Credit management of United Commertial Bank Limited

Abstract

This report is based on “Credit Management of United Commercial Bank Limited” which is prepared from my experience of working in Credit Department at United Commercial Bank Limited. Bank’s most important works are collecting deposit from clients and giving loan to clients. Through this process banks are making revenue. The employees of United Commercial Bank Limited are very serious about their work. They maintain a protocol to establish a good relationship with existing clients and new clients. For their good services every month UCBL collected big amount deposit from clients. Managing those deposit money is very important work for any bank. UCBL believe that about 80% to 90% of deposit money must be invested in loan section. This report focuses on different credit facilities provided by United Commercial Bank Limited and its overall procedure of lending. With the clear mission provide effective banking services and to contribute socio-economic development of the country, United Commercial Bank Limited emerged as commercial bank and launched its operation on mid 1983. The bank has 148 branches all over the country up to 2015. Those branches are always ready to provide good services for their clients. I did my internship in UCBL Mirpur Road Branch, address: House# 12, Road# 5, ward No# 49 Mirpur Road, Dhanmondi R/A, Dhaka. First 2 month I worked in General Banking Division. Here I learned how to open an account, how to provide quick services because customer wants quick and good quality service. I also learned how to Open an account, write pay order, taking deposit from customer and register inward & outward. Last 1 month I worked in Credit and LC department. I also learned to fill up LC register and loan form. And gain clear idea about loan process and LC. The major task for a bank is to survive in the competitive environment of credit service by managing its assets and liabilities in an effective way. United Commercial Bank Limited manages the assets and liabilities in effective way and earns success and prosperity constantly. Is operates in a disciplined and prudent manner with a focus on driving productivity with delivering sustainable improvements in business performance.