An Analysis of The Training and Development Practices of Prime Bank Limited

Abstract

This report is a result of my knowledge on Training and Development Center of Prime Bank Limited (PBL). Prime Bank Limited (PBL) is one of the leading private commercial banks among the financial institutions of Bangladesh. They have some corporate philosophies for their customers, employees, shareholders and for the community. Prime Bank focused on the quality of services, customer satisfactions. In this report I discussed about the Human Resource Training and Development Center (HR-TDC) system of the Prime Bank. HR-TDC follows some steps to give training to the employees. They follow the rules, steps, principles, core functions of HR department. In this report I show the different type of training of Prime Bank Ltd. the needs, demand of the executives, the employee’s needs are also important for giving the appropriate training. HR-TDC plays an important role for the employees. They collect the information from their different branches and plan for the training and execute this. So the report shows the overview of HR-TDC of Prime Bank Ltd. Prime Bank provide some training on IT, Training on Base1 II and Base1 III related issues & stress testing, Training on UCP 600, ISBP-745 Inco terms-2010 and Foreign Remittance. PBL also a sector of Islamic Banking and they also provide the training on this topic. Prime Bank has some problem in the HR-TDC such as: They don’t conduct proper training need assessment strictly; shortage of manpower for supporting training programs and the management, It Lab and Training center of prime Bank is not so update. So for these problems I have given some recommendation that can be helpful for these kinds of problems. The recommendations are upgrade the IT Lab of HR Training & Development Centre, increase their manpower, and training need assessment should be conducted more strictly for the betterment of the employees. So this report shows the total activities of HR-TDC of Prime Bank Ltd.