Introduction and origin of the report Sponsored: Introduction Lease is contract between a lessor, the owner of the asset, and a lessee, the user of the asset.
Report Executive Summary Banking service in Bangladesh is characterized as a highly competitive and highly regulated sector. With a good number of banks already in operation and a few more in the pipeline, the market is becoming increasingly competitive day by day.
With the global slowdown in the face of rising competition, the commercial banks are constantly looking for ways to develop their market and product offers to remain ahead of others.
The city bank is a first private bank in our country. The City Bank Limited provided all kinds of banking services here this branch by assigning the right person for each service.
The whole working process is maintained by the Principal Branch. This report has been presented based on overall Banking Practice, which is consisted of various departments. Foremost, I have tried to make acquainted with the bank and branch in this report.
General banking is the starting point of all the banking operations. It is the department, which provides day-to-day services to the customers. It opens new accounts, remit funds, issue bank drafts and pay orders etc.
Provide customer through quick and secure service is the goal of the general banking department. The Bank started its operation on 14th MarchNow it has 83 branches in Bangladesh.
The City Bank Limited has been competing with other private banks where all the banks are adopting different incentive programs to attract the customers. Accordingly, the city Bank Limited is offering different type of deposit scheme bearing highest rate of return.
The main customers of this branch hold a strong background, which is a positive obsession for this branch. With crumble down of the world economy caused by nine eleven attack.
It is observed that the competition becomes intensive in the globalization process. Our country has also participated in the race for its existence. Therefore, it becomes obvious for us to increase the field industrialization. The City Bank Limited is playing a vital role in developing industry of the country and putting the national economy competitive with world economy.
Developing country like Bangladesh urges a huge amount of investment both in the private and public sectors. After completion of the program period of a student must submit the report on the assigned topic to the supervisor and the department.
Three credit hours for this internship program out of credit hours of the program. The program is of three months duration. During this period I worked with the employees of the organization. This internship report has been designed to have a practical experience through the theoretical understanding.
This internship is essential for every students of Business Administration which helps the students to know the real life situation of corporate life. In this regard I had been assigned in the City Bank Limited, Nikunja Branch immediately after completion of the course requirement of the program.
I had been supervised there by the management of the Bank to gather information which is necessary to prepare my report.
Background of the study In the 80s there was a shift in the economic policy of the country from public sector orientation to private sector operation. It was felt that banks in the private sector would be suitable for private sector-oriented development in the country.
A part from these NCBs were not found adequate to meet the financing needs of the economy. With the pages of time it was felt that banks in the private sector were given the role of engine of development. For the first time seven bank were allowed in to operate in the private sector.
In the 90s development efforts with in the private sector orientation got a boost and eight more banks are allowed in the private sector in A number of banks 13 were also allowed branches in the country stands at around The City Bank Limited pursues decentralized management policies and gives adequate work freedom to the employees.
This results in less pressure for the worker and acts as a motivational tool for them, which gives them, increased encouragement and inspiration to move up the leader of success.
Overall I have experienced a very friendly and supporting environment at The City Bank limited which gave me the pleasure and satisfaction to be a part of them for a while.Term paper on Financial Institution Analysis South East University [Year] Course Code: FIN List of Financial Institutes in Bangladesh 8.
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