Browsing by Author "Farook, Imran"

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    General banking of Prime Bank Ltd under islamic mode
    (BRAC University, 8/16/2007) Farook, Imran; Ghosh, Suntu Kumar
    Modern banks play an important part in promoting economic development of a country. Banks provide necessary funds for executing various programmers underway in the process of economic development. They collect savings of large masses of people scattered through out the country, which in the absence of banks would have remained ideal and unproductive. These scattered amounts are collected, pooled together and made available to commerce and industry for meeting the requirements. Today's modern banks are not only provides traditional banking, rather banks are expanding the menu of financial services, banks are making the untouchable service touchable for their customers. The changing and expanding role of banking has made the banking business more complex and competitive. For survival and growth of this business demands creativity, specialization and knowledge and adoption of new technology. But technology, creativity, specialization all these cannot support a bank to survive unless the services are marketed in the right track. For this banks need experts who will able to run the business even in against the wind. Prime Bank Ltd. is one of the fastest growing banks in our country. It has performed very well since its commencement of business and the Bank is already at the top slot in terms of quality service to the customer's ad the value addition to the shareholders. Prime Bank Ltd. has already made significant progress within a very short period of its existence. The bank has been graded as a top class bank in the country through internationally accepted CAMEL rating. The bank has already occupied an enviable position among its competitors after achieving success in all areas of business operation. Prime Bank Ltd. offers all kinds of Commercial Corporate and Personal Banking services covering all segments of society within the framework of Banking Company Act and rules and regulations laid down by our central bank. Diversification of products and services include Corporate Banking, Retail Banking and Consumer Banking right from industry to agriculture, and real state to software.
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    Prime Bank Limited under islamic mode
    (BRAC University, 8/16/2007) Farook, Imran; Ghosh, Suntu Kumar
    The internship program is a requirement to get BBA degree. As part of my internship program I was assigned to complete my organizational attachment at Transcom Electronics Ltd. I am posted under the Department of Finance and Accounts. This company had originated with tea plantation in 1885; today it is one of the leading and fastest growing diversified business houses in Bangladesh employing over 5000 people.Not many industrial groups in Bangladesh can claim a history of continuous business pursuits stretching back over 100 years. Initially tea and jute formed the backbone of the family business. Although these are still part of the activities, they contribute marginally to the overall group turnover. These early industrial ventures have moved over to businesses involved in high-tech manufacturing, international trading and distribution, forming strong ties with a host of blue chip multinational companies. In recent years Transcom has emerged as an increasingly significant media house in Bangladesh. The Department of Finance and Accounts deals with the banks, dealers' channels and other parties for payments their bills and collects receivable and also prepared annual budget, balance sheet, income statement and cash flow statement. My primary job in this department is to cooperating finance and accounts team. My responsibility was to cooperate the Financial and Accounting team. The team needs some analysis of bank reconciliation and preparation of bankbook, which I give them whenever they need. Doing such job there is an opportunity to learn how the office work gets done. Time management is a very crucial factor to manage. I am doing project on the financial performances of the Transcom Electronics limited. For the project, I have to do the financial evaluation of the last five years (2000-2004) Balance Sheet and forecasting their future performance.