on March 11, 2013 in Business, Management, Marketing, Organizational Behavior 1.1 Introduction of the Study
The primary purpose of this report is to get an idea about the operations of Janata Bank Limited, a second-generation bank of the country and make an industry analysis on the banking sector of Bangladesh. Banks are profit – earning concern. The ‘word “Bank” refers to the financial institution deals with money transaction. Banks collect deposits at the lowest possible cost and provide loans and advances at higher cost. The difference between two is the profit for the bank. Commercial banks are the primary contributors to the country. The revenue earning sources of banks are mainly loans and advances. The credit facility can be of two types: funded and non-funded. Funded credit can be expensive for the banks, as the bank has to pay interests. Non-funded credit includes Letter of Credit, which is the main source of income for the foreign exchange business. If a bank can increase its import and export transactions, its profit will obviously reach a higher level, as the costs are negligible. This report is an attempt to reflect the position of Janata Bank Limited in the banking industry procedures, policies and activities with emphasis on foreign exchange business. 1.2 Background of the Study |
After completion of 130 credit hours of BBA program demands a report on practical experience. Internship program is a must criterion for Bachelor of Business Administration (BBA) students, designed to put them in a challenging environment of the relevant field, where the students get sample opportunity to apply their theoretical knowledge into practical applications. During the internship training, students have the opportunity to adopt themselves into the particular environment of the organization. It provides a unique opportunity to see the reality of business during student life, which enables them to building confidence and working knowledge in advance of the start of their career. To fulfill this requirement every university of business arrange a program of internship. Here we get a chance to apply our theoretical knowledge that we acquired from class lectures, books, journals, case studies, seminar, project, workshop, etc and compare them with practical setting. 1.3 Rational of the Report|
Bank is a financial institution, which accepts money from its customers as deposit and gives money as loan to the borrowers. A bank is financial intermediary a dealer in loans and debts. ; After completing my Bachelor of Business Administration (BBA) as a student of “Stamford University”, I wanted to complete my Internship program from a reputed Bank which would be helpful for my future professional career. I got the opportunity to perform my internship in the Janata Bank Limited. I was sent to Mohammadpur Corporate Branch. It was three months practical orientation program. This report is originated as the requirement of Janata Bank Limited This is the last part of BBA program. As a graduated, it is essential to fulfill all, the requirements the program demand. Only after preparing & submitting the report this program becomes completed. Internship is highly needed to gain practical idea, knowledge and experience. I have selected Foreign Exchange department of Janata Bank Limited because here all international transaction occur through Import and Export. And anyone can easily trade with other foreign countries through L/C. The report entitled “Performance & Activities of Foreign Exchange of Janata Bank Limited” has been prepared as a partial fulfillment of BBA program authorized by the supervisor, Faculty of Business administration, Stamford University. In today’s world only academic education does not make a student perfect to become competitive with the outside world. I had to prepare a report under the supervision of Arif Ahmed...