Internship Report on Jamuna Bank Limited
Jamuna Bank Limited is bank of new generation. It is committed to provide high quality financial services/products to contribute to the growth of GDP of the country through stimulating trade and commerce, accelerating the pace of industrialization,boosting up export,creating employment opportunity for the educated youth, poverty alleviation, raising standard of living of limited income group and overall sustainable socio-economic development of the country. Jamuna Bank Limited is a highly capitalized bank with an Authorized Capital and Paid-up Capital of Tk.1600.00 million and Tk.390.00 million respectively. The Paid-up Capital has been raised to 429.00 million and the total equity of the bank stands at 725.00 million as on June 30, 2005. Currently the Bank has 35 (Thirty Five) branches 14 in Dhaka, 6 in Chittagong, 2 in Gazipur, 3 in Sylhet, 1 in Bogra, 2 in Naogaon, 1 in Munshigang, 1 in Shirajganj, 1 in Rajshahi and 1 in Narayanganj (including Nine Rural Branches). Jamuna Bank Ltd. offers a complete range of advisory, financing and operational services to its corporate client groups combining trade, treasury, investment and transactional banking activities in one package. Whether it is project finance, term loan, import or export deal, a working capital requirement or a forward cover for a foreign currency transaction, our Corporate Banking Managers will offer you the accurate solution. Our corporate Banking specialists will render high class service for speedy approvals and efficient processing to satisfy customer needs. For a banking operation credit risk management is one of the most important factor as well as general banking & foreign exchange department. Jamuna Bank Ltd. offers credit to almost all sectors of commercial activities having productive purpose. The main focus of Jamuna Bank Ltd. Credit Line/Program is financing business, trade and industrial activities through an effective delivery system. Credit is also offered to major thrust sectors, as earmarked by the govt., at a reduced interest rate to develop frontier industries. Credit facilities are offered to individuals including housewives, businessmen, small and big business houses, traders, manufactures, corporate bodies, etc. It is extended as per guidelines of Bangladesh Bank (Central Bank of Bangladesh) and operational procedures of the Bank. The Bank is being managed and operated by a group of highly educated and professional team with diversified experience in finance and banking. The Management of the bank constantly focuses on understanding and anticipating customers needs. The scenario of banking business is changing day by day, so the bank’s responsibility is to device strategy and new products to cope with the changing environment. Jamuna Bank Ltd. has already achieved tremendous progress within only two years. The bank has already ranked as one of the quality service providers & is known for its reputation. Introduction
1.1 Origin of the Report
This internship report on Jamuna Bank Limited (Dilkusha Branch) is prepared to fulfill the partial requirement of the internship program as full credit subject of the BBA program of The University. In Bangladesh today financial sector is one of the most established areas in the macro economic sector. Economy and finance is carrier of the country. So for the aspects of economic development, banking sector must be reform. In the process of forming a good economic system, private banks are paling an important role compare to the government banks in the country. For this reason I prepared my internship report on Jamuna Bank Limited. 1.2 Objective of the Report.
The primary objective of the report is:
To identify the general Banking activities of Jamuna Bank Ltd. To get an overall idea about the management policy of JBL.
The secondary objectives of the report are as follows:
Try to find some problems regarding general Banking and...
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