Credit Risk Management of Basic Bank
Chapter 1
Introduction
1.1. Origin of the report
As a part of the Internship Program of Bachelors of Business Administration course requirement, I was assigned to do my internship at Bangladesh Small Industries and Commerce Bank Limited popularly known as BASIC Bank Limited for the period of three months starting from December 20, 2006 to March 20, 2007 as an intern by the Internship Placement Committee of Department of Accounting & Information Systems, University of Dhaka. Here at BASIC Bank, I was assigned to work at Loans and advances Division of BASIC Bank, Moulvibazar Branch, Dhaka, Mr.Khan Iqbal Hasan, Assistant General Manager and In-charge, was my supervisor. The title of the report is “Credit Operations and Risk management Practices of BASIC Bank Limited” which was assigned by my supervisor of the said bank. My faculty advisor Md. Dewan Mahboob Hossain, Assistant Professor, Department of Accounting & Information Systems, University of Dhaka, also approved the project and authorized me to prepare this report.
1.2. Objectives:
The objectives of the study are as under:
Part A: Organization Part ▪ Exploring various features of BASIC Bank Limited ▪ Analyzing the performance of BASIC Bank Limited
Part B: Project Part ▪ To find out Policy considerations related to Small Scale Project and Micro-credit Operations in BASIC Bank. ▪ Basic Principles of Loans and Advances ▪ Different Type of Credit Facilities of BASIC Bank ▪ Credit appraisal system of BASIC Bank ▪ Finding out the credit Performance and credit risk management system practiced by BASIC. ▪ To analyze the recovery policy and repayment behavior of the scheme.
1.3 Sources of Information:
Information collected to furnish this report is both from primary and secondary sources. This report is mainly based upon secondary sources.
The primary sources are: ▪ Practical desk work ▪ Face to face conversation with the officers ▪ Face to face conversation with the
Introduction
1.1. Origin of the report
As a part of the Internship Program of Bachelors of Business Administration course requirement, I was assigned to do my internship at Bangladesh Small Industries and Commerce Bank Limited popularly known as BASIC Bank Limited for the period of three months starting from December 20, 2006 to March 20, 2007 as an intern by the Internship Placement Committee of Department of Accounting & Information Systems, University of Dhaka. Here at BASIC Bank, I was assigned to work at Loans and advances Division of BASIC Bank, Moulvibazar Branch, Dhaka, Mr.Khan Iqbal Hasan, Assistant General Manager and In-charge, was my supervisor. The title of the report is “Credit Operations and Risk management Practices of BASIC Bank Limited” which was assigned by my supervisor of the said bank. My faculty advisor Md. Dewan Mahboob Hossain, Assistant Professor, Department of Accounting & Information Systems, University of Dhaka, also approved the project and authorized me to prepare this report.
1.2. Objectives:
The objectives of the study are as under:
Part A: Organization Part ▪ Exploring various features of BASIC Bank Limited ▪ Analyzing the performance of BASIC Bank Limited
Part B: Project Part ▪ To find out Policy considerations related to Small Scale Project and Micro-credit Operations in BASIC Bank. ▪ Basic Principles of Loans and Advances ▪ Different Type of Credit Facilities of BASIC Bank ▪ Credit appraisal system of BASIC Bank ▪ Finding out the credit Performance and credit risk management system practiced by BASIC. ▪ To analyze the recovery policy and repayment behavior of the scheme.
1.3 Sources of Information:
Information collected to furnish this report is both from primary and secondary sources. This report is mainly based upon secondary sources.
The primary sources are: ▪ Practical desk work ▪ Face to face conversation with the officers ▪ Face to face conversation with the