Report on Introduction to Exim Bank

In: Business and Management

Submitted By zaman49
Words 312
Pages 2
EXIM BANK LIMITED AT A GLANCE Exim Bank Ltd. started its operation on 3rd August 1999 as a scheduled commercial bank as per rules and regulations of Bangladesh Bank. The initial name of the bank was BEXIM (Bangladesh Export Import Bank). On the later time litigate with BEXIMCO Company Ltd. The authority changed the name and keep name EXIM Bank Ltd. This is a private commercial bank.

With general commercial banking EXIM Bank plays an important role and contribution toward conducting business in the countries exports and imports. Providing financial assistance to exporters and importers, and for functioning as the principal financial institution for coordinating the working of institutions engaged in financing export and import of goods and services with the view to promoting the country’s international trade and for matters connected there with or incidental there to.

Thus, EXIM Bank is the apex body in respect of Export and import finance. EXIM Bank provides loan for extending export and establishing alternative imported industry very easy condition. To the commercial banks, EXIM bank offer refinances and rediscount facilities against export advances made by them.

To the banks overseas, EXIM Bank offers re-lending facilities to enable them to finance imports from Bangladesh. For these reasonable causes the establishment of EXIM Bank is a new emergence of the banking function. It is governed by the banking companies act. 1991.

For bringing of diversity of banking, EXIM Bank has evolved a number of new schemes. For ensuring the best and modern customer service, EXIM Bank has been using computer and other moderate technology to conducting banking operation from its inception. Their increasing activities call for expansion of network and in line with demand they hope to open a few more branches in the days to come. They are also committed to provide…...

Similar Documents

Performance Analysis on Exim Bank in Bd

...Grameen’s business empire Grabbing Grameen Property rights in peril in Bangladesh Jan 28th 2012 | from the print edition * * Some day, all this will belong to the state HE IS probably Bangladesh's most celebrated citizen. Muhammad Yunus, winner of the 2006 Nobel peace prize, founded Grameen Bank in 1983 to provide tiny loans to poor rural women. Grameen became a global model for microfinance. It also spawned 48 other firms in sectors that stretch from textiles to mobile phones. Yet the Bangladeshi government seems determined to take Mr Yunus down a peg. In May 2011 the government pushed him out of his job as boss of Grameen Bank, saying that he was past the retirement age for someone running a government bank. (Grameen Bank mostly belongs to its borrowers but the state owns a slice.) Mr Yunus says this is just a pretext for a power grab. The government now wants to assert more control over other firms in the Grameen network, which includes assets worth an estimated $1.6 billion. In this section * Fleecing the flock * Faster, faster, faster * Research in commotion * Dotcom bust * Psst, wanna buy a law firm? * »Grabbing Grameen * The power of tribes Reprints Related topics * Partnerships * Companies * Industries * Telecommunications * Technology industry This is controversial, to put it mildly, not least because some Grameen firms have big foreign partners. Grameenphone, Bangladesh's largest telecoms......

Words: 551 - Pages: 3

Performance Evaluation of Exim Bank

...11 Internship Report Prepared by Md. Sabbir Jahan Performance Evaluation of EXIM by the Private Banks of Bangladesh “A Case Study on EXIM Bank Ltd” This Internship report is submitted for the partial fulfillment of The degree of “Master’s of Business Administration” with a major in “Finance&Banking” Prepared By: MD. Salahuddin ID: 136-34-21 Program: Master’s of Business Administration Major: Finance&Banking Semester: Supervised By: Md. Kamrul Hasan Lecturer Department of Business Administration Southern University Bangladesh Internship Duration: Submission Date: Dedication Dedicated to my family, friends who always pray to the Almighty Allah for my prosperity and also provided all kinds of support & inspiration………… Letter of Submission: Date: To Md. Shahidullah Manager EXIM Bank Ltd. Agrabad, Chittagong. Subject: Submission of Internship Report. Dear Sir, It is a pleasure to hand over the report of my internship program on “Foreign Exchange Management Practices of EXIM Bank Ltd” to you. This Internship program has provided me the opportunity to have the practical experience about my bachelor degree program by working with the employees of all departments in EXIM Bank ltd, Agrabad. It gave me valuable insights to the professional life in an organization specially about banking system. I, therefore convey my thanks to you......

Words: 2049 - Pages: 9

Investment Report on Exim Bank

...Chapter 1 INTRODUCTION Introduction We all know that Bank is nothing but a financial institution. And it’s a very much well known word to all of us. Bank actually serves as a financial intermediary. The term "Bank" may refer to one of several related types of entities like: Central bank, State- owned Commercial bank, Private Commercial bank or Merchant bank, Foreign Commercial bank, Specialized Development bank, etc. But when we use the term bank it generally means ‘commercial bank’ that collects the deposit from surplus unit of the society and then lends the deposits to the deficit units of the society. But the new thing is that how it operates and presenting its activities for the purpose of serving customer requirements to increase their well-being in the sense of wealth. Banks also provide many services for clients to make their life easy in this busy environment. In this competitive environment in today’s world, the entire bank increases their facilities in favor of their customers to retain them and capture more share of the market to be leader. The whole banking system is based on the Interest system. But according to the Islamic rules interest is not legal. So many people, who could be the potential customers of Bank, feel not to engage themselves in the banking system. To facilitate them in addition of the Conventional banking System there is another System we can see a banking world that run according to Shariah. This system......

Words: 7924 - Pages: 32

An Internship Report on Banking Efficiency of Exim Bank Limited

...An Internship Report On Banking Efficiency of EXIM BANK Limited 1.1 ORIGIN OF THE REPORT Reporting means the written presentation of the evidence and findings of a research. After completion of the internship program report submission is essential. The report is based on a topic that can satisfy both organization and my academic institution. Internship is the last part of my MBA course. Being a MBA student internship and report submission is essential for me. Without completion of internship and submission of report I cannot be able to complete my MBA course. This report is submitted to my internship supervisor, Jamshed Uz Zaman Northern University of Bangladesh, after completion of the three months internship program in the EXIM Bank Limited (Narayanganj Branch). I have assigned a topic “Banking Efficiency of EXIM Bank Ltd and the EXIM Bank Authority gave me the opportunity to work at the Narayanganj Branch for three months on the topic. 1.2 BACKGROUND OF THE REPORT In the later 19th century, Finance was a part of the Economics. But due to the globalization and more expansion of international trade, Finance plays the major role for the economic development. The development of a modern economy would not have been possible without the use of money. Bank is an important and essential financial institution for the necessity of the use of money and the protection of the money. Due to the globalization and technological innovation, banking business has become competitive.......

Words: 9284 - Pages: 38

Exim Report

...[pic] American International University-Bangladesh (AIUB) INTERNSHIP AFFILIATION REPORT ON “Letter Of Credit Procedure of EXIM Bank Ltd.” An Internship Affiliation Report Presented to the Faculty of Business Administration in Partial Fulfillment of the Requirements for the Degree of Bachelor of Business Administration Supervised By: Mr. Roomee Tareque Moudud Assistant Professor & Director (OPA) Faculty of Business Administration Submitted By: Faiza Irma Chowdhury ID # 09-14499-2 Major: Accounting & Finance Date of Submission: 22 July 2012 INTERNSHIP AFFILIATION REPORT ON “Letter Of Credit Procedure of EXIM Bank Ltd.” Letter of Endorsement The Internship Affiliation Report entitled LETTER OF CREDIT PROCEDURE OF EXPORT IMPORT BANK OF BANGLADESH has been submitted to the Office of Placement & Alumni, in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, Major in ACCOUNTING AND FINANCE, Faculty of Business Administration on 14th August, 2012 by Ms. FAIZA IRMA CHOWDHURY, Id # 09-14499-2. The report has been accepted and may be presented to the Internship Defense Committee for evaluation. (Any opinions, suggestions made in this report are entirely that of the author of the report. The University does not condone nor reject any of these opinions or suggestions). ______________________ Mr. Roomee Tareque Moudud Assistant......

Words: 8300 - Pages: 34

Performance of Exim Bank (2005-2009)

...Introduction Bank introductions EXIM Bank (Export Import Bank of Bangladesh Limited) was incorporated on June2, 1999 as a private sector banking company under the company’s act 1994 and started its operations on August3, 1999. The bank has authorized capital of BDT 3.5 billion and a paid up capital of BDT 2.68. The bank is listed in both DSE and CSE. Company Details Business Operations -Sariah based Islami banking service Chairpersons-Md. Nazrul Islam Majumdar Directors-Md. Faiz Ullah, Nasima Akhter, A.K.M Nurul Fazal, Zubayer Kabir, Md. Habibullah, Md. Abdul Mannan. Company Secretary-NA Registered Office -Plot No. SE (F): 9, Road No. 142, Gulshan Avenue, Dhaka-1212. Website-www.eximbankbd.com Auditor -Hoda Vasi Chowdhury & Co Highlights of Performance The bank has migrated all of its conventional banking operations into Sariah based Islami banking since July, 2004. The bank is providing services through 52 branches all over the country with a total manpower of over 1400. The bank has correspondent relationships with 26 foreign banks. Investment of the bank other than loans and advances were limited to government treasury bills, prize bonds and shares and debentures, and total investment during 2008 amounted to BDT 2.9 billion and made a profit after tax of BDT 1.1 billion. ROA and EPS of the bank stood 1.83% and BDT 40.95 respectively. The bank has a total asset of BDT 77.7 billion at June 30, 20096. Operating income stood at BDT 1.67 billion for the......

Words: 2898 - Pages: 12

Overall Banking Activities of Exim Bank Ltd., Bangladesh

...Export Import Bank of Bangladesh Limited” PREPARED FOR Shah Md. Abdul Bari Sr. Vice President Human Resources Division [pic] PREPARED BY Md. Mahmud Hossain Khan ID No. MBA 03007833 [pic] Submission Date – Letter of Transmittal Date: To Ms. Farhana Diba Lecturer Department of Business Administration Stamford University, Bangladesh Subject: Submission of Internship Report. Dear Sir, It is my great pleasure to submit internship report on the project titled “Overall Banking Activities of Export Import Bank Ltd.”. I have tried my level best in order to analyze this topic based on all the recent updated information as much as possible. I have gathered a lot of practical experience about the activities from Banking Services, during my internship period. It was interesting to gather some knowledge about the Banking Sector in Bangladesh. I have tried my level best to make this report an outstanding one. But still there might be some shortcomings regarding this report. I will whole heatedly welcome any suggestion to improve this report. I hope all of you will forgive flaws. Sincerely Yours, Md. Mahmud Hossain Khan ID No. MBA 03007833 Stamford University of Bangladesh CERTIFICATE This is to certify that the internship on EXIM Bank Limited titled “Overall Banking Activities of Export Import Bank” has......

Words: 13176 - Pages: 53

Bank Report

...Executive Summary We have selected AB Bank Limited from the list of promising Nationalized Commercial Banks (NCB) in Bangladesh for my project, it is my base bank and we have selected another bank for competitor Bank Asia, which involve with analysing the performance of a commercial bank listed in Dhaka Stock Exchange (DSE). We include the objective and limitation of this report at the starting. Then we discussed about the methodology that we follow to produce the report. Then we provided a clear time series analysis with graph for the two banks. And compare after finishing every ratio. At the beginning of my project, we gave brief information about the starting and current position of banking world in our country in the introduction part. Next, we discussed about my objective, methodology and the limitation on this report. Then we provided brief information about AB Bank in the background part. Next we also provided the basic and important information about this bank precisely. In the next portion we give literature review on this report. In this part we have provided the main concept of profitability ratios, liquidity ratio, leverage ratio, efficiency ratio, debt to equity ratio, and market position. The main and basic concepts are given in a short way. In the final portion, based on our analysis we provide some recommendation about how AB Bank could improve their performance and satisfy the current shareholders and also attract the new potential......

Words: 8457 - Pages: 34

Internship Report: -on-Customer-Satisfacti on-Level-of-Exim-Bank-Limited

...Internship-Report-on-Customer-Satisfaction-Level-of-EXIM-Bank-Limited Export Import Bank of Bangladesh Limited Is a public listed scheduled bank categorized in private sector and established under the ambit of Bank Companies Act 1991 and incorporated as a public limited company under the companies Act 1994 on June 02. The Bank started commercial banking operations effective from August 03, 1999. The bank converted its Banking operations into Islamic Banking based on Islamic Shariah from traditional banking operation in July 01, 2004 after obtaining approval from Bangladesh Bank. The bank is being managed and operated by a group of highly educated and professional team with diversified experience in finance and banking. A team of highly qualified and experience professional headed by the managing director of the bank who has best banking experience operate bank as dat the top there is an efficient board of director for making policies. The management of the bank constantly focuses on understanding and anticipating customers’ needs. At present the bank has real time centralized online banking branches throughout the country having smart IT- Backbone. Besides these traditional delivery points the bank has ATM of its own, sharing with other partner banks and consortium throughout the country. 1.1 Background of Report The products and services that are sold in the most favourable prices can be an initial step of the firm in obtaining the trust and be included in......

Words: 16717 - Pages: 67

Exim Bank

...Introduction Generally by the word ―Bank, we can easily understand that the financial institution deals with money. But there are different types of banks like; Central Banks, Commercial Banks, Savings Banks, Investment Banks, Industrial Banks, Co-operative Banks etc. But when use the term ―Bank without any prefix, or qualification it refers to the Commercial banks. Commercial Banks are the primary contributor to the economy of a country. So we can say Commercial Banks are a profit making institution that holds the deposit of the individuals & business in checking & saving account and then uses these funds to make loans. For these, people and government are very much dependent on these banks as the financial intermediary. As banks are profit earning concern; they collect deposit at the lowest possible cost and provide loans and advanced a higher cost. The differences between two are the profit for the bank. Banking sector is expanding its hand in different events every day. At the same time the banking process is becoming faster, easier, and the banking area becoming wider. As the demand for better service increases day by day, they are coming with different innovative ideas and products. In order to survive in the competitive field of the banking sector, all banking organization are looking for better service opportunity to provide their fellow clients. As a result, it has become essential for every person to have some idea on the bank and banking procedure...

Words: 816 - Pages: 4

Foreign Exchange Policy Exim Bank Limited

...FOREIGN EXCHANGE POLICY EXIM BANK LIMITED A CRITICLE EVALUATION (Internship Report) Supervisor Mr. Bazlur Rahman Lecturer Department of Marketing Studies & International marketing University of Chittagong Prepared By Md Sarwar kamal Roll: R 143042 Department of Marketing Studies & International marketing University of Chittagong March 2008 LETTER OF SUBMISSION Date: February 08, 2008 To Chairman Department of Marketing Studies &International Marketing University of Chittagong. Through, Supervisor Department of Marketing Studies &International Marketing University of Chittagong. Sub : Submission of Internship Report. Dear Sir, Here is my report on “Foreign Exchange policy of EXIM BANK Limited : A Critical Evaluation ” submitted to your honor. A methodological research was conducted to prepare the report for fulfillment of the requirement of Internship Program, an integral part to the academic curriculum for MBA. This report has been prepared on the basis of the findings out of the research work with practical knowledge, which includes collection of primary and secondary data, discussion with the executives and study on relevant books and publications. I have studied on relevant issues and tried to highlight the pros and cons of it accordingly in this regard. I have also tried to reflect all the findings of my study in this report to the point to make it a rich one. I would like to express...

Words: 15498 - Pages: 62

Foreign Exchange Activities of Exim Bank of Bangladesh Ltd.

...CHAPTER 1 Introduction 1.0 Introduction: Banking system is expending its hand in different financial events every day. At the same time the banking service is becoming faster, easier and the banking arena is becoming wider as the demand for better service increases day by day, they are coming with different innovative ideas & products. In order to survive in the competitive field of the banking sector, all banking organizations are looking for better service opportunities to provide their fellow clients. As a result, it has become essential for every person to have some idea on the bank and banking procedure. Internship program is essential for every student, especially for the students of Business Administration, which helps them to known the real life situation. 1.1 Background of the Report: This report was being assigned as a part of the BBA Program. To prepare the report under the BBA program requirement, I accommodate my internship program in the EXIM Bank Limited. For the completion of the program, I have already prepared a report. This report is being formed on the most important issue “Foreign Exchange performance of EXIM Bank Limited”. The entire report is based on practical experience of EXIM Bank Limited. I have tried to furnish all the issue that I gathered from through working with EXIM Bank limited. 1.2 Objective of the Report: The objective of the report are mentioned according to the priority- 1. The most significant......

Words: 14654 - Pages: 59

Investment Program of Exim Bank Limited

...CREDIT RATING REPORT ON Akij Food & Beverage Ltd. REPORT: RR/848/11 This is a credit rating report as per the provisions of the Credit Rating Companies Rules 1996. CRISL’s entity rating is valid one year for long-term rating and 6 months for short term rating. CRISL’s Bank loan rating (blr) is valid one year for long term facilities and up-to 365 days (according to tenure of short term facilities) for short term facilities. After the above periods, these ratings will not carry any validity unless the entity goes for surveillance. CRISL followed Corporate Rating Methodology published in CRISL website www.crislbd.com Address: CRISL Nakshi Homes (4th & 5th Floor) 6/1A, Segunbagicha, Dhaka-1000 Tel: 7173700-1 Fax: 88-02-9565783 Email: crisldhk@crislbd.com Analysts: Entity Rating Outlook Bank Facilities Ratings: Bank/FIs IBBL Date of Rating Declaration Long Term APositive Mode of Exposures (TK in Million) TLO* of Tk.750.16 WCL** of Tk. 83.66 May 26, 2011 Short Term ST-3 Asif Imtiaz Ahmed aiahmed@crislbd..com Asiful Huq asif@crislbd.com Entity Rating Long Term: AShort Term: ST-3 Outlook: Positive Ratings blr Ablr A- *TLO- Term Loan Outstanding **WCL Working Capital Limit ** CRISL rated the short term facilities under long term scale in view of their revolving nature 1.0 RATIONALE AKIJ FOOD & BEVERAGE LTD. CRISL has assigned ‘A-’ (pronounced as single A minus) rating in the Long Term and ‘ST-3’ rating in the Short Term to Akij Food and Beverage......

Words: 728 - Pages: 3

Foreign Exchange of Exim Bank

...Date: 16.09.2009 The AVP & Manager Export Import Bank of Bangladesh Ltd. Malibagh Branch Dhaka. Sub: Regarding submission of documents against L/C No. 1882-09-99-0047 Date: 28.04.2009 for BDT. 2,48,60,000.00 for collect Pay Order. Dear Sir With Reference to the above subject I would request your goodself please send the following documents for collection at your earliest convenience. Particulars of the documents are furnished below: a) Bill of Exchange - 02 copies b) Commercial Invoice - 08 copies c) Delivery Chalan/Truck Receipt - 04 copies d) Packing List - 03 copies e) Beneficiary Certificate – 01 copy f) Warranty certificate – 01 copy g) Certificate of origin – 01 copy h) Certificate of Arrival Material issue by Project Director – 01 copy Thanking You. With best regards, BILL OF EXCHANGE NO.ARMA/BTCL/01/2009 TOTAL L/C VALUE BANGLADESH TAKA=2,48,60,000.00 CLAIM AMOUNT BANGLADESH TAKA=1,36,73,000.00 At sight of this first Bill of Exchange the same tenor and date being unpaid pay to: Exim Bank Ltd., Malibagh Branch, 484 D.I.T. Road, Malibagh, Dhaka-1217 or order of the sum of BDT.2,48,60,000.00 (Say in word Two Crore Forty Eight Lac Sixty Thousand) only. Account of : Supply, Transportation, Installation, Testing and Commissioning of 100 KVA, Single Phase 50Hz, 45a # 2A, Diesel Engine Generator sets. Drawn under: One Bank Ltd., Kawran Bazar Branch, HRC Bhaban, 46 Kawran Bazar......

Words: 1375 - Pages: 6

Exim Bank

...Export-Import Bank of the United States 1998 Annual Report C H A I R M A N ’ S   L E T T E R s the Export-Import Bank of the United States (Ex-Im Bank) enters its 65th anniversary year, it faces more challenges than perhaps at any other time in its history. These chal­ lenges are related to the economic turmoil experienced in developing mar­ kets such as Asia and Russia during the past year. I am proud that Ex-Im Bank responded quickly and effec­ tively to the economic downturn that continues to threaten the growth and prosperity of much of the developing world. It was a difficult year for Ex-Im Bank, U.S. exporters, and their customers, but by working together, we were able to maintain vital export flows. A Expertise and Innovative Programs During the past 65 years, Ex-Im Bank has been recognized for its expertise in helping U.S. businesses compete against tough for­ eign competition in the developing world. Our ability to manage the political and com­ mercial risks associated with international trade in emerging markets helped meet the need for export financing in the markets affected by world economic difficulties in 1998. For example, Ex-Im Bank initiated export credit programs for Korea, Thailand, and Indonesia. We estimate that the shortand medium-term portion of the Korean program alone will result in approximately $3 billion in exports of U.S. goods and ser­ vices over a two-year period — U.S. exports that would not have been sold without Ex-Im......

Words: 8141 - Pages: 33