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Home » Business » Finance » Report on Foreign Remittance Activities and Financial Performance of The City Bank Limited
Report on Foreign Remittance Activities and Financial Performance of The City Bank Limited
Introduction:
In today’s world, a bank performs several general banking activities in line with its different internal departments. All the departments which are providing Foreign Remittance services are very much important while dealing with customers. Bank earns its operating profit through functional activities of Foreign Remittance. That is why; Foreign Remittance activities mean a lot for a bank. If a bank can figure out its outstanding performance in foreign remittance banking through satisfying its customer then it is possible for that particular bank to gain competitive advantage from the market.
The City Bank Limited performs several general banking activities through its existing branches throughout the country. In most of the branches there are deposit section, loan and advances section, accounts section, foreign exchange section cash section and foreign remittance section. CBL performs its different types of day to day general banking activities with the help of these sections. I tried my best to learn several activities while doing my internship in The City Bank Limited by working in Foreign Remittance banking.
This study is done to evaluate the foreign remittance activities of CBL. Findings of this study may benefit the organization itself to take strategic decision on its future plan to enhance the foreign remittance performance of the bank. This study contains a lot of learning materials that I have gained through my internship, thus I think that the result and recommendation of this