An Evaluation of the Operations of Credit Information Bureau

Abstract

IDLC Finance Limited is one of the alleged non-banking financial institutions in Bangladesh. I had an opportunity to closely view the functions and ethnicity of this organization. I have conducted my internship report on evaluation of Credit information Bureau, a Study on IDLC. This topic is very much necessary to organize my report as I am working in CRM department in CIB team & analysis. This report has been prepared to analyze the importance of CIB & current credit risk management. I have tried to give all information about my topics. The main subject is Credit Information Bureau & Credit analysis. From this point of view it justifies the subject matter of the report. The credit& risk management department of Bangladesh Bank provides information of borrowers who have taken various types of loan and facilities. Every FI should have a credit risk policy document that should include risk recognition, risk measurement, risk grading/aggregation techniques, reporting and risk control/ mitigation techniques, documentation, legal issues and management of difficulty facilities. The senior management of the FI should build up and establish credit policies and credit administration procedures as a part of overall credit risk management framework and get those approved from Board. Such policies and procedures shall provide guidance to the staff on various types offending including Corporate, SME, Consumer, Housing, etc and in future if I do job any financial organization I can optimize in my job place and because of this internship project I can gather so much knowledge and can use it. Location of the Corporate Head Office and branches of the IDLC Group