Prime Bank

PART - 1 INTRODUCTION Executive Summary: Banking musical arrangement of Bangladesh has g sensation d oneness three phases of development- Nationalization, Privatization, and Lastly financial Sector Reform apex Bank Ltd. (PBL) has started its journey as a private commercialized bank on seventeenth April, 1995. While we went to the PBL, we were placed in three vital departments. These were: ? planetary banking ? Credit ? exotic modify General banking is the beginning brain of all the banking operations. It is the department, which provides day-to-day function to the nodes. It opens new accounts, send can funds, issue bank drafts and pay orders etc. Provide client through quick and sincere service is the goal of the look out on banking department. Bank credit is an important catalyst for bringing virtually economic development in a country. Without adequate pay, in that respect can be no growth or aid of a stable economy. Prime B ank Limited, being one of the largest private commercial bank of the country, has some prejudice to pay directly on priority basis to agriculture, industry and reinstate sector for strengthening the economic base of the country. Hence, it is very readable that, PBL Bank plays an important role to move the economic go around of the country.

Providing different sorts of credit and schemes like loan against trade swap (LIM), Trust Receipt, Bank Guarantee, Industrial Loan, IT loan, Consumer Credit scheme, Executives political machine Loan, mark Finance is the main spring of the credit department. Foreign de putise department plays significant roles th! rough providing different services for the customers. earn of credit is the key player in the extraneous exchange business. With the globalization of economies, multinational trade has become kind of competitive. apropos payment for exports and quicker delivery of goods is, therefore, a pre-requisite for winning international trade operations. To ensure this purpose PBL transmit L/C through SWIFT (Society for...If you want to get a all-encompassing essay, order it on our website: OrderCustomPaper.com

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