Internship Report 1
Executive Summary
Banking system of Bangladesh has gone through three phases of development- Nationalization, privatization & lastly Financial Sector Reform. Have tried to make acquainted myself with activities of the branch in this report.
Dhaka Bank Limited is a leading, 2nd generation Bank in Bangladesh. It started its operation as scheduled Bank with effect from July 5, 1995 with their first branch at Adamjee Court, 115-120, Motijheel C/A, Dhaka. During that time it also opened another branch at North South Road, Bangshal. Finally it started its operation from December 6, 1995. With a firm commitment to achieve an excellence in service, DBL has always tried for creating wide array of banking solution & offer supervision value proposition.
The year 2004 was characterized by global uncertainty arising from both political & economic turbulence in different parts of the world. Their operating profit was Tk. 852 million, 35% higher than that of the year 2003. Banks deposit shot up by 34% to Tk. 22,575 million excluding call deposits & loans & advances rose by 28% & stood at Tk. 16,539 million as on December 31, 2004. By the end of 2004, most of the branches & Head Office had been migrated to the sophisticated system of Flex cube from the old transactional technology offering online & anywhere banking. They introduce Credit card, ATM, Car loan, Scheme, Vacation loan etc. & currently exploring their diversified products like Inward foreign currency, Home loan, Deposit pension scheme etc. DBL Have launched two Islamic Shariah based branches at Dhaka & Chittagong.
Main focus of this report is performance of Islamic Banking Branch of Dhaka Bank Limited. Within two years performance of their branches are too good that is beyond expectation. DBL, IBB is now working smoothly on Islamic Banking system & facing practical different type of problems. So the Bank can get practical knowledge about the Islamic Banking system. It is easy to say but the work was not at all an
Banking system of Bangladesh has gone through three phases of development- Nationalization, privatization & lastly Financial Sector Reform. Have tried to make acquainted myself with activities of the branch in this report.
Dhaka Bank Limited is a leading, 2nd generation Bank in Bangladesh. It started its operation as scheduled Bank with effect from July 5, 1995 with their first branch at Adamjee Court, 115-120, Motijheel C/A, Dhaka. During that time it also opened another branch at North South Road, Bangshal. Finally it started its operation from December 6, 1995. With a firm commitment to achieve an excellence in service, DBL has always tried for creating wide array of banking solution & offer supervision value proposition.
The year 2004 was characterized by global uncertainty arising from both political & economic turbulence in different parts of the world. Their operating profit was Tk. 852 million, 35% higher than that of the year 2003. Banks deposit shot up by 34% to Tk. 22,575 million excluding call deposits & loans & advances rose by 28% & stood at Tk. 16,539 million as on December 31, 2004. By the end of 2004, most of the branches & Head Office had been migrated to the sophisticated system of Flex cube from the old transactional technology offering online & anywhere banking. They introduce Credit card, ATM, Car loan, Scheme, Vacation loan etc. & currently exploring their diversified products like Inward foreign currency, Home loan, Deposit pension scheme etc. DBL Have launched two Islamic Shariah based branches at Dhaka & Chittagong.
Main focus of this report is performance of Islamic Banking Branch of Dhaka Bank Limited. Within two years performance of their branches are too good that is beyond expectation. DBL, IBB is now working smoothly on Islamic Banking system & facing practical different type of problems. So the Bank can get practical knowledge about the Islamic Banking system. It is easy to say but the work was not at all an