report on markentile bank
Contents
1. Introduction
Mercantile Bank Ltd. is committed to provide high quality services to its constituents through different financial products and profitable utilization of fund and contribute to the growth of GDP of the country by financing trade and commerce, helping industrialization, boosting export, creating employment opportunities for the educated youth and encouraging micro-credit leading to poverty alleviation and improving the quality of life of the people and thereby contributing to the overall socio-economic development of the country.
2. History
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced its operation on June 2, 1999. The Bank provides a broad range of financial services to its customers and corporate clients. The Board of Directors consists of eminent personalities from the realm of commerce and industries of the country.
3. Objective of the Study
GENERAL OBJECTIVE
The general objective of the study is to draw a comparative picture of Mercantile Bank Limited.
SPECIFIC OBJECTIVES
The specific focuses of the study are:
•To communicate the changes
•To inform about the progress
•To analyze the inputs against the outputs
•To share the lesson learns
•To inform others what you did against what you planned
•Analyze the recommendations
•Risk reduction preparation
•To plan accordingly for up-coming period
4. Methodology
Primary Sources
Major sources of Primary information have been collected through discussing with my classmates, an officer of Mercantile Bank etc.
Secondary Source
Sources of secondary information are as follows:
Internal Sources:
Bank’s Annual Report
Group Business Principal
External Sources:
Internet
Newspaper
4.0 Organization Overview
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services with a view to
1. Introduction
Mercantile Bank Ltd. is committed to provide high quality services to its constituents through different financial products and profitable utilization of fund and contribute to the growth of GDP of the country by financing trade and commerce, helping industrialization, boosting export, creating employment opportunities for the educated youth and encouraging micro-credit leading to poverty alleviation and improving the quality of life of the people and thereby contributing to the overall socio-economic development of the country.
2. History
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced its operation on June 2, 1999. The Bank provides a broad range of financial services to its customers and corporate clients. The Board of Directors consists of eminent personalities from the realm of commerce and industries of the country.
3. Objective of the Study
GENERAL OBJECTIVE
The general objective of the study is to draw a comparative picture of Mercantile Bank Limited.
SPECIFIC OBJECTIVES
The specific focuses of the study are:
•To communicate the changes
•To inform about the progress
•To analyze the inputs against the outputs
•To share the lesson learns
•To inform others what you did against what you planned
•Analyze the recommendations
•Risk reduction preparation
•To plan accordingly for up-coming period
4. Methodology
Primary Sources
Major sources of Primary information have been collected through discussing with my classmates, an officer of Mercantile Bank etc.
Secondary Source
Sources of secondary information are as follows:
Internal Sources:
Bank’s Annual Report
Group Business Principal
External Sources:
Internet
Newspaper
4.0 Organization Overview
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services with a view to
Bibliography: Annual Report of Mercantile Bank Limited. Interview with the International Division officer of Mercantile Bank Limited, Main Branch. Brochures and publications of MBL products Brochures of different Bank Managerial Finance(Besly & Brigham) Website of Mercantile Bank Limited- www.mblbd.com