Tuesday, January 21, 2014

Prime Bank

PART - 1 INTRODUCTION Executive Summary: Banking scheme of Bangladesh has g sensation d whizz three phases of development- Nationalization, Privatization, and Lastly fiscal Sector Reform apex Bank Ltd. (PBL) has started its journey as a private commercialized bank on seventeenth April, 1995. While we went to the PBL, we were placed in three vital departments. These were: ? global banking ? Credit ? conflicting modify General banking is the beginning arcdegree of all the banking operations. It is the department, which provides day-to-day work to the nodes. It opens new accounts, send linchpin funds, issue bank drafts and pay orders etc. Provide client through quick and sincere service is the goal of the restraint banking department. Bank credit is an important catalyst for bringing virtually economic development in a country. Without adequate pay, thither can be no growth or assist of a stable economy. Prime Bank Limited, being on e of the largest private commercial bank of the country, has some prejudice to pay directly on priority basis to agriculture, industry and get 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.
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Providing different sorts of credit and schemes like loan against merchandise swap (LIM), Trust Receipt, Bank Guarantee, Industrial Loan, IT loan, Consumer Credit scheme, Executives gondola car Loan, mark Finance is the main spring of the credit department. Foreign deputise department plays sig nificant roles through providing different s! ervices for the customers. earn of credit is the key player in the unlike exchange business. With the globalization of economies, multinational trade has become rather competitive. apropos payment for exports and quicker delivery of goods is, therefore, a pre-requisite for thriving 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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