Roles Played by Banks Regarding Letter of Credit.

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Daffodil International University

Topic: Roles played by banks regarding letter of credit.

Submitted To:Nigar Sultana
Lecturer
Department of commerce
Faculty of Business and Economics
Daffodil International University.

Submitted By: NAMEID

Md.Saiful Hasan062-18-911
Md. Imanur Rahman062-18-883
Saleha Akter Lima062-18-929
Abdullah Al Mamun062-18-900
Md. Faroque Haydar052-18-716

Date: 23 November 2008
Company Name: ENERGYPAC CONFIDENSE POWER VENTURE LIMITED. Company Profile:
• Overview:
Energypac Power Generation Ltd. was founded in the year 1995 and today it has established itself as a major supplier of standby and base load generators, low voltage electrical accessories, Busbar systems and luminaries and fixtures including energy saving lamps in a commitment to conserve energy.

• Companies:
Energypac Group comprises of the following companies:
• Energypac Engineering Ltd.
• Energypac Power Generation Ltd.
• Energypac Electronics Ltd.
• Energypac Agro Ltd.
• Tecadvantage Ltd.
• Energypac Seafoods Ltd.
• Energypac Fashions Ltd.
• Vission and Mission:
Our Vision is to become the country leader for Power Solutions and establish ourselves as the largest and most lucrative service provider in the global market.

• Management:
Energypac Power Gen Ltd. has acknowledged the responsibility to eradicate the deficit in country’s power generation system and to improve the quality of the lives of our employees and the communities we serve. The company aims to achieve this mission not only through best quality products but also through excellence in its service.

• Quality Commitment:Energypac Power Generation Ltd. is committed to provide products and services for the complete satisfaction of customers. We achieve this by adopting the following cultures. • Achievements and Award:

Since its inception in 1982 Energypac has, through its dedication and service, achieved distinction as the largest Power Engineering Company in Bangladesh. We have earned the respect and trust of globally renowned companies, and are dealers/ agents / representative of Rolls-Royce, FG Wilson, Perkins, Legrand and Guascor etc.

• Strategic Business Units:
Energypac Power Gen Ltd. has acknowledged the responsibility to eradicate the deficit in country’s power generation system and to improve the quality of the lives of our employees and the communities we serve. The company aims to achieve this mission not only through best quality products but also through excellence in its service.

• Strategic Business Partners:
Energypac has several strategic joint ventures/associates with blue chip companies across the globe.

• Major Branch Offices:
Energypac has offices throughout Bangladesh. Please contact the branch nearest to you for more details.

• Marketing Channels and Networks:
Energypac Power Gen Ltd. has acknowledged the responsibility to eradicate the deficit in country’s power generation system and to improve the quality of the lives of our employees and the communities we serve. The company aims to achieve this mission not only through best quality products but also through excellence in its service.

1.1 Objectives of the Study:
The Author of the report was assigned to work in Foreign Exchange Branch of Prime Bank Limited. This paved the way for the author to get familiarized with the Banking activities for the first time indeed. An opportunity to gather experience by working in the different Departments of the Branch was given to the author. The area of concentration of this report was confined to investing different aspects of the Banking sector as well as problems and prospects.

1.2 Specific objectives:
➢ Finding out the Letter of credit practice by Prime Bank Limited. ➢ To trace...
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