Internship Report on Commercial Banking Practice in Bangladesh: NCC Bank View

As an intern I was appointed to NCC Bank Limited Moghbazar Branch, for three months under the supervision of the general banking division in-charge, NCC Bank Limited. The objective of this 3 months internship was to get practical knowledge about the process of General Banking activities and its application in Bangladesh.
This report highlights the Historic progress of Overall Banking System with wide range of banking and financial activities as well as products and services offered by NCC Bank Limited to its customers in order to maintain quality of service.
Overall Banking System can be divided into three categories. These are General banking activities, Credit or loan advance activities and foreign exchange activities. General banking does the most important and basic works. It also plays a vital role in deposit mobilization. The efficiency of the general banking activity reflects the whole service given by that bank. Credit division is the heart of the banking system as in NCC which is responsible for allowing all the credit facilities given to the potential customers. Lease financing, Micro credit, and cash credit are the most given credits of this bank which plays an important role in expanding lending base and in increasing income. Foreign exchange activities is one of the important and major sources of income of the bank, which gives proper care to serve the importers and exporters of various goods with officers having expertise in the field.

This report will mainly focus on the activities of General Banking Division of NCC Bank Limited. Focus will also be given on general activities of foreign exchange and investment division briefly.

I expressed my observation and personal experience on the banking systems. I made necessary recommendation to be adjusted to maintain the organization journey to the excellence according to my viewpoint. To summarize the whole situation, I would like to mention that NCC Bank Limited is putting a lot of efforts to regulate the banking system and as per my understanding NCC Bank Limited will definitely progress with the modernization of business environment as time progresses.
by rakib khan