An Analysis of the Credit Management of Sonali Bank Limited: A Study on NCTB Branch

Abstract

Sonali Bank Ltd. is the largest state bank of Bangladesh. Sonali bank Ltd follows the rules and regulation prescribed by the Bangladesh bank. The function covered a wide range of banking and functional activities. The main intention of the Bank is to provide all of banking services at the doorsteps of the people. This is an orientation report conducting A Study on “An Analysis of the Credit Management of Sonali Bank Limited: A Study on NCTB Branch”. The objective for making this report is to identify the credit products and services, analyze credit appraisal, and explain loan disbursement and recovery system of Sonali Bank Limited. After analyzing problems must be identified and proper recommendation is to be given for solving the problems. Various sources are be used to collect the proper information and achieve the goals. Observations, team work, discussions methods are used to gain information needed. Sonali Bank provide a safe and convenient way to accumulate savings and offer services for managing money. The bank provided customer with a safe lending opportunity and the recipients are liable to pay interest. It is an incentive for the bank to engage in the loan. They follow liable way to disburse the loan and finally to recover the payments. After analyzing it is founded out that the bank is not concerned about publicity , maximum loan are given to long-term sector,, huge overdues,customer relations is little-bit poor, have not enough skilled employees. These types of lakings must be reduced. Bank must imposed necessary steps against the problems. They can employ more skilled person. Bank should give sufficient support to SME and other micro-credit sectors. They should be more aware about their potential customer.