Performance Analysis OF International Finance Investment and Commerce (IFIC) Bank Limited

Abstract

IFIC Bank Limited is a leading commercial bank in Bangladesh. It has a good reputation and brand value in the financial market. Customers are very interested in the various products and services provided by IFIC Bank Limited. Internship Report Partial requirement for the Bachelor of Business Administration (BBA) as part of the internship program, I was kept in the Motijheel branch of IFIC Bank Limited. During the three-month internship program, I learned a lot about commercial banking operations. This report has identified the activities of IFIC Bank as one of the leading non-government organizations. This report contains information about all the commercial activities related to the bank. I mainly focused on the foreign banking system of IFIC Bank Limited in this report. Firstly, I made a summary of the foreign exchange department of IFIC Bank Limited, where I completed my internship program. Here I tried to focus on bank history, its mission, ownership structure, management structure, corporate objectives, risk management joint ventures, technology and HRD abroad. Then the next part of this report describes the foreign exchange activity and foreign exchange performance analysis, which includes foreign currency department, foreign currency functions, import, export, import procedures, credit cards. Opening of an L / C by the type of lender type, L / C opening method, credit sheet contents, documentary letter of credit, opening of IFIC opening / C, importers, import bill lending, method of lending, retirement leave documents, settlement of IMP forms, and remittance department, I tried to show this report how everyday activities are implemented and things are equally identical Is produced. I have identified the strengths, weaknesses, opportunities and threats of the foreign currency department, which has become a problem identification of the special category, and in my recommendation section some recommendations related to that problem, and finally came with conclusion and bibliography.