1. Introduction The very first credit transaction in history certainly took place hundreds of years ago‚ before the existence of bank‚ credit bureaus‚ or credit departments. As the time passed‚ financial institutions developed to put funds from savers into the hands of borrowers who used this value to create economic value. Credit contributed to economic growth of countries throughout the world as it makes goods and services available to consumers‚ businesspersons‚ and governments. Although
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Foreign Exchange Operation of Standard Bank Ltd. – A study on Mirpur Branch. Date of Submission: [pic] Internship Report on Foreign Exchange Operation of Standard Bank Ltd. at Mirpur Branch. SUBMITED BY Rushdina Afreen ID- BBA070202242 Major in Finance BBA Program Northern University Bangladesh
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of foreign exchange is getting increasingly complex and intensely competitive. However‚ in the backdrop of phenomenal growth of Bangladesh’s external sector‚ foreign exchange business provides a challenge as well as an excellent opportunity to accelerate the growth of bank’s own business This research paper is done on the foreign exchange department of Prime Bank ltd. It tries to capture nearly the entire range of activities typically performed in the foreign exchange department of the bank and
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Training & Development of Jamuna Bank Limited Prepared for Dr. Zahed Husain Sikder Professor Department of Business Administration American International University-Bangladesh Prepared by 1.Atonu chakrobartty………….. 10-93783-2 2.Md. Hasanuzzaman………….. 3.Md.Rashed Kaiser riad………. 4.Ashis mojumder……………… 5.Limen das…………………….. Acknowledgement Successful completion of any course requires support from various persons. We are grateful to them for giving me valuable advises and suggestions
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FOREIGN EXCHANGE DEPARTMENT 2 Introduction One of the largest businesses carried out by the commercial bank is foreign trading. The trade among various countries falls for close link between the parties dealing in trade. The situation calls for expertise in the field of foreign operations. The bank‚ which provides such operation‚ is referred to as rending international banking operation. Mainly transactions with overseas countries in respect of import‚ export and foreign remittance come
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1.2) Background of the study: It is a customer satisfaction survey of Jamuna Bank Limited in Dilkusha Branch. There is no previous report on customer satisfaction‚ that’s why decided to research on customer satisfaction. Customer satisfaction is the individual’s perception of the performance of the products or service in relation to his or her expectation (Leaon G. Schiffman) Basically Banking is service oriented business. In service oriented business customer satisfaction depend on good service
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Foreign trade financing is an integral part of banking business. Documentary Credit (also called letters of credit or “L/Cs”) is the key player in the foreign exchange business. With the globalization of economies international trade has become quite competitive. Timely payment for exports and quicker delivery of goods is‚ therefore‚ a pre-requisite for successful international trade operations. Growing complexity of international trade‚ separation of commercial parties across the globe and operating
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FOREIGN EXCHANGE MARKET Foreign Exchange – Any currency‚ other than the local currency‚ which is used in settling international transactions. Foreign Exchange Rate - the price for which one currency is exchanged for another Foreign Exchange Market - are the institutions or systems involved with changing one currency into another. * Exchange rates are determined on the basis of supply and demand in the foreign exchange market * Foreign currency dealers provide two quotes: Bid Price:
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Foreign Exchange risk management has always been an area look up by people from varied fields‚ weather literary or profession related matter. For the purpose of this paper I gone through few literary works to understand the whole concept and formulate my paper‚ a distinct one. Collier and Davis (1985) in their study about the organization and practice of currency risk management by U.K. multi-national companies. The findings revealed that there is a degree of centralized control of group currency
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FOREIGN EXCHANGE PERFORMANCE AND BANK’S PROFITABILITY: AN EVALUATION OF NATIONAL BANK LIMITED‚ NORTH BROOKHALL ROAD BRANCH BY SHUBHA PRASHED CHAKRABORTY ROLL NO: 105248 DEPARTMENT OF FINANCE JAGANNATH UNIVERSITY HAS BEEN APPROVED IN MAY 2014 BY MD. OMAR FARQUE ASSISTANT PROFESSOR DEPARTMENT OF FINANCE JAGANNATH UNIVERSITY‚ BANGLADESH Declaration: I hereby declare that‚ this report contains no material which has been accepted
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