INTERNSHIP REPORT ON UNITED COMMERCIAL BANK LTD. (UCB)

Abstract

As a partial fulfillment of Bachelor of Business Administration (BBA) program the internship is designed to the gap between academic knowledge and the practical to some extend. It is really a great opportunity to have on real life experience while passing through the process of theoretical learning. The report is prepared with to two and half month’s internship program in the United Commercial Bank of Bangladesh Ltd. Banking system of Bangladesh has gone through three phases of development- Nationalization, Privatization, and Lastly Financial Sector Reform. United Commercial Bank Of Bangladesh Limited has started its journey as a private commercial bank on June 3, 1983.

The whole working process of Dhanmondi Branch, UCBL is divided into 2 sections- (i) General Banking section, & (ii) Credit Section, This report has been presented based on observation from each section, which is consisted of various departments and especially this report based and also presented on the credit risk management on UCBL which is also my repots main topic. Foremost, I have tried to make acquainted with the bank and branch in this report.

General banking is the starting point of all the banking operations. It is the department, which provides day-to-day services to the customers. It opens new accounts, remit funds, issue bank drafts and pay orders etc. Provide customer through quick and sincere service is the goal of the general banking department

Bank credit is an important catalyst for bringing about economic development in a country. Without adequate finance, there can be no growth or maintenance of a stable economy. UCBL, being one of the largest private commercial bank of the country, has some prejudice to finance directly on priority basis to agriculture, industry and commerce sector for strengthening the economic base of the country. Hence, it is very clear that, UCBL plays an important role to move the economic wheel of the country. Providing different sorts of credit and schemes like loan against imported merchandise (LIM), Trust Receipt, Bank Guarantee, Industrial Loan, SOD, Consumer Credit scheme, Executives Car Loan, House Finance is the main spring of the credit department.

And finally I discus my reports main topic is the UCB’s credit risk Management. In this point I give the deletes description about the several types of risk of export, overall export policy s of UCBL, Risk Management strategy, Export Facility, several types of CIB report, Credit risk grading etc.Giving all this information I try to show the UCB‘s Credit managements Strategy and how they maintain their risk and doing their business to and earn the profit.

So finally I want to say that in this repot I try to give information about UCB’s General banking system than its Foreign Exchange Department than its Loans and Advance System, and Its Credit Risk Policy and Management system which is my Internee reports main point.