FOREIGN EXCHANGE OPERATIONS OF EXIM BANK BANGLADESH LIMITED: A STUDY ON PANTHAPATH BRANCH, DHAKA-1205

Abstract

This report is prepared on the basis of my four-months practical experience at EXIM Bank Bangladesh Limited, Panthapath Branch, Dhaka-1205. 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. Export Import Bank of Bangladesh Limited has started its journey as a private commercial bank on August 3, 1999. The whole working process of EXIM Bank Limited, Panthapath Branch is divided into 3 sections- (1) General Banking Section, (2) Credit Section, and (3) Foreign Exchange Section. This report has been prepared based on my practical observation and experience gathered from the branch and the focus is given mainly on the foreign exchange Section. The whole report is divided into seven parts- Introduction, Literature Review, Organizational Overview, Methodology, Foreign Exchange Operations, Analysis & Findings and Recommendations & conclusion part. The first chapter is the introductory chapter of this report. It contains introduction, origin of the report, objective of the report, methodology of the report, scope of the report and limitations of the study. In the second chapter I try to review some literature to know about the previous work about this topic and find out the lacings of that works. In methodology chapter I mention the study design, sources of data, data collection method & questionnaire design. The organizational part contains historical background of EXIM Bank Ltd, corporate information, vision & mission of EXIM Bank Ltd. and organogram of EXIM Bank Ltd. The foreign exchange part includes foreign exchange related activities. The analysis and findings part include financial performance analysis, SWOT analysis of the bank and customer satisfaction on foreign exchange service. Last chapter includes recommendations and conclusion. As a part of my internship I got a chance to work at this bank for a period of four months. During this period, I have learned about this organization and its working environment, which inspired me to work on the topic.