Internship Report On Dutch-Bangla Bank Ltd

Economy of Bangladesh is in the group of world’s most underdeveloped economics. One of the reasons may be its underdeveloped banking system. Modern banking system plays a vital role for a nation’s economic development. Over the last few years the banking world has been undergoing a lot of changes due to deregulation, technological innovations, globalization etc. These changes also made revolutionary changes of a country’s economy. Present world is changing rapidly to face the challenge of competitive free market economy. It is well recognized that there is an urgent need for better-qualified management and better-trained staff in the dynamic global financial market. Bangladesh is no exception of this trend. Banking sector in Bangladesh is facing challenges from different angles though its prospect is bright in the future. Money and banking is the center around which all economic science clusters. In 1993 during the implementation of Financial Sector Reform Project the international expert Harris Jafry proposed first to introduce MBM program at BIBM to mitigate the deficit of efficient manpower in banking sector. In his FSRP report he said “The MBM degree program would be developed and implemented in collaboration with some well-known foreign university that would approached to provide support to the program during the initial years”. The two year MBM program consists of eight terms, having three months in each term. As per the requirements of the MBM program we were placed to different banks for the matter of having practical exposure to banking practices. As a student of MBM I have been deputed to Dutch-Bangla Bank Limited (DBBL).

1.2 Objective of the Report
The primary objective of the study is to meet the partial requirements for the fulfillment of the course ‘practical orientation in banks’. The core objectives of the practical orientation program in banks are as follows –
To fulfill the partial requirement of 4th term, MBM program.
To gain practical exposures in different banking activities, this will be helpful for the second year courses of MBM program.
To familiar with the working environment in bank.
To apply theoretical knowledge in the practical field.
To observe and analyze the performance of the specific branch and the bank as a whole.
To be acquainted with day to day functioning of service oriented banking business.
To study existing banker customer relationship
To learn about foreign trade.
To learn about loans and advances.
To learn about general banking.
To know about the function of administration.

1.3 Methodology
In order to make the report more meaningful and presentable, two sources of data and information have been used widely.
The ‘Primary Sources’ are as follows –
Face-to-face conversation with the respective offices the branch.
Informal conversation with the clients.
Practical work exposures on different desks of the branch covered.
Relevant file study as provided by the officers concerned.
The ‘Secondary Sources’ of data and information’s are –
Annual report (2000) of Datch-Bangla Bank Limited.
Periodicals published by Bangladesh Bank.
Different publications regarding banking functions, foreign exchange operation and credit policies.
The internet was also used as a theoretical source of information.

A proper procedure has been taken to complete this study. The procedure were as follows:
a. Observing the procedure of banking activities followed by each department.
b. Face to face discussion with the respective personnel.
c. Reading various files.
d. Desk work: During the practical orientation I worked in the following desk for a period of 2.5 months.

1.4 Job Rotation Schedule
The different departments of principal branch have been covered by me as per the ‘Job Rotation Schedule’ prepared by the Dutch-Bangla Bank LTD. (DBBL) during my practical orientation period. The following shows the job rotation schedule.
General Banking: From 21.02.03 – 05.03.03
Accounts: From 15.01.03 – 20.02.03
Loans and Advances: From 06.03.03 – 31.03.03
Foreign Trade: From 01.04.03 – 15.04.03

1.5 Plan of Presentation
The report is divided into five parts. Chapter one contains ‘Introduction’. Chapter two contains ‘Organizational overview’, which includes history of DBBL, its management and function. Chapter three describes ‘General Banking’. Chapter four comprises with ‘Credit Department’. Chapter five contains ‘Foreign Exchange’ and Chapter six includes ‘Observations and Conclusion’.
1.6 Limitations
A good report ‘sells’ the results of the study, but it should not oversell. Every project has limitation.
I faced some usual constraints during the course of my Practical Orientation.
a. Time was inadequate
b. Inadequate data sources