Banani Branch should extend with their all out effort to increase the credit portfolio and to procure more low cash deposit, increase non funded business so as to minimize dependency on interest earning from IFIC Bank general account and to improve overall business performance of the branch to maintain earning.
During the year the Bank sanctioned syndicated term loan of Tk. The declining return on equity, earnings per share and dividend can give danger signal to the investors. Increasing awareness of Islamic banking can bring more success for Islamic Banking Branches The revolution of Information Technology IT in the country may lead to success for the bank, as IT sector is a major target area for lending.
One of the major limitations is the shortage of internship period. Rectify the Existing Problems: Authorized and paid up capital increased to Tk. He was the first Chairman and The internship report on ific bank. BusinessManagement Topic: In order to get competitive advantage and to deliver quality service, top management should to modify the services.
Currently it consists of 13 Director. Increased competition in the market for public deposits Market pressure for lowering the profit or interest rate Volatile global and local economic scenarios High concentration in loans as percentage of total deposit may cause severe liquidity problem if significant percentage of loan holder become default.
Currently it consists of 23 Directors. The main constraints of the study are inadequate access to information, which has hampered the scope of analysis required for the study. To take part in the formation, management, supervision or control of the business or operations of any company or undertaking and for that purpose to render technical, managerial and administrative services and act as administrator, manager and secretary.
Ability to maintain positive non-interest margin that signifies efficiency in earning fee incomes. In this report the importance of customer service has been highlighted. In when the Government allowed banks in the private sector, IFIC was converted into a full-fledged commercial bank.
Due to time limitation; many of the aspects could not be discussed in the present. The net effect was decline in operating profit in the recent year. So I tried to make a relationship scenario of customer with this bank to measure the service quality.
As approved by the Visa Asia-Pacific. To purchase, or otherwise acquire, undertake, the whole or any part of or any interest in the business, goodwill, property, contract, agreement, right, private assets and liabilities of any other company, bank, corporation, partnership, body person or persons carrying on, or having ceased to carry on, any business which the company is authorized to carry on, upon such terms and may be deemed expedient.
Total outstanding of consumer loan stands at Tk. We are committed to the welfare and economic prosperity of the people and the community, for we drive from them our inspiration and drive for onward progress to prosperity. There are numbers of new private banks and some have already activated with their extended customer service pattern in a completely competitive market.
The bank has received a spectacular response from the customers in the sector. The Bank also participates in syndicate financing. To form, promote, organize, assist, participate or aid in forming, promoting or organizing any company, bank, syndicate, consortium, and institute or any holding or subsidiary company in Bangladesh or abroad for the purpose of undertaking any banking, financial, investment or trust business.
They are not competitive in customer service because the officers do not behave in professional manner in fort of customer.
The activities of the branches are more or less same but there are some differences as per the size of the branches. At the same time, it expanded project financing portfolio to meet the growing demands of the economy for long term financing in a depressed capital market.
IFIC Bank is one of the few mentionable banks which maintains Capital Adequacy ratio and has more than required provision as per Bangladesh Bank criteria.
Different books, training papers, manuals etc. The present study was not out of limitations. It indicates that the customers are the most valuable assets for a bank.
All the branches are equipped with computers in addition to modern facilities, logistics and professionally competent manpower.Internship Report on SME Banking of IFIC Bank Limited: A comparative study among City Bank, Eastern Bank and IFIC Bank Submitted By Sifat Afrin ID: Submitted To Ms.
Rahnuma Ahmed Lecturer BRAC Business School BRAC University S U B M I S S I O N D A T E: November 29, 2 0 1 1. Internship Report on IFIC Bank - Free download as Word Doc .doc), PDF File .pdf), Text File .txt) or read online for free.
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Only at mint-body.com". I have successfully completed my internship program in IFIC Bank Limited and I worked there as an intern for three months.
Working on this report was a great learning experience for me as I.
From the practical point of view I can declare boldly that I really have enjoyed my Internship Report on Training and development of IFIC Bank mint-body.com a central bank of Bangladesh The Bangladesh Bank always adopting measures for putting banking institution on right track and also monitors the activities of these banks to prevent from doing 1/5(1).
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