General banking activities of Prime Bank Limited

Abstract

Earlier Bangladesh was a third world country, where Banking Industry was developing but with the passing times the banking sector and the whole banking industry in Bangladesh have improved a lot. In the last few years numbers of private commercials banks have been established and one of the leading private commercial banks is Prime Bank Limited. Through this report I have studied the general banking activities of Prime Bank Limited, their background and the products and services that they provide to their valuable customers and clients. The term general banking activities includes the day-to-day transactions they lengthen with their customers and the daily services that they provide like generating bank statement, bank certificate, issuing payment order, keeping records and delivering cheque books to the customers and fulfill the daily customers’ service requirements from the bank. Prime Bank Limited have two types of account products Personal (Savings) and Non-Personal (Current) accounts and they have varieties of deposit savings scheme also, among them two are recently introduced “Prime Millionaire’ and “Kotipoti with Insurance Coverage and without Insurance Coverage” along with other schemes like contributory savings scheme. Through its products and services they try to be innovative in providing most effective and efficient services to its customers and will be continuing doing the same in the years ahead. The whole report has been prepared on the basis of practical and analytical framework. Latest annual report, related documents and materials of the bank have been studied to make this report a successful one. And the internship also helped me gather practical job life experience along with theoretical concepts, which is more fruitful than only gathering bookish concepts.