SME division of BRAC Bank Limited

Abstract

Business banks have a vital impact in the financial advancement of a nation. As a completely operational business bank BRAC Bank Limited has developed as a market pioneer in the private banking sector, changing the example of SME financing by achieving unexplored market specialties. This report is prepared as a requirement for the successful completion of my internship program at BRAC Bank Limited (Head Office). This report has been divided into two broad segments: First chapter consists of a brief description about the organization, corporate Mission, Vision, Values and CSR Activities. This part also includes a brief detail about the day-to-day duties and responsibilities that I was required to perform as an intern. The second chapter is based on the topic of this report “SME Division of BRAC Bank Limited. As a part of the internship program I got the chance to work for a period of three months in the Archive Operation under Central operation department BRAC Bank Limited. During this period, I have learned about this organization and the operations that are conducted by the SME banking division. As this department have three segments, retail banking, corporate banking and SME baking. I work with the part of SME in this department. SME Banking Division is a business division of BRAC Bank Limited that deals with Small and Medium Sized Entrepreneurs involved in different types of business. SME banking division primarily provides loans to small and medium sized trading, manufacturing, service, agriculture, non-farm activities and agro-based industries located across the country. SME loan have several products but mostly they provide three products and those are APURBO, ANNONO, TARA. They have other loan products but in rural areas they didn’t provide those loans such as new launching product is BAHON. Any rural part of BRAC bank will not provide loan for that. Only city areas will be included for this loan product.