Foreign exchange activities of Jamuna Bank Limited

Abstract

Bangladesh's banking sector is extremely significant to the country's economy. There are currently 61 authorized banks functioning in the country. Jamuna Bank Limited is known as one of the best commercial private banks and it has been in business since 2001. Through excellent leadership skills, it has already acquired the respect of people and trust for its service that has been satisfactory and devoted foreign exchange department. Most importantly, Jamuna bank is well-known for its efficient exchange of foreign services, which include export, import, & remittance. This study concentrated on JBL's foreign exchange operation division's performance. This report assesses JBL's foreign exchange decisions and identifies possible conclusions in terms of annual profit, export, and import also foreign remittance. There are a total of three topics covered in this report. In the very first chapter, I write and discuss an overview of my internship program. Where, I mentioned my details like name, ID, major. Furthermore, internship information and details like the name of my organization where I worked for 90 days, my supervisor details also, my duties, and responsibilities. In the same way, my contribution to the company and what are the benefits I get from the organization, and my recommendations for upcoming interns. In the second chapter, I discuss the organizational part like 5 practices that JBL follows. I discuss all management practices, marketing practices, financial and accounting analysis, operational along with the information system of my organization which is Jamuna Bank Limited. I talked about details of those and from the perspective of my organization. In the last part, which is the project part, I talked about the Foreign Exchange Activities of Jamuna Bank Limited. Furthermore, I individually write all the details and findings along with analysis data of import, export, remittance. Moreover, I collect data from various resources and interpret them. Lastly, I gave a conclusion and recommendation. To sum, it can be said that the report, named FOREIGN EXCHANGE ACTIVITIES OF JAMUNA BANK LIMITED has portrait a picture overall picture of JBL foreign exchange activities and its analysis in depth.