An overview on overall performance of investment department of First Security Islami Bank Banani Branch

Abstract

First Security Islami Bank Limited (FSIBL) was set up in 29 August 1999 with a reasonable statement of exhibiting the operational importance of participatory economy, banking and money related exercises as a fundamental piece of an Islamic code of life. The philosophy of First Security Islami Bank is to build up as egalitarian society dependent on the principal of social equity and justice. This report is to assess the overall performance of the investment department of First Security Islami Bank Limited, Banani branch. This report gives an idea about the investment schemes or products, strategies they are following to give loan through these products, an overview of overall loan performance based on performing and non-performing loan, how they manages their risks to stay strong in banking industry. Lastly this report will also gives us an idea about overall financial performance based on product wise profit and their last three months of net profit. I discussed with the officials and executive of the FSIBL, Banani branch and found the approximate data which has been used in the report. I have collected my primary data by interviewing bank’s officers. Most of my data has been collected from the primary source. In this paper I had been advised to work on only the most recent three months of data sets. So my secondary data was obtained from the company’s this year financial reports. After having all these data sets and discussing inside the report we have found the result as well. In this report I have shown that the bank is dealing with profit so far but their profit is declining as their depository rate increased by significant amount. Moreover, I have tried my level best to show in which side the bank is doing well and in which side they need to work on so that they can give better customer care services. Lastly, I also have mentioned in this study that though they are making profit but they need to concentrate on some specific issue such as need to increase their lending rate a bit so that their net profit can be stable, also need to provide better ATM service etc.