Abstract:
In this report I have written some of the common general banking activities done at Mohakhali branch, Prime Bank Limited. This report reflects my works that I have done during my internship, the general activities I have seen to be performed at General Banking division, discussed about the internal control system of the branch and at the end part of this report, recommended some point which I hope will be constructive enough.
In the first part of my report, I gave an overview of the bank and also discussed about the new initiative- “Liability Operations Department” taken by the bank to centralize its important banking activities. The effect of this initiative is widespread. For this reason, I have discussed the area on which it has the most effects – account opening and loan disbursement from the branch.
Moreover, I have summarized my responsibilities as an intern at Mohakhali branch and what I have learned from my responsibilities. While working there, I was also attentive towards the general banking works done by other officers which includes – clearing instruments (BACRS), fund transfers (BEFTN) and different kinds of registry books maintenance.
After having all the important information regarding the processes and rules of some general banking activities, I have tried to relate all those with the components of a proper internal control system. This will help readers to clarify the importance of internal control system for a bank and will be able to know how internal control is actually ensured. Lastly the report is concluded after giving some recommendations on some issues related to the bank.
