Abstract:
This report has been created on the basis of my internship, which I have fulfilled
for MBA Program. This report was based on my three-month internship in
Mercantile Bank Limited ,Manikgonj Branch.
In today’s world Bank becomes an part and parcel in our life. It works as a
safeguard of our wealth. Numbers of banks are increasing day by day. That’s’ why
competition is also increasing day by day.
Mercantile Bank Limited (MBL) has started its operation on 2nd June 1999. I
never felt ambiguous and obscure when I was in this office. The environment of
the Mercantile Bank Limited is very good and friendly. The staff of Mercantile
Bank Limited are well behaved .Mercantile Bank Limited following the rules and
regulations of the Bangladesh Bank directive. The function of Mercantile Bank Ltd
to covered a wide range of banking and individuals, firms, and the rural areas and
multinational agencies.
Description:
The Mercantile Bank Limited has started successfully in Bangladesh in
1999. In the short period of banking business , MBL has shown better performance
in every aspect .The Bank is expanding its business through all over the
Bangladesh. At present the Bank has 138 Branches all over Bangladesh. In this
modern world banks are very important for the economic development of a
country. Banks contribute to SME loan which is very much helpful for the
economic development of a country. It helps to reduce the unemployment rate of a
country. MBL has already taken a significant position in the private sector
banking.Banking Department of MBL is also doing well in terms of collecting
deposits’.
