A study on temenos: a core banking solution for Bangladeshi banks

Abstract

Accomplishing an internship program and preparing a report based on this program are important parts to obtain Bachelor of Business Administration degree for a student. Internship program provides a chance to a student to practically observe day to day activities of a business entity which is very helpful for him in future as he acquires knowledge and experience of how a business entity is operating. For that reason I needed to choose a business entity and I chose Mercantile Bank Ltd. (MBL) which is a reputed and leading commercial Bank of our Banking industry. This Bank has a reputation of being good provider of quality services to its customers. The date of incorporation of MBL was 20th may 1999 and it started its journey in our Banking industry in 2nd June 1999. This report aims to focus on the performance of Temenos on foreign exchange operation of MBL. To analyze the performance of MBL in Temenos I tried to discuss the performance of it in Bangladesh. I have also tried to give some theoretical background of Temenos operation and discussed about the function with foreign exchange operation of MBL along with the import procedures, export procedures & remittance procedures of this Bank.