INTRODUCTION
Executive Summary:
Banking system of Bangladesh has g sensation done 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 17th April, 1995.
While we went to the PBL, we were placed in three vital departments. These were:
? General banking
? Credit
? Foreign modify
General banking is the beginning point of all the banking operations. It is the department, which provides day-to-day services to the nodes. It opens new accounts, send back funds, issue bank drafts and pay orders etc. Provide customer through quick and sincere service is the goal of the command banking department.
Bank credit is an important catalyst for bringing some economic development in a country. Without adequate pay, there can be no growth or tending of a stable economy. Prime Bank Limited, being one of the largest private commercial bank of the country, has some prejudice to finance directly on priority basis to agriculture, industry and doctor 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 imported swap (LIM), Trust Receipt, Bank Guarantee, Industrial Loan, IT loan, Consumer Credit scheme, Executives Car Loan, mark Finance is the main spring of the credit department.
Foreign deputise department plays significant roles through providing different services for the customers. earn of credit is the key player in the foreign exchange business. With the globalization of economies, multinational trade has become quite competitive. apropos payment for exports and quicker delivery of goods is, therefore, a pre-requisite for successful 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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