1. Background of the report After completing two semesters at University of Dhaka‚ under the Master of Business Administration Curriculum‚ Mohammad Maruf Islam‚ author of this report was placed in Export Import Bank of Bangladesh Limited‚ Shimrail Branch‚ Shiddirgonj‚ Narayangonj by the Human Resources Division of EXIM Bank Ltd. as part of the internship program requirement. This report is prepared for the internship program consisting of a major in depth study of the “General Banking Activities
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stop operation in the depositors account. The bank must immediately inform the customer about the receipt of the order. Order Absolute – On receipt of order absolute‚ the bank should pay the amount to the court. The production of pass book or deposit receipt is not necessary for making such payment. Amount to be attached: Garnishee order usually does not mention the amount. In case no amount is mentioned‚ the entire balance should be attached. If it is issued for specific amount‚ only that
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1.1 Background of the Study Now a day‚ education is not just limited to books and classrooms. In today’s world‚ education is the tool to understand the real world and apply knowledge for the betterment of the society as well as business. From education the theoretical knowledge is obtained from courses of study‚ which is only the half way of the subject matter. Practical knowledge has no alternative. The perfect coordination between theory and practice is of paramount importance in the context of
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operational on 1/4/2009.on 31/3/2010 it has total deposits of rs 1000 crores. Equity capital of rs. 100 crores divided in 10 crore shares of rs. 10 each. Given this basic data let us try working out basic parameters of banks business ‚ with certain assumptions‚ to keep things simple. Cost of funds----- Analysis of Deposit mix-4o% casa deposits. Of which 25%savings deposits. Int rate 3.50%p.a. 15%current deposits. No int. 60%time deposits of avg. maturity of 2 years. Int rate 8% p
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the proceeds of fraud schemes (e.g.‚ phishing and identity theft) by criminals who gain illegal access to deposit accounts by recruiting third parties to act as “money mules.” In some cases these third parties may be innocent while in others they may be having complicity with the criminals. In a money mule transaction‚ an individual with a bank account is recruited to receive cheque deposits or wire transfers and then transfer these funds to accounts held on behalf of another person or to other individuals
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Introduction Now the world became dynamic. Nobody in this competitive arena will be successful until he is not linked with practical orientation. So in this regard internship program provides a good hope to connect the theoretical knowledge with practical knowledge. Banks are the major financial institutions which intermediate between actual lenders and actual borrowers. For this intermediation‚ banks are to play actual lenders and charge actual borrowers. This internship report on Jamuna Bank
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TABLEOF CONTENT Plagiarism Statement Declaration Form Marking scheme 1. Introduction 2. Body- i. Call deposit ii. Term deposit iii. Bills of exchange iv. Floating rate note v. Treasury bills vi. Certificate of Deposit (CD) vii. Commercial paper 3. Recommendation/opinion 4. Conclusion 5. Referencing 3. MARKING SCHEME (ASSESSMENT CRITERIA): Criteria | Maximum Marks | Marks Allocated | Remarks | 1. Introduction | 10 | | | 2. Body - facts
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Term Paper On Operation of Commercial Banks in Bangladesh Term Paper On Operations of Commercial Banks in Bangladesh Financial Institutions & Markets (FIN 335) Summer 2012 Submitted To Md Lutfur Rahman Assistant Professor Department of Business Administration East West University Submitted by Srabonty MazumderMd. Saddam HossenMd. Mehedi HasanMd.Nazmul Hasan BhuyanSanjana Ahmed | 2009-2-10-0212009-3-10-031 2009-3-10-0762009-3-10-0222008-3-10-101 | Section
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1. Introduction Commercial Bank implies that banks devote most of their resources to meeting the financial needs of business firms. This institution offers the public both deposit and credit services as well as a growing list of newer and more innovating services‚ such as investment advice‚ security underwriting‚ and financial planning. In recent years financial institutions have diversified themselves to satisfy consumers and units of government around the world. The result is the emergence of
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transaction‚ receiving and maintaining custody of the asset that resulted from the transaction. | Documentation procedures | Provides evidence that transactions and events have occurred. | Use of remittance advice. Mail receipts‚ cash register tapes and deposit slips. | Physical‚ mechanical‚ and electronic controls | Physical control safeguards assets. Mechanical and electronic safeguards and enhances accuracy and reliability of accounting records. | Time clocks are used to record time that employees
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