Internship Report Financial Performance Analysis of Grameen Bank

Abstract

The report is just a part of my BBA course at Daffodil International University and it offers the details of my three-month long internship in Grameen Bank. My internship topic was on “Financial Performance Analysis of Grameen Bank,” and this report is a representation of my work experiences and observation at Grameen Bank Head Office in Mirpur-2. A detailed analysis is provided by using various sources of data in the report. It also has an introductory review that makes the report follow a systematic and orderly pattern. The later sections describe my experience of internship in different departments of Grameen Bank, examination of the financial performance of this bank, major findings, conclusions, and practical recommendations. The Grameen Bank has gained international prominence as one of the most successful microfinance institutions that exist to serve the poor and less fortunate people especially women folk. Social welfare is the key focus of its operations at the bank. This report titled, A Review of the financial performance analysis of Grameen bank discusses the financial structure and performance of the institution giving an insight into its operational strategies and impact on the society. Driven by the aim of automating the processes, making them more accessible, and running a smooth transaction, in general, the Big Tech sector has achieved a significant enhancement in efficiency and customer satisfaction. With increased demands of quicker and convenient banking, financial institutions are finding themselves integrating technology usage and launching new platforms of products in order to match the new consumer demands and improve the overall quality of services offered. Lastly, Grameen bank operates to such an extent that it does not require collateral to work with the poorest in rural Bangladesh. In Grameen Bank, credit is cheap weapon in the battle against poverty and serves as a catalyst in overall development of the socioeconomic status of the poor since kept out of the banking orbit on the basis that it is poor and thus not bankable. The founder of the "Grameen Bank" and also its Managing Director, Professor Muhammad Yunus utilized the reasoning that the financial resources can be delivered at the reach of the poor people under terms and conditions that would meet the approval and would be reasonable, there could be surgical stress applied to the achievement of the economic stability and growth