Analysis of financial performance of BASIC Bank Limited

Abstract

State-owned BASIC Bank Limited conducts business like a private bank while being controlled by the state. The goal of its establishment was to advance Bangladesh's bank sector. For further information, I've written a study that begins with a summary of the banking sector in Bangladesh and then includes more details about the background of BASIC Bank Limited. Within the report is a progress chart for BASIC Bank Ltd. A detailed explanation of this specific bank's General Banking Department is provided in a subsequent chapter. In-depth descriptions are provided of the many tasks performed by this department as well as the necessary paperwork to create an account. This report may be used to determine the types of loans available as well as the goods and services they offer. My three-month internship experience and my activities are described in the upcoming chapter. In addition, the most significant chapter, which analyzes the financial performance of BASIC Bank Limited, is also carefully produced. The years 2020 and 2021 are used for the Ratio analysis, respectively. An evaluation is also conducted with Bangladesh Development Bank Limited, a bank of a comparable nature. The study concludes with a few helpful ideas that might help the bank increase its effectiveness. It also includes a quick summary.