Activities of General Banking and Market Development of First Security Islami Bank Ltd.

Abstract

Internship students are required to prepare an internship report under the guideline of academic supervisor on the selected subject matter to highlight work experience and to conduct depth analysis on the subject matter. The specific objective of this report is to earn practical knowledge working in the General Banking Department of First Security Islami Bank Ltd. The report focused on the activities that I am learning through my internship period in First Security Islami Bank Ltd. Finally, as the theoretical knowledge gets complete shape only when it is applied in practical fields so this internship program is, in fact, a great endeavor to make the student familiar with a real business situation. As a bank of 21 century, the First Security Islami Bank uncompromisingly adopts modern technology at all levels of its operations to improve efficiency and reduce cost per transaction. This report has used data both primary and secondary sources. Primary sources are asking the question to the branch manager and other employees of the branch and customer of First Security Islami Bank. As a secondary source, I used 2017 to 2018 annual reports, the website of First Security Islami Bank, and different books and articles regarding general banking functions and their productivity. First Security Islami Bank Ltd is one of the third generation banks in Bangladesh and has a strong position in the current competitive market. First Security Islami Bank Ltd is trying to develop its reputation among its clients by offering excellent services through General Banking, Credit Division and especially the Foreign Exchange Division. They also introduced an online banking service. After completing the internship program I have come to know banks, bankers and banking activities, especially on General Banking. Visiting the General Banking department I have found it is more wide and sensitive comparing other departments. Any kind of major error could create a great loss for the bank. This General Banking department is one of the major income-generating sectors for the Keraniganj branch. Though it is difficult to explore all activities of General Banking with this short period of time, I tried to explore and gather knowledge.