Nafis Ahmed ID: 0720129
An Internship Report Presented in Partial Fulfillment of the Requirements for the Degree Bachelor of Business Administration (BBA)
INDEPENDENT UNIVERSITY, BANGLADESH December 5th 2010
A WORKING REPORT ON STANDARD CHARTERED BANK
Nafis Ahmed ID: 0720129
Has Been Approved November 2010
_____________________ Mr. Chowdhury Rajkin Mohsin Lecturer, Finance School of Business Independent University, Bangladesh.
LETTER OF TRANSMITTAL
December 5, 2010
To Mr. Chowdhury Rajkin Mohsin Lecturer of Finance, Independent University, Bangladesh
Submission of Internship Working Report.
Dear Sir, Here is my internship working report on “Standard Chartered Bank (SCB).” I am submitting this report as the part of my internship (BBA-499A) in Standard Chartered Bank (SCB). While preparing this report, I tried my level best to follow your instructions and the instructions that have given to me by my organization supervisor.
The entire report is based on my practical experience in the Bank’s Head Office, SCB house Gulshan-1. I have tried my level best to provide what I have learned during the internship program at Standard Chartered Bank, SCB house, Dhaka.
I shall be highly encouraged if you are kind enough to receive this report. If you have any further enquiry concerning any additional information I would be very pleased to clarify that.
Sincerely yours, _____________ Nafis Ahmed ID#0720129
At the very beginning, I would like to express my gratitude to Almighty Allah for whose kindness I am enough sound mentally and physically to prepare this report. Then I must express my deep gratitude to my University supervisor Mr. Chowdhury Rajkin Mohsin, Lecturer of Finance, Independent University, Bangladesh, for his guidance and instructions in conducting the internship program successfully.
I would also like to thank my host organization supervisor Mr. Maruf Ahmed, Associate Director, Transaction Banking, Standard Chartered Bank (SCB) for providing me an opportunity to work in the Bank as an intern. I also like to extend my gratitude to Mr. Farhan Adel, Associate Director, Transaction Banking and Mr. Muraad Pasha who helped me to learn many new things during my internship program.
During the preparation of the project work I have came to the very supportive touch of different individuals (respondents & seniors from SCB) and friends, who lend their ideas, time and caring guidance to amplify the report’s contents. To be true to myself I must say that without their help it would be very hard for me to prepare such report. I am thankful to them with all of my feelings.
Table of Contents
Chapter 1: Company Information 1.0 Background of the Company 1.1 Key Resources of SCB 1.2 Strategy of SCB 1.3 Corporate Profile in Bangladesh 1.4 Key Success Factor of Standard Chartered Bank in Bangladesh 1.5 Product / Services Chapter 2: Organizational Part 2.0 Organ gram of SCB 2.1 Organization Structure at Bangladesh 2.2 Wholesale Banking 2.3 Consumer Banking 2.4 Operational Structure of Transaction Banking Chapter 3: Financial Analysis 3.0 Operating Profit of SCB 3.1 Operating revenue of SCB 3.2 Deposits of SCB 3.3 Loan and Advances of SCB 3.4 Comparison between SCB and other FCBs in terms of Deposits 3.5 Comparison between SCB and top four PCBs in terms of EBT Chapter-4: My Work Experiences at SCB Chapter 5: Problem Identified 5.1 Recommendation Chapter 6: Conclusion References 1 1 2 2 3 3 4 6 6 7 7 8 8 11 11 11 12 12 13 13 14 16 17 19 20
List of Figures
Fig 1: Strategy of SCB Fig 2: Chain of command of SCB Fig 3: SCB functional areas of Bangladesh Fig 4: Transaction Banking of SCB Fig 5: Operating Profit of SCB Fig 6: Operating revenue of SCB Fig 7: Deposits of SCB Fig 8: Loan and Advances of SCB 2 6 7 8 11 11 12 12
CHAPTER-1: COMPANY INFORMATION
1.0 Background of the Company The...