Internship Report On General Banking of First Security Islami Bank Ltd. (FSIBL)

Firs Security Islami Bank Logo
A banking institution is indispensable in a modern society. It plays a pivotal role in the economic development of a country and forms the core of the money market in an advanced country. In recent times the banking sector over the world has been undergoing a lot of changes due to deregulation, technological innovation, globalization etc. Bangladesh banking sector is lagging for behind in adopting these changes. Bank plays an important role in the business sectors and in the industrialization of a country. Basically the banks take deposits from the customers against interest and lend it to the borrowers against interest cessation period. Under these circumstances of bank offers different interest rates and other options to the customers to remit and deposit their money. These options are vary common among all the banks, but only the customer services and other facilities very from bank to bank.
In our country there are Govt. Banks, Semi Govt. Banks, and Private Sector Commercial Banks of Bangladesh and also it is the third generation private commercial bank in Bangladesh. It started its crucial moment when Bangladesh economy was undergoing through massive economy reforms and pursuing unilateral and multilateral trade liberalization with the backdrop of the World Bank made International Monitory Fund (IMF) recommendations. The First Security Islami Bank Ltd. (One of the Third generation Bank) with its eighty four (84) branches is providing the best quality services to the customers and client. Head Office of the FSIBL located in Dilkusha, Motijheel.
Banks are the pillars of the financial system of any country. Specially, In Bangladesh, proper banking system is very important and essential to play a vital role, because our capital market system is not advanced like other country’s capital market.
I have done my internship on a new and important bank, the First Security Islami Bank Ltd. (FSIBL). My internship report is based on the General Banking Activities: A Case study on First Security Islami Bank Ltd, to gather knowledge for my future career and to identify the problems regarding this matter and to overcome the problems.

FSIBL has variety of Asset and Liability products, which can provide it a strong foothold in the current banking world. The financial condition of the bank is also very progressive and I think it will be able to achieve a great market share in the future.
The commercial banking activities of the encompass a wide range of services like accepting deposits, making loans, discounting bills, conducting money transfer and foreign exchange transaction. This report basically deals with “General Banking Activities”.
Now a day of modern technology, computer and online leads every sphere of lives including banking system, First Security Islami Bank Ltd (FSIBL) have experts in computer and online communication system.

However, the study has some shortcomings that are lack of knowledge to such type of survey, time limitations and respondents’ unwillingness to cooperate. This report is prepared on the basis of information collected from both secondary and primary sources and every effort has been made to ensure that the information compiled in the report is accurate. 
by md.safikur rahman sumon