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Saturday 18 January 2014

Report on Agrani Bank Ltd

Table of Contents
Executive Summary. i
1.1 History of Banking: 2
1.2 History of Private Banks in Bangladesh: 3
1.3 Current Structure of Banks in Bangladesh: 5
1.4 Banking Sector 2011: 5
1.5 Background of Study: 6
1.6 Objective of the study: 6
Primary Objectives: 6
Secondary Objectives: 6
1.7 Importance of the study: 7
1.8 Methodology of the Study: 7
Area of the study: 7
Primary Data: 7
Secondary Data: 8
Data Processing and Analyzing: 8
Determination of Time Horizon: 8
1.9 Limitations of the Study: 8
Business of The Administration. 9
Fears to Disclosure. 9
Lack of Experience. 9
Lack of personnel 9
2.1 Background of the Bank: 11
2.2 Objective of Agrani Bank Ltd: 11
2.3 Mission of ABL: 12
2.4 Vision of ABL: 12
2.5 Milestone of ABL: 13
2.6 Organizational Organ Gram.. 14
2.7 Products and Services of ABL: 15
2.7.1   Deposits. 15
2.7.2   Loan Scheme. 16
2.7.3 Services. 17
2.8 Board of Directors: 18
2.9 Senior Management: 21
2.10 Credit management: 23
2.11 Human Resources Division: 23
2.12 Corporate Governance: 24
3.1 Introduction: 26
3.2 Clearing process in ABL: 26
3.3 Clearing Department: 27
3.3.1 Outward cheque clearing: 27
3.3.2 Inward Cheque Clearing: 31
3.3.3 Attending House: 35
3.4 Local Remittance Department 40
3.4.1 FDR (Fixed Deposit Rate) 41
3.4.2 Four Types of Instruments in Remittance Department Are Discussed Below: 45
SWOT Analysis: 50
4.1 Strength: 50
4.2 Weakness: 51
·       Absence of strong marketing activities. 51
·       Diversification. 51
·       Outdated Software and Hardware at ABL Narayanganj 51
·       High charges of L/C.. 51
4.3 Opportunity: 51
·       Experienced Managers. 51
4.4 Threats: 51
·       Upcoming Banks/Branches. 51
·       Similar products are offered by other banks. 52
·       Default Loans. 52
·       Financial Crisis. 52
Recommendations: 55
On clearing & local remittance sections: 55
On other sections: 55
Conclusion: 56
References. 57
Book names: 57



Executive Summary


This report is prepared on the basis of my three-month practical experience at Agrani Bank Limited, at Narayanganj Branch. This internship program helps me to learn more about the practical situation of a financial institution. Banking system of Bangladesh has gone through three phases of development-Nationalization, Privatization, and Lastly Financial Sector Reform. Agrani Bank Limited is a state-owned commercial bank of Bangladesh established in 1972. The whole working process of Agrani Bank Limited¸ Narayanganj Branch is divided into 3 sections- (i) General Banking Section, (ii) Accounts Section, and (iii) Foreign Exchange Section. This report has been presented based on my practical observation and experience gathered from the Branch and the focus is given on the General Banking Section.


The whole report is divided into three parts-Introductory parts, Learning part and concluding part. The first chapter is the introduction chapter of this report. The learning part shows General Banking activities of Agrani Bank Limited. The third and last chapter contains problems of Agrani Bank Limited, recommendations and conclusion.

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