Foreign Trade Operation: Study on EXIM Bank Ltd

Abstract

Banking service in Bangladesh is characterized as a highly competitive and highly regulated sector. With a good number of banks already in operation and a few more in the pipeline, the market is becoming increasingly competitive by the day. With the global slowdown in the face of rising competition, the commercial banks are constantly looking for ways to develop their market and quality of service and product offers to remain ahead of others. A significant amount of regulation by Bangladesh Bank prevents the scope of introducing newer products into the market and thereby restricts a banks' ability to outer form others with a diversified product range.

Export Import Bank Ltd, one of the leading private commercial banks, is promoted by a group renowned Bangladeshi entrepreneur and started operation on 3rdAugust 1999. The Bank offers the full range of banking and investment services for personal and corporate customers, backed by the latest technology and a team of highly motivated officers and staff.

The report is divided into the following five parts- Introduction, Company Overview, Foreign trade Operation, Financial Analysis of the bank and Concluding Remarks.

Introduction section deals with some elementary issues regarding the background and the process of preparing this report. The next section following the introduction helps to know the brief history of Export Import Bank Ltd. Further, have tried to focuses on the services provided by Export Import Bank Ltd.

Foreign trade operation is the starting point of all the Foreign banking operations. It is the operation, which provides day-to- day services to the customers. It involves with import, export and remittance. Financial analysis part shows the financial position of Exim bank, where Trend analysis & SWOT analysis included. Final section shows Findings, conclusion & recommendation.

In this report the promoters and the equity holders are aware of their commitment to the society to which they belong. Export Import Bank Ltd plays an important role in mobilizing domestic resources with its stupendous operating performance and wants to make a substantive contribution to the society where it operates.