Assessing investment sector in the context of overall default profile of First Security Islami Bank Ltd., Banani Branch
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FIRST SECUIRITY ISLAMI BANK LIMITED (FSIBL) was established in 29 August 1999 with a clear manifesto of demonstrating the operational meanings of participatory economy, banking and financial activities as an integral part of an Islamic code of life. The philosophy of FIRST SECUIRITY ISLAMI BANK is to establish as egalitarian society based on the principle of social justice and equity. This report is to assess the investment department on the context of overall default profile in First Security Islami Bank Limited, Banani branch. This report gives an idea about investment and investment risk management, default loan, default profile of FSIBL. I discussed with the officials and executives of the FSIBL, Bannai Branch and found the approximate data which has been used in this report. In order to achieve the set objectives of the study, both primary and secondary data was used. The primary data was collected using a questionnaire. The questionnaire had both closed and open-ended questions. The closed ended questions enabled me to collect quantitative data while open-ended questions enabled to collect qualitative data. The secondary data was obtained from the annual reports, disclosure on risk based capital Basel-III 2016 report of the banks. Data collected covered a period of 6 years, from 2012 to 31, August 2017. The bank has a sound credit risk management system. The Bank tries to extend credit facilities to the various sector of the economy. This year FSIBL have two default loan accounts and both of the accounts are SME loan accounts and the default amount is 5.22 Million taka. The clients were giving their installments regularly but due to having external issues they are missing the schedule payments. Bank have decided to give them more time and contacting with the clients regularly, From the survey I have found that this year it seems almost constant but NPL has increased year after year in this FSIBL, Banani branch.