Functions of credit risk management: a study on IDLC Finance Limited

Abstract

IDLC Finance Limited is a non-bank financial institution and started its journey in 1985.Now it has 38 branches and diverse segments in financial sectors to provide products and services to its customers across the country.It helps people to fulfill their dreams of owning home, car, starting and growing business and creating more jobs etc. with the support of highly qualified experienced, dedicated and professional workers. They also include expert security solution, executive portfolio, shared shop, board tool and company, corporate and consumer financing. The report is prepared with the intention of providing a detailed overview of IDLC Finance Limited and its Credit Risk Management Department. The Credit Risk Management is one of the most important departments of IDLC Finance Limited.I was fortunate enough to attain the opportunity to work with the Credit Risk Management team as an intern for three months. My primary task was helping my supervisor at the legal section, preparing bills of the lawyers, scanning case related documents and uploading them into the system. I was assigned to write a report as part of the internship that will show what I learned from my experience there. This report includes a complete overview of IDLC Finance Limited and its different departments and divisions.I clarified about the sort of advances credit risk management,customers division provides their potential customers as loans, their functions and confinements. I also added different analysis and figures for describing clearly. This report will provide a picture of what I have observed during the three-month internship and how not only the organization but also myself benefited from this internship program.