Credit Risk Management of National Bank Limited, Bangladesh

Chapter 01 Introduction 1.1 Foundation of the Report: MBA program of University of Dhaka, Department of Accounting and Information Systems is organized and tailored to provide the students with the conceptual, theoretical and practical tools of analyses. Special stresses are given on theory and practice them under an organization. Therefore, as an internee I have completed my practice session and prepared this required report based on investigations carried out by me in National Bank Limited (NBL). As an internee student I have tried my level best to cover the contemporary credit risk management system of National Bank Limited in this report. 1.2 Objectives: Broad Objective: To analyze the Credit Risk Management policy. Specific†¦show more content†¦With this end in view, NBL has continued its efforts to provide prompt and improved services together with proper counseling in financial to all clients. NBL’s objective has been identifying the proper sector and extending best investment consultancy. Keeping the idea of middle and lower middle class in mind the bank has introduced consumer credit schemes, providing small credit to such borrowers who repay in easy installments. The bank is earning significantly by managing liquid assets. NBL mainly caters to the trade finance market. Its principal areas of financing are trade business, export-import, setting up mills factories, garment, knitwear, supply of working capital, shrimp culture, real estate, rural development program, etc. Credit facilities are also allowed to contracting firms to support proper execution of work/supply, orders relating to overall development including infrastructure of the country received by them from the government and different important organization. NBL earned international reputation for its success in different banking activities especially in foreign transaction. Since the very beginning, the Bank exerted much emphasis on overseas operation and handled a sizeable quantum of homebound foreign remittance. The Bank established extensive drawing arrangement network with Banks and Exchange Companies located in important countries of the world expatriatesShow MoreRelatedCentral Bank And The Role Of The Bank Of Formulating Monetary Policy And Its Management Essay1312 Words   |  6 PagesUnderstanding central bank and the role of bb as central bank in formulating monetary policy and its management Introduction- The Central Bank is the utmost authority that is employed by the government to formulate monetary policy to guide the economy of a country. Monetary policy is defined as the regulation of the money supply and interest rates by a central bank. Monetary policy also refers to how the central bank use the interest rates and the money supply to guide economic growth and controlRead MoreIntern Report on Credit Risk Management of Ncc Bank Limited8134 Words   |  33 Pageswith NCC Bank Limited; a well reputed private sector commercial bank has been assigned to prepare a project paper on â€Å"Credit Risk Management of NCC Bank Limited†. Eventually a report with proper analysis and possible solutions of the organization is hereby submitted to Rony Kumar Datta, Lecturer, Department of Business Administration, Shanto-Mariam University of Creative Technology. 1.2 Objectives of the Study General Objective To examine the overall credit risk management of NCC Bank Limited- a commercialRead MoreE-Banking in Bangladesh3396 Words   |  14 PagesE-BANKING IN BANGLADESH FUTURE, HURDLES PROSPECTS 1.0 E-BANKING - INITIAL INTRODUCTION E-banking is defined as the automated delivery of banking products and services directly to customers through electronic, interactive communication channels. Customers access ebanking services using an intelligent electronic device, such as a Personal Computer (PC), Personal Digital Assistant (PDA), Automated Teller Machine (ATM), Kiosk, or Touch Tone Telephone. E-banking refers to the PC Banking, InternetRead MoreThe Financial System of Bangladesh4855 Words   |  20 PagesOverview of Financial system of Bangladesh The financial system of Bangladesh is comprised of three broad fragmented sectors: 1. Formal Sector, 2. Semi-Formal Sector, 3. Informal Sector. The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like Banks, Non-Bank Financial Institutions (FIs), Insurance Companies, Capital Market Intermediaries like Brokerage Houses, Merchant Banks etc.; Micro Finance InstitutionsRead MoreCustomer Satisfaction Towards E-Banking Services: a Case Study on Ific Bank Ltd.6472 Words   |  26 Pagesthings is no longer valid. Change is permanent and a reality. Those who are not able to keep pace with the changes are destined to loose the race. Science and technology is changing the way financial institutions perform their transactions. Today’s banks are shaking by these technological changes. Life has never been so easy, comfortable, and luxurious. Science and technology have brought our life to this stage. But a new technology brings with it not only the potential for success but also a never-endingRead MoreLoan Disbursement and Recovery System of Ific Bank Limited18002 Words   |  73 Pagesâ€Å"Loan Disbursement and Recovery Syst em of International Finance Investment and Commerce Bank Limited† Internship Report â€Å"Loan Disbursement and Recovery System of International Finance Investment and Commerce Bank Limited† Submitted to: Md. Shajul Islam Assistant Professor Department of Business Administration Stamford University Bangladesh Submitted by: Md. Razib Ahamed ID No: BBA 03712192 An internship report submitted in partial fulfillment of the requirement for the DegreeRead MoreLoan Classification, Provisioning and Debt Default Trend in Mercantile Bank Limited15739 Words   |  63 PagesLOAN CLASSIFICATION, PROVISIONING AND DEBT DEFAULT TREND IN MERCANTILE BANK LIMITED SECTION – 1 INTRODUCTORY PART 1.1 Preface Now a day present world especially the Asian countries are going through an economic recession. Though the Asian economic crisis began few years back and it is some how tackled today but the 11 September incident aggravated the disorder in the economic infrastructure of our country. Our economy is much dependent on foreign aids. The World Trade Centre incidentRead MoreEffect of Automation on the Performance of Commercial Banks in Bangladesh14184 Words   |  57 Pageschapter-01 01. Introduction: AB bank limited first started on line banking service in Dhaka city. After that all branches of AB bank started online banking service. By flowing AB bank limited, now all private commercial banks are providing any branch banking service by online banking technology. On line banking is one of most important service of commercial bank. All commercial banks in Bangladesh trying to improve their service by using modern technology like online banking. And time to timeRead MoreCredit Risk Management of Basic Bank23409 Words   |  94 Pagescourse requirement, I was assigned to do my internship at Bangladesh Small Industries and Commerce Bank Limited popularly known as BASIC Bank Limited for the period of three months starting from December 20, 2006 to March 20, 2007 as an intern by the Internship Placement Committee of Department of Accounting Information Systems, University of Dhaka. Here at BASIC Bank, I was assigned to work at Loans and advances Division of BASIC Bank, Moulvibazar Br anch, Dhaka, Mr.Khan Iqbal Hasan, AssistantRead MoreLoan Portfolio Management23089 Words   |  93 PagesLoan Portfolio Management Introduction Background: L ending is the principal business activity for most commercial banks. The loan portfolio is typically the largest asset and the predominate source of revenue. As such, it is one of the greatest sources of risk to a bank’s safety and soundness. Whether due to lax credit standards, poor portfolio risk management, or weakness in the economy, loan portfolio problems have historically been the major cause of bank losses and failures. Effective

Development Technical Department Of Nigeria And Nigeria

Between 2003 and 2009, poverty fell from 22% to 7% in Brazil. In the same timeframe, income among the poor in Brazil increased seven times as fast as that of the rich. These results came, in large part, because of Brazil’s cash transfer program, Bolsa Familia which presented the country’s poorest households with cash transfers conditional upon meeting health and education standards for their children. Thanks to results like these, the world paid attention to CT programs and began to copy them, including in Africa. The results have been mixed but more hopeful than not. CT programs offer a qualified hope for African development provided that the programs have an adequate scope, proper accountability measures and institutional strength as seen through the case studies of Malawi and Nigeria. Many African governments chose to adopt CT programs in the last decade and a half. Charity Moore, a lead at Harvard Kennedy School s Evidence for Policy Design and Marito Garcia a lead Economist at the Human Development Technical Department of World Bank’s Africa Region conducted research for the World Bank on CT programs. They found that 120 programs have been implemented in Africa between 2000 and 2009. Despite variances in size, scope and structure, the fundamental premise of the programs remain the same. They aim to provide the poorest households with the funds needed to meet basic needs. This then creates the necessary margin and stability for poor households to make wise long-termShow MoreRelatedThe History of Agriculture in Nigeria from the Colonial Era to the Present Day4122 Words   |  17 PagesHISTORY OF AGRICULTURE IN NIGERIA FROM THE COLONIAL ERA TO THE PRESENT DAY The agricultural history of Nigeria is intertwined with its political history. This is discussed broadly in the context of the varying constitutional frame works, viz: Colonial, the Internal Self Government and the Post-1960 periods, according to sectors. Crop Production: The period of the colonial administration in Nigeria, 1861-1960, was punctuated by rather ad hoc attention to agricultural development. During the era, considerableRead MoreEffects Of Occupational Exposure On The Workplace1638 Words   |  7 PagesTaking up an occupation or work either as a full time worker, part time worker or an industrial trainee within any organization simply implies working under the terms and conditions which that organization imposes. Such includes the human nature, technical nature and environmental impact risks. Workers and trainees in a workplace are both exposed to the unforeseen and sometimes violent events that arise from work situations which may cause cuts/lacerations, burns, fractur es/dislocations, contusionRead MorePrivate Sector Housing Delivery: Challenges and Prospects in Nigeria3366 Words   |  14 PagesPrivate Sector Housing Delivery in Nigeria (Challenges and Prospects) A GROUP TERM PAPER REG. No.: HEM 1137- HEM 1146 DEPARTMENT OF ESTATE MANAGEMENT AND VALUATION SCHOOL OF ENVIRONMENTAL STUDIES; FEDERAL POLYTECHNIC, NASARAWA, NASARAWA STATE e-mail: fpnas@yahoo.com, Tel.: +234 – 047-66701, 66707 047 – 66238 (DL) JULY 27, 2012 Private Sector Housing Delivery in Nigeria: Challenges and Prospects BY ISAAC, OKORONKWO .C. Department of Estate Management and Valuation, School of Environmental StudiesRead MoreOrganizational Behaviour- Case Study Zain Nigeria3299 Words   |  14 PagesZaiN Nigeria Introduction A firm‘s organizational structure refers to its formal system of task and reporting relationship controls, co-ordination and motivation that employee are encouraged to work together to achieve organizational goals. It is a pattern of interaction and co-ordination that links technology tasks and human components of the organization to ensure that the organization accomplishes it purpose. (Andrzej A Huczynski, David A.Buchanan, 2007) .Organizational structure allowsRead MoreHistory of Agricultural Extension3609 Words   |  15 PagesA TERM PAPER ON THE HISTORY OF AGRICULTURAL EXTENSION IN NIGERIA AND ONDO STATE BY ALE, A.B (AEE/09/8837) SUBMITTED TO PROFESSOR EWUOLA AEE 835 COURSE LECTURER JUNE, 2010 Introduction The history of a particular subject, people, profession or any phenomenon provides a record of events which took place in the past to enable us to appreciate the status, strengths and weaknesses of the events which took place in the past. This serves as a guide to others so as not to fall intoRead MoreProblems of Education in Nigeria and Prospect3739 Words   |  15 PagesSystem in Nigeria Problems and Prospects L. O. Odia1 and S.I Omofonmwan 2 1. Universal Welfare Sustainable Community Development Center, Benin City, Nigeria 2. Department of Geography and Planning, Ambrose Alli University, Ekpoma, Nigeria E-mail: profomofonmwan@yahoo.com or odialucko@yahoo.com KEYWORDS Education; problems; prospects; standards; research and development ABSTRACT This paper examines the problems and prospects of education in Nigeria. Education is the bedrock of development. But unfortunatelyRead MoreDesign Of Auxiliary Lube Oil System708 Words   |  3 Pagesdiesel turbine. †¢ My name is Asogbon Mebinone Meshack, am from Ondo State Nigeria part of West African. I obtain my West African Examination Council, at Comprehensive High School Itebu-Manuwa, Ogun State Nigeria. I further my education by getting admission into Amet University, formerly Academic Marine time Education and Training, Chennai . To study marine engineering, in collaboration of South Tyneside College, uk. Under Nigeria Marine time Administration Safety Agency (NIMASA).And I have got the ideaRead MoreProblems, Solutions and Prospects for the Development and Progress of the Banking Industry in Nigeria1209 Words   |  5 PagesAHMADU BELLO UNIVERSITY ZARIA FACULTY OF ADMINISTRATION DEPARTMENT OF ACCOUNTING AUDIT MANAGEMENT ACCT 707 USENI YUSUF ONWUDE MBF/ADMIN/0483/2009-2010 [pic][pic]INTRODUCTION SOLUDO.C (2004: 4) The Nigerian banking system has undergone remarkable changes over the years, in terms of the number of institutions, ownership structure, as well as depth and breadth of operations. These changes have been influenced largely by challenges posed by deregulation of theRead MoreGlobal Fight For A Greener Planet And Sustainable Forest Management1468 Words   |  6 PagesIntroduction FAO (2005) reported that about one half of the forests that covered the Earth are gone. Africa suffers the second largest net loss in forests with 4.0 million hectares cleared annually. At 11.1%, Nigeria s annual deforestation rate of natural forest is the highest in the world and puts it on pace to lose virtually all of its primary forest within a few years (Rhett, 2005). Many of the environmental problems encountered globally today, are being attributed to deforestation and subsequentRead MoreNigerias Public Service Reform Process: Human Resource Issues6126 Words   |  25 Pages................................................................................................ 3 Human Resources and National Development ...................................... 4 Problems in Human Resource Development and Utilization: a Review of Policies and Practices...................................................................... 10 Human Resource Development and Utilization: Short- and MediumT erm Measures.................................................................................

Unit Assignment free essay sample

There are many different ways to go about this topic the one I am going to pick Is a public key Infrastructure (PKZIP). One of the security options that we are going to use is Privacy or confidentiality. This will keep all information secret from all people unless you are authorized to see it. This will help with employees not finding things that they should not see like social security numbers, address, and sensitive documents for the company and so on. Having this as a security options is great. I would implement this on all of the networks that I would manage.The next feature that I will suggest to Irishman Investment would be Access control. Access control restricts access to network resources and would require the user to have privileges to the resources. This would go hand and hand with the first feature that I suggested. You will need this for the first feature that I picked to give the users proper permissions to resources and this will help keep users out that should not have access to the resource. Issue 3: There was a lack of urgency in notifying the Secretary of Veterans Affairs by his immediate staff. They did not notify the Secretary until 16 May 2006 a full 13 days after the theft of data.This was not clearly identified as a high priority incident and there was a failure to follow up on the Incident until after they received a call from the Inspector General (Offer, 2006). Issue 4: Information Security officials failed to effectively trigger appropriate notifications and begin an Investigation of the stolen data. The Information security officials Incident report contained omissions and escalating errors. This resulted in missed opportunity to re-create the contents of the laptop ND external drive and to recognize the severity of the potential loss of data.The subjectivity operations officials failed to ensure a timely investigation and notifications were made regarding the severity of the lost data (Offer, 2006). Issue 5: VA Policies, procedures and practices were not easy to identify, were not current, nor were they complete. The VA policies and procedures for safeguarding against disclosure of private information were inadequate with regard to preventing the data loss incident. The policies and the procedures for reporting and investigating lost or toluene private data was not well-defined In the VA policies (Offer, 2006). Recommendations: 1 . Implement a centralized Agency-Weld Information Technology (IT) security program. 2. Implement a patch management program to ensure programs and applications are up-to-date with security patches. 3. Implement effective monitoring and correct security vulnerabilities. 4. Deploy and install Intrusion Detection Systems (IDS). 5. Implement and use Configuration Management. 6. Utilize application program/operating system change controls. 7. Install more triggering physical access controls. 8.Utilize penetration testing to test the security of the wireless network. 9. Encrypt sensitive, personal and proprietary data on VA networks. 10. Implement training for VA employees and contractors by utilizing training modules which are up-to-date (Offer, 2006). 11. Establish one concise and clear VA policy on safeguarding protected data when stored and not stored on a VA automated system. Ensure this policy is easily and readily accessible to employees. Hold employees accountable for non- compliance (Offer, 2006). 2.Establish a VA policy and procedures which provide clear and consistent standards for reporting, investigating, and tracking incidents of loss, theft, or potential disclosure of protected data. Include specific timeshares and responsibilities for reporting within the VA chain-of-command, Office of the Inspector General (If appropriate or applicable) and other law enforcement agencies. Ensure the policy and procedure specifies when it is appropriate to notify individuals whose protected data may have been compromised (Offer, 2006)

Reflection Paper on Alcohol free essay sample

Considering the fact that drinking affect rational thought, and causes people to act stupid, it can annoy and distract other residents from studying or sleeping when they really need to. It also makes us spend less time focusing on our school work ourselves. In order to ensure that the TJ community is conducive to education, I plan on not partying any more in the dorm rooms and to lso keep a watch on how loud we are being otherwise. If some friends are about to do the same things we were involved in, I will try to warn them of the consequences they could face for it. My involvement in this situation has taught me to take resident hall policy seriously, and to not try and break the rules to have a good time. I will also make sure that I completely understand all the rules before I move in next year. We will write a custom essay sample on Reflection Paper on Alcohol or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As I stated above, I plan on not partying anymore in the dorm rooms and to obey the rules completely in order to prevent this sort of thing from happening again. I have had a rude awakening that taught me to think about what might happen instead of the â€Å"just go for it† attitude that I had previously. Some additional thoughts I have are that I would like to apologize for being a little rude in the interview, and I’m sorry that all of this happened.