Deposit Analysis of The City Bank Limited

Abstract

The city bank limited is a very well-known bank in Bangladesh. It established in 1983. It is a first ranking bank in Bangladesh. I work on there as a intern. In my internship time period I learn many things from the bank. All the employees are very helpful. I work on deposit, loan and LC. My intern topic is “deposit analysis of the city bank limited”. There are several deposit products of city bank. Generally customer comes to bank to save their many. Some comes for business purposes. Many customer deposits their money. The bank has to give interest on it. The interest rate is not same per year. So the deposit amount also fluctuates per year. For example in 2014, the economic condition in Bangladesh was no good as a result the all over deposit amount was reduced in that year. By my analysis I tried to find out that why per year deposit amount has increased and decreased. In my report, at first I present the background of city bank limited and their activities. In my body part, I present the deposit product. They have offered several products on deposit. And finally I analyzed the deposits schemes of the city bank limited. There are four major sides to get the deposits. Like current deposit account, savings deposit account, pay orders and fixed deposit account. Generally per year deposit has increased. I think one of the reasons is, the bank gives target to their employees. From my analysis I found that fixed deposit plays the main role to generate the deposit for City bank. In recent year, fixed deposit percentage was around 65%. The next large area of deposit scheme for the bank is current account deposit which proportion was around 21 percent. The other two components: bill payable and current deposits have negligible role in generating deposits for bank. So I think The City Bank Limited focuses on the other two components to enhance their overall deposit.