Internship Report Dear Sir, I am hereby submitting my Internship Report, which is a part of the BBA Program curriculum. It is a great achievement to work under your active supervision. This advance working report is based on Capital adequacy of Social Islami bank Limited. I have got the opportunity to work in Social Islami Bank Limited for twelve weeks, under the supervision of Mr. Fazle Rabbi Talukder (Assistant Officer). This project gave me both academic and practical exposures. First of all I learned about the organizational culture of a prominent bank of the country. Secondly, the project gave me the opportunity to develop a network with the corporate environment. I shall be highly obliged if you are kind enough to receive this report and provide your valuable judgment. It would be my immense pleasure if you find this report useful and informative to have an apparent perspective on the issue. Sincerely Yours __________________ Abdur Rahman Shible IUB, Business School ID: 0720529 Social Islami Bank Limited Page 3 ACKNOWLEDGEMENT First of all, I wish to express my gratitude to the almighty ALLAH for giving me the strength to...
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...AN INTERNSHIP REPORT ON Analyzing the Problem of General Banking System of United Commercial Bank Limited Prepared By Sirajum Munira ID NO: 10254030 Department of Finance & Banking University of Rajshahi Supervised By Md. Monimul Haque Assistant Professor Department of Finance & Banking University of Rajshahi July 2012 Analyzing the Problem of General Banking System of United Commercial Bank Limited Prepared By Sirajum Munira ID NO: 10254030 Department of Finance & Banking University of Rajshahi An internship report submitted in partial fulfillment of the requirement for the degree of Master of Business Administration (MBA) Supervised By Md. Monimul Haque Assistant Professor Department of Finance & Banking University of Rajshahi July 2012 July-30, 2012 The Supervisor Department of Finance and Banking University of Rajshahi Subject: Submission of Internship Report Dear Sir, I am delighted to present my Internship Report on “Analyzing the Problem of General Banking System of United Commercial Bank Limited”, which is prepared in a partial fulfillment of the requirement for the degree of MBA. Preparing such kind of report is a great opportunity for me while having overall knowledge on General Banking practice. I believe that the practical learning will boost our intellects in our coming career life. I have...
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...CHAPTER ONE INTRODUCTION OF INTERNSHIP 1.1. Introduction: We are the students of the University of Rajshahi, Department of Finance and Banking. According to the rules of Rajshahi University (in BBA) we were sent in some organizations to acquire some practical knowledge that is called internship. As a student of Finance and Banking we are to complete our internship program mainly on Financial organization; Banking sector are given preference here. This time for internship we were divided in some groups, eight students in a group were sent in Rajshahi Krishi Unnayan Bank, Greater Road Kajihata branch to complete our internship. We were given 90 days to complete our internship program which was not enough to get overall practical knowledge on banking sector. But as a student of Finance and Banking we tried hard to get on over all idea on banking sector from RAKUB. We are very much grateful to our honorable teacher, Zubair Ahmed, Assistant General Manager of Greater Road Kajihata Branch of RAKUB, other officials and workers who helped us in many ways during the whole period of our internship program. Department of Finance and Banking 1 1.2. What does Internship mean: Practical training is necessary to achieve complete knowledge about something. Learning of the in and outs of the practical experience engaging on the basis of activities is called internship. In another word, practical training or internship means to acquire knowledge and information investigating...
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...Manager) who had instead and help me in my report. Lastly I would love to thanks my family members all the support and prayers in every steps. Summary: This internship report grasps the achievement of my particular understanding of banking Environment along with achievement of banking rules. I had begun this internship of mine. From soneri bank private limited Okara Branch. The duration of my internship was six weeks. I was introduced to the basic working of banking along with real life Practice. Soneri bank is the one of the Pakistani private and supportive commercial bank having 234 branches in larger cities of Pakistan. It’s main head office in Karachi on chundrigar Road. Its head Quarters in Lahore. The bank starts its developments in year 1992. Soneri bank limited came in to being on September 28, 1991; the first branch of bank opened in Lahore on April 16, 1992 and also has branch in Karachi on May 09, 1992 & listed on all the stock exchange of Pakistan. To open a customer account like Individual, joint partnerships, private limited are the minor types of accounts. Different certification is required for each form is same type of account but application form is same for all accounts like soneri saving accounts, basic banking Account, current deposit, and Ikhtiar Account. In credit department is relationship with the form of deposits or the accounts that are opened in bank. Customer can deposit their amount in Soneri accounts like soneri saving Account, profit...
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...Chapter1 Introduction of The Report 1.0 Origin of the report: Every student of Bachelor of Business Administration (BBA) Program has to undergo a practical orientation (Internship) in any organization for fulfilling the requirements of program. In order to fulfill this requirement of the Internship program I have chosen National Bank Limited. The main purpose of the program is to know the real world situation. The tropic of my report is “Commercial Activities and Competitive Advantage Of National Bank Limited”. In this regard I have opportunity to make my internship in National Bank Limited (Progoti Soroni Branch). The National Bank Limited is a scheduled private commercial bank established on 23rd March, 1983. During this short span of time, the bank has been successful to position itself as a progressive and dynamic financial institution in the country. National bank was born as the first hundred percent Bangladeshi owned bank in Private sector. The then President of the People’s Republic of Bangladesh Justice Ahsanuddin Chowdhury inaugurated the bank formally on March 28, 1983. NBL was first domestic bank to establish agency arrangement with the world famous Western Union in order to facilitate quick and safe remittance of the valuable foreign exchanges earned by the expatriate Bangladeshi nationals. NBL was also the first among domestic banks to introduce Master Card in Bangladesh. Since the very beginning, the bank exerted much emphasis...
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...4.1 General Banking of Sonali Bank Limited: Financial institution/ intermediary that mediates or stands between ultimate borrowers and ultimate lenders is knows as banking financial institution. Banks perform this function in two ways- taking deposits from various areas in different forms and lending that accumulated amount of money to the potential investors in other different forms. General Banking is the starting point of all the banking operating. General Banking department aids in taking deposits and simultaneously provides some ancillaries services. It provides those customers who come frequently and those customers who come one time in banking for enjoying ancillary services. In some general banking activities, there is no relation between banker and customers who will take only one service form Bank. On the other hand, there are some customers with who bank are doing its business frequently. It is the department, which provides day-to-day services to the customers. Every day it receives deposits from the customers and meets their demand for cash by honoring cheques. It opens new accounts, demit funds, issue bank drafts and pay orders etc. since bank in confined to provide the service everyday general banking is also known as retail banking. Sonali bank involves Various types of General banking activities such as deposit A/C, Inoperative A/C, Payment of Checks, Return of Checks, A/C Closing, A/C Transfer, Works of Cash Section, Subsidiary Register Day Book, Clean Cash...
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...enables the country to maintain a stable external value of taka. With the integration of global economy, the financial sector of Bangladesh requires diversified and innovative financial products, derivative instruments and other creative banking. NRBs may play a pivotal role in the further augmentation of the financial sector by extending their valuable contribution. Bangladesh Bank has decided in principle to grant license to a new banking company to be set up by NRBs in pursuant to section 31 of the Banking Companies Act, 1991 of Bangladesh after considering the need and overall strategy congenial to effective monetary and financial sector policy for the country. Terms and conditions for the establishment of NRB bank are as follows: 1. Status of the NRB Bank 1.1 Must be a public limited company incorporated in Bangladesh. 2. Paid up capital requirement 2.1 The paid up capital of an NRB bank shall be not less than money equivalent to BDT 400.00 Crore. The share capital will be formed with ordinary shares only. 3. Mode of payment 3.1 The capital contribution made by the NRB sponsors of the proposed bank shall be in a liquid, unencumbered form. 3.2 The contributed money has to be remitted through the banking channel and shall be deposited with any banking company in Bangladesh. 4. Sponsors and share capital contribution 4.1 Shareholding of the NRB bank shall be as follows: • • Sponsors Public Offer : 50% : 50% 4.2 All the sponsors must be NRBs. 4.3 A sponsor may be an individual person...
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...settings, and use them as laboratory opportunities to apply our knowledge gained throughout the program. It also helps us to learn new skills as well as to hone existing ones, particularly those related to time-management, interpersonal skills, organizational skills, communication skills and so on. It helps student to transition from a nurtured state to one which students have much greater control. It also allows us to prove ourselves and to begin building our professional network. I have completed my internship under the supervision of the assigned faculty member, Mohammad Zubair Hossain, lecturer in North South University. His guidance and valuable advice helped me a lot. My host organization supervisor was Mr. Asad Uz Zaman, Principal Officer at RBL. To enrich my internship experience, my supervisor has helped me in many ways. He assisted me in acquiring skills that are required at work. He guided me as I adjust in a work-setting and learn to achieve work- life balance. Moreover, He assisted me in my reflection on the internship experience, and encouraged me to use that in shaping my career plan. 1.1 An Overview of Rupali Bank Limited Rupali Bank Limited was established in a newly independent country of Bangladesh as a Nationalized Commercial Bank in the year 1972. Rupali Bank Ltd. was constituted with the merger of 3 (three) erstwhile commercial banks i.e. Muslim Commercial Bank Ltd., Australasia Bank Ltd. and Standard Bank Ltd. operated in the then Pakistan on March 26...
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...courses a person may be appointed to an eligible post by the theoretical and practical knowledge. To invent something new by proper investigation or discussion of a known and unknown matter and to make a right decision by the knowledge is the main theme of internship. So, internship is standard method taken for searching knowledge i.e. it is the combination of theoretical and practical knowledge 2. Objectives of the study The main purpose of this study is to investigate and observe into the loan disbursement and recovery of Sonali Bank Limited, Sopura Branch, Rajshahi and to provide some suggestions to improve its performance. However, followings are some of the specific objectives of the study: ❖ To know general banking activities performed by the bank. ❖ To find out the comparative position of the bank. ❖ To identify various loans, advances and credit provided by the bank. ❖ To know the amount of disbursement and recovery of the bank. ❖ To know what are the vouchers and documents are used. ❖ To know the vouching and accounting system of the bank....
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...Administration A Report on Mercantile Bank Limited PREPARED FOR Shahriyar Anam Course Instructor Business Communication PREPARED BY Sabbir Ahmed Reg – 11102003 Group – A (BBA) Department of Business Administration The University of Asia Pacific Letter of Transmittal August 21, 2011 Shahriyar Anam Course Instructor (HSS 131) Department of Business Administration The University of Asia Pacific Subject: Application for submitting the report on Mercantile Bank Ltd. Dear Sir, I beg most respectfully to state that, for the fulfillment of the course requirement, I have prepared a Report on Mercantile Bank Ltd. I have written this report based on my exposure to General banking, Foreign exchange, Loan and Advance department of main branch, Mercantile Bank Ltd. It is a great pleasure for me to present you this report. I shall be glad if the report can serve its purpose and I am ready to explain anything to you if you feel necessary. Thanking You, Sincerely Yours, Sabbir Ahmed Reg – 11102003 Group – A, BBA Department of Business Administration The University of Asia Pacific Preface Preface The diversity and variety of the world’s nations are not only a source of delight for humanity; they are also the wellsprings of international commerce. The diversity...
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...Internship Report: HRMP in Standard Chartered Bank Abstract According to the universalistic perspective, organizations from different sectors, across industries, and through different time periods should use a series of select human resource management practices (HRMP). The main principle of this paper is to investgate whether i there is any relationship between HRMPs and organizational performance, regarding Standard Chartered Bank in Bangladesh. This study aims to investigate the relationship of training, employee participation, and selection with perceived organiz ational performance in the context of Standard Chartered Bank in Bangladesh. This study is co -relational in nature and it will examine the correlation among these variables. A single set of sample will be considered for this study and that will be the employees of Standard Chartered Bank. A set of structured questionnaire will be distributed among 200 respondents. Regression analysis will be conducted for the purpose of data analysis. -1- Internship Report: HRMP in Standard Chartered Bank Origin of the Report The BBA internship program is a mandatory requirement for the students who are graduating from the BBA program under the School of Business of North South University, Bangladesh. In the internship program, I was attached to a host organization named µStandard Chartered Bank¶ for 12 weeks. During this period I learned how the host organization works with the help of the internal supervisor....
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...Introduction 1.1 Background of the Study Banking system occupies an important place in a nation's economy because of its intermediary role; it ensures allocation and relocation of resources and keeps up the momentum of economic activities. In a developing country like Bangladesh, the banking system as a whole has a vital role to play in the progress of the economic development. The demand , motivations and priorities of the consumers are the first crucial steps towards the improvement of customer satisfaction .And customer will satisfied if they get proper products and services . Deposits are the most important department of any bank. It consists of current, saving and fixed deposit transaction etc, the core objectives of deposit is to increase the economic growth of the nation. This department is very important for the bank, which requires knowledge based banking activities. No country can survive without a perfect Deposit mechanism, that’s why I put emphasis on this department. Quality customer service by Deposit department is essential to building customer relationships .The high level of customer loyalty depend on the quality of the core services. If a service provided by this department is not up to the mark then a company can lose its loyal customer. And it also can’t be able to get new customers. The department should use new technology and should develop new strategies for satisfying the customers. And if the manager and the department...
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...National Bank of Pakistan [pic] Maryam Naeem MC080202354 MBA (HRM) Session-Feb 2008-Feb 2010 Submission Date: March 22, 2010 Virtual University of Pakistan [pic] Letter of Undertaking Internship Certificate: Dedication I dedicate this effort to my dear Grand Maa (Late) whose prayers made me able to reach where I am today. Thanks Amma! Acknowledgement “IN THE NAME OF ALLAH, THE MOST GRACIOUS AND MERCIFUL, THE BENEFICENT” first of all I would like to bend over my head in front of ALMIGHTY ALLAH. It was HE who direct me in every stage of my life, and who bestow me with capability to accomplish the best and helped me to conquer every attempt and difficulty I faced during my journey of getting professional education at VU. At this important moment of my life when I completed my last project, I am feeling a sense of relief and sadness at the same time, relief for having completed my MBA program and sadness for leaving an institution, which has given me so much. I am great full of all my instructors of Virtual University who have taught me very well. My report will remain incomplete if I do not mention the people who helped me in completing this work but honestly speaking there is an unending list of persons who helped me in completion of my professional education...
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...Internship Report on Overall banking operations; A practical study on JBL, Kadirgonj branch, Rajshahi Submitted to the Department of Management of Rajshahi University in partial fulfillment of requirement for the award of the MBA degree Under the supervision of Prof. Dr. ANM Jahangir Kabir Department of Management University of Rajshahi Rajshahi- 6205 By Md. Rokonuzzaman Exam Roll No: 04107262 MBA in Management Session: 2003-2004 University of Rajshahi Rajshahi- 6205 April 20, 2010 MBA; Internship repot 0 Department of Management University of Rajshahi Rajshahi- 6205 Chapter objectives To be acquainted with the Background of JBL. To know about the Role and Function of JBL as a Commercial Bank. To be acquainted with different Branches of JBL at Rajshahi. To be acquainted with the Background of JBL, Kadirgonj Branch; Rajshahi. MBA; Internship repot 1 Department of Management University of Rajshahi Rajshahi- 6205 Theoretical discussion Janata Bank Limited, one of the state owned commercial banks in Bangladesh, has an authorized capital of Tk. 20000 million (approx. US$ 289.85 million), paid up capital of Tk. 5000.00 million, reserve of Tk.8202.00 million and retained surplus Tk. 2737.00 million. The Bank has a total asset of Tk. 282423.00 million as on 30th November 2009. Immediately after the emergence of Bangladesh in 1971, the erstwhile United Bank Limited and Union Bank Limited were renamed as Janata Bank. On 15th November, 2007 the bank has been corporatised and...
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