Internship Report on “The Credit Risk Management of Basic Bank Ltd.”

Abstract

This report abridges the key learning outcomes and experiences gained during my

internship at BASIC Bank Limited, with a specific focus on “The Credit Risk

Management of Basic Bank Ltd.” The internship was designed to provide practical

exposure to real-world business operations and to complement the academic knowledge

acquired during my undergraduate studies.

During this term, I was actively involved in evaluating operational processes, assisting

in analytical reporting, supporting departmental tasks, coordinating with teams.

These responsibilities allowed me to acquire empiric knowledge of professional practices,

improve my technical understanding, and develop essential workplace skills including

collaboration, adaptability, and analytical thinking.

Design and organize products and services. The project section focuses on analyzing the

credit risk associated with Basic Bank Limited. The report is structured into several

sections, including an introduction, organizational, learning, analysis, survey, findings and

recommendations, and supplementary sections. The report includes the letter of transmittal,

acceptance letter, acknowledgement, announcement, introduction regarding the issue, and

executive summary. The initial chapter embraces an introduction, a comprehensive

overview of the banking industry, the report's genesis, the report's purpose, the report's

methodology, the study's limitations, and the report's scope. The second section provides

an overview of Basic Bank Limited, including its values, mission, vision, and hierarchy

system. The analysis section provides the Bangladesh Bank's definition of credit risk.

Credit risk refers to the potential financial loss that Basic Bank Ltd. may incur due to the

failure of small and medium enterprises (SMEs) to repay their loans. Basic Bank Ltd. offers

a range of products and services specifically designed for SMEs. ShampadRin refers to a

capital loan; ChaltiRin is a working capital loan; MoushamiRin is a festival loan; DigunRin

is a double loan; Shahaj is an easy loan; BASIC ProyashRin project means to purchase

equipment, to repair existing equipment, to purchase tools/spares, to

acquire/repair/renovate business premises, to use as working capital. Anchal sector-wise A

breakdown is a breakdown of the loans based on different service industries. Loan outstanding, country situation, job responsibilities: leading the credit department,

supervising a group, managing direct sales, overseeing the credit assessment unit of the

Women Entrepreneur Cell, and handling MIS or planning. The final portion presents the

main discoveries and suggestions, which include the major findings: Positive findings,

negative findings, strengths, and weaknesses of Basic Bank Ltd. recommendations,

conclusions, and bibliographies. Basic Bank Limited holds the belief that the economic

prosperity of the entire country is contingent upon the individual development of each

citizen. In line with this principle, the bank is extending loans to both rural communities

and remote places inside the country. Thus, it has inaugurated seven different loan

categories. Obtaining the loan, individuals are actively contributing to the economic sector

of the country.