Internship Report On Training and Development Process of United Commercial Bank PLC Limited (UCB)

Abstract

United Commercial Bank PLC Limited (UCB) Limited is one of the pioneer financial companies in Bangladesh. This organization organizes different types of training and development programs to increase its employees’ performance for achieving better output. United Commercial Bank PLC spends a huge amount on its training sessions, which is not an expense but an investment for securing better returns. The bank arranges training and development programs at different levels. For senior officers, the bank sometimes sends them abroad to join various types of seminars and training sessions organized by banking institutions. Junior officers and fresh recruits receive training from the bank’s own training institute, which is located in Dhaka. All training sessions are coordinated and managed by the United Commercial Bank PLC Limited (UCB) head office. These training sessions help identify the strengths and weaknesses of employees and provide them with ways to improve. This enables employees to better understand how to achieve the company's goals. However, some trainees may not be initially interested in attending training programs. The importance of these programs must be clearly explained to the employees to motivate and encourage their participation. This will help employees understand and contribute to organizational goals more effectively. Without this buy-in, the training initiatives may fail to achieve their intended outcomes.