... Shahriyar Anam Course Instructor Business Communication Submitted By Sabbir Ahmed Reg – 11102003 Group – A (BBA) Date of Submission – 21.08.2011 The University of Asia Pacific Department of Business 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 ...
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...Performance ratio of Mercantile Bank By: Sazzad Ferdous ID: 18-056 Chapter-1 Introduction: Banking system occupies an important place in a nation’s economy. Banking institution is indispensable in a modern society and it plays a vital role in the economic development of a country. Against the background of liberalization of economic policies in Bangladesh, Mercantile bank Limited emerged as a new commercial bank to provide efficient banking services with a view to improving the socio-economic development of the country. Mercantile Bank Limited is a scheduled private commercial bank established on May 20, 1999 under the Bank Company Act, 1991 and incorporated as a Public Limited Company under Company Act, 1994. The Bank started commercial banking operations from June 02, 1999. During this short span of time, the Bank has been successful to position itself as a progressive and dynamic financial institution in the country. The Bank had been widely welcome by the business community, from small entrepreneurs for forward-looking business outlook and innovative financing solutions. Thus, within this very short period it has been able to create an image for itself and has earned significant reputation in the country’s banking sector as a bank with vision. The company Philosophy –“efficiency is our strength” has been exactly the essence of success of this Bank. Mercantile Bank Limited has been licensed by the Government of Bangladesh as a scheduled Bank in the private sector...
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...Date: To Dr. Abdul Awal Khan Professor & Dean School of Business Asian University of Bangladesh, Dhanmondi Campus, Dhaka-1209. Subject: Submission of Internship Report. Dear Sir: I have great pleasure to replace before you my Practical Orientation in Bank report on Mercantile Bank Limited, 25/1, Zindabahar 1st Lane, Nayabazar, Dhaka, where I have completed my orientation in Bank program from 1st April to 30th June 2007 as a part of the BBA curriculum. I have observed and studied different functions of a bank and was assigned to submit a report on “A Practical Orientation Mercantile Bank Limited”. To prepare this report, I have gathered what I believe to be the most complete information available. Much of the information has been collected by reading different books, articles, annual report, web site etc, related to the Banking arena. The experience I have gathered during this period will remain as an invaluable asset of immense useful in my life. I have worked hard preparing this report and I hope it will satisfy my course requirement for BBA Program. I will be always available for answering any query on the report. I request you to excuse me for any mistake that may occur in the report despite of my best effort. Thanking You Sincerely yours, _____________ Imtiaj Uddin ID# 200310140 ACKNOWLEDGEMENT I am very glad that in spite of many limitations I have completed the Report successfully. Preparing this report, I received cordial and sincere assistance from many concerns...
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...requirement of the MIS course, it has chosen Mercantile Bank Ltd. Our course instructor Rakib has selected the overall topic of the report. The topic of my report is “Management Information System Of Mercantile Bank Ltd”. METHODOLOGY OF THE REPORT Primary objective: The primary objective of this report is to familiar with the working environment of present institutions and also fulfill the requirement of BBA theoretical knowledge gained from the coursework of the BBA program in a specific field. Secondary Objective: To Understand and analyze the overall activities of Mercantile Bank Limited To evaluate the existing MIS activities and techniques of Mercantile Bank Limited To study the operational efficiency of Mercantile Bank Limited To suggest the ways and means for improvement of MIS in policy and techniques SCOPE OF THE STUDY The scope of the repor5t is limited to the overall description of the bank, its services, its position in the industry and its competitive advantages. The scope is also defined by the organizational set-up, functions and performances. Here, Mercantile Bank Limited is compared with the different foreign and local banks as well. LIMITATION OF THE STUDY The one of the main limitations of the report was to conduct a small-scale survey on clients. * Insufficient supply of relevant books and journals. * I had no pervious...
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...1.0 Introduction 1.0 Background of the report As the student of Bachelor of Business Administration (BBA) every student has to conduct a practical orientation (Internship) on any organization for fulfilling the requirements of the B.B.A program. In order to fulfill this requirement of the Internship program I choose Mercantile Bank Limited (MBL). The main purpose of the program is to know the real world situation. The topic of my report is “General banking &credit on Mercantile Bank Limited”. In this regard I have opportunity to make my internship in Mercantile Bank Limited from July 22 to October22, 2009. The Mercantile Bank Limited is a scheduled private commercial bank established on May 20, 1999 under Bank Company Act, 1991 and incorporated as a public limited company under companies act, 1994. The bank started commercial banking operation from June 02, 1999. During this short span of time, the bank has been successful to position itself as a progressive and dynamic financial institution in the country. Involvement of the banking sector in different financial events is increasing day by day. At the same time the banking process is becoming faster, easier and the banking arena is becoming wider. As the demand for better service increases, the banking organizations are coming with innovative ideas. In order to survive in the competitive field of the banking sector, all banking organizations are looking for better service opportunities to provide to their clients. ...
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...Chapter One INTRODUCTION 1.1 Introductory Background of the issues on the Topic: Analyzing Performance Evaluations involves evaluating three characteristics: a Bank’s liquidity, profitability and efficiency. A short-term creditor, such as a bank, is primarily interested in liquidity---the ability of the borrower to pay obligations when they come due. The liquidity of the borrower is extremely important in evaluating the safety of a loan. A long-term creditor, such as a bondholder, looks to profitability and solvency measures that indicate the Bank’s ability to survive over a long period of time. Long-term creditors consider such measures as the amount of debt in the Bank’s capital structure and its ability to meet interest payments. Similarly, stockholders look at the profitability and solvency of the Bank. They want to assess the likelihood of dividends and the growth potential of the stock. Performance managers review and analyze the firm’s Performance Evaluations periodically, both to uncover developing problems and to assess the firm’s progress toward achieving its goal. These actions are aimed at preserving and creating value for the firm’s owner. Performance ratios enable Performance managers to monitors the pulse of the firm and its progress towards its strategic goals. Although Performance Evaluations and Performance ratios rely on accrual concepts, they can provide useful insights into important aspects of risk and return that affect share price, which management...
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...An Overview of SME On Mercantile Bank Submitted to: Sharmin Sabnam Rahman 1st Supervisor Kohinur Akter 2nd Supervisor Submitted by: SHETU GUPTA ID# 05104092 Course no-Bus400 1 May 13, 2010 Sharmin Shabnam Rahman ( Lecturer) BRAC Business School BRAC University, 66, Mohakhali, Dhaka- 1212 Dear Madam, I am very pleased to submit my internship report on “Mercantile bank Limited” which is an essential requirement for the completion of BBA program. This report is the result of the Internship Program that I have conducted in Mercantile Bank Limited at Bijoynagar Branch. All the information presented in this report is done with outmost sincerity and honesty. I have tried my best to make this report holistic and informative. Apart from the academic knowledge gained, this internship program and preparation of this report have given me the opportunity to know about the overview of SME Loan. I believe that, the experience I have acquired from this Internship Program will be a valuable asset in my life. Working with such an interesting program has given me the opportunity to achieve experience, which will be helpful in my future professional career. However, there may be some mistakes or lacking due to some limitations. Therefore, I would be highly be obliged if you would kindly consider my limitations. Sincerely Yours, _________________ Shetu Gupta ID- 05104092 BRAC Business School BRAC University. 2 Acknowledgement The report titled as “Overview of SME loan...
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...countries of Asia. Terming SME as ‘employment generating machine’ they stressed on SME development for higher economic growth, narrowing the gap of income inequality and poverty alleviation. The present government has also put much emphasis on the development of SME sector considering it as the driving force for industrialization. I have selected the Mercantile Bank. Students are required to prepare an internship report under the guidance of a supervisor on a selected subject matter to highlighting his experience and to conduct an in depth analysis on the subject matter. During my internship period I got the opportunity to work in SME department and I had an interest to prepare my internship report on the Small & Medium Enterprise (SME) Loan of Mercantile Bank Ltd. My supervisor Mr. Emran Ahmed, Lecturer, Department of Business Administration, World University of Bangladesh has allowed me to prepare the report on my interested topic. I have tried my level best to present my experience of the practical orientation in this report. 2. Objective of the Study ➢ To analyze the lending procedure of SME loan of Mercantile Bank Ltd. 3. Methodology of the Study ➢ Primary Sources: ▪ Practical work in desk ▪ Face to face conversation with officers ▪ Face...
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...students. The report includes the practical knowledge and information observed and obtained during the program. As an intern I was appointed to the Mercantile Bank Limited, A.K.Khan Branch. Mercantile Bank Limited is a specialized financial institution that performs most of the standard banking services and investment activities on the basis not only profit sharing but also social partnership. This study attempts to analyze the nature of modern banking activities and performance of Mercantile Bank Limited. All through the internship program, close observation was made on different banking activities of Mercantile Bank Limited. Its performance was reviewed and analyzed through the annual reports, and internal records of the bank. I have tried my best to use this opportunity to enrich my knowledge on banking system. After observing thoroughly, I have prepared this report on the basis of my findings and observation relating to the topic. In this situation I was assigned to prepare report on “A study on the Accounting Information System at Mercantile Bank Limited in Bangladesh”. 1.2 Objective of study General objective: * The prime objective of this report is to analyze the “A study on the Accounting Information System At Mercantile Bank Limited in Bangladesh” Specific objectives: To evaluate the financial performance of Mercantile Bank Limited 1. To conceptualized AIS at Private Banking Sectors. 2. To know about the system mainly Private Banking Sectors follow in the operation...
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...Chapter- 1 Introduction 1. Introduction to the Report: Bank is defined as a financial institution that collects deposits from various individual and organizations and provides loans to those who need it. But modern banks do not mean only the means of collecting and disbursing money to various entities. Rather it provides various services to deferent entities which facilitate their business operations. A foreign exchange operation of banks is one of those services that not only facilitates the business of businessmen but also contributes to the development of the economy as a whole. Foreign exchange is defined as the mechanisms by which the currency of one country is converted into the currency of another country. Foreign exchange is the means and methods by which rights to wealth in a country's currency are converted into rights to wealth in another country's currency. Foreign exchange department of banks plays significant roles through providing different services for the customers. 1.2 Scope of the Report: As internship is only at the Mercantile Bank Limited, Main Branch, the scope of the study is only limited to this branch. The report covers its overall foreign exchange function. The report covers import, export and remittance activities about MBL. Besides it covers topic such as evolution of banking business, evolution banking business in BD, world economic scenario and Bangladesh economy scenario, background of MBL has also been discussed. 1.3 Methodology...
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...Mercantile Bank Limited THURSDAY, AUGUST 11, 2011 I.1 Mercantile Bank Ltd at a glance Mercantile Bank Limited is one of the famous & oldest private banks in Bangladesh. It is a scheduled private commercial Bank established on May 20, 1999 under the Bank Company Act 1991 by Mr. Abdul Jalil (MP), & registered as a Public Limited Company under Companies Act, 1994. The Bank started commercial Banking operations for both organizations & individuals from June 02, 1999. From then within a short time MBL established itself in a strong position in the economy of the country having 35 branches all over the country. It has earned significant reputation in the country’s Banking sector as a Bank & created a wide image in the eye of the people by helping people in investing their money earn profits & serving different organizations to save their money is secured place along with investing in different other businesses for profit, organizational development, country’s economic growth & exchanging money & dealing international business in foreign currency. The dream of creating MBL, which is ‘A Bank of 21st Century’, & fulfilling its will to become “Banglar Bank” as its title says has become successful because of the initiative of some persons who are the sponsors of MBL. There are 30 sponsors in Mercantile Bank Limited and all of them are highly regarded for their entrepreneurial competence. Mercantile Bank Ltd. has consistently turned over good returns on Assets and Capital. Until...
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...internship on National Credit & Commerce Bank Limited –NCCBL Motijheel Branch on 19th September and ended on 19th December 2013. Throughout my internship period Fatima Satter, Lecturer of Eastern University was my academic supervisor and Md.Ayub Assistant Vice President &MD.Masum Manager Operation was my field supervisor. A study on a particular topic is a mandatory part of the internship program. I was authorized to make a study on the “performance evaluation on National Credit & Commerce Bank Limited”. In this whole study I tried to connect my own financial knowledge to the financial data of. I tried my level best to produce a quality study on “Performance evaluation on National Credit & Commerce Bank Limited”. 1.2 Problem Statement & Justification The financial performance evaluation on bank is unknown. The reason for the research was to do a pilot study and we wanted to identify bank’s financial data analysis or change in year by year. By this study Bank organization can make better decision to improve their growth and to compare the competitor they visualize their position. 1.3Limitations of the study It was a great opportunity for me to work in NCC Bank limited as an Intern and a make a study on the financial performance analysis of it but there were surely some limitations while making this study. They are- * Difficulty in accessing latest data of internal operations for data security. * Since the bank personnel are very busy with their activities...
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...Department of Mercantile Bank Limited” Conducted on behalf of MERCANTILE BANK LIMITED, Branch of Mirpur Prepared in partial accomplishment of the requirement for the award of the degree in Bachelor of Business Administration From Stamford University of Bangladesh Is a record of extensive examine carried out By Md.Rokon Uddin BBA-02405912(24th Batch) Under my supervision & guidance.No part of this report has been submitted for the award of any degree/diploma/fellowship or other similar designation or accolade. Mrs.Rima Parvin Certificate of Approval The Internship Report of Md.Rokon Uddin BBA-02405912(24th Batch) Stamford University of Bangladesh Titled “Operational Aspect of Foreign Exchange Department of Mercantile Bank Limited” Conducted on behalf of MERCANTILE BANK LIMITED,Branch of Mirpur Is approved and is suitable in eminence and figure. Mrs. Rima Parvin Letter of Submission , 2009 Mrs.Rima Parvin Lecturer Department of Business Administration Stamford University, Bangladesh. SUBMISSION OF INTERNSHIP REPORT Dear Madam With immense pleasure, I am submitting herewith my internship report on Operational Aspect of Foreign Exchange Department of Mercantile Bank Limited, which...
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...Introduction In order to know about a financial organization like a bank, a person should know all section of the financial organization in times. We intend to provide minimum background and procedural guidelines to examiners responsible for evaluating a bank’s activities. Definition of the Bank Bank is defined as a financial institution that collects deposits from various individual and organizations and provides loans to those who need it. But modern banks do not mean only the means of collecting and disbursing money to various entities. Rather it provides various services to various entities which facilitate their business operations. The functional definition of bank is that “it is a financial institution, which accepts money from its customers as deposit and gives money as loan to the borrowers.” According to a prominent economist R.S. Sayers, “A Bank is an institution whose debts are widely accepted in settlement of other peoples’ debts to each other. Another economist C. Cross defined, “A Bank is financial intermediary-a dealer in loans and debts.” Overview of Mercantile Bank Limited MBL in Bangladesh Banking system occupies an important place in a nation’s economy. Banking institution is indispensable in a modern society and it plays a vital role in the economic development of a country. Against the background of liberalization of economic policies in Bangladesh, Mercantile bank Limited emerged as a new commercial bank to provide efficient banking services with a view to improving...
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...INTRODUCTION BRAC Bank Limited, with institutional shareholdings by BRAC, International Finance Corporation (IFC) and Shore cap International, started its journey in 2001 and in just 12 years proved to country’s fastest growing bank. The Bank operates under a "double bottom line" agenda where profit and social responsibility goes hand in hand as it strives towards a poverty-free, enlightened Bangladesh. BRAC Bank Limited is a scheduled commercial bank in Bangladesh. It established under the Banking Companies Act, 1991 and its operation started on July 4, 2001 with a vision to be the market leader through to providing all sorts support to people in term of promoting corporate and small entrepreneurs and individuals all over the Bangladesh. Just as BRAC Bank has a corporate identity, they have a social identity too. As a Bank they are socially responsible. Fifty percent (50%) of BRAC Bank’s loan portfolio is diverted to Small and Medium enterprise Banking, and as a financial intermediary they channel funds from the surplus end to the needy. Country-wide network of SME Units centre to the end of small entrepreneurs to help them build their asset base. BRAC Bank is market leader in SME, striving for socio-economic upheaval in Bangladesh. The bottom line is, BRAC Bank do not support any finances that are detrimental to our environment. Some Important Features: * A portion of BRAC Banks revenue is channeled to support BRAC schools, where children...
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