Internship Report On: Foreign Exchange policy and procedure of Exim Bank Ltd.

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INTERNSHIP REPORT ON: Foreign Exchange policy and procedure of

Exim Bank Ltd.

Supervised By: Evana Nusrat

Department of Business AdministrationInternational Islamic University Chittagong.

Prepared By: Name: Fahmina Hasan

Metric ID: B-113202Semester: Spring 2015

Program: BBAMajor: Finance and Banking

Date of Submission: December 19, 2015

International Islamic University Chittagong

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LETTER OF SUBMISSION

Date: 19-12-2016

To

Dean,

Faculty of Business Studies

International Islamic University Chittagong

Sub: Submission of the Internship Report on Foreign Exchange policy and procedure

Dear Sir.

It is my great pleasure to inform you that I have the opportunity to submit an elaborate

report on Foreign Exchange policy and procedure of Exim Bank Ltd.

I sincerely believed that you would find this study very interesting, informative and

enlightening. I will be glad to furnish you with further explanation or clarifications

that you may feel necessary in this regard. I shall be obliged if you kindly approve this

effort.

Thanking you,

Sincerely yours.

………………………..Name: Fahmina Hasan

Metric ID: B-113202

Semester: Spring 2015

Program: BBA

Major: Finance and Banking

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Preface We have so long devoted our attention to acquire theoretical knowledge by standing textbooks.

To have a through knowledge practical training in this respect is inevitable. Internship is the only

way of getting practical knowledge.

In the competitive world there is prevailing cutthroat competition among the industries or

institutions. Side by side industries or institutions are growing rapidly to the needs of the needs

of the people. For this reason different industries or institutions are facing different problems. As

a student of accounting we should be conversant with the problem and look for the actual

situation of the problems.

With this objective all universities have attracted the internship program in curriculum. The

teachers of accounting department have included internship in the syllabus.

During my internship I have collected information and other report from EXIM Bank Ltd. as per

as possible. I feel that it was not possible to collect all information due to shortage of time of my

internship.

Still I venture to say that I have my best effort in this connection for the satisfaction of my

department head.

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Acknowledgement

Allah is almighty to make internship report part of my last semester of MBA program. It is a

practical work, which is necessary for our real life.

The topic of the tern paper assigned me is “Organizational Structure and customer service of

EXIM Bank Ltd.” In conducting this study I have recovered with pleasure and sincere assistance

from individuals.

First of all express my deep gratefulness to Mr. Kazi Masihur Rahman Managing director, for

his kind permission to allow me for practical orientation in EXIM Bank.

My special gratitude goes to Mr. Shah Md. Abdul Bari, Senior Vice-President, and HRD

division for his modern outlook and meticulous supervision to carry out the job perfectly. I

would like to express my sincerest thanks to Mr. Md. Shafiqul Islam Shamim , Senior

Principal Officer and Manager Operation, Gazipur Chowrasta branch. I am also undoubtedly

grateful to Mr. Md. Motalib Hossain, Principal Officer and

Mr. Khan Mohammad Anwar Hossain, Principal Officer of Gazipur Chowrasta branch which

suggestion is very fruitful for my internship.

I am grateful to Mr. Momtaz Ali ,E.O;Md. Mosharraf Hossain ,E.O; Mr. Shahidul Islam

E.O, Md. K.M. AL-Mamun,E.O(cash),Md. Khalilur Rahman,M.T.O;Md. Ramzan Ali M.T.O,

Md. Golam Kibria(M.T.O), Jasim Uddin,Jr.O(Cash); Md. Samsul Alam,Jr.O(Cash); Md.

Abdul Kadar,A.O(Cash); Sumon Sultana,A.O(Cash);Syed Reazul Islam,A.O(I.T) Rassel

Mohammed Islam,A.O(I.T); Md. Tazuddin Ahammad,A.O of Gazipur, Chowrasta branch.

I also express my gratitude to Md. Mohammad Ibrahim Miah, student of MBA (Final year,

University of Asian) who was very much helpful to make my report.

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Executive summary

The report is prepared on the basis of practical experiences at EXIM Bank Ltd. The internship

programs help me a lot to learn about the practical situation of a financial. This program helps

me to implement my theoretical knowledge into practical realistic environment.

In the age of modern civilization Bank is playing its spending role to keep to the economic

activity. In fact there is hardly any aspect of development activity whether state inspired or

otherwise where Bank do not have a major role to play.

Bank provides means and mechanism of transferring command over resources from those who

have an excess of income over expenditure to those can make use of the same for adding to the

volume of productive capital. There are large numbers of small saver with small amount of

saving who are generally reluctant to invest their surplus income because of their lack of

adequate knowledge about complicated investment affaires. The Bank provide them with the

safety, liquidity and profitability by means of different saving media offering varying degrees of

mix liquidity, return and safety of saving.

Export Import Bank of Bangladesh Limited is schedule commercial Bank is registered by the

Bangladesh Bank. EXIM Bank follow the rules and regulations prescribed by the Bangladesh

Bank for scheduled commercial Banks. The functions of the Bank cover a wide range of banking

and functional activities to individuals, firms, corporate bodies and other multinational agencies.

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