Abstract:
This report has been made to meet the requirements of the MBA program at Daffodil International University. It highlights my two month internship experience at Eastern Bank PLC at the Satmosjid Road Branch. My goal was to give a detailed overview of EBL financial performance and investment activitie. Founded in 1992 Eastern Bank PLC, often called EBL has grown to be one of the top financial institutions in Bangladesh. EBL has transformed from its humble beginnings into a name associated with excellent service, innovative product. It is recognized as the most awarded bank in Bangladesh and was the first to receive a rating from the respected Moody’s rating agency, achieving a Ba3 rating that has been confirmed for three years, with its current rating at B1. In the energy sector, EBL has backed projects that can generate over 2100 MW of electricity. The bank accounts for 4.6% of Bangladesh's trade volume, totaling USD 3.6 billion. In aviation financing, EBL is a key player, having financed USD 194 million for 12 aircraft, including the national airline, Bangladesh Biman. The bank's strong IT solutions give it a significant edge in the market. EBL was the first to earn the PCIDSS certification for card security in 2021, A statusreaffirmed in 2020 and 2021 by the respected cybersecurity authority, NCC Group from the UK. The last section of my report discusses the future development plan and the welfare of EBL based on the analysis of UPDS and RDS. At the conclusion of the report, I present my findings, recommendations and reflections. Additionally, I summarize my conclusions regarding EASTERN BANK PLC and evaluate the performance of my study.
