| dc.description.abstract | Banks are among the most important financial institutions in the economy. It can be easily
identified by the function it performs in the economy. Today the importance of banking
practices have become undoubtedly immense across the world and by noticing such growing
demand, banks are trying to come up with different kinds of new products and services.
Today, however, the functions of a bank have increased so much so that it is considered as a
very vital agent of development in a country like ours, Because of their positive involvement
in trade, industry, business, finance and a host of other allied services, banks today represent
very important part of any economy.
Prime Bank Limited is a private commercial bank in Bangladesh. It was established on
April 17, 1995. It is now one of the banks in Bangladesh which follows international standard
in Banking and Finance.
Prime Bank was created and commencement of business started on 17 April 1995. The
sponsors are reputed personalities in the field of trade and commerce and their stake ranges
from shipping to textile and finance to energy etc. They offers all kinds of Commercial
Corporate and Personal Banking services covering all segments of society. Diversification of
products and services include Corporate Banking, Retail Banking and Consumer Banking
right from industry to agriculture, and real estate to software.
I was assigned it in the Asad Gate Branch of Trust Bank Ltd. I present this report on the basis
of the knowledge and experience gained during the working period.
This report is broadly categorized in different parts. At First there is an introduction where I
describe the background of the report, objectives of the report, scope of the report, limitation
of the report and methodology of the report. The main objectives of the report are finding out
the working process of “General Banking” performed by the unit members. The data that’s
been used for this study are both primary and secondary in types. The primary data has been
collected through discussion with the respective organization's officials. Secondary data
consists of all published or reported material, which have already been collected or preserved.
In line with the Bank’s objective to become market leader, Prime Bank Limited adopted a
customer-oriented service policy and developed diverse products to meet the needs of
corporate, commercial and retail customers. This bank is one of the most disciplined banks
with a distinctive corporate culture. The Core Competencies of TBL are knowledge,
transparency, reliability, experience and expertise etc. And the challenges of the TBL’s are
understand customer and banker, management problem, centralization, advertising and
promotion etc. Then I briefly described about the general banking area of Prime Bank limited which includes
Account opening section where a customer can open different types of accounts such as
Current account, Savings (SB) account, Short Term Fixed Deposit (FDR). Then deposit
section which is classified into demand deposit and time deposit, after that cash section where
banks, as a financial institution, accept surplus money from the people as deposit and give
them opportunity to withdraw the same by cheque, etc. Among the banking activities, cash
department play an important role.
After that I analyzed the performance of PBL which includes financial performance from the
year 2009 to 2013. The core objective of any corporation is to maximize the stockholders’
wealth. As Prime Bank is also a corporation, its prime objective is to maximize its
stockholders wealth. According to the theory stock price is the best indicator of a business
firm’s performance that it is a perfect provided market. | en_US |
