Preview

Forex Activities at National Bank Ltd, Bangladesh

Powerful Essays
Open Document
Open Document
9575 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Forex Activities at National Bank Ltd, Bangladesh
Chapter - 1

Organizational Overview

1.1: Rational
Banking sector is expanding its hand in different events every day. At the same time the banking process is becoming faster, easier, and the banking area becoming wider. As the demand for better service increases day by day, they are coming with different innovative ideas and products. In order to survive in the competitive field of the banking sector, all banking organization are looking for better service opportunity to provide their fellow clients. As a result, it has become essential for every person to have some idea on the bank and banking procedure. Apart from that, managing and developing the right kind of workforce is very important in a financial organization like bank. A poorly functioning bank can mean disaster to a countries society, business environment and economy. A crucial part of that is selecting the right kind of people to work and also train and develop them so that the bank can function well in the long run.

1.2: Background of National Bank Limited (NBL)
National Bank Limited has its prosperous past, glorious present, prospective future and under processing projects and activities. Established as the first private sector bank fully owned by Bangladeshi entrepreneurs, NBL has been flourishing as the largest private sector Bank with the passage of time after facing many stress and strain. The members of the board of directors are creative businessmen and leading industrialists of the country. To keep pace with time and in harmony with national and international economic activities and for rendering all modern services, NBL, as a financial institution, automated all its branches with computer networks in accordance with the competitive commercial demand of time. Moreover, considering its forthcoming future, the infrastructure of the Bank has been rearranging. The expectation of all class businessmen, entrepreneurs and general public is much more to NBL. Keeping the target in mind,



Bibliography: 19. Jeff Madura, Book: International Financial Management (9th edition); Publisher: South-Western (2009-2010).

You May Also Find These Documents Helpful

  • Powerful Essays

    Commercial banks are physical structures supported by human resources that enable the delivery of service. The most important thing in the delivery of quality service is the individual motivation of all employees. With the growth of the service industry the commercial banks now competes for quality service employees. Research finds that it is a…

    • 1955 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Punjab National Bank

    • 18172 Words
    • 73 Pages

    For the present study Punjab National Bank (PNB) has been selected. The reason for selecting PNB is that it is the leading Nationalised Bank in India after SBI. It became the first Nationalised Bank to book Rs. 1000 crore as net profit in single quarter of Oct-Dec 2008. The bank achieved 100% Core Banking Solution (CBS) even by the year 2008.…

    • 18172 Words
    • 73 Pages
    Powerful Essays
  • Powerful Essays

    BASEL II and BASEL III Implementation by BANK ASIA LIMITED following the statutory requirements of BANGLADESH BANK1…

    • 11143 Words
    • 45 Pages
    Powerful Essays
  • Good Essays

    The establishment of Islamic Bank Bangladesh Limited on March 13, 1983, is the true reflection of this inner urge of its people, which started functioning with effect from March 30, 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system. With the active co-operation and participation of Islamic Development Bank (IDB) and some other Islamic banks, financial institutions, government bodies and eminent personalities of the Middle East and the Gulf countries, Islamic Bank Bangladesh Limited has by now earned the unique position of a leading private commercial bank in Bangladesh.…

    • 1439 Words
    • 6 Pages
    Good Essays
  • Good Essays

    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 are respects of import; export and foreign remittance come under the preview of foreign exchange transactions. International trade demands a flow of goods from seller to buyer and of payment from buyer to seller. In this case the bank plays a vital role to bridge between the buyer and seller.…

    • 5399 Words
    • 22 Pages
    Good Essays
  • Satisfactory Essays

    Bangladesh is a developing country with a huge population. From the beginning of Bangladesh as an independent country it has been a desiring place for doing business for business organizations operating globally. This circumstance is existed in banking and other financial service sectors. There are some factors that benefitting the foreign banks operating in Bangladesh.…

    • 657 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    The given report is a part- fulfillment of the training done at Kotak Mahindra Bank,Agra as a management trainee. The study is basically confined to the banking industry. The aim of the study is to understand the products and services of Kotak Mahindra bank designed for the productive customers in retail banking, compared to the other public sector bank like Punjab National Bank (PNB). This study will help us apply our classroom learning to understand how things work practically in the real world.…

    • 16292 Words
    • 66 Pages
    Powerful Essays
  • Powerful Essays

    The above figure illustrates the catastrophic effect of NPLs in a bank-centered financial system. Having such a system, Bangladesh needs to study the condition of NPLs on a routine basis in order to augment investible capital in the productive sectors as well as to ensure sustainable economic growth.…

    • 1351 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    TRAINING INITIATIVES AT PUNJAB NATIONAL BANK Submitted To: Dr. Debashish Sen Gupta Area Chairperson Human Resource Alliance Business School Submitted By: Aakanksha Agnihotri Registration No: 08PG143 Punjab National Bank Profile Since its humble beginning in 1895 with the distinction of being the first Indian bank to have been started with Indian capital, PNB has achieved significant growth in business which at the end of March 2009 amounted to Rs 3,64,463 crore. Today, with assets of more than Rs 2,46,900 crore, PNB is ranked as the 3rd largest bank in the country (after SBI and ICICI Bank) and has the 2nd largest network of branches (4668 including 238 extension counters and 3 overseas offices). With over 38 million satisfied customers and 4668 offices, PNB has continued to retain its leadership position among the nationalized banks. Training is a key to enhancement of productivity and therefore, a critical component of an organization’s strategy, HR practices and business development process. Its importance has increased due to fast changes in technology, work processes, gaps in formal education vis-à-vis actual job requirements. It is thus integral to organizational life and quest for efficiency and competitiveness. Training Objectives a) To contribute towards enrichment of knowledge, skill development and positive attitudinal orientation at all levels keeping in line with corporate requirements and business plans relating to overall vision of the bank. b) To develop specialized cadres in various areas like Credit, Foreign Exchange, IT, Treasury, Risk Management etc. c) To prepare the employees for future by ensuring training and development inputs which are futuristic. Training areas The training system in the bank shall address the task of skill up-gradation of employees in the following areas:  Functional Skills -, Credit appraisal & NPA Management, Asset Liability Management, Credit Risk Management, Risk Based Internal Audit, Foreign Exchange, Treasury…

    • 1254 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Nbp Financial Analysis

    • 10564 Words
    • 43 Pages

    National Bank of Pakistan (NBP) is one of the largest commercial bank operating in Pakistan. It has redefined its role and has moved from a public sector organization into a modern commercial bank. While it continues to act as trustee of public funds and as the agent to the State Bank of Pakistan (in places where SBP does not have a presence) it has diversified its business portfolio and is today a major lead player in the debt equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services and is showing growing interest in promoting and developing the country 's small and medium enterprises and at the same time fulfilling its social responsibilities, NBP headquarters in Karachi, Pakistan with over 1,280 branches country wide (in December 2012). The bank provides both commercial and public sector banking services. It has assets worth USD 12.293 billion in 2007.[1]…

    • 10564 Words
    • 43 Pages
    Powerful Essays
  • Powerful Essays

    International trade is not an issue between the seller and buyer but also two or more country involves. The buyer and seller are not known each other’s so their needs several documents. These are;…

    • 5740 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Js Bank Report

    • 16442 Words
    • 66 Pages

    Banking sector owes a pivotal importance in the economy of any country through its vibrant functions. This is the deep seated motivator that geared up me to join any bank for internship. Moreover, the practice and familiarity learned during this tenure would also attest very helpful and alleviating in the awaiting proficient life.…

    • 16442 Words
    • 66 Pages
    Satisfactory Essays
  • Good Essays

    Bank as the financial services business is prospect full historical sequence. Banks are straight agents to make opportunities for expansion in a country and also make available huge scale of employment opportunities. Banks must compensation publics’ currency when they require, also it makes or not. So, the compensation package of a bank should be analyzed carefully. Shahjalal Islami Bank Limited has its victorious the past, wonderful present, potential prospect and under giving out projects and behavior. Established as the first private sector bank completely owned by Bangladeshi entrepreneurs, Shahjalal Islami Bank Limited has been prosperous as the biggest private sector Bank with the way of time after opposite many pressure and damage. The members of the board of directors are innovative entrepreneur and foremost industrialist of the country. To stay overcome with time and in agreement with national and international financial behavior and for representation all current services. Shahjalal Islami Bank Limited as a financial organization, computerized all its branches with computer networks in agreement with the aggressive commercial insist of time. Moreover, bearing in mind its forth-coming future, the communications of the Bank has been rearranged. The belief of all category businessmen, entrepreneurs and general community is a great deal additional to Shahjalal Islami Bank Limited. Keeping the target in mind, Shahjalal Islami Bank Limited has taken arrangements to open 15 new branches and 5 SME centers by the year 2010. In this report, I have tried my best to identify “Determine the Level of Satisfaction of Customers at Shahjalal Islami Bank Limited, Mohakhali Branch”. And lastly, find out the proper solution and for the customer’s dissatisfaction regarding the service has been…

    • 278 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    training in banks

    • 2949 Words
    • 12 Pages

    It is our immense pleasure to present the report on “ TRAINING NEEDS IDENTIFICATION AND TRAINING EVALUATION IN BANKS ”…

    • 2949 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Report on Brac Bank

    • 7416 Words
    • 30 Pages

    The commercial banking system dominates Bangladesh's financial sector. Bangladesh Bank is the Central Bank of Bangladesh and the chief regulatory authority in the sector. The banking system is composed of four state-owned commercial banks, five specialized development banks, thirty private commercial Banks and nine foreign commercial banks. The Nobel-prize winning Grameen Bank is a specialized micro-finance institution, which revolutionized the concept of micro-credit and contributed greatly towards poverty reduction and the empowerment of women in Bangladesh. Pursuant to Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country, and named it Bangladesh with retrospective effect from 16 December 1971. The banking system of Bangladesh is dominated by the 4 Nationalized Commercial Banks in which 3 is totally controlled by government and 1 (Rupali Bank) bank is controlled by both government and private sector. The nationalized commercial banks are:…

    • 7416 Words
    • 30 Pages
    Powerful Essays