General Banking System of Al-Arafah Islami Bank Limited -A Study on Dakshinkhan Branch

Abstract

This report is prepared as part of practical orientation of B.B.A program where a description of general banking activities done by Al-Arafah Islami Bank Limited, Dakshinkhan Branch, Dhaka are covered. As like other banks, it has also a general banking section where the major tasks are like deposit collection, maintenance of accounts, honoring cheques, cash and all local services are done. It performs the job of fund running on behalf of the whole bank. Other main duty of the department is maintenance of the accounts and dealing with the clearinghouse. AIBL is occupied with general banking activities with a vision to spread out banking services to the customers. This corporate branch helps the Head Office to run the overall banking activities smoothly. To sum up, all the personnel are dedicated to their responsibilities to serve best service to the clients. As a result this bank has gained goodwill within a short time. Undeniably this bank play vital role in the fiscal expansion of our country. In addition, the popularity of this bank is rising day by day which leads to boost competition as well. In this report it has been tried to cover overview of AIBL‟s objectives, functions, management, business policy and other associated things related with the general banking activity. Lastly, some probable recommendations have been given to enlarge the performance of AIBL.