|dc.description.abstract||The report begins with an analysis of Bangladesh's banking sector. Then, the organizational
analysis of Janata Bank Limited and, finally, the internship experience and the learning
experience are covered in the report.
Different type of activities is happing within every banking industry. They are working in
accounting opening section to help their customer about opening any account to start a new
business with bank. They have remittance segment where that is an exchange of cash by an
unfamiliar specialist to a person in their nation of origin. It has an extraordinary effect in a
nation's economy. They are also working in cash segment as monetary foundations to develop
the economic condition of the country. Commercial banking industry is providing loan, doing
import-export and gain profit from those sector that are the contribution from them in our
economy. The activities of the overall banking industry I have tried to describe here.
This report has three objectives, those are:
✓ To analyze the commercial banking industry in Bangladesh
✓ To analyze and present the strategic condition of Janata Bank Ltd.
✓ To describe internship experience at Janata Bank Ltd.
This report is significance for us, for the management of Janata bank, for those companies is
participated in this banking industry and also significance for the policy maker. The analysis of
the banking sector begins with the specification of the industry, including the type of banks.
Next, I have discussed the history, size and maturity of the Bangladeshi banking sector.
The banking sector of Bangladesh is mainly two types one is scheduled bank that acquire license
to operate under bank company act, 1991(Amended up to 2013). Another one is non-scheduled
bank that is established for special and definite objective and operate under the acts that are
enacted for meeting up those objectives.
At the beginning of 1971, 12 banks and 1,130 branches operated in East Pakistan. The basis of
the independent banking system in Bangladesh was established in 1972 with the establishment of
the Bangladesh Bank, the former National Bank of Pakistan, with the Bangladesh Bank and as a
whole at the Central Bank Office in Dhaka, Bangladesh.
Bangladesh's banking sector is relatively large compared to many economies with similar levels
of development and per capita income. The financial system is dominated by the total volume of
the sector, which represents 26.54% of GDP. There also a part of non-Bank Financial Institutions
(FIs) that is kinds of monetary organizations which are managed under the Financial Institutions
Act, 1993 and constrained by Bangladesh Bank.
The main seasonal pattern for the banking sector is the annual threshold from the end of January
to February, followed by a surge in credit that starts in March and lasts until May, generally
summit toward the beginning of June that is under the seasonality of the banking industry in
The report also discusses external economic factors to help you understand the fierce
competition and attractiveness of the industry. In this part I have discussed about recession that
will give an idea about how the present global situation effect in banking industry. Pandemic
situation, war of Russia-Ukraine are the cause for declining deposits, opening letter of credit and
makes huge negative effect in our banking industry. Inflation affects the currency value that’s
why banking industry suffers a lot. Inflation also reduces purchasing power High interest rates
paralyze business, reduce lending and ultimately reduce investment.
Technical factors play an important role in the banking sector. Banks now use e-mail to send
documents from one branch to another, reducing paper consumption, so we don't have to send as
much paper as we copy manually. Political Factors contains defilement among ideological
groups, or explicit regulative regulations like work regulations, exchange limitations, duties, and
political dependability. The Banking business sector maintains legitimate regulations concerning
protection, customer regulations, and exchange development to affirm structure inside the
business. Different obstacles are like trust, individuals keep more confidence in notable large
banks that have major shares in the market since this industry manages individuals' cash and
monetary truth are the cause of barriers to entry for banking industry.
Then, the organizational analysis section begins with an overview of the JanataBank Limited
history. Next, Zanata Bank's trends and growth are explained on the basis of the size of the
deposit, the net income after tax and the earnings per share. The report also covers Janata Bank
products, customer base and operations. After performing the SWOT analysis Janata Bank's
main strength is its large customer base, its weaknesses are lack of technical resources, expertise
and management knowledge, and threats are new from privatized banks and from foreign banks.
During my internship, I work mainly in a general banking and learn banking terminology,
policies and procedures. I learned about communication, interpersonal skills, teamwork and
hands-on experience. I also find ways to improve in this real professional experience. Relevant
conclusions of this report become completed.||en_US