Overall financial performance of Bank Asia

Abstract

Every financial institution has multiple purposes including making adequate profit for payment, getting a reasonable rate of return to the owners and investing in business through satisfaction of customers, maintenance of a contended workforce and creation of a company image. The core job of management of any financial institution is to utilize the resources in a effective way so that they can achieve their business objectives. This report entitled as “Overall Financial Performance of Bank Asia” was done to find out the factors in General Banking. Factors like account opening, deposits, FDR, cheque book application, dispatched section of bank , investment in business ,investment in export-import, classified loan, agent banking, investment on SME. The human resources of an organization can play an important role in achieving the objectives and goals of that organization. Employees work in the organization for the satisfaction of their needs. If the human resources are not properly motivated, the management will not be able to accomplish the desired results. Therefore, human resources should be managed with utmost care to inspire, encourage and impel them to contribute their maximum for the achievement of the business objectives. The amount of deposit was 1,912 60% of given target, advance is 1,639 crore 63% of given target, the amount of operating profit 593 crore 83% of given target, Import is 1,487 crore 91% of given target, export is 1,031 crore 90% of given target, remittance is 4,166 crore 79% of given target. Their fulfillment of given target are much more better than 2015. The overall profit of only Paltan Branch is 10.25 crore, their profit achieved by 80.3% of their given target. Their future overall target of Paltan Branch in Deposit is 300 crore, Advance is 220 Crore, profit is 12.75 Crore, Import is 50 Crore, Export is 20 Crore.