Credit operational process of United Finance Limited
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Date
2015-07-29Publisher
BRAC UniversityAuthor
Asimuzzaman, SheikhMetadata
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The non‐bank financial institutions (NBFIs) constitute a rapidly growing segment of the financial
system in Bangladesh. The NBFIs have been contributing toward increasing both the quality and
quantity of financial services and thus mitigating the lapses of existing financial intermediation
to meet the growing needs of different types of investment in the country.
Today all NBFIs are playing a vital role for the growth of the nation’s economy with the best of
their ability. During the world recession period NBFIs in Bangladesh act in a stringent manner so
that their financial systems as well as the economy do not collapse. 30 NBFIs are now
contributing to the growth of national economy. UF Limited as a leading and pioneer NBFI
started their operation in 1989 and still they are dominating the NBFI sector as well as
contributing to the prosper of economic development. Their success in this industry has
inspired others to invest their capital in a profitable way.
The report represents the three months working experience in the United Finance Company
Limited (UF). I was assigned to the Head Office at Camellia. This report will present a study of
the credit operational process of UF and how does the structure of credit plays an important
role in the process. The focal point of the study is to give a clear idea of how UF manages the
credit, to analyze the processes being followed in their credit operation. I have used the
available data and gathered the knowledge particularly on the credit operation structure of the
Credit Administration Department where I worked as an intern.
During the short span of its operation, the company has successfully positioned itself in
business community, from small businessmen or entrepreneurs to large traders and industrial
conglomerates, including the top rated corporate borrowers for forward looking business
outlook and innovative financing solutions. After that the products and SWOT analysis of UF is
also presented. From SWOT analysis it is found that UF has huge opportunity in the nonbanking
sector to shine and can establish a strong pillar in the market.
Keywords
Business administration; Credit appraisal; Credit assessment; Credit risk; Credit risk managementDescription
This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration,2015.Department
BRAC Business School, BRAC UniversityType
Internship reportCollections
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